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and prices are at least holding their own.

Always before in our business and economic history' business slumps were first felt in the lumber and building business, because a new building was always considered something that could be postponed. This year it isn't true. Many lines of business have been reporting declines of some size or other. The automobile industry that always used to lead the parade, is still uttering loud cries of pain, particularly in the used car end.

But building is good, lumber is good, and the goose hangs at an unheard-of high altitude. Thirty-six billion dollars for building this year is really something to shout about; and to do all that building requires a lot of building material, such as lumber and other wood products.

We can look forward through 1954 with confidence.

was effective June 7, said he plans to rest about two months; l,e will keep his home in the county.

Predicts Reol Estote Boom

Dr. Fred Case, economics professor at UCLA in Los Angeles, is consultant to the California Savings and Loan I-eague. He advises the league that high activity in real estate in California, and particularly in Southern California, w-il1 continue indefinitely from all present signs, The rapidly increasing population, together with growing stability in the production and errployment fields, is the basis for his opinion.

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