Harhor lumher Compntry, Ine.

Wholenh Flr-Pinn-Itedwood

Jlanufactur"rt of Speeified Crrt Stoek

Wesfern Pine Shipments Expected To Increose in Fourth Quqrter

Portland-A report of the third quarter, 1954, production and shipments of Western Pine Region lumber products and estimate of probable fourth quarter shipments was released by W. E' Grifiee, assistant secietary-manager of the Western Pine Association. The

RMI & IRUSE TUilBEN G(l.

WHOIESAIE -.IOBBING

Speclolizlng in NH

Drieii Tutber

Ponderoso ond Sugor Pine

Clecrr Fir ond Redwood report covered Idaho White Pine and associated woods. Pine, Ponderosa Pine, Sugar

"The mounting volume of housing construction, cottpled with a strike-caused curtailment of output in thc West Coast fir region, increased the third quarter demand for lumber from the Western Pine region. In s;pite of the fact that up to l5/o of our region's procluctive capacity was down during July and much of August, the region produced 2241 million feet, only 2.6/o less than during the third quarter of 1953. Shipments of 2257 million feet were 8.7/o ahead of last year.

The Western Pines-Idaho White, Ponderosa and Sugar -accounted for approximately 607o of both production and shipments, with the Associated Species making up the balance," said the statement'

9t2

TEIEPHONE TYIISSION 7 -257 6

HALF fUULLION FOOTAGE of Those Old Colonial HARDWOODS: BIRCH.BEECH-CHERRY

. OENUINE MAHOGANY ftIAPLE.OAK.WALNUT

They lnst forevef . even becutify with oge BESIDES, we ore SPECIALISTS in SUGAR PINE UPPERS one to four inch lhickness -

"Lumber stocks in the region were reduced slightly during the third quarter. This is the first time in many years that shipments have exceeded production in that period' Stocks of about 1680 million feet are 101 million feet lower than a year ago and are better balanced because nearly all mills have disposed of any excess of low grade boards and dimension.

"Industrial consumption of lumber is lagging, except by those industries whose products go into construction. The rlemand for box shook has been running at least 20Vo behind last year. However, these bearish factors are more than offset by the fact that housing starts have exceeded last year's by 15 to 2O/o for every month since Mav' Furthermore, retailers who let their stocks decrease during the strike may be expected to increase them somewhat to take care of their current volume of business.

"Based upon such factors and all other available information as to prospective demand, it would seem probable that during the fourth quarter of 1954, shipments (consumption) of lumber from the Western Pine region will approximate 1900 million feet, or about 8/o more than