Show Croft Lumber Co Awarded Sale of East Summit Timber The East Summit timber sale was sold Monday to Croft Lumber Company according according ac ac- cording to Andrew R R. R McConkie forest supervisor of the Ashley National Forest The sale volume was board feet The only bidder Croft Lumber Company was declared the high bidder at the minimum price of 2 per thousand thousand thou thou- sand board feet LAST WEEK Croft Lumber was the high bidder on board feet of on the Big Park No 2 timber Umber sale Croft Lumber Company the only bidder bid the minimum rate of 2 per thousand board feet The Ashley Forest has now sold nearly board feet of timber since July 1 stated Supervisor McConkie The forest service expects to offer for sale an additional addi addi- additional board feet by December 31 ALMOST ALL timber sales are now appraising appraising ap ap- praising at the minimum rate of 2 per thousand board feet This rate reflects the huge decline in lumber prices since the first of the year The Western Wood Products Association Association Assoc Assoc- lumber index an index put out by bythe bythe bythe the lumber Industry to reflect prices has dropped from a high of in April to in September The declining declining de de- clining lumber index now seems to be tapering off but has not yet leveled off |