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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549

FORM 10-Q

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934



For quarter ended January 31, 2004 Commission File No. 0-1370




LONGVIEW FIBRE COMPANY
(Exact name of registrant as specified in its charter)



Washington 91-0298760
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)



300 Fibre Way, Longview, Washington 98632
(Address of principal executive offices) (Zip Code)




Registrant's telephone number, including area code (360) 425-1550



Not Applicable
Former name, former address and former fiscal year, if changed since last
report


Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days. Yes X No


Indicate by check mark whether the registrant is an accelerated filer (as
defined in Rule 12b-2 of the Act). Yes X No


51,076,567 Common Shares were outstanding as of February 29, 2004


Page 1

PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

Consolidated Balance Sheet (000 Omitted)
Jan. 31 Oct. 31 Jan. 31
2004 2003 2003
(Unaudited) (Unaudited)
ASSETS
Current assets:
Accounts and notes receivable $ 84,205 $ 99,754 $ 92,979
Allowance for doubtful accounts 1,350 1,350 1,350
Taxes on income, refundable - - 2,293
Inventories, at lower of cost or market;
costs are based on last-in, first-out method
except for supplies at current averages
Finished goods 15,820 15,306 16,313
Goods in process 9,160 8,549 11,926
Raw materials and supplies 39,215 41,493 39,946
Other 8,864 7,109 8,494
Total current assets 155,914 170,861 170,601
Capital assets:
Buildings, machinery and equipment at cost 1,819,667 1,815,959 1,836,168
Accumulated depreciation 1,111,677 1,094,266 1,076,004
Costs to be depreciated in future years 707,990 721,693 760,164
Plant sites at cost 3,549 3,549 3,524
711,539 725,242 763,688
Timber at cost less depletion 186,032 185,216 186,672
Roads at cost less amortization 8,378 8,481 8,759
Timberland at cost 20,671 20,168 20,111
215,081 213,865 215,542
Total capital assets 926,620 939,107 979,230
Pension and other assets 148,728 145,436 135,541
$1,231,262 $1,255,404 $1,285,372

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Payable to bank resulting from
checks in transit $ 6,401 $ 11,190 $ 2,755
Accounts payable 44,574 53,132 45,092
Short-term borrowings 15,000 44,000 12,000
Payrolls payable 14,869 13,465 13,440
Other taxes payable 8,702 8,465 9,409
Current installments of long-term debt 30,000 - 50,000
Total current liabilities 119,546 130,252 132,696
Long-term debt 463,526 463,003 498,266
Deferred taxes-net 190,107 195,410 192,549
Other liabilities 35,059 34,432 31,452
Shareholders' equity:
Common stock, ascribed value $1.50 per share;
authorized 150,000,000 shares; issued
51,076,567 shares 76,615 76,615 76,615
Additional paid-in capital 3,306 3,306 3,306
Retained earnings 343,103 352,386 350,488
Total shareholders' equity 423,024 432,307 430,409
$1,231,262 $1,255,404 $1,285,372

The accompanying notes are an integral part of these financial statements.


Page 2

Consolidated Statement of Income (Unaudited)
(000 Omitted)
Three Months Ended
January 31
2004 2003
Net sales:
Timber $ 34,510 $ 41,297
Paper and paperboard 42,367 48,005
Converted products 93,050 100,352
169,927 189,654

Cost of Products sold, including outward freight 155,853 159,895
Gross profit 14,074 29,759

Selling, administrative and general expenses 19,437 17,026

Operating profit (loss):
Timber 13,657 17,029
Paper and paperboard (8,677) (3,058)
Converted products (10,343) (1,238)
(5,363) 12,733

Interest income 36 74
Interest expensed (9,620) (10,932)
Miscellaneous 213 368
Income (loss) before income taxes (14,734) 2,243

Provision (benefit) for taxes on income:
Current (148) 23
Deferred (5,303) 807
(5,451) 830

Net income (loss) $ (9,283) $ 1,413


Dollars per share:
Net income (loss) $ (0.18) $ 0.03


Average shares outstanding in the hands
of the public (000 omitted) 51,077 51,077


The accompanying notes are an integral part of these financial statements.


