EFFIGIENT DISTRIBUTION WEST GCDAST LUMBER

VIA RAII OR INUCK -& TRAII^ER SHIPMENIS

old-Growth Bond-sown REDWooD from Boiock Lumber co., Monchester old-Growth DouGtAS FIR from Spocek Bros. Lumber co., Monchester

Precision-lrimmed STUDSDouglos Fir . White Fir . Redwood

REDWOOD AIR-DRIED And KILN-DRIED

REDWOOD POSTS qnd FENCING

OFRED C. HOTMES LUMBER COMPANY O

Specializing in Mixed Shipmenfs ol Dovglas Fir & Redwood

Ukiah Office: Gil Sissons HOmesteod

2-543a

TWXI UK 57

Production & Home Offce: Fred HOLMES/Gor| FORCE P.O. Box 987 Fort Brogg, Cclif. fWX: Fort Brogg 49 Phone: YOrktown 4-4058

WholesoleOnly

Buifding Costs Rise 2o/o in 6 Monfhs

Construction costs in the United States (excluding Alaska arrd Hawaii) rose 2/o between March and Septe*mber of this ve year, according to Myron L. Matthews, man of the Dow Buildins Cost Calculator. an F. tnls year, to L. lVlatthews, manager_editor Building_ Calculator, F. W. Dodge Corporation service. The increase is an Averese fiorrre hr"i.l Lorporatlon 'I'he an average figure based on building materials prices and hourly wage daia received ut uurrurrrg pnces ano noufly recerved from I44 metropolitan areas with other elements of cost such.as design, taxes, insurance, money and competitive conditions.

Commenting on the construction cost rises, Mr. Matthews stated: "Costs for erecting buildings now average about 2.57 times what_ they did in-1941. Gerierally, it take;92.52 to buy and assemble as many sticks and bricks and as much concrete and steel as $1.00 did 18 years ago. This means that the 1941 building dollar has shrunk an- ave.age of 3.4 cents in purchasing power annually until now 6l of the

Arcata Ofice: Fran Holmes

VAndyke 2-3657

TWX: ARC 39

original 100 cents have faded away."

Each dollar invested in a building in 1941, Mr. Matthews po.ints out, ,has g-rown to a value ol $2.57, minus depreci- ation of at least 20/o. This leaves $2.06, a gain of $1.06 on each dollar, or a little less than an annual average ol 6Vo. The resale price of an l8-year-old building can -be either more or less than the remainder value of the sticks and bricks.

Of the two major components of construction measured (materials and labor at the site of construction), labor has again exhibited the greater strength. In the 6 months ending October 1, building material prices to builders in contractors _quantities did not change in 72 of the 144 reporting areas. Slight decreases were reported in 22 areas and in 50 areas prices rose modestly. By contrast, labor costs rose in 129 areas, decreased slightly in 5 weakly organized areas ancl remained unchanged in 10 others.

IUMBER, INDUSTRY APPROVES EXPANDED PROMOT|oN PROGRATI

Nine federated associations of the National Lumber Manufacturers Association, providing 8a/o of. the revenues for the National Wood Promotion Program, have already approved expansion of the program budg:et for 1961 by 60/o, efrective June 1, 1961, announces Eliot H. Jenkins. vice-chairman of the National Wood Promotion committee.

The expanded program was endorsed by the National Wood Promotion committee in May at San Francisco, subject to approval by federated associations subscribing 807o of the revenues.

The current prog'rarn has been based upon dues of 10c per thousand board feet of production by participating mills. The new rate \l/ill be 16c per thousand board feet with commensurate increases for associations contributing on a flat-fee basis.

"Tho enthuslastlc endorsement of the proposed program and the budget to mahe lt posslblo ls new evldence of the lurnber lndusfir's iletermlnatilon to rogaln trodltlonal markets and develop new markets," Mr. ,fenkins sald. "The deferment of the effectlve date to June 1, based on Aprll shlpments, rather than December 1, based on October shlpments, reflects current business condltlons but demonstratos conftdence ln an upewlng in the spring."

Since the National Wood Promotion Prog:ram beg'an in 1958 the total annual budget has been approximately 91,300,000. The new rate on a full-year basis will bring available funds to approximately $2,000,000.

The projected program for 1961 is weighed heavily towards expansion of the technical operations, envisioning a doubling of fleld offices from 7L to 22 and the strengthening of technical data in-