San Joaquin Vall.y

Hoo-Hoo Frolix

A healthl corrnt of l-10 northern California tats attended the San Joaquin Vallev Huo-Hoo (.lub's l5th Anrrrral \ aller- Frolit: al thr Hacienda \lot.el jn Fresrro on September 2U. Fiud Barber chairmanned the succt'ssful alTair and noted that thi-. vear's strerrgthened aIlendirnle pointt,d torrard an even bigger "l'rolir'" t'ome next Fall.

Preceding the big elening dinner and entertainment program, the San Joaquin clut, ran both a borvlins and eolf tournament. \rhich rlr,,s som,. 20 aLley arldicfs. was won by [ientral Lumber's Jim Ross. Second place $'ent to Ken Bowlin o{ (ieorgia-Pacific.. and third plar.e was won l,v Kcn ltiggs of Tartcr" Webster & Johnson. Highest individual game \r'ils scored by IJcrlr Hathau'ay 1220 ).

In the golf toLrrnament it rra-s Visalia Ltrmber's Itay Nolrle uho added another trolrhr. to his {a,"t growing r.ollect,ion with a 79 low €{ross scol'(, r'ard. Lorv net and u'inncr o[ the Adams 'I'rop]n' was Bob Reid rrlr. tied uirh Lirrrl Ois"ir. btrt used hi: two-head coin to cinch the trophr-.

I'hc Art \lathews PerpetLral Trophy r.as won by Bob Pettit who also rvon the clo,.est t,o the pin" i.-l[3". Longr.st drivt' (25i3 yard-") was \r'on Lrv Crant Potter o{ Sequoia l-orest Industrie-".

MENNO

The oppointmenl of Menno E. Seethofi os field Representolive for Colifornio is onnounced by G, Clevelond Edgelf, Execulive Vice-President of the Wesf Coost Lumbermen's Associotion. Edgett, in moking the onnouncemenl, soid thot this is the ffrst permonent represenlctive of lhe Associotion to be locoted in lhe sfote. Seethoft, 49, with l8 yecrs' experience in the lumber indusfry will provide ossociofion focililies for lhe entire Northern Colifornia Douglos Fir producing o16. Seethoft, who spent the lost 14 yeors wif h A. F. Lowes Lumber Compony, Molollo, Oregon, os soles monoger, is morried snd hos fhree children.

The new WCIA office is shoring spoce ot Il40 Fifth Slreet, Eureko, Colifornio, with f he Wesl Coost Lumber Inspeclion Bureou which is heoded by Eorl Henry.

I14I Huntington Drive-South Pasadena, Calif.

Representing: Bislig Bay Lurnl)er Co.-Manila, Philippine Islands

Iasc Conference

(Continued lrom I'age. 6) is a big" t entral ''lrattering ram" t'fTort to srrt'cessfullv put over tht-'r'ause of rvood.

We have statcd that this is a project primarily for the n'tailt'rs' lrenefit. Olrviouslr'. horvever. that which benefits the retailer is going to l,cnefit the manufacturer, the distributor. t'tc.. all dorvn tht'line. (Naturalll'" rve hope that some of the "grt'en gootls" henefits u'ill eventualh' trir:kle down to The (.alifornia Lumirer \'Ierchant. hmmm? )

The above , elated programs rr-ill fill Thursdav and Fridar. scssions of the (,on- ferencc. Saturdav morning there will lre an informal ''iclea trading" session. l'lntertainment is lreing planned by King \lcliee and nill include a lrridav eveninq

Salurday morning rvill also feature the Annual Colf Totrrnament. Ilermuda I)unes. 8:.J0 tr.m. t{i:j30 a.m.? We ju-st lost our clubs). Staged lrv genial "pro" Ken Dietel o{ Pomona. this should drarv a good crorvd. Kcn uon the 196l 'Irophv and wc have heard that ht' is t'orrfident of winning it again this Novemlrer he's going to get some sti{T <ompetition lrom a felv o[ the u'holesalers uho will be urt'sent. V-ant to pla.e you r l,ets ?

