W. E. CllllPER WHOLESALE LUMBER Cll.

4848 West Pico Boulevord, Los Angeles 19' Golif.

Estqblished 1894

DIRECT SHIPMENT: Ponderosq ond Sugor Pinef,g3lve4lSpruce

Western Red Cedqrleuglq5 FirHemlock lmported qnd D6mesfic Hordwoods

L-C-L: Gedor ond Pine

Jim Cooper Bob Willioms | Sid Beqver

USP Buys Chonnel City Wqrehouse, Opens Bronch in Sqnto Borboro

Although United States Plywood Corp. had been planning for some time to establish a Santa Barbara, Calif., branch, it was able to move ahead of its timetable when the warehouse there of the Channel City Plywood Co. was put up for sale. USP bought the old firm and took over operations September 15 for its newest California branch warehouse.

solid PHIIIPPINE IYIAHOGANY

William N. Bradley, Glendale branch manager, will supervise the new Santa Barbara warehouse, and Torben Nielsen, who has been successfully handling the Glendale order desk, will be transferred to the channel city order desk. Lee Brown, well-known driver for the old Channel City Plywood Co., will be retained by the new owners and USP will shortly announce its outside salesmen for its latest branch.

Pine Men Srudy Ghonge to Grqde Nomes

(Continued from Page 16) penalize development of a healthy, integrated forest products industry needed to fully utilize federal timber resources.

A. B. Hood, general manager of the Ralph L. Smith Lumber Co., Anderson, Calif., and the association president, told the group that though the lumber market is showing signs of strength, it was chiefly in the lower grades, and the industry could be but "mildly optimistic" about the future.

"Market reaction in the last couple of months makes us feel we may be emerging from the 'slough of despond' onto solid ground," he said.

"But before we think we are on the high road to recovery, we need a firming up on all grades," he added.

"Nevertheless, we do feel better and we will be going into this winter with a lot more confidence than we had a year ago when we met in Portland."

Strongly endorsing the industry's "great movement of growing trees" on private timberland which keynoted the meeting, Hood reported the tree farm program has spread to 46 million acres nationally now, and continues to grow. In the Western Pine region, the score stands at 1,350 holdings certified, totaling close to seven million acres.

Hood's market analysis coincided with that of W. E. Griffee, association assistant secretary-manager and close observer of market trends.

"General business conditions and prospects have improved quite a lot since our meetings last March," Griffee said, "though you would never suspect it from a comparison of prices being received in March and now for the No. 2 Common and better grades in any of our pines."

Griffee said construction activity has staged a "surprising upturn" in the past few months, with much of the increase accounted for in apartment and factory-