Redwood And Custom Milling

year. The market is firming up and prospects for the latter half of 1956 are good, Koutonen said.

Garrison traced recent growth of the industry from 1953, when capacity was slightly better than 3 billion square feet. By 1954, capacity was 4.4 billion feet and during the Golden Jubilee year just passed, sales and production topped the 5 billion square feet mark, Garrison said.

The answer to continuing increased sales is in a "tightlyorganized, well-planned, overall industry sales promotion effort such as is being carried on yearly by the Douglas Fir Plywood Association," Garrison declared.

Economist Predicts Healthy Building general up-trend in the nation's economy which will up plywood demand for the rest of the year and will build up to a 25/o rise in plywood sales by 1966 was predicted by E,conomist Charles F. Roos in an address before the annual meeting of the DFPA. Dr. Roos, who is head of the Economic Institute in New York,. told over 250 plywood manufacturers that the demand for their product will continue firm because of several factors which will stimulate activity in the construction and business fields. Some of these reasons are:

1. A 10% rise in wage levels before the end of the year and continued high employment.

2. A general relaxation of the Federal Reserve Board's tight money policy which has already begun in the form of more available credit.

3. A 16% rise in population over the next ten years.

4. A 23% annual rise in construction activity in the