How Lrumber Lrooks

I-trmber shipments of 499 mills reporting to the National l-umber Trade Barometer were 8.7 per cent below production for the week ended September 22, 195I. In the same week new orders of these mills were 4.6 per cent below production. Unfilled orders of the reporting mills amounted lo 44 per cent of stocks., For the reporting softwood mills, unfilled orders were equivalent to 25 days' production at ;he current rate, and gross stocks were equivalent to 53 days' production.

For the year-to-date, shipments of reporting identical nrills u'ere 0.2 per cent above production; orders were 1.9 per cent below production.

Compared to the average corresponding rveek of 19351939, production of reporting mills was 58.4 per cent abovc; shipments were 49.0 per cent above; orders were 48.6 per cent above. Compared to the corresponding rveek in 19.50, procluction of reporting mills was I4.7 per cent belor,r' ; shipnrents u'ere 21.9 per cent below;and nerv orders were 6.0 per cent belorv.

t<*1.

Thc: Western Pine Association for the rveek cnde<l Scptcrrrlrer 22, 106 mills reporting, gave orders as 75,646,000 fcct. shipments 66,804,00O feet, ar.rd production 29,013,000 fcct. Orclers on hand at the end of the week totaled. 2L6.278.000 feet. {<**

August, 1951, 16 companies reporting, gave orders received as 42,505,000 feet, shipments 45/9\W feet, and production 58,839,000 feet. Orders on hand at the end of the month totaled 45,539,00O feet.

,8*:F

'l-he Southern Pine Association for the week ended Septenrber 22,96 units (121 mills) reporting, gave orders as 19,752,0W feet, shipments 19,793,000 feet, and production

(Continued on Page 44)

Coronqdo Conlerence

Vcrgcbond Editoricrls oI Retcril Lumbermen

The Tcrx Burden oI the Retcril Lumber Industry oI Southern Calilornic, by Everett C. Pcrrker.

My Fcrvorite Siory

Freedom Is Not Free, by H. Pcrrk Arnold Fun, Fcrcts, Filosophy

Twenty-Iive Yecrrs Ago

Leo Hubbard Explcdni Chcnges in New Lien Lcrw Pcrul

Bears This Tuiark

Redwood, with all of its inherent qualities, is recognized as one of nature's finest woods. By the same token, redwood logs are known to contain the rnost of the best texture and grain required for fine quality construction, But, the final quality and grade of redwood is determined in the mill by the manner in which logs are converted into finished lumber. Herein lies the secret of Palco Redwood's excelling quality-os the finest redwood that's prduced.It's the best of the best.

For tlw completc story on Palco Redwood, write today for fully illustratd booklet, "From out of the Ftedwoods"