Mississippi River Floods Almost Prostrates Hardwood Production and Creates Huge Future Demand for

The greatest tragedy that ever came to the hardwood industry of the South is the present overfow of the Mississippi River and itstributaries. Wires from the flood district show that more than two hundred hardwood mills are in the food area- What damage has been done thenL car\not yet be estimated. The Southern hardwood production is reduced to less than 40/o of normal. An enormous amount of lumber has been destroyed. What will be shorrrn when the waters recede is problematical, but it is certain that the hardwood industry has a mornentous year ahead.

Lumber

Hardwood prices have been advancing fapidly, and will probably continue to do so.

The effect on Southern Pine mills has been far less. Many have been closed because of floods, others because of the wiping out of transportation lines, etc.

No man can estimate the losses in the food areas, but it will run into hundreds of millions of dollars. Tens of thousands of buildings have been washed away and destroyed, and it will require an enorrnous amount of building material to even begin the work of replacement of shelter, after the floods recede.

Earl Galbraith Becomes Sales Manager for Schumacher Wallboard Corporation

Earl Galbraith became Sales Manager of The Schumacher Wallboard Corporation at Los Angeles, effective May first.

As Manager of Retail Sales for the Hammond Lumber Company in Los Angeles, Mr. Galbraith has for the past four years built himself a secure position in the high esteem of the lumbermen of Southern California, and he takes to his new position a long experience in the merchandising of building materials and in serving the public with such materials, that should be of great value to him and to his employers. He is a young man of acknowledged worth and fine business ability.

He succeeds Earl Schmidt. For nearly nine years, ever since Schumacher was a small local establishment, Mr. Schmidt has been with that concern, startingas time keeper, and working up to the office of Sales Manager, a position which he has filled for six years with much credit to himself and his employers. Mr. Schmidt has not yet determined on his future connections

Mr. Galbraith in his new oosition serves under Mr. A. R. Moylan, Vice President and-General Manager of The Schumacher Wallboard Corporation.