THE CALIFOR}IIA LUMBERMERCHANT

JackDiorne,fubtdtw

Incotaoretcd unds thc lavr of Callfmla

J. C. Dlmlc, Prcc. ud Tnae.; J. E. Martln, Vlcc-Prcg., A- C. Mcrrym, Jr. Sccy. Publbhad thc lrt ud lSth of cacb E6th rt tr&rt-2o Cmtnl Butldlry, lot WBt Slxth Stnrt, Lc Arrclcr, Cel. Tcl4hmc, VArdlkc lsas EntGrGd u Seod-clag ntt r Sl,lptmbGr E, fiA, at thr Porto,lflca rt Lor Angilcr, Callfomle, un&r Act of Meh t, ltlt.

Subrcription Pricc, $2.lXl pcr YGlr Singlc Copicrr 2S ccntt cech. LOS ANGEI ES, CAL., NOVEMBER I5, I93I Advcrtirinj Rrtcr on APPlicrtion

How Lumber Looks

Douglas Fir-The new busines taken by 224 identical millr reporting to the \ffest Coast Lumberments Association for the week ended October 31 showed an increage of 21 per c6lt, or 158001000 board feet, over the total for the prwiour weelg making the largest percentage increase from one week to another during recent months and reversing suddenly the general weekly movement downward in orders. Each market classificetion-the rail trade, domestic cargo and export+ha.red in the gain. Production at these mills decreased 5r10Or(X)O feet during the week from the previous period.

Production, orders and shipments of these 224 mills for thc same week were rqrorted as follows: Production 78r286r7t5 feet; Shipments 8912771372 feetT Orders 9Or523,O@ Leet.

Vhile the major gain in the weekts orders was in the Atlantic Coast market, increases were registeted in rail delivery sales by many of the mills serving the interior of the United States. Dealerst lumber stocls throughout the Central Vest are known to be extremely low and generally bedly broken and some buying fot filling in purposes has been anticipated by the industry. ft is, however, improbable that the increase in orders last weeL means the beginning of a delayed fall buying movement by "ity and country lumber yards. Mill prices have been fairly firm the past sixty days and increased slightly in Sep.tember for thc firct time in 19 months. Production is decreasing steadily and stoc&g are gradudly being loweted. Statistically, the situation of the manufacturer is rteadily improving.

A total of.344 millc reporting to the Vest Coast Lumbemcn" Association for the wcek ended October 31, operated at3O.2 pa ccnt of capacity, as comparcd to 31.91 lrer cent of capacity for the prccoding wee&, and 44.8 pet ccnt for the same week last

The lumbcr market in ell pats of California har rhown no material changec during the past fiftecn days. The volume of business and prices temain about the aame. Lfngold rtocks on the public docks at San Pedro totaled ,'861'000 feet on Novem' ber 11, the lowest figure recorded in yearo. Catgo arrivals at thir pott for the week ended November 7 amounted to 9'692'q)0 feet;including 11 cargoes of Fir carrying 8'967'000 fect and one cargo of Redwood with 7251000 f,eet. 62 lumbet vegrelr in thc California service wete laid up on Novembet 5, with one vecsel, the Missoula, opetating off shore. 6O vesrelr werc laid up the previous week.

Vith lumber mill production continuing on a low level, new business received during the week ended October 31 exceeded the cut by 16 per cent, it is indicated in rqtorts to t{re National Lumber Manufacturerg Association from 806 hatdwood and soft wood mills. Shipments of these mills werc2l per cent above production, which amounted to.1569r2rffiO feet. A wee& eadier 825 millc reported new business 2 pet cent above and ehipmentr 6 per cent above a cut off68l19r000*feet.

The Southern Pine Association for the week ended October 31 rqrorted production from 111 mills aa 24r552r0[{J feeg rhipmcnta 3511541000 feeg and new businesa 3Or47lrO0O feec Orden wete 24 per cent above production and 13 per ceot below rhipments.

Thc \festern Pine Arsociation for the wec& repoftod production in the Inland Empire and California from 119 millr aa 342E4,0N feet, shipmentr ,7J,87rlfiJl0 fcct, and ordccr 351 174,@O fcet.

Reportr fuollrt 264 hardwood millrfor thc remc wcclc givc new burincsr ar 17r15E,fiD fcct. Shipmcnt! 19,496,(nO fcct, end production 1416051000 fecL Ncw bucinc$ was 17 per csrt a,bovc, and rhipmcntr 33 per ccnt above production.