Page 3

Consolidated Statement of Cash Flows (Unaudited)
(000 Omitted)
Three Months Ended
January 31
2004 2003
Cash provided by (used for) operations:
Net income (loss) $(9,283) $ 1,413
Charges to income (loss) not requiring cash:
Depreciation 17,908 17,398
Depletion and amortization 1,333 1,947
Deferred taxes - net (5,303) 807
(Gain)loss on disposition of capital assets (35) 262

Change in:
Accounts and notes receivable 15,549 8,951
Inventories 1,153 3,404
Other (1,755) (1,036)
Pension and other noncurrent assets (2,817) (288)
Accounts, payrolls and other taxes payable (6,945) (3,299)
Other noncurrent liabilities 627 747
Cash provided by operations 10,432 30,306

Cash provided by (used for) investing:
Additions to: Plant and equipment (4,235) (9,002)
Timber and timberlands (2,574) (838)
Proceeds from sale of capital assets 90 296
Cash used for investing (6,719) (9,544)

Cash provided by (used for) financing:
Long-term debt 30,048 (24,353)
Short-term borrowings (29,000) 10,000
Payable to bank resulting from checks in transit (4,789) (4,709)
Accounts payable for construction 28 (1,700)
Cash used for financing (3,713) (20,762)


Change in cash position - -
Cash position, beginning of period - -
Cash position, end of period $ - $ -

Supplemental disclosures of cash flow information:
Cash paid (received) during the period for:
Interest (net of amount capitalized) $15,333 $15,638
Income taxes (1) (10)

The accompanying notes are an integral part of these financial statements.


Page 4

Consolidated Statement of Shareholders' Equity (Unaudited)

(000 Omitted)
Three Months Ended
January 31
2004 2003
Common stock:
Balance at beginning of period $ 76,615 $ 76,615
Balance at end of period $ 76,615 $ 76,615


Additional paid-in capital:
Balance at beginning of period $ 3,306 $ 3,306
Balance at end of period $ 3,306 $ 3,306

Retained earnings:
Balance at beginning of period $352,386 $349,075
Net income (loss) (9,283) 1,413
Balance at end of period $343,103 $350,488

Common shares:
Balance at beginning of period 51,077 51,077
Balance at end of period 51,077 51,077





The accompanying notes are an integral part of these financial statements.


Page 5

NOTE 1: The consolidated interim financial statements have been prepared by
the company, without audit and subject to year-end adjustment, in accordance
with generally accepted accounting principles, except that certain information
and footnote disclosure made in the latest annual report have been condensed
or omitted for the interim statements. Accordingly, these statements should
be read in conjunction with the company's latest annual report. Certain costs
of a normal recurring nature are estimated for the full year and allocated in
interim periods based on estimates of operating time expired, benefit
received, or activity associated with the interim period. The consolidated
financial statements reflect all adjustments which are, in the opinion of
management, necessary for fair presentation.


NOTE 2: We have two interest rate swap agreements with notional amounts of $70
million which mature on January 15, 2009 and involve the exchange of fixed
interest rate payments for variable interest rate payments without the
exchange of the underlying principal amounts. Variable rates are based on
LIBOR and are reset on a semi-annual basis. The differential between fixed
and variable rates to be paid or received is accrued as interest rates change
in accordance with the agreements and recognized as an adjustment to interest
expense.

A deferred gain on terminated agreements was $6.6 million and $5.1 million at
January 31, 2004 and 2003, respectively. The deferred gain is included in
other liabilities in the accompanying balance sheet and will reduce interest
expense over the term of the Senior Subordinated Notes. The mark-to market
adjustment at January 31, 2004 and 2003 resulted in a derivative asset of $475
thousand and $407 thousand, respectively, with a corresponding fair value
adjustment to long-term debt.


NOTE 3: Subsequent event - In March 2004, we terminated the interest rate
swaps and received cash of $2.0 million resulting in a deferred gain of $1.7
million. The deferred gain will be included in other liabilities in the
balance sheet and will reduce interest expense over the term of the Senior
Subordinated Notes.


Page 6

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS

CONSOLIDATED STATEMENT OF INCOME

THREE MONTHS ENDED JANUARY 31, 2004 COMPARED WITH

THREE MONTHS ENDED JANUARY 31, 2003

Net Sales - First fiscal quarter 2004 net sales were $169.9 million, compared
with $189.7 million for the first fiscal quarter of 2003. This 10.4% decrease
resulted from a decrease in timber net sales of $6.8 million, or 16.4%, a
decrease in paper and paperboard net sales of $5.6 million, or 11.7%, and a
decrease in converted product net sales of $7.3 million, or 7.3%. See
"Selected Segment Results" below.

