How Lumber Looks

A quiet Decembe, and to be expected.

The fir* two wee&s of tfie Chriatmar month generally ree a dowing up of lumber orderu, both wholerale and ietail end thir year witnercer no change, and it can rafely be predicted trhat the last hio weeks of the month will be a repetition of forrner years.

tt" November totab at the various portr in the rtater show a banner month- in rhipments, and a large amorurt of there ctock! have already rolled into the yardr, and the condition of the dockr; at the end of the year, will be better than in timer paet when inventor5r time forurd the wholeeale rnan with a large amount of rmrold on his hands. San Pedro unloaded a little over 140 million feet, in November.

The fact is that the retailerr have held up with tteir orders in better rhape for th9 end of the year rearon than ever before, showing a healthy condition in their yardr, end predicting a good January and Febrtary.

Rrmrors are rampant that Fir cargo, end rail rtockr, will take a jump in price, coon after the furt. Argumentr iound reasonable that the curtomary rhut-down of the millr drring the holidayr, the generd curtailmeqrt program in eftect at a large number of tfie larger millr, the trenrcndour arnount of lumber that h going eart, and other factorr, dl point to higher price lirtr. This, considered with the fact that rome of the millr are looki"g at California with lerr favor, month after month, would reem to point to that end. California har produced a lot of volrune thir year for the Fir manufecturerr, but, in mort carer, har not ehown them much profit. Profitr that they can rneke by rhipping their goodr into other marketr.

Building permitr for December are holding up ar well as could be expected.

The northenr part of t{re rtate reportr a general good f*ti"S arnong the dealerr, and the tendency in the eouth Eeema to be that 1926 will rhow up bater than did thir year.