Ghas. R. McGorrnlek Lunber Go.

SALES OFFICES: San Francisco,Ins Angeles,San Diego, Portland, Seanh, Nen, York, Philadelphia. MILIS: St. Helens, Oregon; Pot Ladloy and Port Gamble, Washington TREATING PLANT: St. Helens, Oregon.

Cargo Shipments From Washington Make New Record

Lumber shipments from fuashington Ports in L926 established a new record. Total lumber shipments for the year from Grays Harbor, Puget Sound, and Willapa Harl bor were 3,397,1/,f.,W feet as compared with 3,055,697,m feet in 1925;2,759,592,W feet in 1924;2,2ffi,246,ffiin1923:.

2,179,167,W ln 1922; l)ll,7lZ,ffi in 1921, and 1,016,814,000 in 1920.

The most striking feature of the increase in lumber shipments was in those going through the Panama Canal. For the year 1926, this total reached, 1,312,944,000 as compared to 1,133,353,000 in 1925. Intercoastal lumber shipments in 1926 th'rough the Canal were 39 times greater than in 1920 when the Facific Northwest mills started shipments to the 'Atlantic Coast on a large scale.

WATSONVILLE 1926 BUILDING $867,085

Building permits in Watsonville for L926 totaled' $867,0q5: Of this sum, $507,000 was for new business and industrial buildings, $315,000 for new dwellings and the remainder for alterations and repairs.

SACRAMENTO BUILDS I,067 HOMES IN 1926

Ten hundred and sixty-seven new homes were added to Sacramento in 1926.

These nerv homes cost nearly $4,000,000 of the total of $7,732,573 in building costs for the year. The bulk of them -965, to be exact-were of the five-room, one-story type' costing a total of. $3,217,344. There were also sixteen twofamily, one-story buildings; sixty-nine two-story buildings for single families, and a number of flats and apartments for several families.

The largest single permit of the year was for $800,000, covering the new American Can Company's plant.

1926 SALES AND SHIPMENTS GREATER THAN 19?5

Washington, January 6-Measured by sales and ship. ments of lumber reoorted todav'to the National Lumber Manufacturers' Ass6ciation from approximately 500 of the leading lumber mills of the country, 1926 was among the big years of the industry-possibly the largest since prewar days. The comparable softwood mills sold 12,223,764,661 feet of lumber, and shipped. 12,355,202,635 feet, both orders and shipments being slightly higher than iir 1925. On the other hand, production comparably reported to be 12,248,324,0n feet, was almost 200.000,000 feet less than in 1925, but was actually about the same.

The total production reported by an average of about 125 hardwood mills is 1,5Q7,127,105 feet, slightly exceeded by both shipments and orders. Figures for comparison with preceding years are not available.

As these hardwood and softwood operations rePresent country, it is inferred that the total lumber output of the country, it is inferred that the total lumber output of the United States tor 1926 was in the neighborhood of 36,000,000,000 to 37,000,000,000 feet.

Facts Of Interest

America, despite all indications otherwise, is'a nation of savers. This is shown by the report of the American Bankers Association for the fiscal year ended June 30, 1926.

During the year there was a gain of $1,500,000,000 in savings deposits and one of 3,000,000 in the number of savings depositors in all classes of banks in the country.

There were 46,762,240 savings depositors and &24,696,192,ffi in savings deposits. This was nearly $530 for each depositor and a per capita saving for the nation of $211, I new high record.