Georgia-Pacific Corporation

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In run Marrer or GEORGIA-PACIFIC CORPORATION CONSENT ORDER, ETC., IN REGARD TO THE ALLEGED VIOLATION OF THE FEDERAL TRADE COMMISSION ACT AND CLAYTON ACT, SEC. 7 Docket 8848. Complaint, May 26, 1971—-Decision, Dec. 26, 41972. Consent order requiring; among other things, the divestiture by the nation’ s lead- -ing producer and distributor. of softwood plywood, headquartered in Portland, Ore., of certain acquisitions alleged to be anticompetitive. and monopolistic in nature. The principal provisions of the order are that the respondent shall create an independent corporation and transfer approximately 20 percent of its assets to said corporation. The order further restricts and prohibits future acquisitions in the timber industry in the South for five years and places a ten-vear ban on the acquisition of the stocks and assets of softwood plywood concerns without prior Federal Trade Commission approval.

Complaint The Federal Trade Commission, having reason to believe that the party respondent named above, as hereinafter more. particularly designated and described, has v iolated and is now violating the provisions of Section 7 of the Clayton Act, as amended, (U.S.C. Title 15, Section 18) through the acquisition of the stock and assets of various corporations, as her cinafter more particularly designated and described, hereby issues its complaint pursuant to the provisions of Section 11 of the aforesaid Clayton Act (U.S.C. Title 15, Section 21) stating its charges in this respect in the following Count LT. The Federal Trade Commission, having further reason to believe that aforesaid party respondent also has violated and is now violating the provisions of Section 5 of the Federal Trade Commission Act, as amended (U.S.C. Pitle 15, Section 45), through the acquisition of the stock and assets of yarious corporations, as hereinafter more particularly designated and described, and it appearing to the Commission. that a preceeding by it with reference thereto would be in the public | GEORGIA-PACIFIC CORPORATION: * 985”

984° Complaint interest, also issues: its complaint pursuant to the provisions of. the aforesaid Federal Trade Commission Act stating its charges i in 1 this respect in the following Count IT. ;

COUNT I _ DEFINITIONS PARAGRAPH 1. For the purpose of this complaint, the following definitions shall apply:

Softwood—wood coming from a gymnosperm “tree, ‘otherwise known: as coniferous woods such.as pines, firs, spruces, and.hemlocks. — Generally light in texture, non-resistant and easily worked. Softwood -plywood—materials consisting of sheets of softwood glued or cemented together with the grains of adjacent layers arranged at right angles or at a wide angle and usually being made (a) of uniformly thin veneer sheets, or , - (b) of equal number of veneer sheets on either side of a thicker central layer. | THE RESPONDENT sy Par. 2. Respondent, Georgia-Pacific Corporation, sometimes here- inafter referred to as “G-P,” is, and has been, at least since January 1, 1960, a corporation organized, existing and doing business under the laws of the State of Georgia with its present office and principal place of business located at the Commonwealth Building, Portland, Oregon.

Par. 3. G-P is engaged in the manufacture, sale, and distribution of ‘a wide variety of wood products including, but not restricted to, softwood. plywood, plywood specialties, lumber, and furniture. It also is engaged in the manufacture, sale and distribution of gypsum products, chemicals, wood by-products, and a variety of paper and paper products including board, newsprint, tissues, toweling and napkins, and paper.

Par. 4. In the course and conduct, of its business, G-P is, and has been, at least since Ji anuary 1, 1960, engaged in selling its products to purchasers located in various States of the United States, and caused such products, when sold, to be transported from its facilities in various States of the United States to such purchasers located in various - other States of the United States. In so doing G-P is engaged in “commerce,” as “commerce” is defined in the Clayton Act, as amended, and has been continuously so engaged at least since 1960. Par. 5. G-P’s development has been characterized through the years by continuous growth. For calendar year 1949, G-P had net 4948417363 986 . FEDSRALS TRADE COMMISSION DECISIONS . Complaint SL RT...

sales of approximately $35,042,000, and ‘its total assets approximated $16}973,000. For calendar year: 1959, net sales were approximately $191,997,000, and its total assets had risen to approximately $264,295, 000.

Par. 6. Much of G-P’s growth prior to 1960: was the result of its acquisitions of stock or assets. of other. corporations. By 1960, G-P had become a highly integrated corporation within the lumber and - softwood plywood industries, having its own'source of raw materials, its own manufacturing plants, and its own distribution system. In 1960, G-P was'a leading producer of softwood plywood, with production: in’ that year’ of approximately 620 1984; 000 ‘square: feet (%" basis).

Par. 7. By the’ end of 1969, G-P was the nation’s largest producer . of softwood: plywood, with production 3 in that year’ of approximately 1,922,379,000 square feet (34!" basis) Par. 8. In 1960, G-P had ten softwood plywood: ‘plants located ‘on the Wést' Coast. By thé end of 1969, it had 17 softwood plywood plants, nine of which were located in the southern part of the United States. Par. 9. As of the early part of 1970, G-P had formulated plans for the construction of four additional softwood plywood plants, all located in the South. When construction of these plants is completed, G-P’s softwood plywood capacity will be increased by approximately 480 million square feet (34’’ basis).

Par. 10. By 1969, G-P was the third largest producer of lumber in the United States and Canada, and the third largest producer of gypsum products in the United States. Additionally, it is a leading manufacturer of paper, pulp, and board products. Par. 11. In 1960, G-P owned in fee approximately 615,000 acres of timberland, and held cutting rights covering approximately 50 million additional board feet. At the end of 1969, G-P owned in fee in the United States, Canada, and Brazil, timberlands totaling approximately 4.5 million acres, of which approximately 3.5 million acres were in the United States. Also, it held exclusive cutting rights to an additional 1.5 million acres of timberlands. Par. 12. A significant portion of G-P’s growth subsequent to 1960 is directly attributable to acquisitions by G-P of the stock or assets of formerly independent forest products corporations. During the period 1961-1968, G-P acquired 45 companies, whose total combined assets approximated $396,000,000. Through these acquisitions, G-P gained ownership in excess of 2,432,000 acres of timberland. _--, GEORGIA-PACIFIC..CORPORATION::'<) — 987! 984. Complaint THE NATURE OF : TRADE; :AND: ‘COMMERCE: - Par. 13. Softwood plywood i isa n separate and distinct product which is distinguished from all other building materials and all other prod-, ucts in a number of ways including, but not restricted to,. its. unique, manufacturing process, physical characteristics, and end uses; Par. 14. In the United States prior to 1964,, softwood plywood was manufactured almost entirely. on. the, ‘West. Coast, In, that. year. the. domestic production. of softw plywood. began i the, South asa ting utilization of the: “woods ‘of southern, pine ‘trees, hitherto. ‘unsuitable for the manufacture of softwood plywood. oe peeenes ED AS Par. 15. The manufacture of softwood plywood, is a a very substantial’ industry i in the United’ ‘States, Ind approximately.. 14.7. billion square feet (86’” basis)’ was produced with, value, of, shipments, apr: proximately $1,044,000,000.

Par. 16. There has been a significant j increase in the production of __séftwood plywood since 1963, with most of the increase occurr ing in | the South. National production. increased: approximately 3.5 billion . square feet (34’” basis) during the period 1963-1969, while Southern production accounted for’ approximately 9.8'billion’ square feet (34 basis) of this national increase.

Par. 17. The participation by G-P in this increase in southern production has been substantial. G-P established the first plant for the production of southern pine softwood plywood at Fordyce, Arkansas, in 1963. By 1968 G-P had achieved a dominant. position in the production of softwood plywood in the South, accounting for approximately 35.4 percent of softwood plywood produced in that region in that year. G-P’s success in achieving this position has resulted primarily from a series of acquisitions and subsequent development of southern pine timber bases suitable for support of long term production of softwood plywood, including the acquisitions mentioned hereinafter, with the result that there is now a shortage of such bases in the southern pine region of the United States for development by others.

Par. 18. Additionally, G-P is the leading producer of softwood plywood in the United States, accounting for approximately 14 percent of the nation’s production in 1969, almost double the production of its nearest competitor.

Par. 19. G-P is also the leading distributor of softwood plywood, accounting for approximately 18.3 percent of the mill shipments in the United States in 1969.

988°. | FEDERAL TRADE’ COMMISSION DECISIONS Complaint 81 BTC Par. 20. There has been a significant increase in the level of concentration in the production of softwood plywood. In 1963, the top four and top eight producers had approximately 25.92 percent and 38.60. percent of the nation’s production, respectively. By the end of 1969, these shares had increased to 34. 59 percent and, 49.21 percent, respectively. | — Par. 21. There has also been a significant i increase in the level. of concentration in the national distribution of softwood plywood. In 19638, the top four and top eight distributors of softwood plywood accounted for 36.38 percent and 50.04 percent of domestic mill shipments, respectively. By 1969, these shares had increased to 48. 22. percent and 63.50 percent, respectively. :

Par. 22. The aforesaid increase in concentration has been paralleled by a number of independent softwood plywood. concerns leaving the industry, either by virtue of merger, joint venture, or by voluntarily ceasing operations.

? 7 THE ACQUISITIONS Fordyce. Lumber Company Par. 23. Prior to and until April 1963, Fordyce Lumber Company, sometimes hereinafter referred to as “Fordyce,” was a corporation organized, existing and doing business under the laws of the State of Arkansas with its office and principal place of business located at Fordyce, Arkansas, Par. 24. Fordyce was engaged in the production and sale of lumber. In the year preceding its acquisition by G-P, Fordyce produced approximately 32,384,000 board feet of lumber. In that year Fordyce’s lumber sales amounted to approximately $2,300,000, and the stated value of its assets was approximately $20,937,000. Included among: such assets were approximately 160,000 acres of “forested timberlands. Par. 25. In the course and conduct of its business prior to April 1963, as aforesaid, Fordyce sold its products to purchasers located in various States of the United States and caused such products, when sold to be transported from its facilities in Arkansas to such purchasers located in various other States of the United States. In so doing Fordyce was engaged in “commerce,” as “commerce” is defined in the Clayton Act, as amended.

Par. 26. In April 1963, Georgia-Pacific Corporation acquired all of the stock and assets of Fordyce Lumber Company for approximately $20,800,000.

Par. 27. Subsequent to the aforesaid acquisition G-P abandoned the lumber operation at Fordyce, Arkansas and constructed a plant for the GEORGIA-PACIFIC CORPORATION’. | 989 984 Complaint production of softwood plywood. Such plant with an original annual capacity to produce 90 million square feet of softwood plywood, subse- .. quently enlarged to.a 120 million square feet capacity, began production in December 1963. Such plant was supplied, at least in substantial ‘part, with timber: acquired i in the aforesaid acquisition of Fordyce. - American Timber Products Company Par. 28. Prior to and until September 1, 1965, American. Timber Products Company, sometimes hereinafter referred to as “American Timber,” was a corporation organized, existing and doing business under the laws of the State of Delaware with its office and. principal ‘place of business located at Portsmouth, Virginia.: Par, 29. American Timber was engaged in the production of lumber which was. used internally by it and by its wholly-owned subsidiary corporations. in the manufacture of a variety of wood products, includ: . ing .wooden crates and. baskets, wire bound ‘crates and veneer stock. American Timber had.lumber facilities. located at. Portsmouth, Virginia and Murfreesboro, North Carolina. Various plants of .its subsidiary corporations were located in Arkansas, Georgia, New Jersey, and North Carolina. In:the year preceding its acquisition by. G-P, ‘American Timber produced approximately 8,677,000. board feet of lumber which it used internally. In that year the stated value of its assets was approximately $11,667,960. Included among such assets were approximately 30,000 acres of timber lands situated in North Carolina and Virginia.

Pan. 30. In the course and conduct of its business prior to September 1, 1965, as aforesaid, American Timber sold its products to purchasers located in various States of the United States and caused such products, when sold, to be transported from its facilities in various States to purchasers located in various other States of the United States. In so doing American Timber was engaged in “commerce,” as “commerce” is defined in the Clayton Act, as amended. Pan. 31. On or about September 1, 1965, Georgia-Pacific Corporation acquired all of the assets of American Timber Products Company for approximately 210,000 shares of G-P common stock valued at @PPTOXimately $11,970,000.

Par. 32. In 1965, G-P constructed a softwood plywood plant at Emporia, Virginia, with a rated annual capacity of 100 million square feet. Subsequent to the aforesaid acquisition, G—~P began using the timber so acquired to supply a part of the needs of this plant. 990 : FEDERAL: TRADE’ COMMISSION “DECISIONS Complaint, 81 FTC.

od odreysy Spaulding Manufacturing Company, Tncorporated and. mate “Spaulding Lumber: Company, Tneorporated : Pan, 33. ‘Prior to. and until, October 1965, J effreys, Spaulding Manwfacturing Company, Incorporated, sometimes hereinafter referred. to.as eS effreys,” and Spaulding Lumber Company, Incorporated, somietimes hereinafter referred to.as “Spaulding,” were corporations organized, existing, and doing business under the laws of the State of Virginia, with their offices and principal places’ of business located at Chase City, Virginia.’ Par. 34. Jeffreys and‘ ‘Spaulding were closely held corporations administered by the same executive officer, ‘George M Spaulding, and operated so as to mutually benefit each other. Par. 35.5 effreys and Spaulding were both engaged in the production’ and’ sale:of lumber. In the’ year preceding their acquisition by G=P the combined: lumber sales of Jeffreys and Spaulding amounted to approximately $2,654,000, andthe stated values of their assets were approximately $2,300,000 and $2; 700, 000, respectively. Included among - such assets were: ‘the’ combined total of approximately ¢ 33, ;000° acres, of timberland. , PAR: 36: In the‘course: aiid eonduiet of their businesses’ prior to Oc- ‘tober’ 1965, as aforesaid, both’ Jeffreys and ‘Spaulding sold their products to purchasers located in various States of the United States and caused such products, when sold, to be transported from their facilities in Virginia to such purchasers located i in various other States of the United States. In so doing both J effreys and Spaulding were engaged in “commerce,” as “commerce” is defined in the Clayton Act, as amended.

Par. 37. In October 1965, Georgia-Pacific Corporation acquired all of the assets of Jeffreys, Spaulding Manufacturing Company, Incorporated and Spaulding Lumber Company, Incorporated. The combined consideration paid by G-P for these acquisitions was 80,112 shares of G—-P common stock, which was valued at approximately $4,570,000.

Par. 38. The timberlands acquired in the aforesaid acquisitions served to assure long-term production stability for G-P’s softwood plywood plant at Emporia, Virginia.

Barrow Manufacturing Company and Barrow Land & Timber Company Par. 39. Prior to and until November 1966 Barrow Manufacturing Company, sometimes hereinafter referred to as “Barrow,” and Barrow ; GRORGIA-PACIFIC CORPORATION’ - -: 991 - 984 Complaint _ Land & Timber Company, sometimes hereinafter referred.to as “Bar-row Land,” were corporations organized, existing, and doing business under the laws of the State of North Carolina, with their offices. and principal places of business located at Ahoskie, North Carolina.. - Par. 40..Barrow and Barrow Land. were closely held corporations . administered by. the same executive officer, John K. Barrow, Jr., and operated so.as to mutually benefit each other. Par. 41. Barrow. was engaged in the production and sale of lumber. In the year preceding its acquisition by G-P, Barrow produced approximately 12,676,000 board feet of lumber. In-that. year Barrow’s. lumber sales amounted to approximately $1,110,000,. Barrow Land was a land and timber holding company. which did not. engage, in. manufacturing. The combined stated value. of the assets of Barrow. and Barrow Land was approximately $1,015,000. Included among such assets were the combined total ;of ‘approximately 6,000 acres of timberlands and cutting contract rights to approximately 5 000 000 board ‘feet of timber...

Par, 42..In the course e and conduct of. these businesses prior’ to November 1966, as aforesaid, Barrow sold. its products to purchasers. located in. various States of the United States and.caused such products, — when sold, to be transported from Barrow’s facilities. in North Caro- . lina.to. such purchasers located in various other States of the United States. In so doing Barrow was engaged in “commerce,” as “commerce” is defined in the Clayton Act, as amended, and by virtue of the manner in which Barrow Land was operated for the benefit of Barrow, aforesaid Barrow Land was likewise engaged in “commerce.’ Par. 43. In November 1966, Georgia-Pacific Corporation acquired all of the assets of Barrow Manufacturing Company and all of the stock and assets of Barrow Land & Timber Company. The combined consideration paid by G-P for these acquisitions was 25,000 shares of G—-P common stock, which was valued at approximately $1, 200,000. Par. 44. The timberlands acquired in the aforesaid acquisitions served to supplement G—P’s timber supply for its softwood plywood plant at Emporia, Virginia.

Reynolds & Manley Lumber Company Par. 45. Prior to and until February 1966, Reynolds & Manley Lumber Company, sometimes hereinafter referred to as “Reynolds & Manley,” was a corporation organized, existing, and doing business under the laws of the State of Georgia with its office and principal place of business located at Savannah, Georgia. 992 FEDERAL TRADE COMMISSION: DECISIONS ) Complaint — 81 FTC.

Par. 46. Reynolds & Manley was engaged in the production and sale of lumber. In the year preceding its acquisition by G—P, Reynolds & Manley produced approximately 7,266, 000 board feet of lumber: In ~ that year, Reynolds & Manley’s lumber: sales amounted to approxi: ~ mately $1,300,000, and the stated value of its assets was approximately $1,877,000. Included among such assets were approximately: 13, 000 acres of timberland.

Par. 47. In the course and conduct of its business prior to February 1966, as aforesaid, Reynolds & Manley sold its products to purchasers Tocated in’ various States of ‘the United States and catised such Prod: purchasers lo located j in various other States of the United. States, In so doing Reynolds & Manley was ‘engaged in “commerce,” as s “commerce” is defined in the Clayton Act, as amended. “Par. 48, In February 1966, Georgia- -Pacific Comporadion. ‘iequined all of the assets of Reynolds & Manley Lumber Company for 40,500. shares of G-P common stock valued at approximately $2,470, 500.” ° Par. 49, Subsequent to the aforesaid acquisition, G~P abandoned the lumber: operations at Savannah, Georgia, and“ replaced them with ‘4 new mill located at Port Wentworth; Georgia. It: also constructed a ‘plant for the’ ‘production of softwood plywood at Savannah, Georgia. This plant had an original annual capacity of 50 million square feet of softwood plywood, The acquisition of Reynolds & Manley served to assure long-term production stability for G—P’s softwood plywood plant at Savannah, Georgia.

Williams Furniture Corporation and Southern Coatings and Chemical Company Par. 50. Prior to and until October 20, 1967, Williams Furniture Corporation, sometimes hereinafter referred to as “Williams,” and Southern Coatings and Chemical Company, sometimes hereinafter referred to as “Southern,” were corporations organized, existing and doing business under the laws of the State of South Carolina with their offices and principal places of business located at Sumter, South Carolina.

Par. 51. Many of the stockholders of Williams were also stockholders of Southern. The two corporations together with their’ subsidiaries were operated under similar management as a complex of interrelated businesses.

