DANT & RUSSELL, lnc.

-Ior over 50 years dependobfe suppfiers oI quality foresf producls

LUMBER DIVISION

Ponderoso Pine a

Douglos Fir a

Port Orford Cedqr a

Weslern Red Cedqr a

Weslern Red Cedor Shingles qnd Shokes a Redwood a

Douglos Fir Plywood, lnterior ond Exterior a

Coos Boy Hqrdboqrd a

Coos Boy Underloymenl a

Coos Boy Overloy

FIR.TEX DIVISION

Fir-Tex Tile-Plqnk-Boqrd a

Fir-Tex Acousticql Tile a

Fir-Tex Roofdek a

Fir-Tex Sheothing a

Douglos Fir Plywood, Interior ond Exterior a Corolite a Jolousies a Roofing o

Textolite Plqstic Surfocing a

Weslern lnsuloting Siding

BY SHIP . RAII . BARGE O TRUCK

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&

TRAITER

DANT & RUSSELI, tNC. BRANCH OFFTCES

Los Angeles, Colifornia

Lurnber Division

2525 Ayers Avenue ANgelus 9.o174

Fir-Tex Division

El2 E. 59rh 5r. ADoms 2-8lol

Son Diego, Colifornio l57l South 28rh St. BElmont 3-7425

Dqnt & Russell, Inc.

May 1956 Construction Activity Advanced Seasonalty

Jonuory-Mcry Totol Morched Record Set by Firsl Five Months of | 955

The value of new construction put in place expanded seasonally in May to $3.7 billion, equalling the previous May high set in 1955, and reaching a record total of nearly $15.8 billion for the first five months of the year, according to preliminary estimates prepared jointly by the U.S. Departments of Commerce and Labor. After allowance for seasonal changes, construction expenditures during May rose to an annual rate of $43.6 billion. This compares with an annual rate of $43.1 billion during January 1956 and actual outlays of $43.0 billion in 1955.

Private expenditures totaled $11.3 billion during JanuaryMay 1956, equalling the all time high for private construc- tion outlays reached in the first five months of 1955. The decline of $450 million in private housing was offset by advances of $230 million in private industrial building and 9235 million in commercial building.

The expansion in N{ay occurred in virtually all types of construction. Private industrial building rose to a new alltime high for the third successive month.

Nlerchants Express Company of San Francisco last month brought the Ways Freight Line in an auction held by the Intr:rnal Revenue Service to satisfv tax claims of $96.000.

L.A. '55 Building Set Pqce

Right up to the end of 1955, Los Angeles maintained a pace-setting building activity, recent figures have disclosed. The city's $433,455,885 worth of 1955 building permits exceeded the combined totals of Chicago and Philadelphia by $23,583,718, and topped Detroit's volume by $DO,6D,4I0. In fact, the Southern California colossus was topped last year only by New York City's five boroughs with their total building figure of 9667,463,417.