2 minute read
Lumber Production Quotas for Last Quarter of Year
Totol is About 22 Per Cent Less Than for Third Ouarrer
Washington, Sept. 17.-The National Control Committee of the Lumber Code Authority announced today the lumber production quotas of the various Divisions and Subdivisions for the last quarter of 1934. The total "regular quota", based on expected world consumption of domestic luinber, was fixed at 3,5,10,000,000 feet, of which approximately 64,000,000 feet is for hardwoods and 2,9?f.,W,W feet for softwoods.
After allowing for certain deductions on account of overcut of particular quotas in the current quarter and other reasons, the actual net lumber production for the last quarter was reduced to 3973,500,000 feet, as compared with 3,832,000,000 feet for the current quarter. This total is divided into \596,M,m for softwoods and 477,M,W for hardwoods, as compared with 3,170,000,000 and.662,W,000, respectively, for the present quarter.
The distribution of the total allocation of production among the various lumber Divisions and Subdivisions is as follows:
In addition to the lumber proper quotas the following allocations were made for timber products: group
The items of "sustained yield" refer to additional allowances to individual operators in various Divisions as premiums for entering upon sustained yield operations which are the forestry objective under the Lumber Code as compared with the traditional method of clear cutting. The Tillamook burn item allows for salvaging operations in an area in Oregon burned over in August, 1933.
41,4 MM feet
Considerations Leading to Reduction of production
In making a substantial reduction from the quotas for the third quarter the National Control Committee was influenced largely by the conclusion, after a review of lumber and general business conditions, that the seasonal decline in lumber demand in the last quarter of the year would be iroticeably larger than usual. The committee ,considers that the "low" of the business year has been attained and that general business will improve from now on. But neither from such an improvement nor from special demands for lumber by various public projects or from some improvement in the demand for lumber caused bv the Fed_ eral Housing Administration program is there iniication of much expansion of lumber sales this fall. The committee also had in mind the large surplus lumber stocks now total_ ling 8,500,000,000 feet which are partly to be attributed to over production, since the Lumber Code was instituted, for the public purpose of promoting employment and local business in lumber regions, thus taking a chan,ce that the market might be better than forecast data indicated at the beginning of each quarter. It is now the policy to adjust production to the realities of demand and the excess of stocks.
Eighth Annual Barbegue
The Eagle Rock Lumber Co., Eagle Rock, Calif., held their eighth annual venison barbeque, Tuesday noon, Sep_ tember 18. A large gathering which included friends. cus_ tomers, lumber representatives and guests attended the bar_ beque, and all pronounced the meat very prime and up to the usual standard. Emil F. Swanson, proprietor of the company, on his annrral hunting trip this season brought in two fine bucks.