~ Par. 52. Williams and its five wholly-owned subsidiaries were engaged in the manufacture and sale of furniture, softwood plywood and doors. Southern was engaged in the production and sale of paint GEORGIA-PACIFIC. CORPORATION - ~ 993 984 . ; Complaint and a variety of chemical products. Additionally, it. operated .a, pine sawmill at Russellville, South Carolina. In the year preceding: their acquisition by G—P,. Williams and: Southern had combined sales of approximately $26,290,000,. and, the stated. value of their..combined assets was. approximately. $31, 100,000. Included. among ‘such -assets were approximately 170,000 acres of land in South Carolina containing in excess of 400 million’ board feet.of pine and hardwood timber... Par. 53, In the course and. conduct of their. businesses prior to: Oetober 20, 1967, as aforesaid, both Williams and Southern sold. their products to purchasers located i in. various. States of the United States and caused such products, when sold, to be transported from their — respective facilities located i in various. States of the United; States-to such purchasers: located. in: various other States of the United: States. In so doing both Williams and Southern‘ ‘were engaged i in. “commence, ” -as “commerce” is defined in the Clayton Act, as amended. - Par. 54, By virtue of a merger occurr ing on or about October 20, 1967, whereby Williams Furniture Corporation and Southern Coatings and Chemical Company were merged with and into. Georgia- Pacific Corporation, said Georgia-Pacific Corporation acquired all of the assets of said ‘Williams Furniture Corporation and said Southern5 1 2 8 6 2 719 1596 166 44 96.200455 Coatings5 1 2 8 6 3 901 1599 70 41 96.200455 ands 1 2 8 6 4 986 1599 177 34 96.840042 Chemicals 1 2 8 6 5 1181 1602 189 42 96.088188 Company.5 1 2 8 6 6 1390 1604 44 31 95.994263 In5 1 2 8 6 7 1449 1605 201 32 96.647301 connections 1 2 8 6 8 1669 1605 84 33 96.237587 with5 1 2 8 6 9 1770 1607 60 31 93.306114 thes 1 2 8 6 10 1847 1607 112 32 92.756645 afore-4 1 2 8 7 0 638 1645 1321 45 -1 5 1 2 8 7 1 638 1645 77 43 96.660278 said5 1 2 8 7 2 734 1658 135 32 96.655396 mergers 1 2 8 7 3 886 1649 60 31 96.561028 thes 1 2 8 7 4 965 1650 251 33 96.194344 considerations 1 2 8 7 5 1237 1653 57 32 96.722145 for5 1 2 8 7 6 1312 1654 59 32 96.995499 thes 1 2 8 7 7 1390 1655 201 32 96.707458 conversion5 1 2 8 7 8 1612 1656 39 32 96.251778 of5 1 2 8 7 9 1671 1656 173 34 96.237274 Williams5 1 2 8 7 10 1864 1659 95 30 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3 861 1800 212 43 96.532669 Subsequent5 1 2 9 1 4 1096 1806 35 29 96.586090 to5 1 2 9 1 5 1154 1803 59 33 96.587250 thes 1 2 9 1 6 1235 1804 175 41 96.463486 aforesaid5 1 2 9 1 7 1432 1817 143 31 93.268265 merger,5 1 2 9 1 8 1598 1807 84 34 54.427620 G-P5 1 2 9 1 9 1705 1810 217 32 96.627869 constructed5 1 2 9 1 10 1943 1821 20 21 97.006378 a4 1 2 9 2 0 637 1849 1320 49 -1 5 1 2 9 2 1 637 1849 170 33 96.173500 softwood5 1 2 9 2 2 826 1851 161 42 96.084396 plywood5 1 2 9 2 3 1008 1853 99 41 96.709244 plants 1 2 9 2 4 1128 1858 36 27 96.647049 at5 1 2 9 2 5 1185 1855 227 43 96.300423 Russellville,5 1 2 9 2 6 1435 1857 112 40 96.300423 South5 1 2 9 2 7 1570 1857 162 34 95.674500 Carolina5 1 2 9 2 8 1755 1860 112 31 96.562386 which5 1 2 9 2 9 1889 1872 68 20 96.888000 was4 1 2 9 3 0 637 1899 1318 52 -1 5 1 2 9 3 1 637 1899 169 43 96.903954 supplied,5 1 2 9 3 2 815 1905 38 28 93.803719 at5 1 2 9 3 3 862 1902 87 33 93.803719 least5 1 2 9 3 4 960 1902 36 39 93.627838 in5 1 2 9 3 5 1005 1904 205 33 93.627838 substantial5 1 2 9 3 6 1221 1909 89 38 96.953888 part,5 1 2 9 3 7 1321 1907 86 32 96.839355 with5 1 2 9 3 8 1418 1907 126 40 96.142166 timber5 1 2 9 3 9 1554 1908 160 43 96.899490 acquired5 1 2 9 3 10 1726 1909 36 33 96.928596 in5 1 2 9 3 11 1773 1911 60 31 93.285995 thes 1 2 9 3 12 1845 1907 110 36 92.607796 afore-4 1 2 9 4 0 635 1951 777 43 -1 5 1 2 9 4 1 635 1951 75 41 96.860527 said5 1 2 9 4 2 723 1963 134 31 96.814926 mergers 1 2 9 4 3 868 1953 84 32 96.401939 with5 1 2 9 4 4 963 1954 173 33 96.560333 Williams5 1 2 9 4 5 1149 1956 68 32 96.413521 ands 1 2 9 4 6 1230 1956 182 34 96.030479 Southern.2 1 3 0 0 0 939 2020 711 91 -1 3 1 3 1 0 0 939 2020 711 91 -1 4 1 3 1 1 0 939 2020 711 91 -1 5 1 3 1 1 1 939 2021 144 69 96.926727 Tommy5 1 3 1 1 2 1102 2020 177 91 93.177643 Reynolds5 1 3 1 1 3 1297 2050 151 33 96.731087 Lumber5 1 3 1 1 4 1471 2052 179 43 96.608795 Company2 1 4 0 0 0 626 2106 1329 586 -1 3 1 4 1 0 0 626 2106 1329 272 -1 4 1 4 1 1 0 664 2106 1290 74 -1 5 1 4 1 1 1 664 2106 94 57 57.520782 ‘Par.5 1 4 1 1 2 775 2133 49 30 96.815392 56.5 1 4 1 1 3 839 2130 103 34 96.735497 Prior5 1 4 1 1 4 954 2135 39 40 96.661949 to5 1 4 1 1 5 1006 2133 69 32 96.526627 ands 1 4 1 1 6 1088 2120 96 56 76.387558 until5 1 4 1 1 7 1192 2123 186 44 96.842384 December5 1 4 1 1 8 1393 2135 91 43 95.326355 1967,5 1 4 1 1 9 1499 2137 146 42 95.326355 Tommy5 1 4 1 1 10 1660 2112 176 68 96.497688 Reynolds5 1 4 1 1 11 1851 2140 103 40 89.224236 Lum-4 1 4 1 2 0 633 2162 1319 68 -1 5 1 4 1 2 1 633 2179 59 33 96.892639 bers 1 4 1 2 2 707 2180 191 44 96.757713 Company,5 1 4 1 2 3 911 2183 190 43 96.331940 sometimes5 1 4 1 2 4 1113 2174 214 45 96.350441 hereinafter5 1 4 1 2 5 1336 2162 159 63 94.059738 referred5 1 4 1 2 6 1510 2191 51 30 88.662506 to5 1 4 1 2 7 1561 2196 37 25 88.662506 as5 1 4 1 2 8 1612 2188 136 42 82.527237 “T.R.,”5 1 4 1 2 9 1764 2200 68 22 95.329689 was5 1 4 1 2 10 1848 2201 19 21 33.723305 a5 1 4 1 2 11 1881 2201 71 21 33.723305 cor-4 1 4 1 3 0 632 2214 1321 67 -1 5 1 4 1 3 1 632 2231 162 41 96.329765 porations 1 4 1 3 2 807 2233 194 42 96.968040 organized,5 1 4 1 3 3 1015 2235 148 43 96.885422 existing5 1 4 1 3 4 1177 2230 69 39 96.963768 ands 1 4 1 3 5 1261 2236 106 45 96.782768 doing5 1 4 1 3 6 1378 2238 155 34 96.901192 business5 1 4 1 3 7 1548 2239 108 33 97.000481 under5 1 4 1 3 8 1669 2214 59 58 96.926720 thes 1 4 1 3 9 1744 2240 82 40 96.676155 laws5 1 4 1 3 10 1840 2241 41 33 96.676155 of5 1 4 1 3 11 1894 2242 59 32 96.985413 thea 1 4 1 4 0 632 2281 1320 71 -1 5 1 4 1 4 1 632 2281 98 35 96.860611 States 1 4 1 4 2 740 2283 41 33 96.925972 of5 1 4 1 4 3 790 2284 177 34 96.923950 Arkansas5 1 4 1 4 4 979 2279 96 39 96.640900 with5 1 4 1 4 5 1072 2286 47 34 96.749229 its5 1 4 1 4 6 1130 2287 90 33 95.128609 offices 1 4 1 4 7 1230 2288 71 64 96.676704 ands 1 4 1 4 8 1312 2288 172 43 96.608719 principals 1 4 1 4 9 1497 2291 96 41 96.686378 places 1 4 1 4 10 1604 2290 39 33 96.686378 of5 1 4 1 4 11 1654 2290 153 34 96.983566 business5 1 4 1 4 12 1820 2292 132 33 83.325867 located4 1 4 1 5 0 626 2334 1329 44 -1 5 1 4 1 5 1 626 2337 40 28 95.431107 at5 1 4 1 5 2 677 2334 193 44 95.431107 Hamburg,5 1 4 1 5 3 881 2336 185 42 96.653526 Arkansas.3 1 4 2 0 0 628 2364 1322 328 -1 4 1 4 2 1 0 673 2364 1276 70 -1 5 1 4 2 1 1 673 2385 82 33 93.036201 Par.5 1 4 2 1 2 769 2386 57 33 89.728729 57.5 1 4 2 1 3 836 2388 93 32 89.728729 T.R.5 1 4 2 1 4 949 2399 70 22 96.982658 was5 1 4 2 1 5 1038 2391 154 40 96.482452 engaged5 1 4 2 1 6 1212 2389 37 33 96.992241 in5 1 4 2 1 7 1266 2391 59 32 96.442551 thes 1 4 2 1 8 1343 2391 207 43 96.428085 productions 1 4 2 1 9 1571 2393 69 32 96.553757 ands 1 4 2 1 10 1660 2394 70 31 96.942734 sales 1 4 2 1 11 1748 2364 41 62 96.815567 of5 1 4 2 1 12 1810 2379 139 48 96.535812 lumber.4 1 4 2 2 0 630 2436 1319 52 -1 5 1 4 2 2 1 630 2436 44 32 96.967430 In5 1 4 2 2 2 688 2436 58 33 96.837982 thes 1 4 2 2 3 759 2448 82 31 96.790649 years 1 4 2 2 4 853 2439 186 43 96.776886 preceding5 1 4 2 2 5 1051 2440 46 33 96.814369 its5 1 4 2 2 6 1111 2436 204 48 96.619759 acquisitions 1 4 2 2 7 1327 2442 47 43 93.293877 by5 1 4 2 2 8 1389 2443 95 42 73.475723 G—P,5 1 4 2 2 9 1499 2445 82 31 90.084145 T.R.5 1 4 2 2 10 1596 2445 176 41 93.270798 produced5 1 4 2 2 11 1788 2445 161 43 92.636200 approxi-4 1 4 2 3 0 629 2469 1321 69 -1 5 1 4 2 3 1 629 2488 128 42 96.602501 mately5 1 4 2 3 2 776 2491 188 40 95.860924 42,162,0005 1 4 2 3 3 982 2491 109 33 96.095444 boards 1 4 2 3 4 1112 2491 70 34 95.377388 feet5 1 4 2 3 5 1202 2493 39 32 95.377388 of5 1 4 2 3 6 1260 2494 141 33 59.917011 lumber.5 1 4 2 3 7 1423 2496 45 31 97.001694 In5 1 4 2 3 8 1476 2469 89 58 62.620071 that year T.R.’s lumber sales amounted to approximately $3,400,000, and the stated value of its assets was approximately $2,300,000. Included among such assets was a 10-year cutting contract relating to Georgia-Pacific Corpora- 994. __ FEDERAL TRADE COMMISSION DECISIONS Complaint — 81 BT.C, tion land; under the terms of which 100 million feet of timber remained to be cut by T-R.

Par. 58. In the course and conduct of its business prior td December 1967, as aforesaid, T-R. sold its products to purchasers located’ in various: States of ‘the United5 1 3 2 3 6 1350 796 113 44 96.899384 States5 1 3 2 3 7 1482 797 79 32 90.500305 ands 1 3 2 3 8 1568 798 123 32 90.500305 caused5 1 3 2 3 9 1710 798 82 41 96.366142 such5 1 3 2 3 10 1811 799 172 47 96.366142 products,5 1 3 2 3 11 2002 797 99 35 96.428879 when4 1 3 2 4 0 778 844 1321 58 -1 5 1 3 2 4 1 778 844 96 41 83.673996 sold;5 1 3 2 4 2 883 847 37 29 82.482254 to5 1 3 2 4 3 937 845 43 31 82.482254 be5 1 3 2 4 4 998 845 222 57 96.978821 transported5 1 3 2 4 5 1241 846 104 33 95.975693 from5 1 3 2 4 6 1354 847 45 32 87.639923 ‘its5 1 3 2 4 7 1420 838 163 43 95.010681 facilities5 1 3 2 4 8 1605 848 36 32 90.089455 in5 1 3 2 4 9 1661 842 178 47 90.089455 Arkansas5 1 3 2 4 10 1852 854 43 28 84.204712 ‘to5 1 3 2 4 11 1913 844 89 42 74.949539 such:5 1 3 2 4 12 2017 862 82 31 93.064819 pur-4 1 3 2 5 0 778 869 1322 75 -1 5 1 3 2 5 1 778 869 137 58 96.913422 chasers5 1 3 2 5 2 923 888 151 40 96.160744 located5 1 3 2 5 3 1066 904 37 24 96.895325 in5 1 3 2 5 4 1111 895 139 35 96.446518 various5 1 3 2 5 5 1262 898 97 42 96.971313 others 1 3 2 5 6 1369 898 115 44 96.703728 States5 1 3 2 5 7 1493 899 42 33 95.067833 of5 1 3 2 5 8 1543 899 59 32 95.067833 thes 1 3 2 5 9 1613 899 131 34 96.871620 United5 1 3 2 5 10 1756 899 123 34 96.482193 States.5 1 3 2 5 11 1889 899 45 43 96.560928 In5 1 3 2 5 12 1945 906 37 37 96.571419 so5 1 3 2 5 13 1994 901 106 43 96.917099 doing4 1 3 2 6 0 777 938 1322 80 -1 5 1 3 2 6 1 777 940 84 38 90.002319 T.R.5 1 3 2 6 2 875 954 78 24 90.129303 ‘was5 1 3 2 6 3 973 947 187 43 95.971375 engaged5 1 3 2 6 4 1148 957 45 23 96.866257 in5 1 3 2 6 5 1204 938 222 66 91.822784 “commerce,5 1 3 2 6 6 1428 950 77 43 56.018135 as5 1 3 2 6 7 1528 940 230 73 82.342552 “commerce”5 1 3 2 6 8 1766 950 45 54 86.965889 is5 1 3 2 6 9 1826 940 135 78 89.819595 defined5 1 3 2 6 10 1981 952 38 52 96.712952 in5 1 3 2 6 11 2040 953 59 55 97.019562 thea 1 3 2 7 0 777 986 668 80 -1 5 1 3 2 7 1 777 986 149 80 96.867302 Clayton5 1 3 2 7 2 934 997 79 42 94.233429 ‘Act,5 1 3 2 7 3 1024 1005 37 25 66.657356 a85 1 3 2 7 4 1069 992 179 40 75.313004 amiended:5 1 3 2 7 5 1427 1005 18 6 27.729355 a3 1 3 3 0 0 775 1003 1323 193 -1 4 1 3 3 1 0 799 1003 1299 99 -1 5 1 3 3 1 1 799 1047 103 33 47.668499 PAR.5 1 3 3 1 2 916 1050 56 30 42.610809 ‘59.5 1 3 3 1 3 991 1022 45 58 80.105019 Tn5 1 3 3 1 4 1055 1049 190 33 96.550720 December5 1 3 3 1 5 1261 1049 100 43 96.777466 1967;5 1 3 3 1 6 1373 1041 294 52 96.735077 Georgia-Pacific5 1 3 3 1 7 1687 1003 232 96 90.146034 Corporations 1 3 3 1 8 1939 1016 159 86 48.817200 acquired4 1 3 3 2 0 776 1076 1321 70 -1 5 1 3 3 2 1 776 1097 48 33 94.747917 all5 1 3 3 2 2 844 1091 52 39 88.988914 of5 1 3 3 2 3 902 1099 75 43 88.988914 thes 1 3 3 2 4 974 1100 115 32 94.639420 ‘assets5 1 3 3 2 5 1099 1101 47 31 94.128571 of5 1 3 3 2 6 1163 1097 164 46 69.653244 Tommy5 1 3 3 2 7 1334 1076 189 67 50.122978 Reynolds:5 1 3 3 2 8 1531 1103 150 41 96.587585 Lumber5 1 3 3 2 9 1696 1103 201 43 96.263863 Company5 1 3 3 2 10 1904 1103 59 34 96.667641 for5 1 3 3 2 11 1984 1100 113 45 96.811905 27,0804 1 3 3 3 0 773 1148 1245 65 -1 5 1 3 3 3 1 773 1148 119 33 73.784302 shares5 1 3 3 3 2 904 1139 56 43 73.784302 of5 1 3 3 3 3 961 1142 83 41 55.440735 G-P5 1 3 3 3 4 1060 1158 155 26 94.030930 common5 1 3 3 3 5 1229 1152 99 43 96.646614 stocks 1 3 3 3 6 1336 1152 130 33 92.018898 ‘valued5 1 3 3 3 7 1477 1156 39 29 92.018898 at5 1 3 3 3 8 1531 1148 276 65 42.284508 approximately5 1 3 3 3 9 1822 1153 196 42 81.541702 $1,547,000.3 1 3 4 0 0 773 1199 1336 305 -1 4 1 3 4 1 0 782 1199 1317 51 -1 5 1 3 4 1 1 782 1217 12 5 27.883362 ~5 1 3 4 1 2 817 1194 84 38 94.582230 Par.5 1 3 4 1 3 914 1202 48 31 93.179993 60.5 1 3 4 1 4 976 1195 212 49 87.359962 Subsequerit5 1 3 4 1 5 1199 1206 37 29 94.303413 to5 1 3 4 1 6 1244 1193 61 42 94.303413 thes 1 3 4 1 7 1315 1203 175 33 95.901299 aforesaid5 1 3 4 1 8 1500 1199 228 47 93.302589 acquisition,5 1 3 4 1 9 1727 1204 86 34 50.986977 G-P5 1 3 4 1 10 1824 1205 201 41 96.407990 abandoned5 1 3 4 1 11 2038 1206 61 44 96.676964 thea 1 3 4 2 0 775 1217 1321 81 -1 5 1 3 4 2 1 775 1217 140 66 28.132957 jumber5 1 3 4 2 2 928 1252 212 41 96.093536 operations5 1 3 4 2 3 1143 1256 53 28 67.200470 ‘at:5 1 3 4 2 4 1202 1253 200 43 17.121773 Hambuiig,5 1 3 4 2 5 1416 1252 186 35 93.575661 Arkansas.5 1 3 4 2 6 1624 1249 109 38 96.476173 Prior5 1 3 4 2 7 1747 1250 38 46 96.489845 to5 1 3 4 2 8 1800 1254 62 33 96.762863 thes 1 3 4 2 9 1884 1247 212 51 82.002609 acquisition,4 1 3 4 3 0 776 1301 1333 47 -1 5 1 3 4 3 1 776 1301 84 34 41.645775 G-P5 1 3 4 3 2 888 1302 71 33 94.881401 had5 1 3 4 3 3 988 1303 217 32 96.098900 constructed5 1 3 4 3 4 1230 1307 72 31 95.796761 two5 1 3 4 3 5 1331 1304 171 35 95.796761 softwood5 1 3 4 3 6 1531 1302 163 46 96.476791 plywood5 1 3 4 3 7 1716 1306 122 41 95.776581 plants5 1 3 4 3 8 1861 1307 57 41 50.755264 ‘at5 1 3 4 3 9 1926 1304 183 45 36.436275 Crossett;:4 1 3 4 4 0 774 1352 1323 46 -1 5 1 3 4 4 1 774 1347 187 39 80.809570 Arkansas:5 1 3 4 4 2 986 1354 86 32 91.174232 Thes 1 3 4 4 3 1078 1350 99 37 87.253113 T.R.5 1 3 4 4 4 1195 1345 219 53 83.675812 acquisitions 1 3 4 4 5 1405 1341 11 61 38.521408 :5 1 3 4 4 6 1423 1355 202 46 64.631432 facilitated’5 1 3 4 4 7 1643 1357 60 32 96.689514 thes 1 3 4 4 8 1724 1346 216 52 55.881344 utilization:5 1 3 4 4 9 1948 1357 51 32 74.290924 ‘of:5 1 3 4 4 10 2008 1358 89 42 87.030975 such4 1 3 4 5 0 773 1397 1322 81 -1 5 1 3 4 5 1 773 1403 134 41 93.830276 plants,5 1 3 4 5 2 916 1402 82 34 74.848625 ands 1 3 4 5 3 1003 1396 157 41 74.848625 ‘afforded5 1 3 4 5 4 1177 1410 115 28 96.183456 access5 1 3 4 5 5 1302 1409 46 30 88.440704 to5 1 3 4 5 6 1355 1407 134 62 94.475464 needed5 1 3 4 5 7 1504 1398 130 73 96.759445 timber5 1 3 4 5 8 1650 1406 158 70 93.574883 supplies5 1 3 4 5 9 1821 1407 69 38 92.495575 for,5 1 3 4 5 10 1902 1408 87 70 95.241730 these5 1 3 4 5 11 2007 1397 88 73 76.324165 soft4 1 3 4 6 0 774 1449 622 75 -1 5 1 3 4 6 1 774 1454 103 67 95.864662 woods 1 3 4 6 2 854 1521 3 3 60.272530 d5 1 3 4 6 3 890 1451 155 72 94.168114 plywood5 1 3 4 6 4 1055 1449 176 69 56.859509 facilities.5 1 3 4 6 5 1258 1449 82 67 17.977600 —5 1 3 4 6 6 1310 1459 86 5 11.358932 hs2 1 4 0 0 0 1012 1512 859 108 -1 3 1 4 1 0 0 1012 1512 859 108 -1 4 1 4 1 1 0 1012 1512 859 108 -1 5 1 4 1 1 1 1012 1518 100 62 44.289940 “Thes 1 4 1 1 2 1132 1523 133 58 17.030548 Urania5 1 4 1 1 3 1291 1519 158 63 81.442184 Lumber:5 1 4 1 1 4 1467 1512 200 104 95.290268 Company,5 1 4 1 1 5 1678 1518 156 102 92.205070 Limited5 1 4 1 1 6 1869 1535 2 2 39.765579 |2 1 5 0 0 0 766 1608 1360 1084 -1 3 1 5 1 0 0 771 1608 1326 268 -1 4 1 5 1 1 0 793 1608 1304 66 -1 5 1 5 1 1 1 793 1611 106 51 61.484238 Par.5 1 5 1 1 2 924 1618 48 44 80.344849 61.5 1 5 1 1 3 990 1613 108 50 95.471321 Prior5 1 5 1 1 4 1119 1635 35 29 95.471321 to5 1 5 1 1 5 1165 1611 81 54 85.405960 ands 1 5 1 1 6 1263 1609 94 56 71.889618 until5 1 5 1 1 7 1381 1614 200 60 96.473679 September5 1 5 1 1 8 1602 1614 92 60 96.842903 1968,5 1 5 1 1 9 1715 1608 57 58 96.953621 thes 1 5 1 1 10 1793 1629 134 39 96.656906 Urania5 1 5 1 1 11 1938 1618 159 49 96.172859 Lumber4 1 5 1 2 0 774 1660 1322 66 -1 5 1 5 1 2 1 774 1680 191 42 70.146667 Cempany,5 1 5 1 2 2 987 1681 161 42 96.323227 Limited,5 1 5 1 2 3 1171 1684 191 32 96.147995 sometimes5 1 5 1 2 4 1384 1684 213 32 96.147995 hereinafter5 1 5 1 2 5 1618 1660 93 57 96.525978 refers 1 5 1 2 6 1714 1685 58 31 95.702728 reds 1 5 1 2 7 1793 1689 37 28 95.702728 to5 1 5 1 2 8 1852 1696 36 21 96.342834 as5 1 5 1 2 9 1909 1685 187 41 95.476959 “Urania,”4 1 5 1 3 0 773 1704 1323 76 -1 5 1 5 1 3 1 773 1741 69 22 95.839882 was5 1 5 1 3 2 862 1742 20 21 95.474785 a5 1 5 1 3 3 900 1733 218 41 95.474785 corporations 1 5 1 3 4 1137 1704 195 76 96.809456 organized,5 1 5 1 3 5 1351 1734 159 42 96.206039 existing,5 1 5 1 3 6 1530 1737 69 30 96.206039 ands 1 5 1 3 7 1617 1735 107 42 96.656921 doing5 1 5 1 3 8 1741 1736 152 31 96.321800 business5 1 5 1 3 9 1912 1736 107 32 96.245262 under5 1 5 1 3 10 2037 1737 59 30 96.245262 thea 1 5 1 4 0 772 1781 1323 47 -1 5 1 5 1 4 1 772 1781 84 33 96.762016 laws5 1 5 1 4 2 875 1782 39 32 96.762016 of5 1 5 1 4 3 932 1783 59 32 96.148605 thes 1 5 1 4 4 1009 1783 102 41 96.558891 States 1 5 1 4 5 1126 1784 38 31 96.736351 of5 1 5 1 4 6 1183 1784 186 33 96.191185 Louisiana5 1 5 1 4 7 1388 1785 86 32 96.869995 with5 1 5 1 4 8 1492 1786 45 32 96.339256 its5 1 5 1 4 9 1556 1787 90 31 96.339256 offices 1 5 1 4 10 1665 1786 68 32 96.433189 ands 1 5 1 4 11 1752 1786 172 42 96.433189 principals 1 5 1 4 12 1942 1787 96 40 96.541283 places 1 5 1 4 13 2055 1787 40 32 96.787338 of4 1 5 1 5 0 771 1830 703 46 -1 5 1 5 1 5 1 771 1832 152 34 96.138214 business5 1 5 1 5 2 934 1834 131 32 96.496666 located5 1 5 1 5 3 1076 1839 36 27 96.921005 at5 1 5 1 5 4 1122 1835 146 41 96.606956 Urania,5 1 5 1 5 5 1278 1830 196 39 94.830093 Louisiana.3 1 5 2 0 0 768 1884 1358 299 -1 4 1 5 2 1 0 814 1884 1279 45 -1 5 1 5 2 1 1 814 1884 83 32 95.813545 Par.5 1 5 2 1 2 916 1887 48 29 96.264496 62.5 1 5 2 1 3 982 1885 136 33 96.239677 Urania5 1 5 2 1 4 1133 1896 69 22 96.239677 was5 1 5 2 1 5 1218 1887 155 41 96.254616 engaged5 1 5 2 1 6 1387 1887 37 32 96.254616 in5 1 5 2 1 7 1439 1887 59 32 96.619637 thes 1 5 2 1 8 1513 1887 205 42 96.114769 productions 1 5 2 1 9 1733 1888 69 32 96.516380 ands 1 5 2 1 10 1816 1888 70 32 96.539032 sales 1 5 2 1 11 1900 1888 39 32 96.413490 of5 1 5 2 1 12 1953 1888 140 32 96.407722 lumber.4 1 5 2 2 0 772 1933 1323 48 -1 5 1 5 2 2 1 772 1933 43 33 97.005157 In5 1 5 2 2 2 836 1935 59 31 96.345566 thes 1 5 2 2 3 914 1946 82 31 96.635925 years 1 5 2 2 4 1015 1936 186 42 96.754227 preceding5 1 5 2 2 5 1222 1937 44 32 96.441917 its5 1 5 2 2 6 1287 1937 203 41 96.183464 acquisitions 1 5 2 2 7 1510 1938 46 42 93.266342 by5 1 5 2 2 8 1577 1938 94 41 78.361092 G-P,5 1 5 2 2 9 1691 1938 134 34 96.386269 Urania5 1 5 2 2 10 1845 1939 172 42 93.219429 produced5 1 5 2 2 11 2036 1950 59 31 92.469742 ap-4 1 5 2 3 0 768 1986 1327 46 -1 5 1 5 2 3 1 768 1986 229 43 96.333321 proximately5 1 5 2 3 2 1018 1989 187 39 96.623405 25,281,0005 1 5 2 3 3 1224 1989 108 31 96.411583 boards 1 5 2 3 4 1354 1989 71 32 96.142792 feet5 1 5 2 3 5 1444 1989 39 32 96.907623 of5 1 5 2 3 6 1502 1989 141 34 96.384178 lumber.5 1 5 2 3 7 1665 1990 44 31 96.384178 In5 1 5 2 3 8 1728 1990 77 32 95.198746 that5 1 5 2 3 9 1824 2001 90 31 93.298798 year,5 1 5 2 3 10 1934 1989 161 34 92.304703 Urania’s4 1 5 2 4 0 768 2035 1326 47 -1 5 1 5 2 4 1 768 2035 132 33 95.981354 lumber5 1 5 2 4 2 922 2037 86 32 95.981354 sales5 1 5 2 4 3 1032 2038 183 32 96.783821 amounted5 1 5 2 4 4 1237 2042 37 37 96.295570 to5 1 5 2 4 5 1296 2040 277 42 96.640442 approximately5 1 5 2 4 6 1594 2040 197 41 96.402428 $2,200,000,5 1 5 2 4 7 1815 2040 67 32 96.377159 ands 1 5 2 4 8 1903 2036 60 37 96.377159 thes 1 5 2 4 9 1982 2040 112 32 96.854950 stated4 1 5 2 5 0 772 2087 1354 47 -1 5 1 5 2 5 1 772 2087 100 32 96.388107 values 1 5 2 5 2 895 2087 39 32 96.551277 of5 1 5 2 5 3 956 2088 45 32 96.852287 its5 1 5 2 5 4 1024 2092 105 29 96.744377 assets5 1 5 2 5 5 1152 2100 69 21 96.478279 was5 1 5 2 5 6 1244 2089 276 45 96.416534 approximately5 1 5 2 5 7 1543 2090 216 41 95.378708 $42,422,200.5 1 5 2 5 8 1784 2091 167 32 96.278381 Included5 1 5 2 5 9 1973 2102 126 32 96.219963 among5 1 5 2 5 10 2124 2127 2 2 85.553001 |4 1 5 2 6 0 769 2138 1265 45 -1 5 1 5 2 6 1 769 2138 83 32 96.927399 such5 1 5 2 6 2 868 2142 106 29 96.629478 assets5 1 5 2 6 3 992 2151 86 20 96.281441 were5 1 5 2 6 4 1096 2140 277 43 96.377876 approximately5 1 5 2 6 5 1392 2143 134 38 85.336655 130,0005 1 5 2 6 6 1543 2152 91 21 96.891167 acres5 1 5 2 6 7 1651 2142 40 31 97.005287 of5 1 5 2 6 8 1707 2141 79 42 93.301163 pines 1 5 2 6 9 1802 2142 232 32 91.502930 timberlands.3 1 5 3 0 0 769 2189 1326 348 -1 4 1 5 3 1 0 815 2189 1279 45 -1 5 1 5 3 1 1 815 2189 82 32 95.941109 Par.5 1 5 3 1 2 912 2192 49 29 87.996765 63.5 1 5 3 1 3 976 2190 44 31 96.925026 In5 1 5 3 1 4 1030 2190 59 32 96.979408 thes 1 5 3 1 5 1101 2201 118 22 96.396599 courses 1 5 3 1 6 1231 2192 69 32 96.396599 ands 1 5 3 1 7 1312 2191 147 33 54.303699 conducts 1 5 3 1 8 1468 2192 40 32 54.303699 of5 1 5 3 1 9 1520 2191 45 38 96.890717 its5 1 5 3 1 10 1577 2191 153 33 96.984734 business5 1 5 3 1 11 1741 2192 97 41 96.562950 prior5 1 5 3 1 12 1849 2196 36 28 95.832565 to5 1 5 3 1 13 1897 2192 197 42 96.861107 September4 1 5 3 2 0 771 2240 1324 45 -1 5 1 5 3 2 1 771 2241 92 39 96.638573 1968,5 1 5 3 2 2 883 2251 37 21 96.344093 as5 1 5 3 2 3 940 2240 184 41 96.694809 aforesaid,5 1 5 3 2 4 1143 2241 137 34 96.182930 Urania5 1 5 3 2 5 1297 2242 75 33 95.950531 sold5 1 5 3 2 6 1391 2243 45 32 95.950531 its5 1 5 3 2 7 1455 2243 163 41 96.702156 products5 1 5 3 2 8 1635 2246 38 29 96.690109 to5 1 5 3 2 9 1690 2243 200 42 96.521606 purchasers5 1 5 3 2 10 1908 2244 131 31 96.643997 located5 1 5 3 2 11 2057 2243 38 32 96.965775 in4 1 5 3 3 0 771 2290 1324 45 -1 5 1 5 3 3 1 771 2290 138 33 96.514442 various5 1 5 3 3 2 928 2291 115 34 96.624336 States5 1 5 3 3 3 1060 2292 40 32 96.276367 of5 1 5 3 3 4 1117 2292 58 32 96.702156 thes 1 5 3 3 5 1195 2292 131 34 96.593971 United5 1 5 3 3 6 1346 2292 114 34 96.840942 States5 1 5 3 3 7 1478 2294 70 32 96.934189 ands 1 5 3 3 8 1566 2294 122 32 96.350990 caused5 1 5 3 3 9 1707 2294 81 32 96.817108 such5 1 5 3 3 10 1807 2294 171 41 96.595627 products,5 1 5 3 3 11 1997 2295 98 31 96.503716 when4 1 5 3 4 0 769 2342 1324 43 -1 5 1 5 3 4 1 769 2342 86 41 96.510742 sold,5 1 5 3 4 2 871 2346 36 28 96.851059 to5 1 5 3 4 3 922 2342 40 32 96.798126 be5 1 5 3 4 4 976 2343 220 41 96.662689 transported5 1 5 3 4 5 1212 2343 91 33 96.439034 from5 1 5 3 4 6 1319 2343 44 33 96.439034 its5 1 5 3 4 7 1378 2343 163 34 96.222008 facilities5 1 5 3 4 8 1555 2348 37 29 96.370926 at5 1 5 3 4 9 1606 2344 144 41 96.556305 Urania,5 1 5 3 4 10 1763 2344 186 33 95.135399 Louisiana5 1 5 3 4 11 1961 2349 36 28 95.741302 to5 1 5 3 4 12 2010 2346 83 31 95.741302 such4 1 5 3 5 0 769 2391 1324 43 -1 5 1 5 3 5 1 769 2393 202 41 96.377022 purchasers5 1 5 3 5 2 987 2391 132 35 96.289734 located5 1 5 3 5 3 1135 2394 37 31 96.826508 in5 1 5 3 5 4 1188 2394 139 33 96.579613 various5 1 5 3 5 5 1342 2395 98 32 96.699081 others 1 5 3 5 6 1456 2395 115 33 96.768585 States5 1 5 3 5 7 1579 2394 45 33 96.754860 of5 1 5 3 5 8 1639 2396 58 32 96.994370 thes 1 5 3 5 9 1712 2395 131 35 96.649948 United5 1 5 3 5 10 1859 2395 121 33 96.666344 States.5 1 5 3 5 11 1997 2397 43 31 96.800186 In5 1 5 3 5 12 2054 2406 39 22 96.995056 so4 1 5 3 6 0 770 2443 1325 45 -1 5 1 5 3 6 1 770 2443 107 42 95.842010 doing5 1 5 3 6 2 896 2444 134 34 96.850616 Urania5 1 5 3 6 3 1049 2455 69 22 96.345261 was5 1 5 3 6 4 1135 2445 155 42 96.275482 engaged5 1 5 3 6 5 1309 2445 37 32 95.611267 in5 1 5 3 6 6 1363 2445 237 43 95.611267 “commerce,”5 1 5 3 6 7 1618 2457 37 22 96.515823 as5 1 5 3 6 8 1672 2446 224 33 95.737999 “commerce”5 1 5 3 6 9 1914 2446 30 33 96.481636 is5 1 5 3 6 10 1961 2446 134 33 96.762917 defined4 1 5 3 7 0 769 2494 585 43 -1 5 1 5 3 7 1 769 2494 37 33 96.339958 in5 1 5 3 7 2 815 2495 59 32 96.339958 thes 1 5 3 7 3 885 2495 149 42 96.459503 Clayton5 1 5 3 7 4 1043 2496 78 40 95.363670 Act,5 1 5 3 7 5 1131 2507 38 21 95.363670 as5 1 5 3 7 6 1179 2497 175 32 96.178108 amended.3 1 5 4 0 0 766 2546 1329 146 -1 4 1 5 4 1 0 814 2546 1281 44 -1 5 1 5 4 1 1 814 2546 82 32 95.925873 Par.5 1 5 4 1 2 915 2548 49 30 96.255280 64.5 1 5 4 1 3 982 2547 44 31 94.633415 In5 1 5 4 1 4 1043 2547 147 33 96.090065 October5 1 5 4 1 5 1208 2547 91 40 96.467079 1967,5 1 5 4 1 6 1316 2547 294 43 95.792053 Georgia-Pacific5 1 5 4 1 7 1625 2548 231 42 96.592407 Corporations 1 5 4 1 8 1872 2548 158 41 96.170021 acquired5 1 5 4 1 9 2047 2548 48 32 95.361137 all4 1 5 4 2 0 770 2596 1325 44 -1 5 1 5 4 2 1 770 2596 39 32 96.816483 of5 1 5 4 2 2 822 2596 59 33 96.329163 thes 1 5 4 2 3 895 2598 94 31 96.329163 stocks 1 5 4 2 4 1004 2598 69 31 96.856819 ands 1 5 4 2 5 1087 2601 104 28 96.439964 assets5 1 5 4 2 6 1205 2598 39 32 91.716927 of5 1 5 4 2 7 1258 2599 196 39 91.716927 Edenborn,5 1 5 4 2 8 1469 2599 83 40 93.049072 Inc.,5 1 5 4 2 9 1566 2610 19 20 96.954041 a5 1 5 4 2 10 1597 2598 185 33 96.576500 Louisiana5 1 5 4 2 11 1796 2599 228 41 96.733032 corporation,5 1 5 4 2 12 2036 2599 59 33 96.982788 fora 1 5 4 3 0 766 2648 1325 44 -1 5 1 5 4 3 1 766 2648 275 43 95.976341 approximately5 1 5 4 3 2 1068 2649 218 41 96.510582 $12,000,000.5 1 5 4 3 3 1315 2650 73 32 96.541252 Thes 1 5 4 3 4 1415 2650 174 42 96.081665 principals 1 5 4 3 5 1617 2653 88 29 96.419052 assets 1 5 4 3 6 1730 2650 39 32 93.297394 of5 1 5 4 3 7 1796 2650 196 40 92.133591 Edenborn,5 1 5 4 3 8 2020 2651 71 32 83.491760 Ine. *, GEORGIA-PACIFIC CORPORATION; Bo 995;