Cost of Products Sold - First fiscal quarter 2004 cost of products sold was
$155.9 million, or 91.7% of net sales, compared with $159.9 million, or 84.3%
of net sales, for first fiscal quarter 2003. Cost of products sold, as a
percent of sales, was negatively affected by a 62% utilization rate at the
Longview paper mill, driving fixed costs per unit up with declining volume,
compared with first quarter of 2003 utilization rate of 67%. In addition, a
7% increase in the cost of purchased power and fiber at the Longview mill, a
7% increase in labor cost per ton at the paper mill and in the converting
segment, and reduced pension income all negatively affected cost of products
sold as a percent of sales. Pension income has a positive effect on cost of
products sold in all of our segments by reducing our accrued labor
obligations.

Our cost of products sold also includes depreciation, depletion and
amortization costs. Depreciation, depletion and amortization consist
primarily of depreciation on our plant and equipment, the depletion cost of
timber harvested and, to a lesser degree, amortization of logging roads. This
expense was $19.2 million for first fiscal quarter 2004 compared with $19.3
million for first fiscal quarter 2003.

Selling, General and Administrative Expenses - First fiscal quarter 2004
selling, general and administrative expenses were $19.4 million, or 11.4% of
net sales, compared with $17.0 million, or 9.0% of net sales, for first fiscal
quarter 2003. As a percent of sales, the increase was primarily caused by the
reduction of sales coupled with increased depreciation and other costs
associated with the implementation of our ERP project, and lower pension
income.

Operating Profit (Loss) - First fiscal quarter 2004 operating loss was $5.4
million compared with operating profit of $12.7 million for the first fiscal
quarter 2003. See "Selected Segment Results" below.

Provision (Benefit) for Taxes on Income - First fiscal quarter 2004 benefit
for income taxes was $(5.5) million reflecting a tax rate of 37%. First
fiscal quarter 2003 provision for income taxes was $0.8 million reflecting a
tax rate of 37%.

Net Income (Loss) - For the reasons noted above, the company incurred a net
loss of $9.3 million for the first fiscal quarter 2004 compared with net
income of $1.4 million for first fiscal quarter 2003.


Page 7

Selected Segment Results

Timber Fiscal Quarter Ended
January 31 Percentage
2004 2003 Increase/(Decrease)
Timber net sales, $ millions $34.5 $41.3 (16.4%)
Timber operating profit, $ millions 13.7 17.0 (19.8%)

Logs, thousands of board feet 48,752 67,350 (27.6%)
Lumber, thousands of board feet 26,085 19,678 32.6%
Logs, $/thousand board feet $524 $520 0.8%
Lumber, $/thousand board feet 343 319 7.5%

First fiscal quarter 2004 timber net sales were $34.5 million, compared with
$41.3 million for first fiscal quarter 2003. This 16.4% decrease was due
primarily to a decrease in log volume of 27.6%, partially offset by a 32.6%
increase in lumber volume, and increased lumber and log prices of 7.5% and
0.8%, respectively. The log volume decline was primarily the result of the
severe weather in the Pacific Northwest in late December through mid-January
that prevented adequate conditions for harvesting logs on our tree farms. A
secondary factor was the timing of export shipments. Barring further adverse
weather conditions, we anticipate increasing harvest in subsequent fiscal 2004
quarters to make up for this first quarter shortfall. Average log prices are
expected to increase in the second quarter by approximately $25/MBF and
average lumber prices have increased by approximately $50/MBF.

First fiscal quarter export sales were $8.3 million, or 24.1% of timber net
sales, compared with $11.6 million, or 28.2% of timber net sales for first
fiscal quarter 2003. This decrease was the result of decreased log export
volume of 30.9% for the reasons stated above, partially offset by an increase
in log export prices of 1.7%. Log export prices increased as a result of the
dollar remaining relatively weak compared to the yen during the fiscal
quarter.

First fiscal quarter 2004 operating profit was $13.7 million, compared with
$17.0 million for the first fiscal quarter 2003. The primary reason for this
19.8% decline was a decrease in log volume sold partially offset by the export
price increase.


Paper and Paperboard Fiscal Quarter Ended
January 31 Percentage
2004 2003 Increase/(Decrease)
Paper and Paperboard net sales,
$ millions $42.4 $48.0 (11.7%)
Paper and Paperboard operating
profit (loss), $ millions (8.7) (3.1) -

Paper, tons 60,632 69,733 (13.1%)
Paperboard, tons 19,891 19,751 0.7%
Paper, $/ton FOB mill equivalent $550 $556 (1.1%)
Paperboard, $/ton FOB mill equivalent 340 345 (1.4%)

First fiscal quarter 2004 paper and paperboard net sales were $42.4 million,
compared with $48.0 million for first fiscal quarter 2003. This 11.7%
decrease was primarily due to a 13.1% decrease in paper volume and decreases
in paper and paperboard prices of 1.1% and 1.4%, respectively. However, with
the weaker U.S. dollar, coupled with some product mix change, we were able to
achieve increases in our average export paper price of 3.7% and export
paperboard price of 3.5%, compared with first fiscal quarter 2003. Price
increases for domestic paper and paperboard have been announced by the company
for second fiscal quarter 2004.

