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THE CALIFOR}.IIA
How Lumber Looks
. Fr_om_tte writing of thir, until the firrt of January, 1925, ttre lumber mer_ket, wholesale and retail, ir liable to be qye-t. One could hardly expect otherwiri, with the after- Christ'gf Eealon, and the inventory.
The big prgblem in every one'r riind today is, how wilt it be after the firet?
If you can correstly answer thet query, in advance, tlol vo., can buy or- hold off, accoriini'to your pre- diction, and make some money. It ia jurt about frfty-fifty, on tfie guerses that are beinc made. iome think that tlii wholeeale market in California will iemain weak for rome time to comer_ that_ the dealers will not buy until Sprins. Ot.l" argue $at there is no poesibility of Jlower -"rkel, and that the lirtr will have to advance at once.
There is more lumber on the dockr at San pedro than there was two weeks ago, and it looks as though December was going to be a banner month, in receipts, for that port.
Sacramento To Have Large Building Program In 1925
^lt lpeat ing of building conditions in Sacramento for 1925, L. H. Chapman, of the Sacramento Lumber Co. and President of the Sacramento Valley Lumbermen,s Club. say-s that the Sacramento lumber deaiers are very optimistic aqd present indications are that building ac[iviiies will be very large there. He states that their t"uitaing program tor next;rear already includes the Civic Auditorium, Junior College B{lding, Flks Building, Produce Exchange Market, Southern Pacific Railroad Stition, Electric Building, and Telephone Pujlajlg which rvilt aggregate approxi-"t*ely a valuation of 98,000,000. All tht;bove buildings rvill-be new structures.
California Door Company Plans New Warehouse
The California Door Company will erect a large warehouse at their plant at Diambnd Springs. The ne"w warehouse will adjoin their nerv electricalli operated box factory and will be used to store the finished-mill and lunrlrer products.
sAN JOAQUTN LUMBER CO. CELEBRATE BIRTHDAY
With the termination of fourteen years in business on November 14, the San Joaquin Lumber Co. of Stockton celebrated the occasion with an enioyable Birthdav partv. Bob Inglis, the well known Stockton lumbermari, is the manager of this large lumber concern.
To tbe night of the 27th, one hrurdred and eleven boats had reported, carrying over 149'OOO,OO0 feet.
The building permitr in Los Angelee, to the 27th, were $1O,822,OO0. \
The last weekly report of the Weet Coart Lrunbennen's Association, showr a weektr cut of 79 million feet againrt salec of 89 million. They rhipped 72 million. Thir sho*r their neru businecs ar being l3/s over production, and lWo below new orderr.
San Francisco Makes Building Record In 1924
The building permits issued in the city of San Francisco in 1924 up to the night of December 23 aggregate,in estimated value $57,733,942.ffi which is the highest in the history of the city. The nearest approach to it was in 1907 when the building permits totalled $56,578,844.00. At the date of the figures quoted above building permits were $1,155,998.00 in excess of the previous high record of.lX)7, and with one full week of the year still to run the total building permits for L924 will'aggregate approximately $58,000,000.00.
PRODUCTION OF LUMBER, LATH, AND SHINGLES IN 1923
The Department of Commerce announces that according to the data collected bv the Bureau bf the Census in cooperation with the Forest Service, Department of Agriculture, the production of lumber, lath, and shingles in the United States during 1923 rvas as follows: Lumber, 37,165,540 thousand feet B. 1\{., an increase of. I7.7 per cent as compared with 1922; lath, 3,328,013 thousands, an increase of 13.2 per cent ; shingles, 7,506,869 thousands, a decrease ol 7.7 oer cent.
The lumbei cut for 1923 in the West Coast States was the largest ever reported, and the total output for the United States was the largest since 1916.
The two predominating woods were southern yellow pine, which contributed 34.8 per cent of the total production reported for the year, and Douglas fir, which contributed 22.1 per cent, their nearest competitor being western yellow pine, with 7.5 per cent. \d/ith the exception of cypress, the cut of which decreased 5.7 per cent, all the principal species showed increases for 1923 as compared with the preceding year.
Stocks of lumber on hand at the mills January l, 1923, were reported as 9,749,769 thousand feet, and December 31, L923, at 10,548,087 thousand feet.