984 Complaint:

- was a 80 percent. ownership ‘in the outstanding capital stock of the Urania Lumber. Company, Limited.

Par. 65. In September 1968, Georgia-Pacific: Corporation acquired the remaining outstanding stock and assets of the Urania ‘Lumber. Company, Limited for approximately $34,122,200. ; Par. 66. Subsequent to the aforesaid acquisition of ‘Urania, GP abandoned the lumber operation at Urania; Louisiana and constructed a plant for the production of softwood plywood. Such plant had an — original annual capacity to produce 140 million square feet of softwood: plywood. Such plant will be supplied, at least.in substantial part, with: timber acquired in the aforesaid acquisition of Urania.» : - Sledge Lumber Corporation | _ Par. 67. Prior to and until April. 1969, Sledge Lumber Corporation, sometimes hereinafter referred. to as “Sledge,” was. a corporation. organized, existing and doing business under the laws of the State of, North Carolina. with its office and. principal place, of business located , at Whiteville, North Carolina. _ .

Par. 68. Sledge was. engaged i in the production’ and sale of’ lumber. : In the year preceding its acquisition by. G-P, ‘Sledge produced ap- . proximately 15,000,000 board feet. of lumber. In that year Sledge’s lumber sales amounted to approximately $1,625,000, and the stated value of its assets was approximately $7,070,000. Included among such assets were approximately 20,000 acres of forested timberlands. Par. 69. In the course and conduct of its business prior to April 1969, as aforesaid, Sledge sold its products to purchasers located in various States of the United States and caused such products, when sold, to be transported from its facilities in North Carolina to such purchasers located in various other States of the United States. In so. doing Sledge was engaged in “commerce,” as “commerce” is defined in the Clayton Act, as amended.

Par. 70. In April 1969, Georgia-Pacific Corporation acquired all of the assets of Sledge Lumber Corporation for approximately $6,985,000. Par. 71. Subsequent to the aforesaid acquisition, G-P commenced the construction of a plant for the production of softwood plywood in Whiteville, North Carolina. Such plant with an original annual capacity to produce 110 million square feet of softwood plywood is scheduled to begin production in 1971. Such plant ‘will be supplied, at least in substantial part, with timber acquired in the aforesaid acquisition of Sledge.

996 FEDERAL’ TRADE COMMISSION ‘DECISIONS Complaint 81 FTC.

Reynolds & Draper Lumber Company’ Par. 72. Prior to and until August. 1969, Reynold & Draper Lumber Company, sometimes hereinafter referred to.as “Reynolds.& Draper,” was a corporation organized, existing, and: doing business. under the. laws of the State of Arkansas’ with its office, and principal place of - business located at El Dorado, Arkansas... Par. 73. Reynolds & Draper was. engaged i inthe production and, sale, of lumber. In the year preceding its.acquisition by G—P, Reynolds & Draper produced approximately 44;700,000 board feet of lumber. In. that year Reynolds & Draper’s lumber: sales’ amounted. to approxi-. mately $4,286,000, and the stated value of its assets was approximately $3,400,000. Included among. such ‘assets ‘were approximately 10,000 acres of pine timberland.

Par. 74, In the course and conduct of its business prior to August 1969, as aforesaid, Reynolds & Draper sold its products to purchasers | located i in various ‘States of the United States and caused, such prod-. ucts, when sold, to be transported from its facilities i in Arkansas: to such purchasers located in various other States of the United States. © Tn so doing Reynolds & Draper. was engaged i in “commerce,’ as “comimerce” is defined in the Clayton Act, as amended. — - Par. 75. In August 1969, Georgia-Pacific Corporation acquired all of the assets of Reynolds & ‘Draper Lumber Company for 49,008 shares of Georgia-Pacific common stock valued at approximately $2, 450,000. Par. 76. Subsequent to the aforesaid acquisition, G-P commenced the construction of a plant for the production of softwood plywood at_ New Waverly, Texas. Such plant with an original annual capacity to produce approximately 140,000,000 square feet of softwood plywood is scheduled to begin production in early 1971. Such plant will be supplied, at least in substantial part, with timber acquired in the aforesaid acquisition of Reynolds & Draper.

Reynolds-Wilson Lumber Company Par. 77. Prior to and until August 1969, Reynolds-Wilson Lumber Company, sometimes hereinafter referred to as “Reynolds-Wilson,” was a corporation organized, existing and doing business under the laws of the State of Texas with its office and principal place of business located at Corrigan, Texas.

Par. 78. Reynolds-Wilson was engaged i in the production and sale of lumber. In the year preceding its acquisition by G-P, Reynolds- Wilson produced approximately 53,800,000 board feet of lumber. In that year Reynolds-Wilson’s lumber sales amounted to approximately ° GEORGIA-PACIFIC CORPORATION... 997 | 984 Complaint » . $5,113,000, .and -the stated--value .of..its assets..was. approximately. $6,154,000. Included. among such assets.were. approximately 9,000:acres of pine timberland... Sw a .

Par. 79. In the course and conduct of its business prior to August 1969, as. aforesaid, Reynolds-Wilson sold its products to purchasers located in various States of the United States and caused such products, when sold, to be transported from its facilities in Texas to such purchasers. located.in various-other States of the United States. In so doing Reynolds-Wilson was. engaged in “commerce,” as “commerce” is defined in the Clayton Act, as amended. a Par. 80..In. August 1969, Georgia-Pacific Corporation acquired all of the assets of Reynolds- Wilson Lumber Company for approximately 89,820 shares of Georgia-Pacific common stock valued at approximately $4,491,000.

Par. 81. Subsequent: to the aforesaid acquisition G—P commenced the construction ‘of a plant for the production of softwood plywood at New Waverly, Texas. Such plant with an original annual capacity to produce 140,000,000 square feet of softwood plywood. is scheduled to begin production in early 1971. Such plant will be supplied, at least in substantial part, with timber acquired in the aforesaid acquisition of Reynolds-Wilson. _ ADVERSE COMPETITIVE EFFECTS Par. 82. The cumulative effect of the aforesaid acquisitions by Georgia-Pacific Corporation of the stock and assets of Fordyce Lumber Company; American Timber Products Company; Jeffreys, Spaulding Manufacturing Company, Incorporated; Spaulding Lumber Company, Incorporated; Barrow Manufacturing Company; Barrow Land & Timber Company; Reynolds & Manley Lumber Company; Williams Furniture Corporation; Southern Coatings and Chemical Company ; Tommy Reynolds Lumber Company; the Urania Lumber Company, Limited; Sledge Lumber Corporation; Reynolds & Draper Lumber Company and Reynolds-Wilson Lumber Company may be substantially to lessen competition or to tend to create a monopoly in the manufacture and sale of softwood plywood in the United States as a whole in the following ways, among others: (a) Potential competition between G-P and the aforesaid corporations acquired by it has been eliminated ; (b) Potential competition among and between the aforesaid corporations acquired by G-P has been eliminated ; (c) The dominant position of G-P has been enhanced and may be further enhanced ;

998 , FEDERAL “PRADE ‘COMMISSION’ DECISIONS ‘Comiplaint 81 FTC.

dy An industry trend toward. scecianameneerned has been. aceelerated “and may be further aceelerated 3 °°"

(e) The degree of concentration has been increased and | may be further increased ;' (f) The entry. of new competitive entities has been and may continue to be made more difficult ;

(g) The actual: and potential competitive power of G-P has been enhanced to the point where it threatens the existence of a significant competitive segment of the industry structure; (h) The availability of southern pine timber bases suitable to sup- : port long term production of softwood plywood has been substantially decreased.

THE NATURE OF THE VIOLATION - Par. 83. The acquisition by: Georgia-Pacific Corporation of the ‘stock and assets of the aforesaid corporations together with the cumula- . -tive.effect thereof.as. hereinbefore. alleged in this. Count I.constitute.a ‘violation of Section a of the ‘Clayton Act aU S.C. Title 15, Section 18), as. amended.

: COUNT. II DEFINITIONS Par. 84. The allegations set forth in Paragraph 1 of Count I are hereby incorporated by reference and made a part of Count IT as if fully rewritten herein.

THE RESPONDENT Par. 85. The allegations set forth in Paragraphs 2 through 12, inclusive, of Count I are hereby incorporated by reference and made a part of Count IL as if fully rewritten herein. THE NATURE OF TRADE AND COMMERCE Par. 86. The allegations set forth in Paragraphs 13 through 22, inclusive, of Count I are hereby incorporated by reference and made a part of Count IT asif fully rewritten herein. THE ACQUISITIONS Fordyce Lumber Company Par. 87. The allegations set forth in Paragraphs 23, 94, 26, and 27 of Count I are hereby incorporated by reference and made a part of Count IL asif fully rewritten herein.

.. GEORGIA-PACIFIC CORPORATION — 999 984 . Complaint Par. 88, A. substantial part, if not all, of the assets obtained by G-P in the Fordyce acquisition became a part of the interstate business of G—P and were used for the benefit and enhancement of interstate operations... .

American Timber Products Company Par. 89. The allegations set forth in Paragraphs 28, 29, 31 and 32. of Count I are hereby incorporated by reference and made a part of Count IL asif fully rewritten herein, Par. 90. A substantial part, if not all, of the assets obtaimed by G-P in the American Timber acquisition became a part of the interstate business of G—P and were used for the benefit and enhancement of its interstate operations.

_ Jeffreys, Spaulding Manufacturing Company, Incorporated and Spaulding Lumber Company, Incorporated Par. 91. The allegations set forth in Paragraphs 33, 34, 35,.37,and 88 of Count-I are hereby incorporated by .reference and made a. . part of Count II asif fully rewritten herein.

Par. 92: A substantial part, if not all, of the assets obtained by G-P in the Jeffreys acquisition and in the Spaulding acquisition became a part of the interstate business of G-P and were used for the benefit and enhancement of its interstate operations. Barrow Manufacturing Company and Barrow Land & Timber Company Par. 93. The allegations set forth in Paragraphs 39, 40, 41, 43 and 44 of Count I are hereby incorporated by reference and made a part of Count IT as if fully rewritten herein. Par. 94. A substantial part, if not all, of the assets obtained by G-P in the Barrow acquisition and in the Barrow Land acquisition became a part of the interstate business of G-P and were used for the benefit and enhancement of its interstate operations. Reynolds & Manley Lumber Company Par. 95. The allegations set forth in Paragraphs 45, 46, 48 and 49 of the Count I are hereby incorporated by reference and made a part of Count IT asif fully rewritten herein.

Par. 96. A’ substantial part, if not all, of the assets obtained by G-P in the Reynolds & Manley acquisition became a part of the interstate business of G—P and were used for the benefit and enhancement of its interstate operations.

