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Pohle Lumber has seen happier, and busier days.

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Pohle Resident? Mana

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About World Lu mber Market

This is the first in-
terview in the herald
series which, In the next
few weeks will deal with
the problems facing the
lumber industry in 8.C.
Through this series we
hope to better acquaint
Terrace residents with
the problems and the
affect which are even
now being felt.

The first interview is with
Pohle Lumber's resident
manager Bob Davis,

INTERVIEWER - I'm here te
find out what's wrong with our,
forest industry. ‘I's a pretly
gloomy period and I'm sure‘a
lol of people don't understand
what's relaly behind it all.
Perhaps you could outline, the
problem and some of the
reasons for it. :

MR. DAVIS - The real root of
the problem is the world
aconomic situation, the scarcity
af mortgage money and the high
interest rates that have Lo be
paid. It appears to have started
first in the States. °

During the summer months I
first heard of some mortgage
companies thal were requiring
a 40 percent down payment on
any home purchase. You don'l
build ico much Lo a home these
days for less than 35 to 50,000
dollars and if a person has to put
40 percent down thal ‘means
between 14 and 20,000 to make
this down payment: and then
they're faced with a twelve,
thirteen, maybe thirteen and a
half percent mortgage to pay. ©
That really put the lid:on the
housing market.

Since then it has.spread.to
Canada, Mortgage rates are
high. I don’t know exaetly what
a person has to have in Canada
but I do know houses are very
difficult to come by and require
a very substantial down’
payment.

As well as this tremendous
need for housing there ‘are just

not that many people who are in

a position to procure the

necessary amounts of money.

INTERVIEWER - How about
kK hasiltwhe:

affected at all?

DAVIS - The pulp market still
appears to be goad as far as J
know, I’m nol, strange as it
may seem, closely connected
withthe pump market but it has
been rising over the. past
number of months. Where it is
now,.I don't know.

INTERVIEWER - So this is
basically a problem as 2 direct
result of the housing problem
and a light money situation.

DAVIS - That's right.

INTERVIEWER - What ef-

fect does this have on Pohle
Lumber? ‘

DAVIS - We are operating on
- alwo shift basis in the sawmill,
the chip-n-saw and the planer.
Up until sometime in August we

(were running three shifts in the
sawmill; We cut back at thal

. time because of a manpower

- shortage and subsequently did
not go back to the three shift
operation because ,of the
general economic condition.

INTERVIEWER - How about
the output.of your mill, . How
does this compare to say six.
months ago? aE.

DAVIS - Cutting dit the one
shift reduced the production by
about twenty-five percent.

INTERVIEWER: Do you see
any ald coming. from the

housing policy announced by”

United States President Gerald
Ford? It appears to be quite an
extensive housing policy.
DAVIS- Anything that is done
that makes mortgages more
available to the genral public is
bound to have a beneficial effect

but there are mills both in the.

Slates and Canada that are shut
down now and [ think it’s going
to fake some pretty massive
boosts to. have a very
pronounced affect.
INTERVIEWER - What about
lumber markets in Europe. Are
they down too? ‘
DAVIS Yes. It’s not just a
North American situation. The
European market, the Japanese
market; all have fallen off and
for much the same reasons,
INTERVIEWER - So there
could; be some benefit. from
trade:talks going on now bel-
ween Canada and {he Cammon
Market.. mo, hoes
DAVIS - I'm not reaily that
el} acquainte

>

ir Poay.

Bob Davis, resident manager of Pohle Lumber.

European market but I think
one would find the same
situation holds true over ‘in
these countries which docs in
North America. The individual
people have to have money
available for housing. —
INTERVIEWER - Japan is a
major lumber market for
Canada and I seem to recali a
Japanese official ~ over - here’
about a year ago saying thal the.
need for Canadian lumber
would be growing in Japan. De
they face the sare tight money
silualion?
DAVIS - That’s right.
need is world-wide,
- Let’s face it, right here in
Canada, right in Terrace, a lot
of people need homes. The
same holds true in the States the
same holds true in. Europe,
Japan, everywhere. There is a
tremendous need for housing:
INTERVIEWER - Sa, the only
real solution to this prablem is a
greal brightening of the world
economic conditions,
DAVIS - I feel that's what is
needed.

Mr. Davis also spoke -of a
related problem - a spiil-off
from the current situation -
which could affect both the
forest. and construction in-
dustries,; even after money
became, more available.

i,

The |

whole situation,” he said, “is
lhat when things start to slow
down in the housing industry,
the trademen leave the fleld to
seek employment elsewhere.

Many of them never come back.

The same holds: true for:

sawmills.

“The loss of those trained and
skilled people hurts’ and (those
vacancies take time to fill. If
the economic -condilions
brighten and the demand for
housing, and therefore lumber,
increases, this lack ‘af skilled
tradesman could create a
considerable back-log and
building programs thereby
‘sustaining the problem for at
least a while.” |

Mortgages —

Competitive rates on ist and 2nd mortgages in town and
country. Also agreements for sale and mortgages
purchased. For more camplete information please pi

GREENBRIER MORTGAGE
“INVESTMENTSLTD:

Suite F, 4650 Lakelse Avenue, Terrace
$35-6767 (above Miller’s Mens Wear.

PRINCE GEORGE, TERRACE, WILLIAMS LAKE

Forest Cut
Down by
42 million
cubic feet

* Saws,

miscellaneous. during

The Prince Rupert Forest
District monthly summary of

cul for the month of September .

shows a decrease in production
“of just about 42,000,000 cubic
feet when compared with last
year. .

