INTAND TUMBTR COMPANY

CALL US FOR LUMBER PRODUCTS AND NAME.BRAND BUILDING MATERIALS

Main Off,ce: COLTON - TRinity 7-200L

New Location for LOS ANGELES Seroice: 195 S. Beverly Dr. (Suite 416), Beverly Hills BRadshaw 2-7371 quantities of softwood plywood. It was anticipated that the momentum of this program would be accelerated in 1959, particularly in view of the concentrated promotional activity of the lumber, plywood, and wood products industries.

HARDWOOD PLYWOOD INDUSTRY Summary

Shipments of the domestic hardwood plywood industry in 1958 would amount to about 760 million square feet, surface measure, compared with 793 million in 1957, 89I million in 1956, and 934 million in 1955. This downward trend expected to continue through 1959, due primarily to greatll increasing imports which exceed domestic pro- cluctron'

Trends in 1958

(This report covers those establishments primarily engaged in manufacturing hardwood plywood for sale from veneer produced in the same establishment or from purchased veneer.)

The market hardwood plywood industry, comprised of approximately 150 plants, is located in 26 states, most of which are east of the Mississippi River. About 17 softwood plywood plants, centered in Washington and Oregon, also produce some market hardwood plywood.

The market hardwood plywood industry's shipments in 1958 were estimated 760 million square feet, surface measure, compared with 793 million in i957,891 million in 1956, and,934 million in 1955-a dec.rease in shipments since 1955 ol 18.6/o, l5.l%, and 4.6/o, respectively. This decline in domestic shipments occurred despite the increase in domestic consumption, which amounted to an estimated 1,602 million square feet, surface measure, in 1958 compared with 1,627 million in 7957,1,587 million in 1956, and 1,553 million in 1955.

Hardwood plywood imports have climbed steadily during this period, from 619 million square feet, surface measure, in 1955 to 696 million in 1956,834 million in 1957, ancl an estimated 842 million in 1958. Imoorts were in excess of domestic shipments in both 1957 aid 1958 by 5.2/o a.ncl 70'8%' respectively

The 1959 outlook

Strong trade promotion and specialized servicing programs, activities which the domestic industry may not be able to finance adequately at this time, appear to be the only solutions to the current adverse problems, within the power of the industry to inaugurate.

Despite the encouragement offered by the predicted increase in housing starts; the return to the use of plywood in the manufacture of hi-fi, TV, and radio cabinets; the bright outlook for wood household furniture ; the increasing trend toward wood kitchen cabinets; the expansion in the wood boat industry; and the anticipated growth predicted for house trailers (all substantial users of hardwood plywood) -the downward trend of domestic market hardwood plywood shipments was expected to continue through 1959.

SX7 TXQUISITI ATRICAN V/OODS 'A (2 D. bea*tf io a )tnong r oLnt...

OSTLING DOORS mean FINE wood6a5fslfully constructed into creative and functional designs for graceful, modern livingstrong sellers and good profit makers.