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L, IilT, MARTINEZ GO.
WHOI.ESAI.E IIIMBER
Hobnrt Building
SAN FR,ANCISGO 4, CALIF.
Gomplete In-Trqnsit Service Offered by K-D Terminol
Alfred McCausland, executive vice-president of K-D Terminal, Inc., Oakland, announces that the Oakland dry kiln and lumber processing plant now offers complete intransit service for lumber products from the Far East through the facilities of Encinal Terminals, Alameda, and the K-D plant at the foot of 64th Avenue, in East Oakland. McCausland estimates that these and other arrangements made by K-D Terminal should constitute a savings of approximately $20 a thousand feet under existing conference rates.
K-D Terminal has also arranged bonded warehouse facilities through Hasslett Warehouse Company whereby warehouse certificates may be issued on lumber in K-D Terminal custody.
"In other words," McCausland states, "we are now in a position to offer complete lumber processing from ship to rail-and at a cost we feel will be of interest to anyone needing a reliable in-transit processing facility for his lumber."
Housing Storts ro I O8,OOO in Mqy
Builders started 108,000 nonfarm dwelling units in May, a seasonal gain of 2,000 over April but about 30,000 less than May 1955, the U.S. Department of Labor's Bureau of Labor Statistics announced. On a seasonally adjusted basis, the 107,000 privately owned units placed under construction this May represented an annual rate of 1,110,000 units, the same as in Aoril.