1000 FEDERAL TRADE COMMISSION ‘DECISIONS Williams Furniture Corporation and. Southern Coatings and Chemical _ Company Par. 97. Thes 1 3 1 1 4 1058 672 203 73 93.850418 allegations5 1 3 1 1 5 1272 675 54 59 65.709030 sat5 1 3 1 1 6 1335 677 96 58 93.298103 forth5 1 3 1 1 7 1449 684 16 23 63.895519 j5 1 3 1 1 8 1451 697 42 50 96.516479 in5 1 3 1 1 9 1508 659 216 88 76.058426 Paragraphs5 1 3 1 1 10 1747 672 52 71 92.474487 50,5 1 3 1 1 11 1816 697 51 50 95.652847 51,5 1 3 1 1 12 1876 677 63 66 65.676872 525 1 3 1 1 13 1951 704 39 31 96.896080 545 1 3 1 1 14 2006 704 69 33 95.001038 anda 1 3 1 2 0 751 722 1324 78 -1 5 1 3 1 2 1 751 757 39 31 95.836807 555 1 3 1 2 2 807 755 40 33 95.508774 of5 1 3 1 2 3 862 755 115 33 96.634201 Counts 1 3 1 2 4 993 755 20 33 96.962624 I5 1 3 1 2 5 1030 765 59 29 96.815926 ares 1 3 1 2 6 1104 753 139 44 94.484909 hereby5 1 3 1 2 7 1247 752 245 42 76.735687 incorporated:5 1 3 1 2 8 1501 752 51 43 79.956184 by5 1 3 1 2 9 1567 752 182 32 79.956184 reference:5 1 3 1 2 10 1757 726 70 58 96.542923 ands 1 3 1 2 11 1842 722 100 78 90.034988 made5 1 3 1 2 12 1959 764 20 21 87.703308 a5 1 3 1 2 13 1995 758 80 38 96.618820 part4 1 3 1 3 0 751 803 730 44 -1 5 1 3 1 3 1 751 806 40 31 96.314148 of5 1 3 1 3 2 799 805 117 34 96.314148 Counts 1 3 1 3 3 925 806 41 32 72.311188 IT5 1 3 1 3 4 977 804 78 35 84.927689 asif5 1 3 1 3 5 1066 800 92 47 96.935432 fully5 1 3 1 3 6 1168 804 177 33 96.947212 rewritten5 1 3 1 3 7 1353 803 128 34 95.911201 herein.3 1 3 2 0 0 751 839 1344 210 -1 4 1 3 2 1 0 781 839 1297 60 -1 5 1 3 2 1 1 781 850 98 38 45.810432 “Par.5 1 3 2 1 2 894 851 50 37 92.006493 98.5 1 3 2 1 3 959 856 35 32 92.006493 A5 1 3 2 1 4 1007 854 207 34 96.005302 substantial5 1 3 2 1 5 1226 857 91 40 96.005302 part,5 1 3 2 1 6 1329 854 40 35 93.250488 if5 1 3 2 1 7 1373 857 63 42 93.250488 not5 1 3 2 1 8 1447 854 59 40 96.123344 all,5 1 3 2 1 9 1509 851 51 35 97.013016 of5 1 3 2 1 10 1574 839 184 47 34.164932 the'assets5 1 3 2 1 11 1762 839 161 60 96.949310 obtained5 1 3 2 1 12 1930 848 51 52 89.059235 by5 1 3 2 1 13 1989 849 89 47 89.059235 G-P4 1 3 2 2 0 751 892 1326 64 -1 5 1 3 2 2 1 751 906 38 33 96.588196 in5 1 3 2 2 2 811 908 60 31 96.459618 thes 1 3 2 2 3 893 913 135 41 96.716087 mergers 1 3 2 2 4 1051 905 85 40 96.790123 with5 1 3 2 2 5 1158 904 186 40 67.500946 Williams5 1 3 2 2 6 1348 895 79 43 86.354271 ands 1 3 2 2 7 1449 903 183 42 95.545624 Southern.5 1 3 2 2 8 1646 897 135 41 96.120621 became5 1 3 2 2 9 1807 903 20 33 96.157074 a5 1 3 2 2 10 1850 892 97 64 57.276878 part.5 1 3 2 2 11 1951 902 44 48 96.380676 of5 1 3 2 2 12 2017 907 60 32 96.380676 thea 1 3 2 3 0 752 943 1343 79 -1 5 1 3 2 3 1 752 956 178 34 96.718613 interstate5 1 3 2 3 2 942 952 154 38 96.989044 business5 1 3 2 3 3 1111 956 40 33 93.289375 of5 1 3 2 3 4 1165 956 85 34 77.273567 G—P5 1 3 2 3 5 1266 956 68 45 95.930984 ands 1 3 2 3 6 1349 966 95 33 89.601990 were:5 1 3 2 3 7 1444 949 89 63 57.946358 used5 1 3 2 3 8 1544 956 77 66 61.849503 for5 1 3 2 3 9 1618 951 67 55 96.991074 thes 1 3 2 3 10 1685 954 132 63 95.130280 benefits 1 3 2 3 11 1830 950 71 67 96.865715 ands 1 3 2 3 12 1912 943 163 76 87.955841 enhance-4 1 3 2 4 0 751 999 610 69 -1 5 1 3 2 4 1 751 1007 94 58 95.104431 ments 1 3 2 4 2 853 1000 46 65 96.960503 of5 1 3 2 4 3 908 1007 49 61 92.009422 its5 1 3 2 4 4 964 1007 180 58 95.499268 interstate5 1 3 2 4 5 1155 999 206 63 96.544556 operations.2 1 4 0 0 0 1035 1055 724 108 -1 3 1 4 1 0 0 1035 1055 724 108 -1 4 1 4 1 1 0 1035 1055 724 108 -1 5 1 4 1 1 1 1035 1076 188 66 40.995079 Tommy5 1 4 1 1 2 1233 1056 217 84 69.464066 Reynolds5 1 4 1 1 3 1416 1055 160 92 54.211769 Taunber5 1 4 1 1 4 1578 1076 181 87 96.885628 Company2 1 5 0 0 0 754 1151 1349 413 -1 3 1 5 1 0 0 754 1151 1346 177 -1 4 1 5 1 1 0 794 1151 1296 80 -1 5 1 5 1 1 1 794 1160 84 57 79.540749 Par.5 1 5 1 1 2 896 1186 49 37 95.976578 99.5 1 5 1 1 3 969 1184 75 34 95.976578 Thes 1 5 1 1 4 1060 1183 205 44 96.609665 allegations5 1 5 1 1 5 1280 1187 51 29 96.146378 sets 1 5 1 1 6 1347 1182 124 34 96.146378 forth5 1 5 1 1 7 1462 1194 37 21 94.864082 in5 1 5 1 1 8 1516 1157 224 74 96.708611 Paragraphs5 1 5 1 1 9 1756 1162 52 69 96.282227 56,5 1 5 1 1 10 1826 1151 49 73 48.744694 Bt,5 1 5 1 1 11 1894 1184 38 32 96.813316 595 1 5 1 1 12 1951 1184 69 32 96.110382 ands 1 5 1 1 13 2036 1184 54 33 37.677032 60.4 1 5 1 2 0 756 1204 1325 89 -1 5 1 5 1 2 1 756 1224 48 42 63.089973 of5 1 5 1 2 2 803 1235 169 40 63.089973 Count-I5 1 5 1 2 3 980 1245 58 30 96.267509 ares 1 5 1 2 4 1052 1235 133 47 96.913269 hereby5 1 5 1 2 5 1198 1233 253 52 96.560913 incorporated5 1 5 1 2 6 1456 1233 46 42 96.560913 by5 1 5 1 2 7 1519 1229 174 64 96.942993 references 1 5 1 2 8 1709 1233 68 45 96.007042 ands 1 5 1 2 9 1792 1204 112 75 64.360954 made:5 1 5 1 2 10 1909 1244 19 22 87.393250 a5 1 5 1 2 11 1945 1237 83 38 95.158363 parts 1 5 1 2 12 2041 1235 40 31 96.186623 of4 1 5 1 3 0 754 1284 1346 44 -1 5 1 5 1 3 1 754 1272 117 47 96.802040 Counts 1 5 1 3 2 879 1286 41 31 79.009727 II5 1 5 1 3 3 931 1285 79 33 71.175308 asif5 1 5 1 3 4 1019 1285 92 43 96.998421 fully5 1 5 1 3 5 1121 1280 177 40 96.002495 rewritten5 1 5 1 3 6 1303 1277 130 53 20.205917 herein.3 1 5 2 0 0 757 1300 1346 230 -1 4 1 5 2 1 0 794 1300 1285 83 -1 5 1 5 2 1 1 794 1335 83 33 95.700699 Par.5 1 5 2 1 2 900 1337 70 31 95.751747 100.5 1 5 2 1 3 991 1336 34 32 96.427216 A5 1 5 2 1 4 1047 1330 206 38 96.119392 substantial5 1 5 2 1 5 1273 1329 103 48 95.430077 part,5 1 5 2 1 6 1384 1334 33 33 95.430077 if5 1 5 2 1 7 1429 1338 68 39 94.535980 not5 1 5 2 1 8 1517 1334 58 42 94.535980 all,5 1 5 2 1 9 1594 1334 40 34 96.212761 of5 1 5 2 1 10 1649 1300 63 67 96.952003 thes 1 5 2 1 11 1729 1303 114 79 93.980675 assets5 1 5 2 1 12 1823 1304 2 2 37.274124 ;5 1 5 2 1 13 1860 1300 153 83 96.906601 obtained5 1 5 2 1 14 2032 1335 47 42 96.809937 by4 1 5 2 2 0 758 1373 1322 55 -1 5 1 5 2 2 1 758 1386 111 34 51.382755 G—P5 1 5 2 2 2 851 1398 56 21 13.286362 ‘in:5 1 5 2 2 3 914 1382 60 37 13.286362 thes 1 5 2 2 4 984 1380 91 39 87.776321 T.R.5 1 5 2 2 5 1093 1382 205 46 96.960762 acquisitions 1 5 2 2 6 1315 1373 136 55 96.738716 became5 1 5 2 2 7 1468 1387 21 31 96.654991 a5 1 5 2 2 8 1504 1389 82 38 96.391945 parts 1 5 2 2 9 1603 1385 39 33 96.391945 of5 1 5 2 2 10 1656 1379 71 43 89.072243 thes 1 5 2 2 11 1734 1380 182 48 89.072243 interstate5 1 5 2 2 12 1928 1386 152 33 96.556305 business4 1 5 2 3 0 757 1424 1346 78 -1 5 1 5 2 3 1 757 1437 46 32 92.301170 of5 1 5 2 3 2 810 1437 166 33 37.834511 G—P’ands 1 5 2 3 3 989 1444 87 25 94.533501 were5 1 5 2 3 4 1089 1437 83 32 96.584984 used5 1 5 2 3 5 1184 1437 58 32 96.584984 for5 1 5 2 3 6 1253 1436 61 33 96.431580 thes 1 5 2 3 7 1324 1424 123 72 89.258011 benefits 1 5 2 3 8 1460 1437 72 41 95.837524 ands 1 5 2 3 9 1542 1431 242 71 91.272064 énhancement5 1 5 2 3 10 1795 1436 45 61 96.743469 of5 1 5 2 3 11 1844 1432 48 65 96.309479 its5 1 5 2 3 12 1902 1429 179 65 96.069023 interstate5 1 5 2 3 13 2101 1471 2 2 0.000000 ,4 1 5 2 4 0 757 1483 205 81 -1 5 1 5 2 4 1 757 1483 205 81 88.576912 operations.2 1 6 0 0 0 836 1532 1148 99 -1 3 1 6 1 0 0 836 1532 1148 99 -1 4 1 6 1 1 0 836 1532 1148 99 -1 5 1 6 1 1 1 836 1547 218 79 0.000000 “Edenborn,5 1 6 1 1 2 1054 1548 84 63 74.873230 Ine.5 1 6 1 1 3 1142 1557 91 72 92.730331 ands 1 6 1 1 4 1238 1579 60 32 96.624939 thes 1 6 1 1 5 1313 1544 144 87 33.659813 Unita5 1 6 1 1 6 1462 1545 151 66 93.691185 Lumber5 1 6 1 1 7 1610 1532 209 98 57.824673 Company,5 1 6 1 1 8 1834 1543 150 68 94.879463 Limited2 1 7 0 0 0 727 1634 1358 376 -1 3 1 7 1 0 0 727 1634 1354 174 -1 4 1 7 1 1 0 790 1634 1291 70 -1 5 1 7 1 1 1 790 1634 90 63 78.260071 Par.5 1 7 1 1 2 895 1666 69 30 96.755791 101.5 1 7 1 1 3 979 1664 103 31 96.787552 Prior5 1 7 1 1 4 1093 1667 35 28 96.872505 to5 1 7 1 1 5 1140 1663 70 32 96.167793 ands 1 7 1 1 6 1221 1662 91 33 95.749298 until5 1 7 1 1 7 1324 1663 148 33 95.749298 October5 1 7 1 1 8 1485 1663 92 41 93.227623 1967,5 1 7 1 1 9 1588 1663 196 41 92.228073 Edenborn,5 1 7 1 1 10 1796 1664 84 40 92.373558 Inc.,5 1 7 1 1 11 1888 1663 193 32 96.347931 sometimes4 1 7 1 2 0 754 1713 1327 42 -1 5 1 7 1 2 1 754 1713 211 33 95.165749 hereinafter5 1 7 1 2 2 983 1713 155 33 96.858803 referred5 1 7 1 2 3 1156 1717 36 29 96.092773 to5 1 7 1 2 4 1212 1725 37 21 93.261108 as5 1 7 1 2 5 1267 1713 238 42 86.289459 “Edenborn,”5 1 7 1 2 6 1525 1724 70 22 96.356239 was5 1 7 1 2 7 1613 1724 21 21 95.463081 a5 1 7 1 2 8 1650 1713 188 32 93.713348 Louisiana5 1 7 1 2 9 1854 1713 227 42 90.688507 corporation.4 1 7 1 3 0 727 1764 1354 44 -1 5 1 7 1 3 1 727 1765 157 43 10.312157 Par.5 1 7 1 3 2 903 1767 69 30 90.614548 102:5 1 7 1 3 3 989 1765 188 32 90.996986 Edenborn5 1 7 1 3 4 1192 1765 120 32 96.930656 owned5 1 7 1 3 5 1328 1764 276 42 96.695358 approximately5 1 7 1 3 6 1619 1766 42 30 96.921295 305 1 7 1 3 7 1675 1767 138 39 96.462418 percent5 1 7 1 3 8 1828 1764 39 31 96.640526 of5 1 7 1 3 9 1881 1764 58 31 95.958397 thes 1 7 1 3 10 1954 1764 127 42 95.958397 capital3 1 7 2 0 0 760 1815 901 42 -1 4 1 7 2 1 0 760 1815 901 42 -1 5 1 7 2 1 1 760 1817 95 31 96.732376 stocks 1 7 2 1 2 867 1815 39 33 96.443596 of5 1 7 2 1 3 919 1815 58 33 96.606888 thes 1 7 2 1 4 988 1816 136 34 96.534454 Urania5 1 7 2 1 5 1135 1815 151 33 96.336418 Lumber5 1 7 2 1 6 1300 1815 190 42 95.767914 Company,5 1 7 2 1 7 1501 1815 160 32 95.944878 Limited.3 1 7 3 0 0 760 1864 1323 86 -1 4 1 7 3 1 0 801 1864 1282 67 -1 5 1 7 3 1 1 801 1867 83 32 96.437332 Par.5 1 7 3 1 2 900 1869 71 30 91.275070 103.5 1 7 3 1 3 986 1860 45 39 96.627335 In5 1 7 3 1 4 1045 1866 147 34 96.477417 October5 1 7 3 1 5 1207 1866 91 42 96.969643 1967,5 1 7 3 1 6 1313 1864 294 44 96.619186 Georgia-Pacific5 1 7 3 1 7 1621 1864 229 67 96.850052 Corporations 1 7 3 1 8 1864 1866 159 41 96.246162 acquired5 1 7 3 1 9 2034 1866 49 31 96.059250 all4 1 7 3 2 0 760 1888 663 76 -1 5 1 7 3 2 1 760 1918 39 32 96.943077 of5 1 7 3 2 2 808 1918 59 32 96.782143 thes 1 7 3 2 3 877 1919 95 31 96.395660 stocks 1 7 3 2 4 983 1917 68 33 96.767082 ands 1 7 3 2 5 1062 1920 106 30 96.348312 assets5 1 7 3 2 6 1177 1917 41 32 96.442039 of5 1 7 3 2 7 1226 1888 197 76 92.240067 Edenborn.3 1 7 4 0 0 802 1966 1283 44 -1 4 1 7 4 1 0 802 1966 1283 44 -1 5 1 7 4 1 1 802 1969 84 32 96.219231 Par.5 1 7 4 1 2 908 1971 70 30 95.763527 104.5 1 7 4 1 3 1000 1968 103 33 96.475685 Prior5 1 7 4 1 4 1121 1971 37 29 96.359886 to5 1 7 4 1 5 1177 1968 70 31 96.378479 ands 1 7 4 1 6 1263 1968 93 32 96.081421 until5 1 7 4 1 7 1376 1967 200 43 96.079536 September5 1 7 4 1 8 1597 1968 91 40 96.687935 1968,5 1 7 4 1 9 1705 1967 59 42 96.573372 thes 1 7 4 1 10 1783 1966 133 34 94.933388 Urania5 1 7 4 1 11 1935 1966 150 33 96.785637 Lumber2 1 8 0 0 0 688 2013 1397 49 -1 3 1 8 1 0 0 688 2013 1397 49 -1 4 1 8 1 1 0 688 2013 1397 49 -1 5 1 8 1 1 1 688 2027 34 15 0.000000 -.5 1 8 1 1 2 760 2013 191 49 96.365807 Company,5 1 8 1 1 3 975 2018 161 42 96.430702 Limited,5 1 8 1 1 4 1159 2018 191 33 96.366585 sometimes5 1 8 1 1 5 1372 2018 212 32 96.352928 hereinafter5 1 8 1 1 6 1606 2013 153 37 95.924370 referred5 1 8 1 1 7 1781 2021 36 29 96.198425 to5 1 8 1 1 8 1840 2028 37 22 96.198425 as5 1 8 1 1 9 1898 2015 187 45 96.316124 “Urania,”2 1 9 0 0 0 758 2067 1358 606 -1 3 1 9 1 0 0 762 2067 1323 145 -1 4 1 9 1 1 0 762 2067 1323 45 -1 5 1 9 1 1 1 762 2081 70 21 96.610123 was5 1 9 1 1 2 850 2081 21 21 86.989784 a5 1 9 1 1 3 889 2070 220 42 96.566071 corporations 1 9 1 1 4 1127 2069 195 43 96.564774 organized,5 1 9 1 1 5 1340 2069 159 42 96.492851 existing,5 1 9 1 1 6 1519 2069 69 32 96.926094 ands 1 9 1 1 7 1606 2068 107 43 96.354080 doing5 1 9 1 1 8 1729 2067 153 34 96.293182 business5 1 9 1 1 9 1900 2069 109 32 91.153496 under5 1 9 1 1 10 2017 2068 68 34 95.828209 thea 1 9 1 2 0 762 2118 1323 43 -1 5 1 9 1 2 1 762 2121 83 32 96.251221 laws5 1 9 1 2 2 864 2121 40 32 96.666893 of5 1 9 1 2 3 922 2121 58 32 96.865501 thes 1 9 1 2 4 1000 2121 98 34 96.843193 States 1 9 1 2 5 1115 2120 40 32 96.514633 of5 1 9 1 2 6 1173 2120 188 33 96.669136 Louisiana5 1 9 1 2 7 1378 2118 85 34 96.634224 with5 1 9 1 2 8 1482 2120 46 32 96.288414 its5 1 9 1 2 9 1546 2119 90 33 96.288414 offices 1 9 1 2 10 1654 2119 70 33 96.631447 ands 1 9 1 2 11 1742 2118 171 43 96.608475 principals 1 9 1 2 12 1933 2120 95 41 96.129387 places 1 9 1 2 13 2046 2119 39 32 96.572655 of4 1 9 1 3 0 763 2171 703 41 -1 5 1 9 1 3 1 763 2172 151 33 96.776863 business5 1 9 1 3 2 925 2172 132 33 96.293449 located5 1 9 1 3 3 1069 2175 36 28 96.443359 at5 1 9 1 3 4 1115 2171 144 41 96.639046 Urania,5 1 9 1 3 5 1270 2171 196 33 96.319405 Louisiana.3 1 9 2 0 0 758 2220 1358 300 -1 4 1 9 2 1 0 804 2220 1280 44 -1 5 1 9 2 1 1 804 2223 84 32 95.116096 Par.5 1 9 2 1 2 904 2225 70 30 96.626823 105.5 1 9 2 1 3 989 2223 135 34 96.365150 Urania5 1 9 2 1 4 1138 2232 70 22 96.069725 was5 1 9 2 1 5 1222 2222 154 42 95.915413 engaged5 1 9 2 1 6 1390 2222 36 32 95.915413 in5 1 9 2 1 7 1439 2222 59 32 96.109421 thes 1 9 2 1 8 1511 2220 206 43 96.359161 productions 1 9 2 1 9 1730 2221 68 32 96.780769 ands 1 9 2 1 10 1810 2221 71 32 96.058777 sales 1 9 2 1 11 1892 2220 39 33 96.991203 of5 1 9 2 1 12 1944 2220 140 34 95.611626 lumber.4 1 9 2 2 0 758 2271 1327 45 -1 5 1 9 2 2 1 758 2274 45 31 96.509430 In5 1 9 2 2 2 823 2273 58 33 96.494614 thes 1 9 2 2 3 902 2284 81 32 96.448433 years 1 9 2 2 4 1004 2273 185 43 96.233994 preceding5 1 9 2 2 5 1210 2273 46 32 96.271866 its5 1 9 2 2 6 1276 2272 203 43 95.689560 acquisitions 1 9 2 2 7 1498 2272 45 42 93.288582 by5 1 9 2 2 8 1566 2272 94 41 64.142593 G-P,5 1 9 2 2 9 1681 2271 135 34 96.260704 Urania5 1 9 2 2 10 1835 2271 171 42 93.228302 produced5 1 9 2 2 11 2027 2281 58 31 92.577919 ap-4 1 9 2 3 0 758 2321 1328 46 -1 5 1 9 2 3 1 758 2324 230 43 96.150917 proximately5 1 9 2 3 2 1009 2326 187 39 96.123398 25,281,0005 1 9 2 3 3 1216 2324 108 32 96.248192 boards 1 9 2 3 4 1345 2324 71 32 96.788689 feet5 1 9 2 3 5 1435 2323 39 33 96.714882 of5 1 9 2 3 6 1494 2323 140 33 66.138298 lumber.5 1 9 2 3 7 1655 2323 45 32 96.006630 In5 1 9 2 3 8 1719 2323 77 32 96.137871 that5 1 9 2 3 9 1814 2333 92 32 92.445473 year,5 1 9 2 3 10 1924 2321 162 35 92.445473 Urania’s4 1 9 2 4 0 760 2372 1356 44 -1 5 1 9 2 4 1 760 2376 133 32 96.397438 lumber5 1 9 2 4 2 915 2376 86 33 96.338989 sales5 1 9 2 4 3 1024 2376 182 31 96.370911 amounted5 1 9 2 4 4 1231 2378 34 29 96.161217 to5 1 9 2 4 5 1289 2373 277 43 96.554634 approximately5 1 9 2 4 6 1588 2373 196 42 96.652863 $2,200,000,5 1 9 2 4 7 1806 2373 68 34 96.652863 ands 1 9 2 4 8 1895 2373 60 37 96.129494 thes 1 9 2 4 9 1976 2372 111 33 95.193794 stated5 1 9 2 4 10 2113 2406 3 2 52.189423 |4 1 9 2 5 0 760 2424 1329 44 -1 5 1 9 2 5 1 760 2427 98 32 96.151695 values 1 9 2 5 2 882 2427 38 31 95.598297 of5 1 9 2 5 3 943 2427 46 31 95.740135 its5 1 9 2 5 4 1013 2430 105 35 96.515953 assets5 1 9 2 5 5 1141 2436 70 22 96.764709 was5 1 9 2 5 6 1234 2425 277 43 95.438545 approximately5 1 9 2 5 7 1533 2424 216 42 92.841721 $42,422,200.5 1 9 2 5 8 1773 2424 167 33 95.741852 Included5 1 9 2 5 9 1963 2433 126 31 96.736481 among4 1 9 2 6 0 760 2474 1272 46 -1 5 1 9 2 6 1 760 2478 83 31 96.243584 such5 1 9 2 6 2 859 2480 105 30 96.459198 assets5 1 9 2 6 3 982 2488 86 21 90.566132 were5 1 9 2 6 4 1086 2476 276 43 96.147743 approximately5 1 9 2 6 5 1380 2478 135 42 96.137627 130,0005 1 9 2 6 6 1531 2486 94 22 96.364899 acres5 1 9 2 6 7 1639 2475 40 33 96.496315 of5 1 9 2 6 8 1694 2475 82 42 93.282593 pines 1 9 2 6 9 1789 2474 243 34 86.442398 timberlands..3 1 9 3 0 0 765 2524 1324 149 -1 4 1 9 3 1 0 808 2524 1279 46 -1 5 1 9 3 1 1 808 2529 83 32 95.643372 Par.5 1 9 3 1 2 910 2530 68 31 96.246849 106.5 1 9 3 1 3 994 2529 154 41 96.714737 Already5 1 9 3 1 4 1164 2525 139 44 96.440117 owning5 1 9 3 1 5 1317 2530 40 30 91.461639 305 1 9 3 1 6 1372 2530 140 39 96.875549 percent5 1 9 3 1 7 1525 2527 40 32 95.887299 of5 1 9 3 1 8 1579 2527 58 31 97.010536 thes 1 9 3 1 9 1651 2527 95 32 96.399933 stocks 1 9 3 1 10 1759 2526 40 32 96.791534 of5 1 9 3 1 11 1813 2526 133 34 92.525131 Urania5 1 9 3 1 12 1960 2525 45 42 92.525131 by5 1 9 3 1 13 2020 2524 67 33 93.237160 vir-4 1 9 3 2 0 765 2575 1324 46 -1 5 1 9 3 2 1 765 2583 56 28 96.438004 tue5 1 9 3 2 2 844 2580 40 31 96.486282 of5 1 9 3 2 3 906 2579 45 32 96.960663 its5 1 9 3 2 4 973 2579 202 42 96.325279 acquisitions 1 9 3 2 5 1197 2579 40 32 92.989319 of5 1 9 3 2 6 1258 2578 197 42 91.371849 Edenborn,5 1 9 3 2 7 1477 2577 294 43 95.884346 Georgia-Pacific5 1 9 3 2 8 1792 2576 239 43 96.203293 Corporation,5 1 9 3 2 9 2052 2575 37 32 96.715515 in4 1 9 3 3 0 767 2627 1322 46 -1 5 1 9 3 3 1 767 2630 199 43 96.036377 September5 1 9 3 3 2 982 2632 92 39 96.967041 1968,5 1 9 3 3 3 1092 2629 160 44 96.080223 acquired5 1 9 3 3 4 1268 2629 59 33 96.880943 thes 1 9 3 3 5 1343 2629 193 42 96.279556 remaining5 1 9 3 3 6 1552 2628 224 41 96.252441 outstanding5 1 9 3 3 7 1791 2629 95 31 96.699715 stocks 1 9 3 3 8 1901 2627 68 32 96.095673 ands 1 9 3 3 9 1986 2629 103 30 96.095673 assets “7. @HORGIA=PACIFIC: CORPORATION’ 1001 984 . Complaint of the Urania Lumber Company, Limited for approximately $34,122,200...

Par. 107. “Subsequent to the aforesaid acquisition of Urania, G—P abandoned the lumber operation at Urania, Louisiana and constructed a plant for the production of softwood plywood. Such plant had an original annual capacity to produce ‘140 million square feet of softwood plywood. Such plant willbe supplied, at least in substantial part, with timber acquired as a result of the aforesaid acquisitions of Edenborn and Urania. ~ Par. 108. A substantial part, if not all, of the assets of Urania obtained by G-P by virtue of its acquisitions of Edenborn and Urania, as aforesaid, became a part of the interstate business of G-P and were used for the benefit and enhancement of its interstate operations. Sledge Lumber Corporation Par. 109. The allegations set forth in Paragraphs 67, 68, 10 and 7 1 of Count I are hereby incorporated by reference and made a part of. Count IT asif fully rewritten herein. .

Par. 110. A substantial part, if not.all, of -the assets obtained by G-P inthe Sledge acquisition became a part of the interstate. business of G-P and were used for the benefit and enhancement of its interstate operations, Reynolds & Draper Lumber Company Par. 111. The allegations set forth in Paragraphs 72, 73, 75, and 76 of Count I are hereby incorporated by reference and made a part of Count IT as if fully rewritten herein.

Par. 112. A substantial part, if not all, of the assets obtained by G-P in the Reynolds & Draper acquisition became a part of the interstate business of G—P and were used for the benefit and enhancement of its interstate operations.

Reynolds-Wilson Lumber Company Par. 113. The allegations set forth in Paragraphs 77, 78, 80 and 81 of Count I are hereby incorporated by reference and made a part of Count IT as if fully rewritten herein.

Par. 114. A substantial part, if not all, of the assets obtained by G-P in the Reynolds-Wilson acquisition became a part of the interstate business of G—-P and were used for the benefit and enhancement of its interstate operations.

494-841—73-__64 1002. FEDERAL: FRADE COMMISSION DECISIONS - Complaint 81 F.T.C.

' D. L.-Fair Lumber Company - Par. 115.-Prior to and until January 9, 1965, D, L. Fair Litnber Company, sometimes hereinafter referred to as “D. L. Fair,” was a corporation organized, existing and doing business under ‘the. ‘laws of the State of Mississippi with its office and principal place of business located at Louisville, Mississippi.

. Par. 116. D. L. Fair owned a portable sawmill, a flooring mill and a ‘dimension mill which, prior to January 9, 1965, were under lease to other parties. D. L. Fair also owned approximately 92,000 acres of pine timberlands located in the vicinity of Louisville, Mississippi. Par. 117. On-or about January 9, 1965, Georgia- Pacific Corporation acquired all of the stock and assets of D. L.. Fair Lumber Company for . approximately $11,750,000.

Par. 118. Subsequent to the aforesaid acquisition G- P constructed a softwood plywood mill at Louisville, Mississippi, which was supplied, at least in substantial part, with timber acquired in in the aforesaid acquisition of D. L. Fair...

- Par. 119. A substantial part, if not all, of the assets obtained by G-P in the D. L. Fair acquisition became a part of the interstate business of G-P and were used for the benefit and enhancement of its interstate operations.

