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THE CALIFOR}-IIA LUMBERMERCTTANT JackDionne,futtdhu
Incrpcated mdcr thc las of Crllfcnte J. C. Dlorac, Prcr. and Tnu.; J. E. Mrdr, Vle-Pra; A. C. Mcrrym, Jr., Sey. Publirhed thc lrt ard 15tt of ach mtt rt
3rt-rt-20 Central Building, lOt TYat Sixth Stnct, Lc Angcle, CaL, Telephone, VAndike 1565 Entered u Scmd.clu mtter Scptmb.r A. lW" et tle Pctorfflce rt Loa ArtGlG{b CrllfmL, utrdd Act of Much I ffir.
LOS ANGELES, CAL., AUGUST 15, 1929
How Lumber Looks
A material ;decrense in production and a sharp increale in orderr for the week ernding Augurt 3 ar compared to tAe former week ir ehown in the reportr received by the West Coa* Lum,bennentr Asrociation from a group of 2lO mills. Production was 3,(XX)'0OO feet lees and ord€n were lqOOO,(Xn feet greater than the preceding week. The rpread betrueen orderr and produc{ion for the week war 3r6(X)rOOO feet, with orderc approximately twoper cent over production.
Inventorier at the clore of the week ending Augud 3 rhowed e further d'ecreare and are now 14 per cent below thoee of January 1. Unfill€d orders reported by 14O millr repreeent 41 per cent oftteir inventorier. Despite the fact that August ir unnlly the quietert month in the year for lunber buying priccr have held firm, and the drop in production and the increase in orderc is expected to rtrengthen the pooition of the industry conriderably, the Arsociation report stetes.
D.rrios the part week the California market rhowed some improvement and the general outlook is better. Unsold stocks on the docks at San Pedro rernain about the Eame as two weeks ago but ttere are now 38 lumber vecsels tied up and cargo arrivals et this port during the past few weelc have decreared.
Srn Freacirco O6cc ?lC
Sutr Mrrln. Bldt
Advcrtiring Rrtcr on Applicetion
The lath and rhingle marketc rhow very little change. Britirh Columbia rhingle manrt'acturerr have dccided to curtail production 5O per cent from Augurt lQ to the end of the year.
The volume of ralec in Cdifornia White and'Sugar Pine and Redwood are holding up well with pricea well ectablirhed and firnr.
According to the report of the National Lumber Manufecturerr A*ociation, the current relationrrhip of ehipmentr and orderc to production for the first thirty weekr of 1929' is ar follows:
Wet Coast Lrmrberrnen'r Auociation. Production, 5r163,797 M feet; Shipmentr, 5,335,223 M feet; Orders, 5,393,891 M feet.
California White and Swar Pine Association. Production, 753,4?5 M feet; Shipments, 795,978 M feet; Orderr, 815,850 M feet.
California Redwood Association. Production, 2221463 M feet; Shipments, 221,933 M feet; Orders, 241,587 M feet.
Southern Pine Association. Production, 11986,514 M feet; Shipmentr, 2,O35,1(X) M feet; Orderq 2,024,9fdi9 M fe€t.
Total Hardwoodr. Production, 1,5271334 M fe€t; Shipmentq 1,521,286 M feet; Orders, 1,505,354 M feet.
O. D. Adams Joins British Columbia Shingle Mills
Cowan's Sales Force Start 50 Per Cent Curtailment
O. Il. Adams, well known Southern California lumberman, is now connected with H. V. Cowan, Inc., of Los Angeles and will call on the lumber trade in the Pasadena and San Gabriel Valley territory. Mr. Adams has been associated with the lumber business in Southern California for thc past eighteen years and was Hammond Lumber Companv. formerlv connected with the
PACIFIC STATES LUMBER CO'S. MILL THREATENED BY FIRE
Fire, which for a time threatened destruction of the entire plant of the Pacific States Lumber Co. at Selleck, Wash., was brought under control after having consumed about 10,000,000 feet of dry lumber, three dry kilns, two loading docks and two piles of timbers. Damage was estimated at approximately $250,000.
British Columbia shingle manufacturers decided to curtail production 50 per cent from August l0 to the end of the year, at a meeting held in Vancouver, August 9, at which 95 per cent of the shingle manufacturers were represented.
Slackening of residential building in both United States and Canadian cities, and the practical cessation of orders fromthe Canadian prairies, caused this drastic action, it was announced by leaders of the industry, who stated that continuation of normal production would onlv result in ruinously lolv prices.
R. C. ALLEN REPRESENTING CADWALLADER. GIBSON, INC. IN SOUTH