THE CALIFOR}.IIA LUMBERMERCHANT How Lrumber lrooks

Lumber shipments of 501 mills reporting to the National Lumber Trade Barometer were 1.5 per cent above production for the u'eek ended June 27, 1953. In the same week new orders of these mills were 6.6 per cent below production. Unfilled orders of the reporting mills amounted to 40 per cent of stocks. For the reporting softwood mills unfilled orders were equivalent to 22 days'production at the current rate, and gross stocks were equivalent to 55 days' production.

I.-or tl-re year-to-date, shipments of reporting identical mills were 4.0 per cent above production; new orders were 4.6 per cent above production.

Compared to the average corresponding week in 19351939, production of reporting mills was 58.9 per cent above; shipments were 70.9 per cent above; new orders were 57.5 per cent above. Compared to the corresponding week in 1952, production of reporting mills was 3.3 per cent above; shipments were 2.8 per cent above; and new orders were 7.0 oer cent below.

The Western Pine Association for the week ended June 27, 108 mills reporting, gave orders as 76,034,000 feet, shipments 76,342,000 feet, and production 77,877,0N feer. Orders on hand at the end of the week totaled 209.450,000 feet.

27,94 units (119 mills) reporting, gave orders as 17,458,000 feet, shipments 16,757,000 feet, and production 18,462,0O0 feet. Orders on hand at the end of the rveek totaled 45,665.000 feet.

The California Redwood Association for the month of May, 1953, 19 ,companies reporting, gave orders received (Continued on l'age 64)

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