ADVERSE COMPETITIVE EFFECTS Par. 120. The cumulative effect of the aforesaid acquisitions by Georgia-Pacific Corporation of the stock and assets of Fordyce Lumber Company; American Timber Products Company; Jeffreys, Spaulding Manufacturing Company, Incorporated; Spaulding Lumber Company, Incorporated; Barrow Manufacturing Company; Barrow Land & Timber Company; Reynolds & Manley Lumber Company ; Williams Furniture Corporation; Southern Coatings and Chemical Company; Tommy Reynolds Lumber Company; Edenborn, Inc.; the Urania Lumber Company, Limited; Sledge Lumber Corporation; Reynolds & Draper Lumber Company; Reynolds-Wilson Lumber Company; and D. L. Fair Lumber Company may be substantially to lessen competition or to tend to create a monopoly in the manufacture and sale of softwood plywood in the United States as a whole in the following ways, among others:

(a) Potential competition between G—P and the aforesaid corporations acquired by it has been eliminated ; (b) Potential competition among and between the aforesaid corporations acquired by G—P has been eliminated ; - GEORGIA-PACIFIC’ CORPORATION. 1003 984 : ~ Decision and ‘Order (e)~ The: dominant: position of: G-P: has: been enhanced and -may.be further enhanced; : .

(d) An industry trend toward concentration has been accelerated and may be further accelerated; :

(e) The degree of. concentration has been increased and may be further increased ;

(f) The entry of new competitive entities has been and may continue to be made more difficult ;

(g) The actual and potential competitive power of G-P has been — enhanced to the point where it threatens the existence of a significant competitive segment of the industry structure; (h) The availability of southern pine timber bases suitable to sup- . port long term production of softwood plywood has been substantially decreased.

- THE NATURE OF THE VIOLATION Par. 121. The acquisition by Georgia-Pacific Corporation of the stock and assets of the aforesaid corporations together with the subsequent use of such assets and the cumulative effect.thereof as hereinbefore alleged in this Count II were and are all to the prejudice and injury of the public.and constitute unfair methods of competition in. commerce and unfair acts in commerce in violation of Section 5 of the Federal Trade Commission Act (U.S.C. Title 15, Section 45), as. amended.

DecistIon AND Orper The Federal Trade Commission having issued a complaint charging that the respondent named in the caption hereof has violated the provisions of Section 7 of the Clayton Act, as amended, and Section 5 of the Federal Trade Commission Act, 15 U.S.C. 18, 45; and The Commission, by order issued November 21, 1972 [p. 1041 herein], having withdrawn this matter from adjudication pursuant to Section 9.34(d) of its rules; and The respondent and complaint counsel having executed an agreement containing a consent order, an admission by respondent of all the jurisdictional facts set forth in the complaint which the Commission issued, a statement that the signing of said agreement is for settlement purposes only and does not constitute an admission by respondent that the law has been violated, as set forth in such complaint, and waivers and provisions as required by the Commission’s rules; and. The Commission having thereafter given careful consideration to the executed consent agreement and being of the opinion that the relief provided by the order contained therein will restructure the softwood 1004 _ FEDERAL ‘TRADE: COMMISSION. DECISIONS Decision and ‘Order; 81 F.T.C.

“plywood: industry by-creating.a new: and. viable national entity thereby enhancing competition on a nationwide. basis, and having therefore _ determined that the relief is-adequate and appropriate in all respects . to dispose of this matter, and having also duly considered the data, views, arguments and comments submitted by interested members of . the public and having held a public hearing before the. Commission on December 18, 1972, now in further conformity with the procedure prescribed in Section 9.84(b) of its rules; the Commission hereby makes the following jurisdictional findings and enters the following order:

- 1. Respondent Georgia-Pacific Corporation is a: corporation organized, existing and doing business under. the Jaws of the State of Georgia, with its office and principal place of business located at 900 S.W. Fifth Avenue, Portland, Oregon.

2. The Federal Trade Commission has jurisdiction of this proceeding and of the respondent, and the proceeding is in the public interest. ORDER For the purposes of this order, the following definitions shall apply : ‘l. Respondent—Georgia- -Pacific Corporation, its officers, directors, agents, representatives, employees, subsidiaries, - affiliates, successors and assigns and any person, partnership, corporation, or other legal entity acting for or on its behalf or with its express or implied consent ; Provided, however, That the term respondent shall not be construed to include Louisiana-Pacific.

2. The South—The States of Virginia, North Carolina, South Carolina, Georgia, Florida, Alabama, Mississippi, Oklahoma, Arkansas, Louisiana, Texas, and Tennessee.

3. Market price—the price established within the same area, for similar quantities, grades and types of the commodity being sold. 4. Single ownership—one or more parcels of timberland in which -any interest in the fee is commonly or jointly held by any one or more persons, trust, partnerships, corporations or other legal entities. 5. Person—any individual, partnership, firm, association, corporation, governmental agency or other legal or business entity. PARAGRAPH 1 It is ordered, That Respondent shall:

(A) Prior to thirty (30) days from the date of service of this order (hereinafter referred to as the “effective date”) have existing or cause to be formed an independent corporation (herein- “="GEORGIA-PACIFIC “CORPORATION — ~ 1005 Decision and Order after called “Louisiana-Pacific”) with at least sufficient: shares of - authorized common stock in order to comply with the provisions of this order and with by-laws containing a provision which shall insure compliance with subparagraph (G) hereof; (B)- Within sixty (60) days of the effective date mail to its stockholders a notice of a special meeting of stockholders, to- 5 1 7 1 1 2 776 885 228 48 56.605793 gether-with5 1 7 1 1 3 1023 884 23 40 96.750305 a5 1 7 1 1 4 1069 885 111 49 96.696518 proxy5 1 7 1 1 5 1196 895 189 29 96.505432 statements 1 7 1 1 6 1407 891 203 50 96.668427 containing5 1 7 1 1 7 1629 888 59 36 96.668427 thes 1 7 1 1 8 1709 891 310 34 96.142365 recommendation2 1 8 0 0 0 775 936 1244 70 -1 3 1 8 1 0 0 775 936 1244 70 -1 4 1 8 1 1 0 775 936 1244 70 -1 5 1 8 1 1 1 775 941 40 33 96.580002 of5 1 8 1 1 2 838 946 238 38 96.557899 management5 1 8 1 1 3 1097 942 78 33 96.322906 that5 1 8 1 1 4 1195 943 59 32 69.947052 thé5 1 8 1 1 5 1276 936 233 66 96.953011 stockholders5 1 8 1 1 6 1531 943 177 63 96.269623 authorizes 1 8 1 1 7 1728 944 58 59 97.015274 thes 1 8 1 1 8 1803 944 157 58 96.906082 transfers 1 8 1 1 9 1980 944 39 44 96.886902 of2 1 9 0 0 0 778 993 1240 98 -1 3 1 9 1 0 0 778 993 1240 93 -1 4 1 9 1 1 0 778 993 577 62 -1 5 1 9 1 1 1 778 995 105 60 93.024323 assets5 1 9 1 1 2 892 993 110 33 96.177208 called5 1 9 1 1 3 1013 993 57 45 96.823524 for5 1 9 1 1 4 1080 994 45 41 97.005829 by5 1 9 1 1 5 1136 993 70 33 96.851624 this5 1 9 1 1 6 1216 994 130 32 93.289658 orders 1 9 1 1 7 1316 1013 39 6 62.974922 ;*:4 1 9 1 2 0 812 1012 1206 79 -1 5 1 9 1 2 1 812 1035 93 51 0.000000 (C):5 1 9 1 2 2 916 1036 115 40 96.984909 Prior5 1 9 1 2 3 1036 1047 36 29 96.851791 to5 1 9 1 2 4 1088 1044 111 42 96.851791 thirty5 1 9 1 2 5 1222 1044 73 47 96.712173 (30)5 1 9 1 2 6 1318 1043 86 43 96.968506 days5 1 9 1 2 7 1420 1037 93 40 96.903870 after5 1 9 1 2 8 1520 1015 66 62 93.270432 thes 1 9 1 2 9 1601 1038 153 53 95.148254 effective5 1 9 1 2 10 1767 1014 83 63 96.542412 dates 1 9 1 2 11 1864 1012 154 65 95.764336 transfer2 1 10 0 0 0 702 1092 1315 98 -1 3 1 10 1 0 0 702 1085 1315 102 -1 4 1 10 1 1 0 702 1092 1315 48 -1 5 1 10 1 1 1 702 1103 14 37 0.000000 :5 1 10 1 1 2 736 1085 19 19 0.000000 ”5 1 10 1 1 3 775 1097 40 29 93.223000 to5 1 10 1 1 4 826 1087 329 41 89.890305 Louisiana-Pacific5 1 10 1 1 5 1169 1095 106 32 50.774300 assets5 1 10 1 1 6 1288 1095 45 33 96.903175 of5 1 10 1 1 7 1342 1095 217 42 96.537575 respondent,5 1 10 1 1 8 1572 1094 184 47 95.748940 including5 1 10 1 1 9 1762 1092 42 36 95.748940 455 1 10 1 1 10 1817 1095 118 42 96.814713 plants5 1 10 1 1 11 1949 1092 68 36 93.774551 anda 1 10 1 2 0 706 1145 1309 45 -1 5 1 10 1 2 1 706 1148 2 2 0.000000 ~5 1 10 1 2 2 768 1145 116 45 31.635681 mnills,5 1 10 1 2 3 894 1139 131 51 96.940498 having5 1 10 1 2 4 1041 1157 20 20 96.376907 a5 1 10 1 2 5 1077 1148 59 29 95.240776 nets 1 10 1 2 6 1151 1145 112 32 95.240776 worth5 1 10 1 2 7 1279 1145 40 33 96.974258 of5 1 10 1 2 8 1334 1149 61 28 95.961250 not5 1 10 1 2 9 1411 1141 65 37 95.933617 less5 1 10 1 2 10 1491 1145 86 33 96.687775 than5 1 10 1 2 11 1592 1144 166 42 96.448051 $150,000,5 1 10 1 2 12 1759 1148 74 47 88.821678 0005 1 10 1 2 13 1833 1146 74 33 88.821678 ‘ands 1 10 1 2 14 1923 1157 92 21 96.883133 more2 1 11 0 0 0 760 1185 1257 63 -1 3 1 11 1 0 0 760 1185 1257 63 -1 4 1 11 1 1 0 760 1185 1257 63 -1 5 1 11 1 1 1 760 1188 109 49 21.252533 fully5 1 11 1 1 2 882 1188 200 40 96.912460 described5 1 11 1 1 3 1074 1208 37 20 96.929100 in5 1 11 1 1 4 1126 1185 219 63 96.126671 Appendices5 1 11 1 1 5 1361 1191 20 37 96.196701 15 1 11 1 1 6 1393 1197 69 32 96.196701 ands 1 11 1 1 7 1477 1199 20 30 96.791748 25 1 11 1 1 8 1511 1197 44 32 96.817429 of5 1 11 1 1 9 1565 1197 71 32 93.306213 this5 1 11 1 1 10 1648 1197 155 41 92.350136 order,*5 1 11 1 1 11 1794 1193 37 36 96.445107 in5 1 11 1 1 12 1845 1199 172 41 96.577477 exchange2 1 12 0 0 0 775 1246 1240 44 -1 3 1 12 1 0 0 775 1246 1240 44 -1 4 1 12 1 1 0 775 1246 1240 44 -1 5 1 12 1 1 1 775 1246 58 44 89.724854 for5 1 12 1 1 2 850 1247 47 39 89.724854 all5 1 12 1 1 3 914 1246 40 32 96.797699 of5 1 12 1 1 4 970 1247 58 32 96.812279 thes 1 12 1 1 5 1042 1247 132 47 96.976852 capital5 1 12 1 1 6 1191 1241 97 39 96.862282 stocks 1 12 1 1 7 1303 1247 40 33 93.253822 of5 1 12 1 1 8 1359 1241 426 40 45.171963 Louisiana-Pacific-ands 1 12 1 1 9 1790 1246 59 34 93.298920 thes 1 12 1 1 10 1864 1259 151 31 92.651947 assump-2 1 13 0 0 0 722 1291 1291 64 -1 3 1 13 1 0 0 722 1291 1291 64 -1 4 1 13 1 1 0 722 1291 1291 64 -1 5 1 13 1 1 1 722 1291 14 25 20.578217 ~5 1 13 1 1 2 773 1288 75 41 96.878891 tions 1 13 1 1 3 864 1291 58 47 89.705322 by5 1 13 1 1 4 926 1290 330 40 84.032608 Louisiana-Pacific5 1 13 1 1 5 1273 1298 38 32 97.012596 of5 1 13 1 1 6 1327 1298 58 46 96.605354 thes 1 13 1 1 7 1401 1293 178 55 95.204376 liabilities5 1 13 1 1 8 1594 1298 152 54 96.546127 transfers 1 13 1 1 9 1747 1294 52 61 96.562469 reds 1 13 1 1 10 1826 1298 6 6 95.653282 i5 1 13 1 1 11 1824 1310 37 20 93.097641 in5 1 13 1 1 12 1876 1309 137 23 91.135094 connec-2 1 14 0 0 0 772 1344 1255 198 -1 3 1 14 1 0 0 773 1344 605 45 -1 4 1 14 1 1 0 773 1344 605 45 -1 5 1 14 1 1 1 773 1344 75 44 95.839378 tions 1 14 1 1 2 859 1343 85 37 95.839378 with5 1 14 1 1 3 950 1341 62 39 96.868195 thes 1 14 1 1 4 1021 1347 105 33 94.317924 assets5 1 14 1 1 5 1136 1342 154 45 96.698952 referred5 1 14 1 1 6 1300 1352 52 37 93.140297 to;5 1 14 1 1 7 1376 1372 2 2 45.801338 -3 1 14 2 0 0 772 1369 1255 173 -1 4 1 14 2 1 0 800 1369 1227 72 -1 5 1 14 2 1 1 800 1389 90 51 0.000000 -(D)5 1 14 2 1 2 917 1391 104 40 96.331711 Prior5 1 14 2 1 3 1036 1391 46 40 94.686356 to5 1 14 2 1 4 1090 1398 189 42 83.699348 February5 1 14 2 1 5 1285 1401 29 39 67.752983 1,5 1 14 2 1 6 1333 1398 92 42 96.123779 1973,5 1 14 2 1 7 1441 1399 102 32 95.154884 after5 1 14 2 1 8 1552 1369 173 72 96.919273 retaining5 1 14 2 1 9 1738 1370 118 62 95.189133 shares5 1 14 2 1 10 1871 1400 39 31 92.327118 of5 1 14 2 1 11 1925 1400 102 41 91.550674 Lou-.4 1 14 2 2 0 772 1424 1242 70 -1 5 1 14 2 2 1 772 1449 253 45 91.726311 isiana-Pacific5 1 14 2 2 2 1046 1450 96 32 96.479332 stocks 1 14 2 2 3 1162 1449 58 33 96.479332 for5 1 14 2 2 4 1240 1424 148 67 83.783020 possible5 1 14 2 2 5 1408 1425 225 57 96.349129 distributions 1 14 2 2 6 1652 1447 108 35 89.210243 under.5 1 14 2 2 7 1780 1440 234 52 89.210243 respondent’s4 1 14 2 3 0 773 1493 1241 49 -1 5 1 14 2 3 1 773 1498 213 43 96.025650 Contingent5 1 14 2 3 2 994 1498 193 35 96.025650 Valuation5 1 14 2 3 3 1196 1493 199 49 95.468025 Contracts,5 1 14 2 3 4 1410 1494 184 39 96.273766 distributes 1 14 2 3 5 1607 1500 58 33 96.695183 thes 1 14 2 3 6 1679 1500 193 33 96.456795 remainder5 1 14 2 3 7 1885 1501 40 32 96.999893 of5 1 14 2 3 8 1938 1501 76 32 96.359352 said2 1 15 0 0 0 739 1542 1275 100 -1 3 1 15 1 0 0 710 1542 1304 100 -1 4 1 15 1 1 0 748 1542 1264 61 -1 5 1 15 1 1 1 773 1550 96 31 96.474548 stocks 1 15 1 1 2 879 1542 44 40 96.961899 of5 1 15 1 1 3 938 1546 330 57 92.838867 Louisiana-Pacific5 1 15 1 1 4 1283 1554 37 29 96.632858 to5 1 15 1 1 5 1334 1551 59 32 96.656319 thes 1 15 1 1 6 1408 1551 235 33 96.328217 stockholders5 1 15 1 1 7 1657 1552 44 32 95.981613 of5 1 15 1 1 8 1711 1551 120 33 95.981613 records 1 15 1 1 9 1846 1563 43 21 93.254326 on5 1 15 1 1 10 1904 1552 108 32 92.758705 Janu-4 1 15 1 2 0 739 1598 1275 44 -1 5 1 15 1 2 1 772 1607 63 35 70.889809 dry5 1 15 1 2 2 854 1602 33 39 91.191360 2,5 1 15 1 2 3 905 1600 92 41 91.642479 1973,5 1 15 1 2 4 1010 1599 43 34 91.642479 in5 1 15 1 2 5 1072 1599 58 34 96.575287 thes 1 15 1 2 6 1148 1602 90 32 96.330658 ratios 1 15 1 2 7 1256 1598 40 35 96.330658 of5 1 15 1 2 8 1314 1612 64 22 96.320854 ones 1 15 1 2 9 1396 1602 99 32 96.658859 shares 1 15 1 2 10 1514 1602 40 32 93.294441 of5 1 15 1 2 11 1572 1599 329 36 91.159935 Louisiana-Pacific5 1 15 1 2 12 1918 1602 96 33 96.873634 stock2 1 16 0 0 0 765 1650 1252 901 -1 3 1 16 1 0 0 772 1650 1241 148 -1 4 1 16 1 1 0 772 1650 1240 45 -1 5 1 16 1 1 1 772 1650 57 33 96.248428 for5 1 16 1 1 2 851 1652 82 31 96.551949 each5 1 16 1 1 3 957 1651 80 32 96.822289 four5 1 16 1 1 4 1061 1651 115 32 96.261200 shares5 1 16 1 1 5 1199 1652 39 31 93.296967 of5 1 16 1 1 6 1261 1653 235 40 91.566566 respondent’s5 1 16 1 1 7 1517 1653 96 32 96.784874 stocks 1 16 1 1 8 1634 1653 81 32 96.730331 held5 1 16 1 1 9 1736 1664 45 21 95.770653 on5 1 16 1 1 10 1803 1653 158 42 96.686661 January5 1 16 1 1 11 1982 1654 30 39 96.874977 2,4 1 16 1 2 0 773 1677 1240 69 -1 5 1 16 1 2 1 769 1696 96 47 94.676842 1978,5 1 16 1 2 2 883 1703 68 31 96.941528 ands 1 16 1 2 3 968 1702 89 32 96.334465 shall5 1 16 1 2 4 1075 1703 97 31 96.536865 makes 1 16 1 2 5 1189 1703 226 46 96.509621 appropriate5 1 16 1 2 6 1431 1702 193 41 96.509621 provisions5 1 16 1 2 7 1641 1703 57 32 96.633232 for5 1 16 1 2 8 1713 1704 59 48 96.202820 thes 1 16 1 2 9 1788 1703 171 43 95.896477 handling5 1 16 1 2 10 1974 1677 39 57 95.191208 of4 1 16 1 3 0 772 1727 491 71 -1 5 1 16 1 3 1 772 1727 186 58 96.916840 fractional5 1 16 1 3 2 973 1753 132 40 96.437569 shares;5 1 16 1 3 3 1255 1793 8 5 8.423737 ;3 1 16 2 0 0 769 1800 1243 350 -1 4 1 16 2 1 0 820 1800 1190 46 -1 5 1 16 2 1 1 820 1803 64 42 90.679619 (E)5 1 16 2 1 2 913 1803 136 33 95.819748 Within5 1 16 2 1 3 1063 1804 119 41 96.312172 ninety5 1 16 2 1 4 1204 1804 73 41 96.555939 (90)5 1 16 2 1 5 1297 1800 85 46 96.466866 days5 1 16 2 1 6 1397 1805 39 31 96.835533 of5 1 16 2 1 7 1450 1804 223 32 96.066727 distributions 1 16 2 1 8 1687 1805 39 31 96.977753 of5 1 16 2 1 9 1739 1805 59 32 93.297073 thes 1 16 2 1 10 1812 1804 198 32 92.885704 Louisiana-4 1 16 2 2 0 769 1850 1243 46 -1 5 1 16 2 2 1 769 1854 127 32 94.250481 Pacific5 1 16 2 2 2 920 1854 106 41 96.323395 stock,5 1 16 2 2 3 1049 1854 59 41 96.803856 thes 1 16 2 2 4 1132 1854 142 33 96.603874 amounts 1 16 2 2 5 1296 1854 153 33 95.859306 credited5 1 16 2 2 6 1472 1858 35 29 95.859306 to5 1 16 2 2 7 1531 1855 48 32 96.505745 all5 1 16 2 2 8 1602 1855 147 32 96.113083 salaried5 1 16 2 2 9 1770 1850 183 46 96.014679 personnel5 1 16 2 2 10 1975 1856 37 30 96.979027 in4 1 16 2 3 0 770 1905 1242 42 -1 5 1 16 2 3 1 770 1905 233 42 92.457718 respondent’s5 1 16 2 3 2 1024 1905 103 33 96.391617 Stocks 1 16 2 3 3 1147 1906 118 31 96.758957 Bonus5 1 16 2 3 4 1283 1905 90 33 96.679840 Plans 1 16 2 3 5 1390 1905 90 32 96.082947 shall5 1 16 2 3 6 1498 1906 40 32 96.750305 be5 1 16 2 3 7 1556 1905 213 33 95.797562 transferred5 1 16 2 3 8 1787 1910 36 29 95.933525 to5 1 16 2 3 9 1841 1918 20 21 95.933525 a5 1 16 2 3 10 1879 1905 133 34 96.600571 similar4 1 16 2 4 0 769 1955 1242 44 -1 5 1 16 2 4 1 769 1956 84 40 96.337173 plans 1 16 2 4 2 874 1955 57 32 96.454491 for5 1 16 2 4 3 951 1956 59 31 96.793533 thes 1 16 2 4 4 1030 1956 148 32 96.311760 salaried5 1 16 2 4 5 1198 1956 191 42 96.705643 employees5 1 16 2 4 6 1410 1956 76 33 96.421715 who5 1 16 2 4 7 1507 1968 87 21 96.582954 were5 1 16 2 4 8 1613 1956 136 33 64.796906 former5 1 16 2 4 9 1762 1956 191 43 64.796906 employees5 1 16 2 4 10 1972 1957 39 31 96.457108 of4 1 16 2 5 0 770 2002 1240 47 -1 5 1 16 2 5 1 770 2006 206 41 96.460915 respondents 1 16 2 5 2 990 2007 68 31 96.827995 ands 1 16 2 5 3 1073 2006 75 32 96.937843 who5 1 16 2 5 4 1163 2007 90 31 96.751907 shall5 1 16 2 5 5 1267 2007 135 33 96.760674 becomes 1 16 2 5 6 1414 2007 191 42 96.187088 employees5 1 16 2 5 7 1619 2008 39 32 92.966988 of5 1 16 2 5 8 1672 2002 338 45 92.073280 Louisiana-Pacific,4 1 16 2 6 0 769 2057 1241 44 -1 5 1 16 2 6 1 769 2057 69 32 96.471039 ands 1 16 2 6 2 856 2070 13 20 85.197014 a5 1 16 2 6 3 892 2057 68 32 85.197014 likes 1 16 2 6 4 977 2058 186 40 96.391846 procedures 1 16 2 6 5 1180 2058 89 31 96.814224 shall5 1 16 2 6 6 1285 2058 40 32 95.934845 be5 1 16 2 6 7 1342 2058 163 32 96.213150 followed5 1 16 2 6 8 1522 2058 186 43 96.646591 regarding5 1 16 2 6 9 1723 2059 57 32 96.518852 thes 1 16 2 6 10 1796 2059 160 42 96.373528 pensions5 1 16 2 6 11 1971 2058 39 32 96.794334 of4 1 16 2 7 0 769 2108 563 42 -1 5 1 16 2 7 1 769 2108 125 41 96.655327 hourly5 1 16 2 7 2 904 2100 192 50 85.058861 employees5 1 16 2 7 3 1107 2119 36 21 95.095619 so5 1 16 2 7 4 1154 2108 178 41 75.164963 involved5 1 16 2 7 5 1320 2096 16 58 75.164963 ;3 1 16 3 0 0 765 2157 1252 394 -1 4 1 16 3 1 0 818 2157 1188 46 -1 5 1 16 3 1 1 818 2157 64 43 92.394005 (F)5 1 16 3 1 2 916 2159 104 32 96.628281 Makes 1 16 3 1 3 1047 2159 169 32 91.222710 available5 1 16 3 1 4 1242 2159 173 33 96.381607 executives 1 16 3 1 5 1441 2160 180 42 96.001320 personnel5 1 16 3 1 6 1648 2160 39 32 96.430862 of5 1 16 3 1 7 1714 2161 215 42 93.152679 respondent,5 1 16 3 1 8 1957 2161 49 32 93.152679 in-4 1 16 3 2 0 769 2208 1240 46 -1 5 1 16 3 2 1 769 2208 142 43 96.594032 cluding5 1 16 3 2 2 931 2209 126 33 96.412193 officers5 1 16 3 2 3 1081 2210 75 32 96.812981 who5 1 16 3 2 4 1178 2211 87 31 96.458710 have5 1 16 3 2 5 1287 2214 136 39 95.019920 presents 1 16 3 2 6 1446 2211 255 43 95.019920 responsibility5 1 16 3 2 7 1723 2211 206 43 96.472801 concerning5 1 16 3 2 8 1951 2212 58 32 96.870323 thea 1 16 3 3 0 770 2259 1236 45 -1 5 1 16 3 3 1 770 2259 190 43 96.536331 properties5 1 16 3 3 2 987 2264 35 29 96.340820 to5 1 16 3 3 3 1050 2261 41 32 96.340820 be5 1 16 3 3 4 1117 2261 214 32 96.342407 transferred5 1 16 3 3 5 1357 2262 44 42 96.832893 by5 1 16 3 3 6 1428 2262 59 32 96.515915 thes 1 16 3 3 7 1513 2262 205 42 96.515915 respondents 1 16 3 3 8 1744 2266 36 29 93.281738 to5 1 16 3 3 9 1807 2262 199 33 92.037659 Louisiana-4 1 16 3 4 0 771 2310 1246 59 -1 5 1 16 3 4 1 771 2310 135 42 96.155045 Pacific.5 1 16 3 4 2 924 2312 108 43 96.792465 These5 1 16 3 4 3 1048 2312 124 32 96.811928 officers5 1 16 3 4 4 1189 2313 88 31 96.037109 shall5 1 16 3 4 5 1294 2313 118 56 96.837654 resign5 1 16 3 4 6 1425 2313 92 32 96.166237 from5 1 16 3 4 7 1534 2313 91 33 96.614304 theirs 1 16 3 4 8 1640 2314 187 42 96.677696 respective5 1 16 3 4 9 1841 2313 176 42 95.334824 positions.4 1 16 3 5 0 770 2361 1236 46 -1 5 1 16 3 5 1 770 2361 85 32 96.971962 with5 1 16 3 5 2 874 2353 58 42 97.018753 thes 1 16 3 5 3 951 2364 206 40 96.726952 respondents 1 16 3 5 4 1176 2374 93 31 96.730316 upon5 1 16 3 5 5 1289 2364 176 43 88.430511 assuming5 1 16 3 5 6 1483 2364 92 32 95.902672 theirs 1 16 3 5 7 1594 2364 90 33 96.511497 offices 1 16 3 5 8 1704 2364 84 33 93.293968 with5 1 16 3 5 9 1808 2364 198 33 91.990501 Louisiana-4 1 16 3 6 0 769 2387 1237 74 -1 5 1 16 3 6 1 769 2412 126 34 96.827393 Pacific5 1 16 3 6 2 914 2414 69 32 96.807549 ands 1 16 3 6 3 1003 2414 47 32 95.946953 all5 1 16 3 6 4 1070 2414 39 32 96.407097 of5 1 16 3 6 5 1127 2415 58 32 96.732262 thes 1 16 3 6 6 1204 2418 138 38 86.672119 presents 1 16 3 6 7 1360 2387 179 74 90.402382 personnel5 1 16 3 6 8 1558 2416 40 32 95.889435 of5 1 16 3 6 9 1615 2417 58 31 95.889435 thes 1 16 3 6 10 1692 2416 205 42 85.542137 respondents 1 16 3 6 11 1917 2427 89 31 85.542137 pres-4 1 16 3 7 0 769 2464 1239 45 -1 5 1 16 3 7 1 769 2464 94 42 96.077072 ently5 1 16 3 7 2 886 2465 179 41 96.239746 employed5 1 16 3 7 3 1087 2465 46 41 96.239746 by5 1 16 3 7 4 1154 2465 60 32 96.295273 thes 1 16 3 7 5 1236 2466 208 42 96.397720 respondents 1 16 3 7 6 1465 2466 37 32 96.857674 in5 1 16 3 7 7 1524 2466 60 33 96.877594 thes 1 16 3 7 8 1606 2466 184 43 96.773270 respective5 1 16 3 7 9 1813 2464 195 45 96.615067 operations4 1 16 3 8 0 765 2515 1240 36 -1 5 1 16 3 8 1 765 2515 213 35 96.383698 transferred5 1 16 3 8 2 989 2518 37 29 93.215973 to5 1 16 3 8 3 1036 2515 331 34 91.938690 Louisiana-Pacific5 1 16 3 8 4 1378 2518 88 31 96.077522 shall5 1 16 3 8 5 1479 2518 41 32 96.981873 be5 1 16 3 8 6 1531 2518 215 32 96.560471 transferred5 1 16 3 8 7 1756 2521 37 29 91.988708 to5 1 16 3 8 8 1806 2518 199 33 91.988708 Louisiana-2 1 17 0 0 0 716 2599 318 26 -1 3 1 17 1 0 0 716 2599 318 26 -1 4 1 17 1 1 0 716 2599 318 26 -1 5 1 17 1 1 1 716 2599 95 24 92.630310 *Infra,5 1 17 1 1 2 823 2605 77 20 95.651138 pages5 1 17 1 1 3 912 2599 122 22 93.474472 1011-16. 1006 © FEDERAL, TRADE. COMMISSION. DECISIONS Decision. and. Order 81 ETC, Pacific. : In addition, all .of the. present, respondent personnel . involved in timber management, timber and.log purchases and logging. for these operations .shall likewise be transferred to Louisiana-Pacific: The. present. sales organization of re- ».. spondent now selling. all. of. its. lumber production, kitchen . cabinets, and aluminum. and wood door and. window. production ' for the properties transferred to Louisiana-Pacific shall likewise -be transferred to Louisiana-Pacific; and (G) Respondent shall provide that:

