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Lumber Leader '\(/arns Against Runaway Prices
Houston, Tex., Aug. 19-Jim Ben Edens, president of the Texas Lumber Manufacturers Association, has issued a note of caution to all lumber manufacturers in the state as a result of the recent upswing in the demand for the'products of Texas lumber mills.
"As we all know, the demand for lumber has taken a sharp upward swing during the past 30 days," Mr' Edens said, "and all indications point to the continuation of this trend in the face of low stocks on hand at virtually all major mills in the East Texas timber belt.
"Manufacturers are urged to hold the prices of their products within reasonable limits to prevent the possibility of chaotic conditions which have, in the past, resulted from
Ponderoscr Pine SurveYs Show Bedroom Style Trend
America's favorite bedroom has pastel colors on the walls, white or cream paint or enamel on doors, windows and woodwork trim. This fact was revealed by a recent nationwide survey made by Ponderosa Pine Woodwork to determine style trends in home decoration'
Wallpaper and paint are equally preferred for bedroom walls, but owners insist on pastel shades in both' More than 5O/o of those interviewed prefer painted or enameled doors, windows and woodwork trim, the favorite color for woodwork being white or cream.
Hall-Yecr Report Releqsed
Tacoma, Wash., Aug. 8-For the six months' period ended June 30, 1949, net income of Weyerhaeuser Timber Company and wholly owned subsidiaries was $12,030,024, ".ooidittg to the firm's quarterly statement of consolidated income issued today. This is a net income of $3'93 per share, as compared to $1.77 for the first quarter of' 1949' Sales of lumber, lumber products, logs and pulp amounted to $58,068,824 lor the six months' period. Taxes accrued by the company were $8,580,896' Figures listed in the quarterly reports, which supplement the annual financial statements issued previously, are subject to adjustment at year's end after the accounts have been examined by independent public accountants'
Movcrble Partition
Development of a new incombustible, movable partition for office buldings has been announced by United States Plywood Corporation. Known as the USP Partition Panel, it ias been approved for use in fireproof buildings by the Board of Standards and Appeals, New York City' The panel comes in a wide variety of hardwood faces, and is already in use or is being installed in the Time-Life Building, the Radio City Building at 3O Rockefeller Plaza, and the executive offices of the New York Baseball Giants; the Merchandise Mart, in Chicago; and the Dayton Company (department store), MinneaPolis.
such increased demand without a corresponding increase in production and where stocks on hand were not sufficient to cope with the influx of additional orders for lumber.
"It is our desire to market from Texas mills lumber of increasingly fine quality at reasonable prices. The unscrupulous manufacturer and the black marketeer have no place in the Texas lumber picture and we are going to continue to keep them out of it.
"To do so during a period of such demand for lumber as we are now experiencing, however, will require the cooperation of all major Texas manufacturers in holding the price line within reason and in maintaining the same or higher standards of quality in our products."
New Pcckcged Advertising Plcn Recdy
United States Gypsum announces the 1950 edition of their Packaged Advertising Plan, with many new features designed to create greater store traffic for dealers, and to strike aggressively at the great repair and remodeling market. USG representatives are Tully equipped to show this 1950 Packaged Advertising to all interested dealers. Contact any USG district office for complete details.