PAT]L E. IGNT

All West Coast Species and their produets

HOllywood 7-1L27

Third-Gluqrler Western Pine Volumes Trend Upword

PortlandThe following report of third quarter, 1958, procluction ancl shipn'rents of \\''estern Pine Region lumb_e,r products and estirnate of probable fourth quarter, 1958, shipments was released by W. E. Griffee, assistant secretary-manager of the Western Pine Associatit.rn :

A preliminary estimate puts the Western Pine inclustry's lrroduction during the third qtlarter at 2372 million feet, up 1.5/o lrom the same quarter of last year. This is the first time in nearly two years that procluction has exceeded the year-ago figure. Production of 5910 million for the first nine months was down 3.7Vo from 1957.

6404

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Slripments of about 2247 milliotr feet in the third quarter u'ere lust barely above a year ago,0.3/o. The nine months figure of 5940 million feet r'"'as 1.3/c above last year's.

Stocks increasecl 123 million f eet cluring the quarter,