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THE CALIFOR}IIA LUMBERMERCHANT
JackDiorne,prblLshr-
W. T. BI.ACK
Advertising Mcnager lacorporcted uader the lcss ol Ccliloraiq l. C. Dioue, Prcs. snd Trec,; I. E, Mcrfiu, Vice-Prer.; W, T. Blccl, Sccrcicry Publiehed the lst qnd lSth ol each month al 508-9-f0 Centrol Building, 108 West Sixth Street, Los Aageles, Cclil., Telephone VAndike t1565 Eatcrcd e Secod-clcrs Eotter Sept.nber E, 19X2, qt thc Pott OlEco ot Los Aagelcr, Cclilonia, und.r Act ol March 3, 1879
Subscription Price, $2.00 per Yecr Single Copies,25 centa each LOS
How lrumber Lrooks
The market on Douglas fir commons weakened during the past tu'o weeks, but prices on the upper grades are firm. The Western pine and redwood markets are firm. There is not much improvement on the car shortage situation and inventories at the mills in the north continue large.
Lumber shipments of 437 mills reporting to the National Lumber Trade Barometer were 2.1 per cent below production for the week ending September 23, 1950. In the same week new orders of these mills were 15.7 per cent belorv production. Unfilled orders of the reporting mills amounted to 52 per cent of stocks. For reporting softwood mills, unfilled orders were equivalent to 26 days' production at the current rate, and gross stocks were equivalent to 49 days' production.
For tl-re year-to-date, shipments of reporting identical mills 'rvere 7.0 per cent above produ.ction ; orders were 9.9 per cent al>ove production.
Compared to the average corresponding week of 193519139, production of reporting mills was 66.1 per cent above; shipn.rents rvere 67.5 per cent above ; orders were 37.7 per cent alrove. Compared to the corresponding u'eek in 19'49, production of reporting mills was 13.4 per cent above; shipments were 10.2 per cent above; and new orders were 16.1 per cent below.
The Western Pine Association for tember 30, 101 mills reporting, gave feet, shipments 83,945,000 feet, and the rveek ended Seporders as 82,545,000 production 85,530,000 feet. Orders on hand at 858,000 feet. the end of the week totaled,219 -
The Southern Pine Association for the week ended September 30, 8l units (111 mills) reporting, gave orders as 20,059,000 feet, shipments 20,574,000 feet, and production 19,056,000 feet. Orders on hand at the end of the week totaled 59.543.000 feet.
The California Redwood Association for the month of August, 1950,17 companies reporting, gave orders received 56,060,000 feet, shipments 55,812,000 feet, and production 57,594,000. Orders on hand at the end of the month totaled 69.630.000 feet.
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