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L. H. EUBANK & SON
Manufacturers And Whotesalers To Retait Tumber Yards
PONDER,OSA PINE MOLDINGS _ IRONING BOARDS
Pondeross ond Sugor Pine-White Fir-Spruce Carloqd-Truck & Trailer- !/C/L Representing Reliqble euality Mills
,_O,|egon 8-2255
Second Glucrrter Western Pine Volumes OlI, lmprovement Seen
433 W. Florence Ave. Inglewood, Colif.
A preliminary estimate puts the Western Pine industry's production during the second quarter of this year at 1840 million feet, down 12.3/o from the same quarter of last year.
Shipments were about 1928 million feet, i reduction of 83% from the second quarter of. t957 and the lowest for the quarter since 1952.
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ORegon 8-96410
Stocks at the end of the quarter are about 1880 million feet 99T_l".tg with 1968 million at the beginning of the quarter and 1998 million feet a year ago.
The demand for lumber showed a little more than the normal seasonal increase during the second quarter but did not strengthen as much as producers would have liked. Basic conditi,ons seem to be definitely on the mend and many in the lumber in9ustry, as in other industries, believe the bottom of the slump has been reached or passed. However, no immediate shari upturn seems likely.
USP to Mqrket Plywood Output Of fhe Pocific Cocrst Compony
^ S. W. _ Antoville, president of United States plywood Corporation, and Hugh J. Jacks, president of The Pacific Coast Company, announce that U.S. Plywood will market the entire fir plywood output of Pacific Coast, beginning September 1. The arrangement involves 36 million sq. fi annual production capacity of the Pacific Coast Company's plywood mill at Sonoma, Calif., and with the addition-of this production, U.S. Plywood will have available an annual volume of approximately one billion sq. ft. from its own mills and other contract sources to distribute through its 114 warehouses.
Timber reserves of the Pacific Coast Company are estimated at 500 million b.f. The company also bpeiates sawmills, a green veneer plant, a redwood timbei drying and re-manufa_cturing plant, and mining and shipping- subsidiaries. Officials of the Pacific Coasf Company-siatEd that they were actuated by a desire to improve their sales on a continu.ing basis. Hugh J. Jacks, president of the company, is serving his second term as piesident of the Califbrnia Redwood Association, and A. W. Agnew, vice-president in charge of the Plywood division of the Pacific Coast Complny, was. recently re-elected president of the Douglas Fir Plywood Association.
fo Push Olympic Sroined Products
Appointment of George C. Oistad as sales promotion manager for Olympic Stained Products Compiny, Seattle, is announced by President Philip W. Bailey. Oidtad will handle Olympic stains and prestiined woods, with initial emphasis on the promotion of the prestained wood line.
Oistad's appointment, said Bailey, is a continuation of