1. prior to. the distribution of, the Louisiana-Pacific stock to the stockholders: of. respondent, respondent shall vote the -.. stock of Louisiana-Pacific for the election of.an interim board of directors to serve until the election of an initial board of .. directors by the stockholders of Louisiana-Pacific 3 2. -Louisiana-Pacifie shall within sixty; (60) days of the distribution of the Louisiana-Pacific: stock: call a. stock- ~. holders’ meeting for: the: Purpose of electing, an‘ initial board of directors; — 8. except as provided for; m 1 subparagraph L hereof. and . except with respect.to organizational matters: prior to the » distribution. of the Louisiana-Pacific stock to the stockholders of respondent, Georgia-Pacific Corporation shall not vote any stock of Louisiana-Pacific which it shall hold or which shall be held under its direction or control; 4. no nominee for the initial board of directors of Louisiana- Pacific shall at the time of his election be an officer or director of respondent; and 5. subsequent to the election of the initial board of directors of Louisiana-Pacific no officer or director of respondent shall concurrently serve as an officer or director of Louisiana- Pacific nor shall any officer or director of Louisiana-Pacific ‘serve concurrently as an officer or director of respondent. PARAGRAPH 2 It is further ordered, That Respondent may, as requested by Louisiana-Pacific, for a period of ten (10) years from the effective date, purchase the softwood plywood production of Louisiana-Pacific at the current market price for such product and on the same terms and conditions as other purchases of softwood plywood made by respond- “GEORGIA-PACIFIC CORPORATION” - + {007 984... ; Decision and Ordet ent, but only up to the.percentage-of-Louisiana- Pacific s production as set: t forth inimediately hereafter: :

a3 . : ae Percent . “Ast year. . ; ; a a: 100 2nd year. : 2 - 80 8rd year a __- Aaa LH ~——«60 4th’ year. : oe: Beh eid 40 5th to the 10th year_-_---.-~ res a 20 Provided, however, That the purchases by respondent from Louisiana- Pacific of redwood plywood siding shall not be:considered to be included in the limitations or in the percentages set forth above. PARAGRAPH 3 It és “further ordered, That for a’ period of five (5) years from the effective’ daté,’ respondent shall cease: and desist’ from acquiring directly or indirectly any fee ownership or leasehold interest in pine or mixed pine and hardwood timberland in the South which is held in single ownership exceeding 25,000 acres, Provided, however, (A) that this limitation shall not apply to land acquired for: arid utilized for a purpose other than in plywood production ; (B) that, for the’ purpose of determining whither 25,000 acres have been acquired, acres acquired from a single owner in separate transactions will only be accumulated if they occur within 12 months of each other ;

(C) that this limitation shall not apply to any tract regardless of its size on which respondent at the time of said acquisition and at the effective date shall have cutting rights thereon existing on the effective date and a bona fide offer has been made for such land by a person not affiliated with respondent; and (D) that if respondent does acquire said timberland pursuant to Paragraph 3(C), respondent is:.

(a) Prohibited from using from said lands so acquired any greater volume of plywood logs for use in any softwood plywood plant of respondent than the average annual amount taken from said lands by respondent in the three (3) years prior to said acquisition ;

(b) Prohibited from terminating (except for substantial breach) any cutting contract, timber deed or any other right held by any other person other than the person from whom such timberland was acquired, in respect of timber on such acquired lands.

(c) Required to offer for sale annually, on the open market and at market prices, the same volume of softwood timber 1008 FEDERAL: TRADE: COMMISSION: DECISIONS | . Decision and: Order 81 FL, from the: acquired lands as that: board. footage constituting the average annual open market, sales of softwood timber cut from the acquired lands during the three (3) calendar years ending immediately prior to such acquisition by third parties having no interest in the fee of such lands; °°. _ (d) Required, within sixty (60) days of any. acquisition . of such interest, to file.a report.in writing with the Federal . Trade. Commission setting forth in detail a description of the interest. se acquired and. the information necessary ‘to insure _ compliance with the provisions of this order. PARAGRAPH 4 It is further ordered, That. for a. period: of -five. (5) -years if, respondent, acquires, for. utilization 4 in any plywood plant, directly or indirectly any. fee. ownership. or leasehold, interest. in: pine. or. mixed. pine and hardwood.-timberland. i in. the South, which is held in:single ownership. ranging .in‘ size.. from 40; 000: .acres. to 25 4000. acres, . respondent. is: ; 4 (A) Prohibited. from. using from | said lands 10 acquired any greater volume.of plywood.Jogs for’ use in. any. softwood: ‘plywood plant of the respondent than the average annual amount taken from said lands by respondent in the three (3) years prior to said acquisition ;

(B) Prohibited from terminating (except for substantial breach) any cutting contract, timber deed or any other right held by any other person other ‘than the person from whom such timberland was acquired, in respect of timber on such + acquired lands;

(C) Required to: offer for sale annually, on the open market and at market prices, the same volume of softwood timber from the acquired lands as that board footage constituting the average annual open market sales of softwood timber cut from the acquired lands during the three (83) calendar years ending immediately prior to such acquisition by third parties having no interest in the fee of such lands;

_ (D) Required, within sixty (60) days of any acquisition of such interest, to file a report in writing with the Federal Trade Commission setting forth in detail a description of the interest so acquired and the information necessary to insure compliance with the provisions of this order; and (E). Prohibited from acquiring in any one year. more than 100,000 such acres.

“: (@BORGIA“PACIFIC- CORRORATION.~ — 1009 984 Decision and Order © PARAGRAPH 5:

it t is jurther ordered, That for a period. of five (5) years, from the effective-date, respondent is prohibited from utilizing in its individual softwood plywood plants now in operation any higher percentage of pine timber purchased in the open market. (which as used herein shall mean all acquisitions of southern pine plywood timber other than from lands held by respondent in fee), than the percentage of such timber utilized by the said individual plants of: ‘respondent from.open market purchases made in 1972, except that the following plants of ‘respondent may purchase on the open market such logs up to the percentage s set: opposite the plant | listed below: ; a - . Percent’ * &: Crossett, Arkansas Number 1 - oe 20 - Crossett; Arkansas Number 2-_.->_222 an . 20 . Fordyce, Arkansas_____.. . aera 20 _ Chiefland, Florida__---___-_-__-. --- 95 Emporia, Virginia. tote eg * Russellville, 8: Oo ons sane: ae! anon eee 65 “Whiteville, Nic. 222222 ial we 85 Provided, however," That if any | event beyond the: control of respondent shall” occur ‘which prevents respondent from cutting timber on— lands held’ by respondent i in fee, respondent shall bé relieved of the limitation on open market purchases, but only to the extent that such event shall have prevented the acquisition of timber from lands held in fee by respondent; and provided further, That within ninety (90) days following the end of each of the five annual periods during which this prohibition is in effect, respondent shall file with the Federal Trade Commission a report showing compliance with the provision of this order.

PARAGRAPH 6 Lt is further ordered, That for ten (10) years from the effective date, respondent shall cease and desist from acquiring, directly or indirectly through subsidiaries, or otherwise, for its use in the manufacture of softwood plywood, from any person, firm or corporation other than the manufacturer thereof or a regular dealer or distributor of such equipment in the ordinary course of such dealer’s or distributor’ 8 business :

(A) Any equipment specifically designed for the manufacture of softwood plywood ;

