How Lumber Looks

Lnmber shipments ol 199 mills reporting to the National Lumber Trade Barometer in the 'il'eek ended November 12 were 5.9/a below procluction; ner,v orders were 13.7% below. Unfilled crrders *,ere 31/r' of stocks and eqtrivalent to 17 days' procluction for the reporting softrvood mills. Compared rvith the previous rveek ended November 5, production u,as 2.5%, shrpments trere 5.8/o and new orders I'vere 6.9c/o below. For tl.re year to date, shipments were 0.7/o above orocluction ; nerv orders 0.8% below.

National production of lumber in the first nine months of 1955 totaied an estimated 29,668,000,000 board feet-the highest output recorded in the past 22 years and 9/o above the similar 1954 span, rvith softr,voods up l2/o and hardu.oods down l/.. Shipments and nerv orclers for both exceeded production in the period. During September, production totaled 3,542,000,000 bf, dorvn 3/o from August but 8!6 above September 1954, as compiled by the National I-umber Manufacturers Assn.

West Coast Lumbermen's Association reported ior 169 mills (145 operating) in the rveek ended November 19: prodtrction, 95,908,258 feet; shipments, 88,420,736 teet (7.Sa/o below procluction); orders. 79,130,453 feet (.17.S'y', below production). For the year to date, shipments rvere 0.6cy'; and orders 3.2/o under prodttction. I)roduction is 15.4ft, shipnrents l3/o and orclers 8.3/" above the 1954 period.

The rveekly average of rvest coast lumber production in

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Post-war home building in Southern California has amounted to 800,000 new homes in the past 10 years, Walter W. Keusder, president of the Home Builders Institute, recently reported. He gave the FHA insurance and VA home-loan guarantee programs large credit for the figure. "It is to be hoped there will be no restrictions placed on housing credit because the hunger for new housing is unappeased despite the tremendous output of the past decade," he said. The HBI official added that it may not be as easy to sell houses during the next 10 years but that many more will be sold.

October n'as 178,472,000 board feet, reported Harris E. Smith, secretary, \\'-est Coast Lnmbertnen's Assn. Orders averaged 1.15,863,000 feet and shipments 162,837,000 feet. The industry's r.rntilled order file at the encl of October stoocl at 60U,306.000 bf ; gross stocks at 980,623,000 bf.

Western Pine Association reported for 109 mills in the n'eek ended November l2: prodrrction,7B,99l ,000 feet; shipments. 72,300,000 feet (8.5/o below production) ; orders, 67,481.O00 feet 111.6/r' below procluction). F-or the year tc) date, lrrodtrction u-as 3!>{J7 .166.OOO f eet, ordcrs 3.(r37.3 5 5,00O feet, and shipments 3,4l(l8.190,000 feet.

Southern Pine Association reported for 106 mills in the rveek ended Nor.ember 12: productton, 18,727,000 ieet; shipments, 17,+28.0W ieet (6.94c/o below production) ; orclers, 1(r,1113,00O feet (13.58ft below production). Production \\ras 1.67/r above, and shipments 2.59% arrd orders 9'55% below the three-r'ear average.

Pacific Lumber lnspection Bureau reported Pacific Coast rr':rter'lr<rrne lumber exports totalecl 103,036,257 lrf during Selrterrrber, compared u'ith 104,352,0(rl in August and 122,.i12,359 last vear.The cor.npilation by the I)I-IR in cooperation u'ith the \\rCI-A shou'ed domestic shillmettts irr September of 1(r13,750,f355 bf, compirred rl'ith 189,346'218 in Arrgtrst anrl n'ith 173,576,713 in September 195'1.

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