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THE CALIFOR}-IIA LUMBERMERCHANT JackDionne,fubl*lw
W. T. BLACK Advertisiug Mancaer
Howl.rumber Lrooks
The lumber market has not shown much change during the last two weeks, it is still confused and there is a wide variation between low and high prices, which are showing no signs of leveling off yet. Dealers are showing some resistance to the high prices. Most of the purchases at the peak prices are said to be going to builders who have structures urrder way and they want to get the jobs completed.
The larger manufacturers have been more conservative and still holding to moderate increases over the old ceiling prices for their stock but they are not selling or shipping much. The mills that are shipping considerable lumber are getting high prices.
The range in Douglas fir prices between low and high is about as follows: Dimension, No. 3 common and better, $15; boards, $15; No. 4 dimension anad boards, $18. For bundled uppers there is a spread of $35 between low and high, with fantastic offers being made by' some buyers to the mills. Lath is strong at $18 mill.
Red cedar shingle mill prices are reported firm at $13 for No. I : $10.50 fcr No. 2, and $5 for No. 3 and No. 4. California pine prices show a spread of $15 to $30 on some items. The mills are getting high offers for pine shop from buyers. Shop is averaging about $10 over the old ceiling price, and Selects about $30 over.
With production under normal Redwood prices are very firm. The range between low and high at the larger mills runs from $2 to $5 average on all grades for spot delivery, and most firms refuse to quote for delivery more than 3O days ahead. The variation in prices at the small Red-
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wood mills is reported to run anywhere from $10 to $15 over the old ceiling prices.
Lumber shipments of 398 mills reporting to the National Lumber Trade Barometer were 16.7 percent above production for the week ending December 28, 1946' The same week .new orders cf those mills were 1.7 percent above production. Unfilled order files of the reporting mills, amounted to 61 percent of stocks. For reporting softwoods mills, unfilled orders are equivalent to 23 daysz production at the current rate and gross stocks are equivalent to 37 d,a.ys' production.
The Western Pine Association for the week ended December 28, 84 mills reporting, gave orders as 35,106,000 feet, shipments 33,290,@0 feet, and production 23,485,000 feet. Orders on hand at the end of the week totaled 158,330,000 feet.
The West Coast Lumbermen's Association for the week ended December 28, t39 mills reporting, gave orders as 48,418,000 feet, shipments 50,658,000 feet, and production 36,044,000 feet. Unfilled orders at the end of the week totaled 432,219,N0 feet.
