How Lumber looks

Ltrmber shipments of 524 mills reporting to the National Lumber Trade Barometer were 0.1 per cent below production for the week ended February 20,1954. In the same u-eeli new orders of these mills were 13.0 per cent above production. Unfillecl orders of the reporting mills amounted to 36 per cent of stocks. For the reporting softwood mills unfilled orclers lvere equivalent to 23 days' production at the current nrte, and gross stocks were equivalent to 60 days' productiorr.

For the year-to-date, shipments of reporting identical rnills r'vere 2.0 per cent above production; new orders were 8.3 per cent above production.

Compared to the average corresponding weeli in 1935-1939, production of reporting mills was 122.3 per cent above; shipnrents rnere 91.7 per cent above; new orders were 117.7 per cent above. Compared to the corresponding week in 1953, prodttction of reporting mills was 6.8 per cent belor,r.; shipn'rents \ ''ere 12.7 per cent below; and new orders were .5.2 per cent belorv.

The \\:estern Pine Association for the week ended February 13, 121 mills reporting, gave orders as 74,81J,000 feet, shipments 65, 357,000 feet, and production 60,724,000 feet. Orders on hand at the end of the week totaled 211,850,000 feet.

The California Redwood Association for the month of

Jantrary, 1954, 20 companies reporting, gave orders received as 53,587,000 feet, shipments 46,582,000 feet, an<l production 52,249,000 feet. Orders on hand at the end of the month totaled 62.869.000 feet.

The Southern Pine Association for the week ended February 27,83 units (103 mills) reporting, gave orders as 17,16,000 feet, shipments 16,650,000 feet, and production 15'649'000 (Continued on Page 4)

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