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R edlcood For Every Purpose
Sowmill-P.O. Box 178
1954. It seems unlikely that the same favorable lead over last fall's booming rate of housing starts can be continued until the end of the year.
The current rate of new housing starts, about 1,300,000 units per year, is an average of 36 new homes per thousand non-farm families. During 1950, the post-war housing peak, the average was 42 starts per thousand families.
Non-residential construction work this fallis expected to stay ahead of last year. So is the volume of lumber required by the growing industrial production, which is almost certain to hit a new high.
Freight car shortages currently were delaying some shipments. Most car shortages in the past have eased by the end of October so the net effect of the present shortage upon fourth quarter shipments should not be important.
Based upon current lumber demand, the predicted trend in residential construction and all other available information as to prospective demand, it would seem probable that, during the fourth quarter of 1955, shipments (consumption) of lumber from the Western Pine region will approximate 2075 million feet.
Lumber Mill & Supply Storts Plqnt
Roseville, Calif.-G. C. "Ted" Hoyt, general manager of Lumber Mill & Supply Co., reports that the foundation for plant No. 2, which will be located at Rocklin, Calif., was started last month. Hoyt says better service will now be rendered to the trade and the plant will have every modern convenience. All standard W. P. A. patterns will be available at Rocklin.