California Building Permits for 1941

Queen Gets Balsam-Wool Cape

--GI3AIIBS--

YOU f,NOW TTIAT GNADING IN ANY PARTICT'I.AR GRADE OF II'MBER CAN VARY AS MUCH AS $I(t.O(l A TTIOUSAIVD FEET.

TTIAT'S WltY OUN GRADES AT TTIE PRICE ARE YOUR BEST BIIY. PROOF? ASK OT'R CUSTOMERSi.

TY. ID. I)UNNTNG

tOS ANGEI.ES

438 Chasrber oI Comaerce Bldg. pBospect 8843

ARCATA REDWOOD GO.

ANCATA, CAI.FONNIA

When Queen Kathleen Nickelson of the St. Paul Winter Carnival recently assembled her wardrobe in preparation for the 1942 events, she was presented with a woolly robe made of Balsam-Wool Insulation. Cut to the regal pattern, about 1" thick the robe weighs less than heavy wool. And Queen Kathleen says it is the warmest thing she has had on. It should come in handy during the below zero days of the Carnival.

All-Time Lumber Cargo Record Set for San Diego

Establishing an all-time record, a total of 129,365,196 feet of lumber was brought to San Diego via the sea lanes in 1941. Lumber receipts here for 1940 amounted to 120,026,214 ieet, the harbor department reported.

The 1941 lumber cargoes were transported to San Diego from Pacific northwest ports by 117 steamers.

The year's record of lumber shipments with the amount discharged each month and the number of steamers calling here was as follows:

January, 10,863,000 feet, 12 steamers; February, 10,653,000, 10 steamers; March, 16,060,000, 16 steamers; April, 15,445,000, 13 steamers; May, 14,123,0W,11 steamers; June, 9,454,0m, 10 steamers; July 9,814,686, 9 steamers; August, 6,831,495, 6 steamers; September, 12,658,@0, 11 steamers; October, 7,674,ffi0, 7 steamers; November, 7,255,000, 8 steamers; December, 4,533,000. 4 steamers.

Coos Bay Lumber Co. Har Goo d Y ear

Coos Bay Lumber Company reported for 1941 preliminary net profit of $675,363, equal to $10.9 a share on tl-re outstanding capital stock, compared rvith $166,415, or $2.62 a share in 1940.

Year end balance sheet shows a substantial reduction in the company's floating debt, which at December 3t, 7941, stood at $L00,477 as against $803,727 at the end of 1940.

During 1941 the company paid off a total of 9750,000 in bank loans, reducing bank indebtedness from $1,00O.000 at the end of.1940 to $250,000 on December 31, 1941.

Mcrnulccturers Quclity Redwood Lumber (Bqnd-Scrrn)

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