(B) Any equipment specifically designed and theretofore used in the manufacture of softwood plywood; and 1010 = -——S—s FEDERAL: TRADE) COMMISSION - DECISIONS Decision.5 1 1 1 2 2 1452 479 58 27 69.074203 ands 1 1 1 2 3 1530 479 93 25 81.239594 Orders 1 1 1 2 4 1859 476 2 2 0.000000 .5 1 1 1 2 5 1969 471 37 33 77.075912 815 1 1 1 2 6 2023 481 97 25 43.294277 FTC.2 1 2 0 0 0 793 549 1350 305 -1 3 1 2 1 0 0 794 549 1349 288 -1 4 1 2 1 1 0 928 549 1192 45 -1 5 1 2 1 1 1 928 549 63 42 92.592209 (C)5 1 2 1 1 2 1019 549 83 42 96.356583 Any5 1 2 1 1 3 1140 550 212 41 88.547562 equipment.5 1 2 1 1 4 1372 551 207 36 72.756462 thereafter.5 1 2 1 1 5 1600 552 181 32 88.839249 converted5 1 2 1 1 6 1819 552 46 42 96.666153 by5 1 2 1 1 7 1903 553 217 41 96.591545 respondent,4 1 2 1 2 0 832 597 1311 64 -1 5 1 2 1 2 1 832 620 15 19 0.000000 -5 1 2 1 2 2 881 599 147 43 96.916763 directly5 1 2 1 2 3 1051 611 40 21 96.973602 or5 1 2 1 2 4 1114 596 193 51 95.353683 indirectly,5 1 2 1 2 5 1330 601 82 32 95.353683 into.5 1 2 1 2 6 1428 597 196 60 90.802322 equipments 1 2 1 2 7 1645 602 209 59 96.836510 specifically5 1 2 1 2 8 1876 603 163 42 96.196548 designed5 1 2 1 2 9 2062 603 59 32 94.099800 for5 1 2 1 2 10 2141 605 2 3 22.428963 |4 1 2 1 3 0 794 638 816 61 -1 5 1 2 1 3 1 794 686 3 2 20.040810 _.5 1 2 1 3 2 852 643 16 58 39.067772 .5 1 2 1 3 3 878 650 59 43 96.660004 thes 1 2 1 3 4 947 647 242 50 96.660004 manufactures 1 2 1 3 5 1201 644 40 54 96.997917 of5 1 2 1 3 6 1251 638 174 61 95.782288 softwood5 1 2 1 3 7 1434 646 176 52 79.723129 plywood;4 1 2 1 4 0 793 673 1327 98 -1 5 1 2 1 4 1 793 690 40 43 96.657059 in5 1 2 1 4 2 850 689 60 55 97.015366 thes 1 2 1 4 3 927 695 140 63 96.980354 absence5 1 2 1 4 4 1076 691 55 64 93.921684 of5 1 2 1 4 5 1140 694 106 70 87.261124 prior,5 1 2 1 4 6 1255 692 153 69 96.656250 Federal5 1 2 1 4 7 1420 698 114 57 96.877167 Trades 1 2 1 4 8 1548 673 242 98 89.675751 Commissions 1 2 1 4 9 1795 698 174 66 96.836670 approvals 1 2 1 4 10 1976 705 53 53 65.559952 of5 1 2 1 4 11 2035 704 85 39 96.916183 such4 1 2 1 5 0 796 746 246 75 -1 5 1 2 1 5 1 796 746 214 75 91.666611 acquisition,5 1 2 1 5 2 1040 753 2 2 20.839722 ,4 1 2 1 6 0 1338 791 243 63 -1 5 1 2 1 6 1 1338 791 215 63 64.346809 PARAGRAPH.5 1 2 1 6 2 1566 816 15 21 83.871033 72 1 3 0 0 0 793 837 1323 138 -1 3 1 3 1 0 0 793 837 1323 138 -1 4 1 3 1 1 0 807 837 1308 101 -1 5 1 3 1 1 1 807 854 95 57 56.822693 Itis 1 3 1 1 2 888 889 29 21 85.188293 is5 1 3 1 1 3 931 837 142 82 16.802231 furthers 1 3 1 1 4 1088 839 14 59 82.105453 o5 1 3 1 1 5 1082 852 159 68 96.486473 ordered,5 1 3 1 1 6 1250 851 99 76 70.909309 That5 1 3 1 1 7 1365 861 92 51 72.476852 fora5 1 3 1 1 8 1472 854 129 73 83.772079 period.5 1 3 1 1 9 1609 881 49 31 92.882515 of5 1 3 1 1 10 1663 884 57 32 49.515728 ‘tens 1 3 1 1 11 1741 881 92 43 83.867020 (10).:5 1 3 1 1 12 1829 863 110 75 80.946815 years5 1 3 1 1 13 1947 848 99 67 96.426529 from5 1 3 1 1 14 2053 854 62 66 96.782242 thea 1 3 1 2 0 793 903 1323 72 -1 5 1 3 1 2 1 793 903 152 71 95.848495 effective5 1 3 1 2 2 956 929 91 40 96.872704 date,5 1 3 1 2 3 1057 929 206 42 96.674263 respondents 1 3 1 2 4 1273 930 95 33 73.363449 shall5 1 3 1 2 5 1374 939 94 25 73.363449 ceases 1 3 1 2 6 1477 931 70 32 96.958931 ands 1 3 1 2 7 1553 921 107 42 85.194000 desist5 1 3 1 2 8 1667 922 95 45 96.366951 from5 1 3 1 2 9 1771 932 198 43 54.815411 acquiring,5 1 3 1 2 10 1972 933 144 42 42.435417 -directly2 1 4 0 0 0 763 969 1353 57 -1 3 1 4 1 0 0 763 969 1353 57 -1 4 1 4 1 1 0 763 969 1353 57 -1 5 1 4 1 1 1 763 969 69 42 13.646660 or5 1 4 1 1 2 854 978 201 43 84.990280 indirectly;5 1 4 1 1 3 1074 980 161 42 86.318138 through:5 1 4 1 1 4 1248 980 230 42 87.497696 subsidiaries,5 1 4 1 1 5 1493 989 48 28 90.355064 ot5 1 4 1 1 6 1557 982 196 41 95.945107 ‘otherwise,5 1 4 1 1 7 1774 983 61 31 96.916077 thes 1 4 1 1 8 1855 983 171 36 80.520126 whole5 1 4 1 1 9 1985 977 41 53 80.520126 or5 1 4 1 1 10 2047 995 69 31 96.583527 any2 1 5 0 0 0 785 1029 1332 404 -1 3 1 5 1 0 0 786 1029 1331 400 -1 4 1 5 1 1 0 793 1029 1324 48 -1 5 1 5 1 1 1 793 1033 81 37 95.540863 parts 1 5 1 1 2 882 1029 38 33 95.540863 of5 1 5 1 1 3 938 1030 52 32 96.710213 thes 1 5 1 1 4 1007 1030 101 44 96.769318 shares 1 5 1 1 5 1120 1031 130 41 94.778564 capital5 1 5 1 1 6 1259 1037 40 27 95.679764 or5 1 5 1 1 7 1310 1025 105 56 95.085075 assets5 1 5 1 1 8 1428 1032 52 40 95.085075 of,5 1 5 1 1 9 1493 1043 33 23 94.248856 or5 1 5 1 1 10 1545 1041 52 33 96.710938 any5 1 5 1 1 11 1616 1033 99 34 92.524612 others 1 5 1 1 12 1725 1032 200 42 86.125313 interest-in,5 1 5 1 1 13 1946 1045 57 32 88.741066 any5 1 5 1 1 14 2021 1034 96 37 88.741066 other4 1 5 1 2 0 792 1077 1323 48 -1 5 1 5 1 2 1 792 1085 133 36 96.441093 person,5 1 5 1 2 2 943 1080 79 33 96.796349 firms 1 5 1 2 3 1040 1091 40 22 96.566032 er5 1 5 1 2 4 1090 1082 229 42 96.313972 corporations 1 5 1 2 5 1331 1077 157 47 96.198227 engaged5 1 5 1 2 6 1505 1077 41 44 54.827591 in5 1 5 1 2 7 1558 1084 61 34 82.635468 thes 1 5 1 2 8 1628 1083 246 42 95.990883 manufactures 1 5 1 2 9 1888 1084 40 38 95.990883 of5 1 5 1 2 10 1945 1085 170 38 96.428780 softwood4 1 5 1 3 0 792 1130 1322 47 -1 5 1 5 1 3 1 792 1130 160 43 96.623764 plywood5 1 5 1 3 2 969 1131 38 32 96.723259 in5 1 5 1 3 3 1024 1131 59 33 96.614799 thes 1 5 1 3 4 1099 1132 133 33 96.419350 United5 1 5 1 3 5 1248 1132 117 34 96.929619 States5 1 5 1 3 6 1382 1133 233 43 95.975685 immediately5 1 5 1 3 7 1632 1133 98 42 96.753151 prior5 1 5 1 3 8 1745 1137 38 30 96.347122 to5 1 5 1 3 9 1798 1135 90 42 96.347122 such5 1 5 1 3 10 1900 1135 214 42 96.719971 acquisition,4 1 5 1 4 0 791 1181 1323 61 -1 5 1 5 1 4 1 791 1181 37 31 96.683556 in5 1 5 1 4 2 845 1181 58 33 96.792908 thes 1 5 1 4 3 922 1181 139 33 96.279259 absence5 1 5 1 4 4 1079 1182 38 32 96.279259 of5 1 5 1 4 5 1124 1181 108 43 95.955345 prior5 1 5 1 4 6 1248 1184 146 31 96.554535 Federal5 1 5 1 4 7 1413 1184 113 33 95.316505 Trades 1 5 1 4 8 1544 1182 227 36 95.316505 Commissions 1 5 1 4 9 1788 1186 172 56 92.852097 approvals 1 5 1 4 10 1975 1186 39 45 96.146439 of5 1 5 1 4 11 2029 1187 85 32 96.146439 such4 1 5 1 5 0 786 1231 1323 47 -1 5 1 5 1 5 1 786 1231 224 47 82.366737 acquisition;5 1 5 1 5 2 1022 1232 186 42 96.139641 Provided,5 1 5 1 5 3 1225 1233 165 42 96.950600 however,5 1 5 1 5 4 1403 1234 95 33 96.957802 That5 1 5 1 5 5 1512 1233 149 44 96.940750 nothing5 1 5 1 5 6 1674 1235 206 33 95.014793 contained5 1 5 1 5 7 1868 1244 46 24 32.456459 in’5 1 5 1 5 8 1923 1235 74 34 69.388885 this5 1 5 1 5 9 2007 1246 102 36 93.213875 para-4 1 5 1 6 0 785 1275 1327 72 -1 5 1 5 1 6 1 785 1275 117 63 96.333633 graphs 1 5 1 6 2 922 1282 90 32 96.401726 shall5 1 5 1 6 3 1031 1283 161 40 96.278519 precludes 1 5 1 6 4 1211 1295 39 20 96.588326 or5 1 5 1 6 5 1269 1284 41 32 96.772568 be5 1 5 1 6 6 1329 1285 138 44 96.740608 deemed5 1 5 1 6 7 1485 1289 36 28 96.881050 to5 1 5 1 6 8 1540 1286 162 40 96.831261 precludes 1 5 1 6 9 1720 1282 208 65 95.553818 respondents 1 5 1 6 10 1947 1280 92 56 95.712914 from5 1 5 1 6 11 2058 1298 54 22 91.170952 ac-4 1 5 1 7 0 786 1324 1326 63 -1 5 1 5 1 7 1 786 1331 146 45 93.186028 quiring5 1 5 1 7 2 951 1333 227 33 91.274368 timberlands5 1 5 1 7 3 1198 1336 40 30 96.783707 or5 1 5 1 7 4 1259 1346 69 31 96.122917 any5 1 5 1 7 5 1350 1334 140 34 96.018211 interests 1 5 1 7 6 1510 1335 135 33 96.018211 therein5 1 5 1 7 7 1665 1347 40 21 96.038918 or5 1 5 1 7 8 1724 1324 108 63 89.142502 timber5 1 5 1 7 9 1861 1331 22 45 86.402420 i5 1 5 1 7 10 1870 1348 38 25 94.685135 in5 1 5 1 7 11 1924 1332 73 50 93.705025 any5 1 5 1 7 12 2015 1330 97 42 93.705025 forma 1 5 1 8 0 787 1370 1324 63 -1 5 1 5 1 8 1 787 1382 206 43 75.284355 (including5 1 5 1 8 2 1009 1383 62 33 96.981819 but5 1 5 1 8 3 1085 1388 62 28 96.637421 not5 1 5 1 8 4 1162 1377 133 45 96.781776 limited5 1 5 1 8 5 1309 1389 37 33 93.306229 to5 1 5 1 8 6 1360 1380 190 48 91.953934 stumpage,5 1 5 1 8 7 1565 1386 84 42 96.896950 logs,5 1 5 1 8 8 1664 1386 149 42 94.176735 veneers,5 1 5 1 8 9 1828 1370 111 63 96.990013 chips,5 1 5 1 8 10 1951 1389 160 40 96.516846 sawdust,2 1 6 0 0 0 747 1428 1362 51 -1 3 1 6 1 0 0 747 1428 1362 51 -1 4 1 6 1 1 0 747 1428 1362 51 -1 5 1 6 1 1 1 747 1453 3 2 79.164078 -5 1 6 1 1 2 784 1434 67 32 96.306702 ands 1 6 1 1 3 871 1434 133 41 90.165154 cores);5 1 6 1 1 4 1025 1434 81 41 95.879745 and,5 1 6 1 1 5 1125 1433 154 34 82.782196 Furthers 1 6 1 1 6 1296 1428 180 49 96.749893 provided,5 1 6 1 1 7 1498 1437 93 33 96.958565 That5 1 6 1 1 8 1609 1437 148 42 96.497543 nothing5 1 6 1 1 9 1777 1438 212 36 79.056686 contained:5 1 6 1 1 10 1977 1449 54 22 79.056686 in5 1 6 1 1 11 2037 1440 72 32 76.758904 ‘this2 1 7 0 0 0 786 1485 1325 95 -1 3 1 7 1 0 0 786 1485 1325 95 -1 4 1 7 1 1 0 786 1485 1325 47 -1 5 1 7 1 1 1 786 1485 212 50 93.049988 paragraphs 1 7 1 1 2 1004 1485 91 42 93.049988 shall5 1 7 1 1 3 1103 1486 119 42 96.691605 apply5 1 7 1 1 4 1240 1489 40 38 89.655388 to.5 1 7 1 1 5 1294 1487 184 40 95.610252 purchases5 1 7 1 1 6 1495 1487 40 43 95.696083 of.5 1 7 1 1 7 1552 1488 142 42 95.969856 lumber,5 1 7 1 1 8 1712 1488 180 45 75.978104 plywood,5 1 7 1 1 9 1891 1488 220 46 75.978104 machinery,4 1 7 1 2 0 786 1535 1323 45 -1 5 1 7 1 2 1 786 1545 41 30 96.971466 or5 1 7 1 2 2 841 1535 73 41 96.814064 any5 1 7 1 2 3 921 1535 99 40 93.878067 others 1 7 1 2 4 1033 1536 159 44 93.878067 product,5 1 7 1 2 5 1200 1536 47 42 96.811897 by5 1 7 1 2 6 1260 1536 227 44 88.007050 respondent,5 1 7 1 2 7 1482 1548 33 24 95.508209 in5 1 7 1 2 8 1527 1528 59 44 96.913033 thes 1 7 1 2 9 1600 1539 138 41 96.913353 regular5 1 7 1 2 10 1748 1539 149 34 92.104630 conducts 1 7 1 2 11 1909 1539 47 36 92.104630 of.5 1 7 1 2 12 1961 1539 45 43 93.214317 its5 1 7 1 2 13 2015 1539 94 39 92.125420 busi-2 1 8 0 0 0 767 1574 1342 62 -1 3 1 8 1 0 0 767 1574 1342 62 -1 4 1 8 1 1 0 767 1574 1342 62 -1 5 1 8 1 1 1 767 1587 101 39 45.538521 “ness:5 1 8 1 1 2 881 1584 93 44 93.420212 from5 1 8 1 1 3 992 1574 167 62 96.590714 suppliers5 1 8 1 1 4 1175 1587 16 34 94.266678 i5 1 8 1 1 5 1183 1598 36 33 95.897339 in5 1 8 1 1 6 1237 1587 67 46 93.083611 thes 1 8 1 1 7 1314 1588 140 41 93.966446 regular5 1 8 1 1 8 1471 1581 146 50 87.402000 conduct.5 1 8 1 1 9 1634 1589 46 39 95.789757 of.5 1 8 1 1 10 1691 1589 102 40 79.429977 their’5 1 8 1 1 11 1795 1589 220 46 64.247162 ‘businesses,.5 1 8 1 1 12 2016 1602 49 27 87.034706 or5 1 8 1 1 13 2072 1593 37 30 95.394402 to2 1 9 0 0 0 785 1635 1161 51 -1 3 1 9 1 0 0 785 1635 1161 51 -1 4 1 9 1 1 0 785 1635 1161 51 -1 5 1 9 1 1 1 785 1635 86 32 96.993416 sales5 1 9 1 1 2 881 1636 98 32 96.565552 made5 1 9 1 1 3 990 1636 46 42 96.692802 by5 1 9 1 1 4 1047 1627 223 51 96.993980 respondents 1 9 1 1 5 1261 1649 37 21 92.493752 in5 1 9 1 1 6 1300 1630 66 40 92.493752 thes 1 9 1 1 7 1377 1638 137 48 96.491745 regular5 1 9 1 1 8 1526 1627 146 44 96.626022 conducts 1 9 1 1 9 1682 1640 39 31 96.842758 of5 1 9 1 1 10 1731 1640 44 31 96.760880 its5 1 9 1 1 11 1784 1640 162 34 96.760880 business.2 1 10 0 0 0 1328 1734 243 21 -1 3 1 10 1 0 0 1328 1734 243 21 -1 4 1 10 1 1 0 1328 1734 243 21 -1 5 1 10 1 1 1 1328 1734 203 21 94.019188 PARAGRAPHS 1 10 1 1 2 1556 1735 15 20 94.019188 82 1 11 0 0 0 781 1794 1326 349 -1 3 1 11 1 0 0 781 1794 1326 349 -1 4 1 11 1 1 0 822 1794 1284 48 -1 5 1 11 1 1 1 822 1795 35 31 59.683281 Tt5 1 11 1 1 2 874 1794 29 32 93.569962 is5 1 11 1 1 3 920 1795 141 40 96.886787 furthers 1 11 1 1 4 1078 1797 152 41 96.770042 ordered,5 1 11 1 1 5 1249 1797 92 32 96.085976 That5 1 11 1 1 6 1360 1799 208 41 96.436218 respondents 1 11 1 1 7 1586 1799 102 32 96.676102 while5 1 11 1 1 8 1706 1799 28 32 96.877480 it5 1 11 1 1 9 1752 1799 62 32 96.852539 has5 1 11 1 1 10 1832 1800 123 42 90.772636 voting.5 1 11 1 1 11 1974 1801 132 32 95.992691 control4 1 11 1 2 0 786 1845 1321 48 -1 5 1 11 1 2 1 786 1845 38 31 93.293037 of5 1 11 1 2 2 841 1845 329 34 91.874886 Louisiana-Pacific5 1 11 1 2 3 1186 1848 89 32 96.062981 shall5 1 11 1 2 4 1291 1852 60 29 96.872200 not5 1 11 1 2 5 1367 1860 99 21 96.955727 causes 1 11 1 2 6 1481 1860 39 21 96.973076 or5 1 11 1 2 7 1537 1849 126 41 96.860649 permits 1 11 1 2 8 1678 1854 120 37 96.740074 excepts 1 11 1 2 9 1813 1850 37 31 96.740074 in5 1 11 1 2 10 1865 1850 60 33 97.011238 thes 1 11 1 2 11 1941 1850 166 43 96.796707 ordinary4 1 11 1 3 0 786 1896 1321 46 -1 5 1 11 1 3 1 786 1906 116 22 96.624878 courses 1 11 1 3 2 919 1896 40 33 96.631248 of5 1 11 1 3 3 975 1897 58 32 96.606384 thes 1 11 1 3 4 1050 1898 179 41 96.606384 operations 1 11 1 3 5 1244 1899 40 32 96.873970 of5 1 11 1 3 6 1301 1899 45 33 96.607567 its5 1 11 1 3 7 1363 1899 152 33 96.414642 business5 1 11 1 3 8 1531 1911 68 31 96.926559 any5 1 11 1 3 9 1616 1900 244 33 96.316833 deterioration5 1 11 1 3 10 1876 1900 37 33 97.006737 in5 1 11 1 3 11 1930 1901 60 33 96.938454 thes 1 11 1 3 12 2005 1902 102 32 96.934547 value4 1 11 1 4 0 784 1946 1323 48 -1 5 1 11 1 4 1 784 1946 39 32 96.561005 of5 1 11 1 4 2 839 1957 66 31 95.987083 any5 1 11 1 4 3 920 1947 39 32 96.823990 of5 1 11 1 4 4 974 1947 58 32 96.708298 thes 1 11 1 4 5 1047 1948 125 42 96.667976 plants,5 1 11 1 4 6 1187 1950 207 42 96.489456 machinery,5 1 11 1 4 7 1410 1954 106 37 96.638481 parts,5 1 11 1 4 8 1531 1950 206 42 96.902229 equipment,5 1 11 1 4 9 1751 1951 219 42 96.121002 timberland,5 1 11 1 4 10 1985 1963 39 21 96.430481 or5 1 11 1 4 11 2037 1963 70 31 96.430481 any4 1 11 1 5 0 783 1997 1323 45 -1 5 1 11 1 5 1 783 1997 98 32 96.331360 others 1 11 1 5 2 899 2008 42 31 95.660629 pr5 1 11 1 5 3 943 2002 122 51 93.154633 operty5 1 11 1 5 4 1083 2010 40 21 95.380478 or5 1 11 1 5 5 1141 2004 104 28 96.861107 assets5 1 11 1 5 6 1263 2001 39 31 96.137833 of5 1 11 1 5 7 1319 2001 58 32 96.137833 thes 1 11 1 5 8 1396 2001 235 41 96.337807 corporations5 1 11 1 5 9 1648 2005 37 29 96.536575 to5 1 11 1 5 10 1702 2002 40 33 96.824738 be5 1 11 1 5 11 1759 2003 216 32 96.543335 transferred5 1 11 1 5 12 1993 2002 113 33 96.759918 which4 1 11 1 6 0 783 2049 1322 58 -1 5 1 11 1 6 1 783 2058 78 31 96.213219 may5 1 11 1 6 2 873 2048 127 42 95.758789 impairs 1 11 1 6 3 1009 2049 93 32 96.825966 theirs 1 11 1 6 4 1113 2055 136 52 96.561600 presents 1 11 1 6 5 1259 2051 157 43 96.806511 capacity5 1 11 1 6 6 1427 2063 39 21 96.874191 or5 1 11 1 6 7 1477 2053 133 31 96.782181 markets 1 11 1 6 8 1621 2053 101 33 96.850136 values 1 11 1 6 9 1731 2053 114 33 96.496971 unless5 1 11 1 6 10 1853 2053 83 33 96.496971 such5 1 11 1 6 11 1948 2053 157 43 96.666046 capacity4 1 11 1 7 0 781 2099 688 44 -1 5 1 11 1 7 1 781 2109 39 31 96.839592 or5 1 11 1 7 2 832 2099 98 32 96.126205 values 1 11 1 7 3 940 2100 42 32 96.126205 be5 1 11 1 7 4 993 2101 151 33 93.263016 restored5 1 11 1 7 5 1155 2100 142 43 92.648438 prior.to5 1 11 1 7 6 1308 2102 161 32 96.634499 transfer.2 1 12 0 0 0 1324 2198 243 22 -1 3 1 12 1 0 0 1324 2198 243 22 -1 4 1 12 1 1 0 1324 2198 243 22 -1 5 1 12 1 1 1 1324 2198 202 22 94.465324 PARAGRAPHS 1 12 1 1 2 1552 2199 15 21 94.527611 92 1 13 0 0 0 776 2259 1328 452 -1 3 1 13 1 0 0 776 2259 1328 452 -1 4 1 13 1 1 0 793 2259 1311 49 -1 5 1 13 1 1 1 793 2287 1 3 46.969341 .5 1 13 1 1 2 822 2259 35 32 86.282196 Lt5 1 13 1 1 3 872 2260 29 32 86.282196 is5 1 13 1 1 4 915 2260 141 41 96.129135 furthers 1 13 1 1 5 1071 2262 152 40 96.254395 ordered,5 1 13 1 1 6 1240 2262 92 34 96.490547 That5 1 13 1 1 7 1348 2263 205 42 96.737236 respondents 1 13 1 1 8 1568 2264 88 32 95.838364 shall5 1 13 1 1 9 1672 2265 121 31 96.962044 within5 1 13 1 1 10 1809 2265 92 41 96.927780 sixty5 1 13 1 1 11 1922 2265 74 42 96.170952 (60)5 1 13 1 1 12 2017 2265 87 43 96.978668 days4 1 13 1 2 0 782 2310 1320 48 -1 5 1 13 1 2 1 782 2310 92 32 95.958023 after5 1 13 1 2 2 890 2310 79 34 96.645760 dates 1 13 1 2 3 985 2311 40 33 96.645760 of5 1 13 1 2 4 1039 2311 128 34 96.927612 services 1 13 1 2 5 1182 2313 39 32 96.620102 of5 1 13 1 2 6 1237 2313 71 33 96.425934 this5 1 13 1 2 7 1324 2314 110 40 96.970032 order,5 1 13 1 2 8 1452 2316 68 31 96.890793 ands 1 13 1 2 9 1536 2326 101 31 96.775200 every5 1 13 1 2 10 1653 2316 119 42 96.494843 ninety5 1 13 1 2 11 1795 2316 73 42 96.821571 (90)5 1 13 1 2 12 1890 2315 87 43 93.239647 days5 1 13 1 2 13 1991 2316 111 32 92.663292 there-4 1 13 1 3 0 781 2361 1322 47 -1 5 1 13 1 3 1 781 2361 92 32 96.083023 after5 1 13 1 3 2 892 2361 129 43 96.686890 during5 1 13 1 3 3 1039 2363 58 32 96.946297 thes 1 13 1 3 4 1114 2363 76 32 96.302383 firsts 1 13 1 3 5 1207 2364 162 33 96.730438 calendars 1 13 1 3 6 1387 2376 82 31 96.459099 years 1 13 1 3 7 1488 2365 182 43 96.115814 following5 1 13 1 3 8 1688 2367 57 31 97.010185 thes 1 13 1 3 9 1763 2367 153 31 96.178818 effective5 1 13 1 3 10 1936 2367 79 33 96.686798 dates 1 13 1 3 11 2032 2367 71 33 96.969070 anda 1 13 1 4 0 777 2412 1325 47 -1 5 1 13 1 4 1 777 2412 188 32 96.645882 thereafter5 1 13 1 4 2 991 2413 92 43 96.804733 sixty5 1 13 1 4 3 1115 2414 74 42 96.845528 (60)5 1 13 1 4 4 1222 2415 84 43 96.350784 days5 1 13 1 4 5 1333 2415 181 43 96.350784 following5 1 13 1 4 6 1539 2417 81 32 96.972076 each5 1 13 1 4 7 1645 2417 202 42 96.431435 succeeding5 1 13 1 4 8 1869 2417 80 33 96.528595 nine5 1 13 1 4 9 1975 2418 127 32 96.043571 annual4 1 13 1 5 0 779 2463 1322 45 -1 5 1 13 1 5 1 779 2463 137 40 96.265770 periods5 1 13 1 5 2 935 2463 128 33 96.265770 submits 1 13 1 5 3 1082 2464 36 33 96.856995 in5 1 13 1 5 4 1138 2465 142 43 96.048286 writings 1 13 1 5 5 1297 2470 35 28 96.865143 to5 1 13 1 5 6 1352 2467 60 32 96.536537 thes 1 13 1 5 7 1430 2468 146 32 96.139977 Federal5 1 13 1 5 8 1595 2468 114 32 96.554169 Trades 1 13 1 5 9 1729 2467 226 34 96.206360 Commissions 1 13 1 5 10 1965 2459 19 56 92.234650 a5 1 13 1 5 11 2012 2469 89 32 92.234650 veri-4 1 13 1 6 0 778 2513 1322 46 -1 5 1 13 1 6 1 778 2513 67 33 96.861969 fied5 1 13 1 6 2 864 2518 116 38 96.870003 reports 1 13 1 6 3 998 2515 129 43 96.744781 settings 1 13 1 6 4 1145 2516 96 32 96.626434 forth5 1 13 1 6 5 1259 2517 36 32 96.730843 in5 1 13 1 6 6 1314 2517 107 33 96.862495 details 1 13 1 6 7 1438 2518 57 32 96.394394 thes 1 13 1 6 8 1512 2530 142 21 96.045380 manners 1 13 1 6 9 1672 2519 67 32 96.893341 ands 1 13 1 6 10 1758 2519 93 32 96.542778 forms 1 13 1 6 11 1867 2519 37 40 96.861938 in5 1 13 1 6 12 1920 2519 111 33 93.277145 which5 1 13 1 6 13 2049 2531 51 21 91.398674 re-4 1 13 1 7 0 778 2566 1321 45 -1 5 1 13 1 7 1 778 2566 169 39 90.948090 spondents 1 13 1 7 2 962 2566 137 33 95.975258 intends5 1 13 1 7 3 1114 2571 34 28 96.905495 to5 1 13 1 7 4 1162 2569 136 42 96.306915 comply5 1 13 1 7 5 1312 2580 40 20 96.591057 or5 1 13 1 7 6 1366 2569 63 32 96.057343 has5 1 13 1 7 7 1443 2569 170 42 96.599655 complied5 1 13 1 7 8 1628 2569 84 33 96.926056 with5 1 13 1 7 9 1725 2569 71 33 96.751625 this5 1 13 1 7 10 1810 2570 109 32 96.561623 order.5 1 13 1 7 11 1935 2571 61 31 93.050789 All5 1 13 1 7 12 2011 2582 88 21 92.787476 com-4 1 13 1 8 0 779 2615 1322 48 -1 5 1 13 1 8 1 779 2615 132 41 91.147263 pliance5 1 13 1 8 2 930 2620 133 38 96.848640 reports5 1 13 1 8 3 1078 2617 90 33 96.124680 shall5 1 13 1 8 4 1184 2618 136 34 96.695335 includes 1 13 1 8 5 1336 2620 83 31 96.695335 such5 1 13 1 8 6 1436 2619 226 33 96.161331 information5 1 13 1 8 7 1678 2631 176 31 96.161331 necessary5 1 13 1 8 8 1870 2632 39 21 96.458694 or5 1 13 1 8 9 1925 2622 176 41 96.718834 pertinent4 1 13 1 9 0 776 2665 996 46 -1 5 1 13 1 9 1 776 2669 35 29 96.898026 to5 1 13 1 9 2 823 2665 114 33 96.253654 insures 1 13 1 9 3 948 2668 209 41 96.673897 compliance5 1 13 1 9 4 1168 2669 84 32 97.018044 with5 1 13 1 9 5 1264 2671 57 31 97.018044 thes 1 13 1 9 6 1332 2670 193 41 97.006378 provisions5 1 13 1 9 7 1534 2671 40 32 97.006378 of5 1 13 1 9 8 1585 2671 67 32 96.991783 this5 1 13 1 9 9 1663 2671 109 33 96.715569 order. r .

“13,5: @EORGIA-PACIFIC CORPORATION. ~ 1011 984 ° : ' Decision and: Grder PARAGRAPH 10 - It is further ordered, That respondent notify the Commission at least thirty (30) days prior to any proposed change in the corporate respondent such as dissolution, assignment or sale, résulting ‘in the emergence of a successor corporation, the creation or dissolution of - subsidiaries or any change in the corporation which may affect compliance obligations arising out of the order. -FOREWORD TO APPENDICES 1 AND 2 The contracts relating to the purchase of raw material for use in connection with the operation of the various properties described: in Appendices 1 and 2, together with all property leases and leases. on automotive and other equipment will be assigned to Louisiana-Pacific ‘Corporation by Georgia-Pacific Corporation. me re APPENDIX 1. - “SAMOA DIVISION This division, headquartered at Samoa, California, with timberlands and plants located in the Northern California coastal area, manufactures kraft pulp, lumber and plywood products.’ Division assets include the following: .

Timber. Three major tracts of fee timber, involving 125,000 acres of timberland. Timber is 71 percent redwood, 25-percent Douglas fir, and 4 percent other species. Annual harvest is approximately 300,000M ft. Logging is performed by company and contract personnel. Sawmills. Three redwood sawmills, located at Samoa, Big Lagoon and Carlotta with a combined capacity of 214,000M ft. operate on a two-shift basis with a crew of 680 men. Rough lumber is transferred to three remanufacturing plants located at Eureka, Cloverdale and Healdsburg. The remanufacturing plants process approximately 50,000M ft. per year and employ 210 persons. A studmill, cutting 60,000M ft. per year and glueboard plant is also located at Samoa. Plywood. This plant, located at Samoa, employs 290 men and produces approximately 127,000M ft. (34’’) of fir and redwood plywood per year.

Pulp. 600 ton per day pulp mill constructed in 1964-65 employs 275 people and operates on 65 percent fir and 35 percent redwood. chips. Redwood and fir chips come from G-P operations and from local mills in the area. This mill produces bleached kraft pulp which is shipped approximately 55 percent to export markets and 45 percent domestically. G-P converting plants are a user of this pulp. 1012 FEDERAL “TRADE COMMISSION “DECISIONS ” Decision: and: ‘Order 81 F.T.C.

‘Ohip Eaport. A new chip export ‘facility has just been completed. wherein G-P will supply redwood chips for export and handle and load fir chips for other exporters. .

All plants are in good repair with many continued capital in improvements being: made. Total Samoa’ division employment, is 1,800. UKIAH DIVISION The Ukiah operations, headquartered at Ukiah, California, i is made up of 8 sawmills and one millwork plant. Principal products are Douglas fir, redwood and white fir lumber, pulp hips 8 and tmonlding. A total Of 865 people.are employed. . a - --Division’s assets include the following: . Timber. Fee timber invalves 157,500-acres of timberland. The timber species is principally Douglas-fir, along’ with some redwood, ‘white fir and pine. In addition to fee timber, the mills cut a substantial volume of Forest Service timber purchased on the open market. Logging is performed principally by contract operators. Sawmills. 8 sawmills, located at Alderpoint, Covelo, Dinsmore, Fort Bragg, Orrville, Potter Valley, Ukiah and Willits, California, have an annual rated capacity of 413,000M ft. A remanufacturing or millwork plant, located at Calpella, California, produces door jambs and mouldings. All plants are in-good repair and equipped with modern milling equipment.

INTERMOUNTAIN DIVISION This operation, headquartered at Coeur D'Alene, Idaho, consists of seven sawmills and one planing mill located in southeastern Washington, eastern Oregon, and northern Idaho, and manufactures pine, fir, hemlock and other white wood species of lumber and pulp chips. A total of 765 people are employed in the division. Division assets include the following:

_ Timber. Fee timber consists of 107, 000 acres of timberland. The timber species are principally pine, fir, hemlock and other white woods. The mills are currently cutting a substantial volume of Forest Service timber purchased on the open market. Logging is performed principally by contract loggers.

Sawmills. 7 sawmills located at Pilot Rock, Oregon, Walla Walla, and Tone, Washington, and Post Falls, Moyie Springs, Chilco, and Priest River, Tdaho, have an annual rated.capacity of 225,000M ft. A remanufacturing or planing mill located at Sandpoint, Idaho, processes, rough lumber produced at the Priest River and Chilco sawmills. All plants are in good repair and equipped with modern . milling equipment.

GEORGIA-PACIFIC CORPORATION: 1013 984 Decision and Order . WEATHER-SEAL DIVISION.

The Weather-Seal Division is comprised of six plants manufacturing complete lines of wood windows, doors and cabinets, and alumi- num windows and doors. About 50 percent of 1972 sales will be made through the Distribution Division, with the balance sold by outside salesmen or through Nu-Sash dealers.

The Orrville, Ohio, plant produces wood windows, most of which i are _ sold by outside salesmen. This is a union plant employing 109 people. Annual rated capacity (one 8-hour shift, five days a week) is 200,000 windows. G—P owns the 157,000 square foot plant, which is 13 years old ‘and in good condition. - ~The Ottawa, Ohio, plant produces wood casement windows, solid core doors and kitchen cabinets. Windows and doors are sold through the Distribution Division and by outside salesmen. Cabinets are produced in six major styles and three colors with many size variations and are sold through the Distribution Division. This is a. union plant employing 153 people. Annual rated capacity is 75,060 windows, 200,000 doors and 125,000 cabinets. G—-P owns the 351,000 square foot plant, which is nine years old and in good condition. ~The Caldwell, Ohio, plant manufactures aluminum windows used by schools and offices as replacement windows. All sales are made outside G-P, with Nu-Sash dealers handling about 50 percent of the volume. This small, non-union plant employs 30 people. Annual rated capacity is 126,000 windows. G—P has a lease option on the 24,000 square foot plant, which is four years old and in very good. condition. The Winesburg, Ohio, plant produces aluminum storm doors and windows for residential construction. All sales are made through the Distribution Division. This is a non-union plant employing 152 people. Annual rated capacity is 450,000 windows and 200,000 doors. G—-P has a lease option on the 41,000 square foot plant, which is 15 years old and in good condition.

