LUMBER!!!

Mill

is entitled to a fair return on its investment, just as our members are entitled to a fair return on their effort. To accomplish these ends requires full realization on the part of both that a financially successful and healthy company, either cabinet or any other, is every bit as necessary as well paid and healthy drivers and warehousemen. Your success is, naturally, necessary to our success and our efforts are among the most important of the ingredients that makes it possible for a company to reach its highest objectives. Realization of such elementary economic considerations is a guide mark of successful companies. It is also the guide mark of unions who fully live up to their responsibilities to their members.

"It is not often appreciated that ours is a service industry. Through collective action and strength, we can serve and protect our members in as efiective and successful a way as your association can serve and protect your members. We are always gratified when the climate of confidence makes it possible for us to work together."

Following his talk, Mr. De Marco introduced Art Wright, Business Representative of Teamsters Local No.-196" who was also a guest of the Association.

Monthly Lumber Focls

Production at Douglas fir sawmills is rurrning l2/o ahead. of a year ago. Another bright spot is orders, which are up 330 million feet above 1963 sales. Shipments are running very close to orders, the West Coast Lumbermen's Association reports.

Lumber inventory is about the same as for the past two months, but unfilled orders have climbed a few million feet in the past month.

The weekly average of West Coast lumber production in May was 179,953,000 b.f. or 113.5% of the 1959-63 average. Orders averaged 167,815,000 b.f.; ship. ments 176,440,000 b.f.; weekly averages for April were production 181,411,000 b.f., 114.4% of the 1959-63 average; orders 166,066,000 b.f.; shipments I75,774,000 b.f.

Five months of the 1964 cumulative production 3,850,854,000 b.f.; five months of 1963, 3,478,976,000 b.f.; five months oI 1962, 3,M2,63 1,000 b.f

HORACE

Edison Bldg., Suire 825 l0O long Beoch Blvd.

Long .Beo,ch, Cqlif. 9O8O2

From Los Angeles coll775-2693

Beoch Areo 547-5171 o432-2555

TWX 213-549-1960

Orders for five months of 1964 break down as follows: Rail and trtck2,783,5M,000 b.f.; domestic cargo 680,854,000 b.f.; export I52,372,0W b.f.; local 138,367,000 b.f.

The industry's unfilled order file stood at 558,107,000 b.f. at the end of May; lumber inventory at 1,047,828,000 b.f.

Figures covering the first quarter of 1964 have been revised.