1"ng 'l,rtt en{^On-' or other DOUGLAS FIR HUFF 1UMBER COMPAilY

116 West ll6th Street, los Angeles 51, California corporations last year were off 46.5% compared with 1956, and down 43/o compared with the five-year average for 1952-56. llere's how the sales picture shaped up : lumber and wood products, up I.3/o; nonferrous metals, up 3.9/o; iron and steel, up 20.7%; stone, clay and glass products, up 2I.5%.

The net profit total for iron and steel last year was about the same as in 1956 and nearly 34/o above the 1952-56 average. Stone, clay and glass products were down 9/a f.rom 1956 but up nearly ZIc/o compared with 1952-56. Nonferrous metals were down 4O/o from 1956 but off only l0/o from 1952-56.

In all four industries, the dollar volume of sales last year was greater than the annual average for 1952-56. At the same time, the gain recorded by lumber and wood products was considerably less than the increase of wood's competitors.

Industrial

Items

West Coost Roilroods Propose Lumber, Plywood Freighr Cuts

Portland, Ore.-The major rail carriers on the west coast have proposed freight-rate reductions of lO/a to 25/" on lumber and plywood shipments from the Pacific Northwest into California and Arizona. The North Pacific Coast Freight Bureau and the Pacific South Coast Freight Bureau jointly announced the cuts "to meet truck competition."

The roads will put the reductions into tariff form and file them with the I.C.C. which must give 30 days' statutory notice and then await any protests. The roads involved are Southern Pacific, Great Northern, Northern Pacific, Milwaukee, Union Pacific, Spokane International, the Spokane, Portland & Seattle, \Mestern Pacific, Santa Fe, Canadian Pacific, Canadian National, and the B. C. Electric. Reductions would apply on lumber shipments from Washington, Oregon, northern Idaho and British Columbia.

New BUfIDING Developments...

Baldwin Park City Council approved plans for remodeling the old Central School building at $25,000 to house city departments.

The $1 million restoration orf the old Santa Barbara Mission. under construction for two years, was celebrated April 2l with a blessing by.Cardinal Mclntyre of Los Angeles.

The $l million sale of the 32Gacre Lake Ranch between Tamarisk and Thunderbird Coun'try Clubs in Palm Springs was announced May 1. It will be developed into estates. ,i

O,ff-base housing needs for personnel of ,Cooke AFB, Santa Maria, will total 3,532 by December 1959, predioted First Missile Division Cornmander Gen. David Wade. The nation's first missile-training installation, 2O miles southeast of Santa Mari4 will have two Capehart housing units totaling 14O5 homes by that time and 1,777 home lots are in the planning stagie, with building to continue through t961.

The $12,500,000 school bond issue for the Antelope Valley Joint

U,nion High school and Junior College distriot was pas(ed tpiit n. ' $7,375,000 is for Antelope Valley college, I-ancaster, and $3,709,200

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