The processing operation at Vorton, Ohio, produces Nu-Sash aluminum windows and doors for residential replacement. The windows are sold mainly through Nu-Sash dealers and the doors mainly through Distribution Division and outside salesmen. This union plant employs 134 people. Annual rated capacity is 210,000 windows and 282,000 doors.

The extrusion operation at Vorton, Ohio, produces aluminum sashes from purchased aluminum billets. Ail production is used in the processing operation at Norton or is transferred to the Caldwell and Winesburg plants. This union plant employs 88 people. Annual rated capacity is 9 million pounds of extrusions. 1014 . FEDERAL. TRADE) COMMISSION DECISIONS Decision. and Order 81 FTC.

_ The extrusion and processing operations at Vorton are both located . in one 138,000 square foot Plant \ which j is owned by G-P. Iti is 12 years old anid in fair condition.

An: agreement may be reached with the ‘Anaconda Company to ac: quire the metal operations of the Weather-Seal Division which en-_ compass the plants at’ Norton, Caldwell and ‘Winesburg, Ohio. This’ is subject to board approval | of the Anaconda Company. TEXAS- LOUISIANA OPERATION e These operations consist, of three plywood plants, ¢ one e-particleboard - plant with another one under construction, five sawmills with another one under construction, and one. wood. treating plant. Products: produced are. softwood plywood,, particleboard, creosoted .. poles. and - lumber,.A total,of approximately 1,500 people are employed. _Limber and Pimbertand.. Fee ‘timber involves 118,000 ‘acres. of . timberland.

» Plants. The: threeplywood plants located a at, Urania, Louisiana; New . Waverly, Texas; Corrigan, Texas, with an annual rated capacity of 499 million square feet, 3¢’’-basis.

The particleboard plant: is at: Urania, Louisiana; with an. annual rated capacity of 72 million square feet 34’’ basis; and one is under construction at Corrigan, Texas.

Five sawmills, located at DeQuincy, Louisiana; Jasper, Texas; Kounitze, Texas; and two at New Waverly, Texas, have a total annual rated capacity of 144,800,000 board feet; an additional sawmill is under construction at Carthage, Texas.

One 1600M cu. ft. treating plant for creosote and Woman treating of poles and lumber is at Urania, Louisiana. Raw material comes mostly from Urania lands. Sales are primarily to public utilities for transmission poles.

Miscellaneous. The Forestry Department, which also operates the treating plant, is responsible for managing the timber and procurement of all raw materials for the plants. KETCHIKAN (50 PERCENT OWNED) The Ketchikan operations, located at Ketchikan and Annette, Alaska, are comprised of a pulp mill and two sawmills. Georgia-Pacific and FMC each share 50 percent ownership in these operations. Pulp Mill. This modern 640-ton per day pulp mill, constructed in 1954, produces approximately 225,000 tons per year of dissolving pulp for shipment to domestic and export markets. This pulp is used principally in the manufacture of rayon fibers and cellophane film. Sub- ‘GEORGIA-PACIFIC CORPORATION 984 a Decision and Order stantial capital expenditures ‘have. been made over the recent years to keep the mill up to date and modern: Approximately 500 persons are employed.

Sawmills. Two sawmills located at Ketchikan and Metlakatla, Alaska; with an annual capacity of 160,000M bd. ft. produce spruce: and hemlock lumber, principally for export markets. The mills have been recently remodeled and modernized. Total employment 3 in the two sawmills is approximately 190 people. ‘Timber. Approximately 200,000M bd. ft. per year of hemlock ‘and spruce logs for the pulpmill and sawmill operations are taken from the Tongass National Forest under a Forest Service allotment program through purchases at periodic sales conducted by thé Forest Service. Approximately 5,000,000M bd. ft. remain to be logged in the allotment. A small volume of logs is available from fee lands and private owners. Logging is performed by company and contract personnel. The timber division employs 75 people.

APPENDIX 2 LOUISIANA-PACIFIC CORPORATION PLANTS AND. MILLS JUNE 30, 1972 {Figures in thousands] , Rated - 1971 capacity production Fir plywood plants 34” rough—3 shifts):

- Samoa, Calif. (sq. {t.)_.-._2-..---------- eee eee eee ee 127, 000 137, 280 Southern pine plywood 64” rough—3 shifts): Corrigan, Tex-.-...-_---.._-2----2-- eee ee eee 162,000 .._-_..--____. New Waverly, Tex --- 162, 000 54, 950 Urania, La__----- 175, 000 184, 600 Total (sq. ft.) 2-22 ee eeeeeee e e eeeee 499, 000 239, 550 West Coast sawmills redwood specialty:

Big Lagoon, Calif_....-....---------- 22-220 ene eee eee 46, 600 40, 695 Carlotta, Calif_. ---- aes -- 63, 000 87, vi Cloverdale, Calif... . (@) (1) Eureka, Calif... () ) Healdsburg, Calif. eee -- ae _— - (i Samoa, Calif......---.----- 222-22 - eee eee eee eee eee eee 105, 000 97, At} Total (bd. ft.)--.-.----- 22-2 eee eee ee eee eee 214, 000 195, 535 Fir and western pine: .

Alder Point, Calif. 42, 000 40, 350 Calpella, Calif 1 1 Chilco, Idaho 31, 000 ~ 29, 165° Covelo, Cali 49, 000 47, 235 Dinsmore, Cc 42, 000 34, 100 Ione, Wash... 32, 000 26, 365 Moyie Springs, Idaho-.- - a . 2, 060 33, 885 Orrville, Calif..-...___- 96, 000 79, 045 Pilot Rock, Oreg.__- - 58, 000 54, 805 Post Falls, ‘Idaho waeeee - - wee 31, 000 36, 640 Potter Valley, Calif____ - 33, 000 28, 950 Priest River, Idaho___- -- a 34, 000 31, 530 Sandpoint, Idaho. __- - - @) (1) Ukiah, Calif......... 54, 000 51, 790 Walla Walla, Wash 2... 2222 nee eee 20, 000 21, 245 Total (bd. ft.).---------------------- ee eee ee 564, 000 515, 105 WOES 7 —- OLE ~ FEDERAL:. TRADE ; COMMISSION. DECISIONS Decision and Order 81 FTC.

i - YOUISIANA-PACIFIC CORPORATION PLANTS AND MILLS. JUNE 30, 1972—Continued _— OT Rated 1971 ; capacity | production Spruce and hemlock:

Ketchikan, Alaska (50 percent ownership). 100, 000 76, 010 Metlakatla, Alaska (50 percent ownership) 60, 000 “10, 705 Total (bd. ft.)__....---11-------- 160,000 86, 715 Stud mil . ; . : : -_ Tort Bragg Calif. .........-----------------------22----+. beee bance essere 56,000 . . 51, 880 Samoa, Calif...... 5 44,5 1 16 4 2 5 2070 975 34 34 95.532257 5204 1 16 4 3 0 826 994 1278 44 -1 5 1 16 4 3 1 826 1013 86 25 96.775505 Willits,5 1 16 4 3 2 923 1011 62 21 88.858154 Calif5 1 16 4 3 3 1678 1022 81 15 0.000000 eoneee5 1 16 4 3 4 1839 994 86 43 84.916588 64,000.5 1 16 4 3 5 2028 1005 32 23 93.948647 55,5 1 16 4 3 6 2066 1005 38 20 83.832039 9253 1 16 5 0 0 852 1049 1250 40 -1 4 1 16 5 1 0 852 1055 1250 31 -1 5 1 16 5 1 1 852 1062 67 21 94.981674 Totals 1 16 5 1 2 930 1062 48 24 94.981674 (bd.5 1 16 5 1 3 992 1061 36 25 47.915936 ft.)5 1 16 5 1 4 1033 1049 594 40 0.000000 .----------------2e-eed5 1 16 5 1 5 1324 1045 17 51 0.000000 en5 1 16 5 1 6 1345 1045 22 51 0.000000 ee5 1 16 5 1 7 1370 1045 35 51 0.000000 cee5 1 16 5 1 8 1426 1045 26 51 10.506752 ee5 1 16 5 1 9 1460 1049 290 40 0.000000 rnegereeecetdeentneeetes5 1 16 5 1 10 1815 1055 100 28 70.790413 180,0005 1 16 5 1 11 1934 1040 26 51 48.755360 .-5 1 16 5 1 12 2016 1055 42 23 59.352135 152,5 1 16 5 1 13 2066 1055 36 20 90.215302 2752 1 17 0 0 0 1751 1087 354 9 -1 3 1 17 1 0 0 1751 1087 354 9 -1 4 1 17 1 1 0 1751 1087 354 9 -1 5 1 17 1 1 1 1751 1087 354 9 95.000000 2 1 18 0 0 0 778 1108 423 56 -1 3 1 18 1 0 0 778 1108 420 56 -1 4 1 18 1 1 0 778 1108 298 54 -1 5 1 18 1 1 1 778 1113 113 21 96.391426 Southern5 1 18 1 1 2 899 1113 53 24 96.652573 pines 1 18 1 1 3 961 1108 115 54 60.923420 sawmills:4 1 18 1 2 0 828 1134 373 30 -1 5 1 18 1 2 1 828 1137 178 27 91.650612 DeQuincy,5 1 18 1 2 2 972 1130 41 38 93.221115 La.5 1 18 1 2 3 1024 1134 182 29 78.178085 (Chip-N-Saw).2 1 19 0 0 0 826 1130 1279 107 -1 3 1 19 1 0 0 826 1130 1279 107 -1 4 1 19 1 1 0 826 1130 1279 107 -1 5 1 19 1 1 1 826 1130 1279 107 95.000000 2 1 20 0 0 0 1754 1240 351 3 -1 3 1 20 1 0 0 1754 1240 351 3 -1 4 1 20 1 1 0 1754 1240 351 3 -1 5 1 20 1 1 1 1754 1240 351 3 95.000000 2 1 21 0 0 0 1755 1288 352 8 -1 3 1 21 1 0 0 1755 1288 352 8 -1 4 1 21 1 1 0 1755 1288 352 8 -1 5 1 21 1 1 1 1755 1288 352 8 95.000000 2 1 22 0 0 0 1839 1326 267 32 -1 3 1 22 1 0 0 1839 1326 267 32 -1 4 1 22 1 1 0 1839 1326 267 32 -1 5 1 22 1 1 1 1839 1326 267 32 95.000000 2 1 23 0 0 0 1753 1363 353 9 -1 3 1 23 1 0 0 1753 1363 353 9 -1 4 1 23 1 1 0 1753 1363 353 9 -1 5 1 23 1 1 1 1753 1363 353 9 95.000000 2 1 24 0 0 0 1447 1425 306 3 -1 3 1 24 1 0 0 1447 1425 306 3 -1 4 1 24 1 1 0 1447 1425 306 3 -1 5 1 24 1 1 1 1447 1425 306 3 95.000000 2 1 25 0 0 0 1754 1439 352 8 -1 3 1 25 1 0 0 1754 1439 352 8 -1 4 1 25 1 1 0 1754 1439 352 8 -1 5 1 25 1 1 1 1754 1439 352 8 95.000000 2 1 26 0 0 0 1273 1499 406 6 -1 3 1 26 1 0 0 1273 1499 406 6 -1 4 1 26 1 1 0 1273 1499 406 6 -1 5 1 26 1 1 1 1273 1499 406 6 95.000000 2 1 27 0 0 0 1755 1512 352 10 -1 3 1 27 1 0 0 1755 1512 352 10 -1 4 1 27 1 1 0 1755 1512 352 10 -1 5 1 27 1 1 1 1755 1512 352 10 95.000000 2 1 28 0 0 0 1597 1573 157 5 -1 3 1 28 1 0 0 1597 1573 157 5 -1 4 1 28 1 1 0 1597 1573 157 5 -1 5 1 28 1 1 1 1597 1573 157 5 95.000000 2 1 29 0 0 0 550 1267 3 344 -1 3 1 29 1 0 0 550 1267 3 344 -1 4 1 29 1 1 0 550 1267 3 344 -1 5 1 29 1 1 1 550 1267 3 344 95.000000 2 1 30 0 0 0 1044 1597 729 66 -1 3 1 30 1 0 0 1044 1597 729 66 -1 4 1 30 1 1 0 1147 1597 626 28 -1 5 1 30 1 1 1 1147 1597 626 28 95.000000 4 1 30 1 2 0 1044 1625 729 38 -1 5 1 30 1 2 1 1044 1625 729 38 95.000000 2 1 31 0 0 0 1754 1614 351 6 -1 3 1 31 1 0 0 1754 1614 351 6 -1 4 1 31 1 1 0 1754 1614 351 6 -1 5 1 31 1 1 1 1754 1614 351 6 95.000000 2 1 32 0 0 0 550 1155 1561 515 -1 3 1 32 1 0 0 550 1155 1561 508 -1 4 1 32 1 1 0 1843 1155 249 24 -1 5 1 32 1 1 1 1843 1156 24 19 96.630478 42,5 1 32 1 1 2 1879 1155 37 20 90.516357 0005 1 32 1 1 3 2055 1156 37 23 27.404289 ys4 1 32 1 2 0 1812 1180 293 24 -1 5 1 32 1 2 1 1812 1183 11 5 62.505661 *5 1 32 1 2 2 1842 1181 30 23 94.033302 20,5 1 32 1 2 3 1879 1181 40 19 87.993958 0005 1 32 1 2 4 2029 1180 31 23 93.060791 18,5 1 32 1 2 5 2067 1180 38 20 93.060791 7454 1 32 1 3 0 1842 1205 263 26 -1 5 1 32 1 3 1 1842 1205 86 25 65.182800 31,200.5 1 32 1 3 2 1952 1207 23 4 60.079876 °°5 1 32 1 3 3 2030 1205 75 26 0.000000 «18,8554 1 32 1 4 0 840 1226 1265 67 -1 5 1 32 1 4 1 840 1279 3 8 82.374725 .5 1 32 1 4 2 853 1264 67 20 96.744385 Totals 1 32 1 4 3 931 1263 49 24 96.003632 (bd.5 1 32 1 4 4 994 1262 34 24 15.112068 Pe)5 1 32 1 4 5 1083 1226 220 67 16.596230 eee5 1 32 1 4 6 1309 1260 344 30 0.000000 nnpnennnnnnepcnnenncneevnn5 1 32 1 4 7 1658 1257 95 24 0.000000 teense5 1 32 1 4 8 1832 1256 41 24 96.119240 129,5 1 32 1 4 9 1880 1256 38 19 96.315834 2005 1 32 1 4 10 2030 1256 30 22 77.853363 77,5 1 32 1 4 11 2068 1255 37 20 94.065506 2754 1 32 1 5 0 779 1301 1279 34 -1 5 1 32 1 5 1 779 1314 114 21 67.900955 Southern.5 1 32 1 5 2 902 1314 56 20 67.900955 Pines 1 32 1 5 3 966 1313 56 21 93.936966 stud5 1 32 1 5 4 1030 1301 68 32 88.116898 mills:5 1 32 1 5 5 1532 1332 2 2 0.000000 :5 1 32 1 5 6 1652 1314 106 20 9.478409 oe5 1 32 1 5 7 2034 1303 24 6 0.000000 o:4 1 32 1 6 0 828 1335 925 28 -1 5 1 32 1 6 1 828 1340 57 19 96.890556 News 1 32 1 6 2 895 1338 112 25 96.539879 Waverly,5 1 32 1 6 3 1017 1338 54 20 96.651329 Tex.5 1 32 1 6 4 1083 1337 48 24 93.304268 (bd.5 1 32 1 6 5 1141 1335 239 25 2.333672 ft.)..-.-_---------5 1 32 1 6 6 1380 1336 139 19 11.501434 ae5 1 32 1 6 7 1522 1348 231 5 6.077194 aan4 1 32 1 7 0 554 1373 1373 40 -1 5 1 32 1 7 1 554 1398 15 3 25.222328 a5 1 32 1 7 2 779 1389 168 21 92.587082 Particleboard5 1 32 1 7 3 956 1388 84 25 96.662941 plants:5 1 32 1 7 4 1370 1383 2 2 0.000000 .5 1 32 1 7 5 1684 1373 1 3 3.955170 ,5 1 32 1 7 6 1774 1391 3 2 50.107773 :5 1 32 1 7 7 1924 1389 3 2 11.633522 -4 1 32 1 8 0 550 1402 1554 37 -1 5 1 32 1 8 1 550 1417 2 16 69.862976 :5 1 32 1 8 2 830 1414 91 25 95.542786 Urania,5 1 32 1 8 3 933 1413 39 21 91.627304 La.5 1 32 1 8 4 985 1413 43 24 92.855995 (sq.5 1 32 1 8 5 1038 1412 404 24 53.117161 ft.)-.-.--------------------------5 1 32 1 8 6 1620 1424 46 4 39.373024 ----5 1 32 1 8 7 1840 1402 34 34 94.823532 72,5 1 32 1 8 8 1885 1402 35 34 94.290840 0005 1 32 1 8 9 2028 1406 31 22 96.536392 91,5 1 32 1 8 10 2070 1406 34 19 96.536392 6804 1 32 1 9 0 550 1450 1554 43 -1 5 1 32 1 9 1 550 1459 3 34 75.918938 i5 1 32 1 9 2 711 1463 2 2 0.000000 '5 1 32 1 9 3 746 1461 101 30 1.368866 Wood treating plants: e oot :

i Urania, La. (cU. ft.) ween enn nnn nn ne enn ene een nee eee 1, 600 1, 285 : Pulp plants: : : : : ;

Ketchikan, Alaska —dissolving pulp (50 percent ownership) .- 225 210. 91 Samoa, Calif. —krait ‘pulp. 210 171.99 “Total (tons) __-- : 9855 1 32 1 14 6 1964 1620 147 30 23.886856 «382.90.2 1 33 0 0 0 1754 1665 352 7 -1 3 1 33 1 0 0 1754 1665 352 7 -1 4 1 33 1 1 0 1754 1665 352 7 -1 5 1 33 1 1 1 1754 1665 352 7 95.000000 2 1 34 0 0 0 780 1671 1188 174 -1 3 1 34 1 0 0 780 1671 1188 169 -1 4 1 34 1 1 0 780 1671 807 52 -1 5 1 34 1 1 1 780 1690 100 20 95.414848 Kitchens 1 34 1 1 2 889 1689 109 25 96.781639 cabinets,5 1 34 1 1 3 1009 1671 130 49 89.670937 aluminum5 1 34 1 1 4 1146 1687 52 35 90.872910 ands 1 34 1 1 5 1201 1686 66 33 96.707321 woods 1 34 1 1 6 1274 1686 56 33 96.056747 doors 1 34 1 1 7 1339 1686 46 33 96.113022 ands 1 34 1 1 8 1394 1685 98 34 96.901192 windows 1 34 1 1 9 1495 1679 92 44 70.735268 ‘Plants:4 1 34 1 2 0 850 1705 294 33 -1 5 1 34 1 2 1 850 1714 96 24 55.910027 ‘aldwell,5 1 34 1 2 2 958 1705 58 29 16.350853 Ohio.5 1 34 1 2 3 1034 1730 60 4 0.000000 ----.5 1 34 1 2 4 1101 1730 43 3 0.000000 222.4 1 34 1 3 0 829 1736 292 34 -1 5 1 34 1 3 1 829 1736 96 34 96.141121 Norton,5 1 34 1 3 2 938 1731 59 29 82.817856 Ohio5 1 34 1 3 3 1008 1739 20 23 96.877686 (25 1 34 1 3 4 1037 1737 84 26 96.859070 plants)4 1 34 1 4 0 830 1764 289 25 -1 5 1 34 1 4 1 830 1765 98 24 93.071190 Ottawa,5 1 34 1 4 2 940 1764 179 21 18.446953 Ohio._.-.-..--4 1 34 1 5 0 831 1777 215 42 -1 5 1 34 1 5 1 831 1777 101 42 94.175629 Orrville,5 1 34 1 5 2 945 1790 101 19 51.528469 Ohio--.-4 1 34 1 6 0 829 1802 1139 43 -1 5 1 34 1 6 1 829 1802 137 43 95.956673 Winesburg,5 1 34 1 6 2 978 1815 59 20 17.577370 Ohio.5 1 34 1 6 3 1070 1831 14 4 0.000000 25 1 34 1 6 4 1101 1829 169 5 13.337692 ones 1 34 1 6 5 1277 1829 43 3 12.495728 en5 1 34 1 6 6 1376 1827 118 5 31.162003 ee5 1 34 1 6 7 1546 1826 36 4 23.136826 ene5 1 34 1 6 8 1605 1825 26 4 28.725212 ne5 1 34 1 6 9 1645 1825 32 3 22.807922 nr5 1 34 1 6 10 1702 1824 28 4 21.887177 ne5 1 34 1 6 11 1756 1824 36 4 22.412743 nen5 1 34 1 6 12 1801 1824 16 3 22.803200 re5 1 34 1 6 13 1824 1824 43 3 6.914200 nee5 1 34 1 6 14 1886 1823 82 4 0.000000 renee2 1 35 0 0 0 1049 1709 1067 117 -1 3 1 35 1 0 0 1049 1709 1067 117 -1 4 1 35 1 1 0 1125 1709 991 68 -1 5 1 35 1 1 1 1125 1709 991 68 95.000000 4 1 35 1 2 0 1049 1777 1067 49 -1 5 1 35 1 2 1 1049 1777 1067 49 95.000000 2 1 36 0 0 0 2082 1840 15 12 -1 3 1 36 1 0 0 2082 1840 15 12 -1 4 1 36 1 1 0 2082 1840 15 12 -1 5 1 36 1 1 1 2082 1840 15 12 95.000000 2 1 37 0 0 0 781 1856 1328 13 -1 3 1 37 1 0 0 781 1856 1328 13 -1 4 1 37 1 1 0 781 1856 1328 13 -1 5 1 37 1 1 1 781 1856 1328 13 95.000000 2 1 38 0 0 0 803 1890 244 46 -1 3 1 38 1 0 0 803 1890 244 46 -1 4 1 38 1 1 0 803 1890 244 24 -1 5 1 38 1 1 1 803 1892 6 14 91.242340 15 1 38 1 1 2 823 1890 224 24 91.242340 Remanufacturing.4 1 38 1 2 0 803 1916 99 20 -1 5 1 38 1 2 1 803 1917 28 19 65.564255 215 1 38 1 2 2 841 1916 61 20 96.301857 shift.2 1 39 0 0 0 871 1979 1148 30 -1 3 1 39 1 0 0 871 1979 1148 30 -1 4 1 39 1 1 0 871 1979 1148 30 -1 5 1 39 1 1 1 871 1989 295 20 90.113899 LOUISIANA-PACIFIC5 1 39 1 1 2 1182 1987 210 20 96.201019 CORPORATIONS 1 39 1 1 3 1409 1984 117 21 93.324112 1972-19735 1 39 1 1 4 1540 1984 99 20 95.892868 PLANTS 1 39 1 1 5 1652 1983 162 19 96.073807 ADDITIONS5 1 39 1 1 6 1828 1982 79 19 96.642235 JUNE5 1 39 1 1 7 1921 1980 33 27 94.745605 30,5 1 39 1 1 8 1971 1979 48 20 96.819672 19722 1 40 0 0 0 781 2023 1327 15 -1 3 1 40 1 0 0 781 2023 1327 15 -1 4 1 40 1 1 0 781 2023 1327 15 -1 5 1 40 1 1 1 781 2023 1327 15 95.000000 2 1 41 0 0 0 1611 2056 467 29 -1 3 1 41 1 0 0 1611 2056 467 29 -1 4 1 41 1 1 0 1611 2056 467 29 -1 5 1 41 1 1 1 1611 2059 99 21 81.636810 Millions5 1 41 1 1 2 1745 2052 17 37 54.971359 §5 1 41 1 1 3 1766 2058 164 27 96.431725 Approximates 1 41 1 1 4 1938 2056 140 27 85.475044 completion2 1 42 0 0 0 782 2098 1326 15 -1 3 1 42 1 0 0 782 2098 1326 15 -1 4 1 42 1 1 0 782 2098 1326 15 -1 5 1 42 1 1 1 782 2098 1326 15 95.000000 2 1 43 0 0 0 780 2142 1221 101 -1 3 1 43 1 0 0 780 2142 1221 101 -1 4 1 43 1 1 0 780 2142 263 25 -1 5 1 43 1 1 1 780 2142 169 22 92.313889 Particleboard5 1 43 1 1 2 958 2142 85 25 96.789322 plants:4 1 43 1 2 0 832 2159 1057 32 -1 5 1 43 1 2 1 832 2167 115 24 96.601082 Corrigan,5 1 43 1 2 2 958 2167 54 21 95.860764 Tex.5 1 43 1 2 3 1024 2166 49 25 94.346001 (Sq.5 1 43 1 2 4 1082 2166 26 21 95.945999 ft.5 1 43 1 2 5 1122 2165 58 25 7.408714 341). ----.--------------------------- 90 March 1973. Pine sawmilis:

Carthage, Tex. (Chip-N-Saw) (Bd. ft.) -..------.----------- 83 Second quarter 1973. West coast stud mills:

Moyie Springs, Idaho (Bd. ft.)..--.----------------------+-- 60 November 1972.