To the end of September 1973
a total of 271,993,702 cubic feet
had been cut in the district
while to the same date this year
the cut has only attained
240,538,694 cubic feet. ,

Hemlock prdved to be the
choice wood during the month of
September with 14,985,278 cubic
feat falling to the district power
This is followed by
spruce with a cut of 4,985,278
cubic feet, balsam with a cut of
4,492,302 cubic feet; cedar wilh
a cut of 4,219,533 cubic feet;
lodgepole. pine with a cut of
2,756,307 cubic feet and fir with
a cul. of 294,749 cubic feet.
There were-a ‘total of 913,473
cubic feet “listed ‘under
the
month,

Bean Dellght
Combine thin ‘strips or rings
of red onions with cooked snap-
ped beans which have been maci-
nated ‘In French dressing — and
you've got a hearty. salad.

(CTF)

31-138 10" x 14”"

ase neue op ARONA ASE A DOL Aik

ger Talks |

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HORS D'OEUVRE DISH, drip colows assorted
tad, ofange or yellow, compartment with lid
and. spoon. ~ . mo

PLAT AHORS O'OEUVRE, couleurs fantaisie
rouge, olanga ou jaune, compartiment avec
couvefcla et cuillar, 7:

31-142 14°" diom.
HORS D’OEUVRE DISH, compartment with Nd,
drip colours assorted red, orange of yellow .
PLAT A HORS DO’ OEUVRE, compastiment avez
couvercle, couleuts fantaisle rouge, orange
ou jaune.- _ 7 . :

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31-183 13%4"' diam. of :
HORS D'OEUVRE DISH, compartment with 31-180 11" « SK"
lid, green. : : . HORS D'CEUVRE PLATE, gilt handle, green.

PLAT A HORS D'GEUVRE, compartiment, |) PLATEAU A HORS D'OEUVRE, poignée
avec couvercls , vert, wy dorée, vert. | . .

31-176 9" H.
TID BIT TRAY, 8%" and 54" tiers, gilt
handle , green. : ‘
PLATEAU A FRIANDISES, étaues de 615"
et 51h", poignee dotee , vert,

31-178 11" diem. a
HORS D'OEUVAE DISH, gilt handle, gteen.’
PLAT AHORS D'DEUVRE, poignée dore, vert.

Lo . 7

available at © |

Dey Loa 312160 114" x 7K" .
. : +, HORS D'OEUVRE PLATE, glit. handle, ‘drip
= , 2 Coleurs assorted ted, orange or yellow. —
: AND - PLATEAU A HORS D'OEUVRE, poignée dores,
a 1 . couleurs assorties rouge, o1ange ov jayne.

g1-121 914" x 7H" OTP
COMPOTE OISH, on base, drip colours

assorted red, orange of yellow, °°: ;
_ COMPOTIER, sui base, couleurs fantaiste.-:
sfouge, orange ou jaune, 6 fo ee FS

LTD

ees | ery) 4606 LAZELLE —
a ae 635-6576.

- , CLOSED MOHDAYS : colours assotted red, orango of yellow.

‘ PLATEAU A HORS D’QEUVRE, polgnée darée,

‘ couleurs assorties auge, olange ou jaune.

"31-114 10" diam,
2 316115 7" diam. |
BOWL, dip colours assorted red, orange or
yetlow. = , :
= BOL, couleurs fantaisle -
* ‘Jaune. + -

eer a a
TID BIT TRAY, 914"' and 44" tlets, dilp
colours assorted red, ofange ar yellow.
PLATEAU A FRIANDISES, étages de 9ig'" at
44" couleuts fantalsie rouge ,o1ange ou jaune.

31-159 11'" x 74"

31-153 11° diam, .
HORS D’OEUVRE PLATE, gilt handle, dito

“HORS O'CEUVRE PLATE, gilt handle, drip
colours assotted red, artange or yellow.

PLATEAU AHORS 0'OEUVRE, polgnée doiée,.
couleutS assorties rouge, o1ang? cu jaune.

rouge, arange ou .

. 31-170
13" H,
‘TIO BIT TRAY, ..
66", 8A" 10" tiers,
ted, orange oF yellova
PLATEAU
AF RIANDISES,
@tages deg'’,
ayer , 1g",
fouge, orange
ou jaune.

V-137 13" 9"

HORS D'OEUVAE DISH, 2 compartments with

lds and spoons, dilp calouts assoited ted,

orange ot yellow,

PLAT A HORS D'OEUVRE, 2 compartiments

avec couverclesetculllers, couleurs fantaisle
 19ugO, Orange ou jaune.

31-167 11" He :
TID BIT TRAY, 8K" and 644" tlers, drip
colours assorted ted, otange of yellow.
PLATEAU A FRIANODISES, étoges do B4"" ct
6l4't couleurs fantaisle (ouge orange au jaune.

31-163) 11"? x TO": .
SNACK TRAY, 3 assorted dip colours, red,
orange or yellow. oo.
PLATEAU POUR CASSE-GROUTE, 3 couleurs
assortles, fouge’, otange ou jaune. :

31—116 9 xB"
BOWL, dlp colowls assorted ted, ofange of
yellow, wit handia.
BOL, couleuts fantalsie rouge, orange .ou
jaune, poignée métal.

TID BIT TRAY, 6" and 84" tiers, 3 assorted
drip colours. -
PLATEAU A FRIANDISES, Stages de 6" at B"",
3 couleurs assortles. .

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