"On the town" dinnt'r and dancing, place not yet announr:ed. Also in the cards is a bridge afternoon (ouch) for the ladies.

Sounds like a fine Conference, doesn't it? It will lre. Better make vour reservations nou Ior atiendance.

Plons Complete Remodernizolion

Lumlrer Dealers Materials Co. of Sacramento is adding a 50' x 100' addition to the rear of its cxisting warehouse. the first move in a complcte remodernization of its; entire plant. according to manager H. J. "Elmer" Haugt,

Construciion to Set New Record in 1963

Construction, the country's largest fabricating industry, will set a new record in 1963 according to F. W. Dodge Corporation's construction news and marketing specralists.

The Dodge Construction Outlook for 1963 forecasts that total construction contracts in 1963 will amount to $43.4 billion, an increase of 5 percent over the estimated $41.3 billion for this year.

Dr. Gordon W. McKinley, vice president and chief economist of F. W. Dodge Corporation, said that he expects the U. S. economy to level ofr in the first quarter oI 1963, but to rise rapidly thereafter with national output totaling about $580 billion for the full year and exceeding $590 billion in the fourth quarter.

His optimisrn is based in part on an etcpected cut in taxes:

'oMost encouraging of all for the business outlook is the mounting realization that a priircipal cause of our slower growth, more frequent recessions, and less vigorous recoveries is the restrictive efiect of the U. S. personal and corporate tax structure. There is good hope that Congress will act early in 1963 to cut taxes across the board and then move toward a thorough revision of the tax structure."

The Dodge Outlook states that the standout category in the construction picture will be engineering construction, made up of public works and utilities. Public works will be spurred by the recent unfreeiing oI $I.9 billion in Federal-aid highway funds, the Emergency Public lVorks Act, and the huge omnibus public works bill enacted in the closing days of the 1962 Congress session. "Public works contracts are likely to rise late in 1962 and move ahead very rapidly next year. The total for'1963 wlll probably reach $9.3 billion, an incriase of l8 percent above 1962."

Utilities are expected to rise by 14 percent. The forecast notes that o'capital appropriation backlogs o{ gas and electric utilities are at an all-time high . Major work on the giant Colonial Pipeline will also get underway next year Reflecting the substantial increases in both public works and utilities, engineering construction contracts will probably climb to $11.9 billion in 1963, a thumping 17 percent gain over 1962."

Dodge anticipates a 5 percent rise in nonresidential building to a $13.7 billion total in 1963. Various building types within this category are expected to perform in quite diverse fashion, but an increase is predicted for all types except manufacturing. The forecast states that o'the decline in manufacturing contract awards will probably continue into the first quarter of 1963. Thereafter, however, this type of building should respond well both to the resurgence in general economic activity and to the expected reduction in corporate income tax rates. Although manufacturing contracts for 1963 are expected to fall about 4.5 percent below 1962, the trend during the last half of 1963 will be strongly upward."

Although Dodge predicts a small drop in residential building contracts in 1963, it denies that there has been overbuilding in this area. It points out that national vacancy rates have not risen at all during the past year and a half. The outlook statement predicts that one. and two-family house building in 1963 may equal the 1962 figure, with the decline in the overall residential figure being confined to the apartment category. Total farm and nonfarm housing starts are forecast at 1520,000 in 1963, .compared to an estimated 1,455,000 in 1962.

Summarizing the outlook, McKinley said that "the outlook for construction in 1963 is thus a good one. In the opening months of the year, because of the hesitancy in the economy as a whole, we rnust expect some weakness in a number of types of private construction. Public construction wil! be exceptionally strong, however, and this is one factor which makes a real downturn in general business activity unlikely. As the total economy begins to advance again in the second quarter of next year, corrctruction will once again move to the fore, and all building types will join in the general advance."