ASSOCIATED REDWOOD TNIffi

P.O. Box 598 - Arcqlo, Colifornia

From Reliqble Mills

Bill Brouning

TWX: ARC43

Phone: VAndyke 2-2416

Direct: VAndyke 2-2202

R.edwood Lumber Scrles in Jonuory

Posted c Seosoncrl Rise

California Redwood Association reports for 11 major mills show new orders received during the month totaled 43.7 rmillion board feet, exceeding December by 12.6/o and January 1960 by 4.3/o. Unfilled orders for 70.5 million equalled last year and were up 12.3/o from December.

Shipments of 32.7 million board feet were 16.7/o over December but 6.6/o under January 1960. January production of 32.2 million was 24.3/o ahead of December though 36/o less than January last year.

With shipments exceeding production, mill stocks of 408.4 million board feet were down slightly from December and about L.S/o above the same month a yeat ago.

News from Weyerhqeuser

Tacoma, Wash.-The name of Weyerhaeuser Company's Rilco division will be changed to "Rilco engineered wood products division," it was announced today by Dale L. Gaeth, division vice president-manager.

The change is effective immediately.

Rilco specializes in the manufacture of a wide line of laminateil wood arches, beams and trusses for church, school, farm, commercial, industrial and residential building. Plants are located at Albert Lea, Minnesota, and Cottage Grove, Oregon.

"Rilco has rapidly expanded its markets in the engineered wood products field," said Gaeth. "This has made our present divisional identity too restrictive in meaning as it does not adequately cover the diversity of products and services offered bv us."

The Rilco nam6 ir derived from the initials of Rock Island Lumber Company, Rilco's original parent organization.

REDWOOD,

FIR ond PINE DIRECT RAIL or TRUCK & TRAIIER SHIPMENTS

Downey, Colif.

SPruce 3-4621

WAlnut 3-2176

Rolph Sreffen o CqrlDuproy

Ht!Did you know lhql we,re fhe ONly distributor of pre-hung doors exclusively serving the Lumber Deoler hade in Northern Colifornio?

Well, we qrel

We're oll for You'csuge we,re on Independenf, too!

Douglos Fir Plywood lmported Plywood

NORDAHT pockets

NORDAHL "FeqlherTouch" wqrdrobe wqlls

Rivierq Wordrobe Doors

EVANITE hqrdboqrd wooDuFE

WOOD-KOTE

HAND-SPLIT CEDAR SHAKES ond SHINGLES

Dislributors for OLYMPIC STAINED PRODUCTS . ..

Perfect Fit Sidewolls ond Stoins

Georgio-Pqcific Reporls | 960Soles, Eornings, Gosh Flow Highest in Hisrory

New York-The highest sales, earnings, and cash flow in the history of Georgia-Pacific Corporation are reported in the Company's 1960 Annual Report. This record was established despite what Chairman Owen R. Cheatham and President Robert B. Pamplin call a "difficult year."

Net sales of Georgia-Pacific for the year are reported at $221,997,000 compared with $210,555,000 in 1959. Net income is shown at $15,210,00O compared with $15,070,000 for the previous year. Net cash generated from operations was $40,030,000 compared with the '59 figure of $40,003,000. Based on the average number of shares outstanding, net profit was $2.45 a share for 1960 compared with $2.51 in

1959. Cash flow was $6.66 compared with 96.71 for the previous year. Comparisons reflect inclusion of the operations of W. M. Ritter Lumber Company and Plywood Products Corp. in both years.

The record totals are attributed by the Georgia-Pacific officers to the Company's building and modernization program plus the integration of Georgia-Pacific's plants and distribution facilities with its timber resources. "This program, started about five years ago, is nearly completed except as to the properties acquired in 1960," the letter to stockholders states.

Three major properties were acquired in 1960, according to the Report; first, the Pilot Rock Lumber Co., located in eastern Oregon and including approximately 100,000 acres of timberlands (principally Ponderosa Pine)" and related logging and manufacturing facilities; second, pooling of the interests of Plywood Products Corp. with GeorgiaPacific which resnlted in vesting in Georgia-Pacific all aspects of a joint operation for the manufacture of sheathing plywood; third, the merger' into Georgia-Pacific of the former W. M. Ritter Lumber Company including approximately 300,000 acres of land, principally in West Virginia and Virginia, of which about 220,5W acres contain highgrade Appalachian and Southern hardwoods plus valuable reserves of metallurgical coal and natural gas.

During 1960 the capacity of the Corporation's pulp and containerboard plant at Toledo, Oregon, was doubled. A new plywood plant was constructed at Springfield, Oregon; five new sales branches were added to the nation wide distribution system; and construction was started on a Fiber-Ply plant at Springfield, Oregon and a kraft containerboard converting plant at Olympia, Washington, both to be completed in early I96L

The growth of demand for Georgia-Pacific's principal products has been outstanding, NIr. Cheatham and Mr. Pamplin state, and the prospects are excellent for a continuation of this trend. The Georgia-Pacific Annual Report contains a chart showing demand for fir plywood over the past ten years has almost tripled, and demand for kraft p"pet, boird, and pulp has been growing at a rapid rate.

"We will continue to emphasize our research program which, in 1960, developed a number of"new products expected to increase both sales and profits. We are coniinuing studies for a large pulp and paper plalt at Samoa, California, for which plant site and water resources have already been provided. Our present plans look to the commencement of construction in 1962 or soon thereafter."

Georgia-Pacific is one of the largest integrated forest products companies and produces a wide range of products including plyivood, papei, containerboard, redwood lumber and spe-ialties, hardboard, lumber, chemicals, and a wide range of specialty products.