"Hh?""115' THE CALIFOR]-IIA 'irlffil:'fi" ..'*r,k'r., How Lumber Looks

The wholesale market condition har not made any rtartling changes in the past two weeks, any cha'nger that would cause one to think that a breaking point had been reached.

Sales are probably just about on a par with the middle of April, some ordera have been reported at prices $1.00 to $2.OO over the prevailing list at that time, and it seems that uppen have strengthened somewhat, as have shingles. The outlook for the shingle market grows better and better, and by fall the California market on thia commodity should be in a much hedthier condition than it has been for tte past three yearr.

In another part of this issue is a report 'aLen from the .dmerican Contractor, showing figures on the building totals for 1923 and 1924 and giving advance figrrres for the 6rst qnarter ol 1925, indicating that this year would run behind 1924, in city building.

Thie prediction is weakened somewhat by the totalr being reported in Southern California, where predictionr are being made that this year will run considerably beyond 1924. In Loe Angeler the total for April will be right cloce to $15rOOO,0OO. To the pight of the 29th it was crowding thirteen and one half, with one day to go. Thir compares favorably with March, usually the big month of the year.

Shipmentr in Southern California will be heavy for April mittee on Lumber Standards" held at Chicago on February 25 and 26.

Up to the 29th a little over 125,(X)O,OOO fect had been reported in at San Pedro. The dockt are in rhape to receive thio rtock, and the totalr are right in line with the permiti. The total for March was 129,OO0,000-460'000,000 feet have been reported, for the year, compared to S60'0001000 during the rame period in 1924.

San Francisco headquarters report a rtrong marhet in Frr' particularly on No. 3 stock, with other iternr holding their own. The demand around the Bay Diruict is faiily activq with priceo unchanged, and with firm mill quotatione. The Redwood market ir fair, with the mi[r holdins to their curtailment program.

The California Pine market har shown rome improvement in the last two weekr, with the millr ritting tight Some of the larger millr were delayed in opening thir year, causing some curtailment. A report from tbe Northwest ventures that the Pacific Coart lumber market har reached a turning point, and placee a large amount of the recponeibility with the milb. "If t{re milb all drop to a 6veday week and stay ttere, prices will etrengtrhen and the demand will improve gradudly. If they don't, to whatever degree they don't, tbey will rufrer."

Standing-Left to Right:

Edward P. Ivory, Manager Trade Extension Department, California White and Sugar Pine Manufacturers Association, San Francisco.

C. Stowell Smith, Secretary-Manager, California White and Sugar Pine Manufacturers Association, San Francisco.

Harry B. Hewes, President Clover Valley Lumber Co., Jeanerette, Louisiana.

Seated-Left to Right:

George lIouston, Sales Manager, Long-Bell Lumber Co., Kansas City, Mo.

John Spalding, Manager Western Sales, Pickering Lumber Co., Kansas City, Mo. t

Walter Robison, Vice-Presidedt Pickering Lumber Co., Kansas City, Mo.

Manufacturers

W. T. Virgin, Vice-President, Clover Valley Lumber Co., San Francisco, was also ,a member of the California delegation.