First fiscal quarter 2004 export sales in the paper and paperboard segment
were $10.7 million, or 25.3% of paper and paperboard net sales, compared with
$15.9 million, or 33.1%, for first fiscal quarter 2003. This decrease as a


Page 8

percentage of segment net sales was primarily the result of 38.5% and 29.7%
decreases in export paper and paperboard volume, respectively. Export demand
for our products declined due to aggressive pricing employed by sack Kraft
paper producers in Europe. Partially offsetting the reduced demand was the
pricing impact of the weaker U.S. dollar.

First fiscal quarter 2004 paper and paperboard operating loss was $8.7
million, compared with an operating loss of $3.1 million for the first fiscal
quarter 2003. Operating results were negatively affected by our mill
operating at 62% of capacity as compared with 67% in the first fiscal quarter
2003, driving fixed costs per unit up with declining volume, and a 7% increase
in both fiber costs and purchased power. Labor costs per ton also increased
by 7% due in part to a 6% reduction in productivity measured in hours per ton.
The decrease in productivity was caused in part by operational problems at the
mill. Management has placed a high priority on identifying and preventing
mechanical and operational issues to improve machine uptime and machine
reliability and increase throughput per scheduled machine hour.


Converted Products Fiscal Quarter Ended
January 31 Percentage
2004 2003 Increase/(Decrease)
Converted Products sales, $ millions $ 93.1 $100.4 (7.3%)
Converted Products operating
profit (loss), $ millions (10.3) (1.2) -

Converted Products, tons 115,969 124,879 (7.1%)
Converted Products, $/ton $802 $804 (0.2%)

First fiscal quarter 2004 converted products net sales were $93.1 million,
compared with $100.4 million for first fiscal quarter 2003. This 7.3% decline
was primarily due to a 7.1% decrease in volume coupled with a modest 0.2%
decrease in price. The decrease in volume was primarily caused by the demand
for our converted products remaining weak due to packaging demand trailing the
U.S. economic upswing in the first fiscal quarter, coupled with the severe
weather in the Western U.S. and Northern tier states where our converting
plants are located. First fiscal quarter operating loss was $10.3 million,
compared with an operating loss of $1.2 million for first fiscal quarter 2003.
The primary reasons for the increased operating loss were the volume decrease,
an increase of 9% in the cost of paperboard from our mill, and labor cost
increase of 7%. The labor cost increase was due primarily to decreased
pension income and increases in other indirect payroll costs, despite a 3%
decrease in labor hours per ton of production.


LIQUIDITY AND CAPITAL RESOURCES

At January 31, 2004, our total borrowed debt of $508.1 million included
long-term debt of $463.1 million, current installments of long-term debt of
$30.0 million and short-term borrowings of $15.0 million.

During December 2003, we entered into a new four-year $250 million senior
unsecured credit facility. The initial borrowings under the new revolving
credit facility were used to repay and cancel our old $250 million senior
unsecured revolving credit facility and to pay transaction costs on the new
revolving credit facility.

At January 31, 2004, we had $125.0 million outstanding under the $250 million
revolving credit facility, excluding letters of credit of $17.2 million. Also
outstanding at January 31, 2004, were various senior notes totaling $154.5
million, revenue bonds of $14.5 million and $214.1 million of senior
subordinated notes, net of original issuance discount. We did not have any
borrowings on a $15 million uncommitted line of credit. As of January 31,
2004, we had $122.8 million available under our bank lines of credit. Our
financing arrangements require us to be in compliance with certain financial
covenants, including minimum net worth, short- and long-term borrowing ratio


Page 9

and fixed charge coverage ratio requirements and restrict our payment of
dividends. At January 31, 2004 we were in compliance with such covenants.

In July 2003, we entered into two fixed-to-floating interest rate swaps for a
total of $70.0 million of the $215 million of our 10% Senior Subordinated
Notes due 2009. The purpose of the swaps is to manage our exposure to high
fixed rate debt by converting a portion of our outstanding debt from a fixed
to a lower variable interest rate. The new floating rate swaps have rates of
approximately 7.29%. Previously the company had entered into other fixed-to-
floating interest rate swaps which were subsequently terminated to monetize
the gain incurred due to lower interest rates and changes in yield. In both
instances, the proceeds were used to repay debt and will be recognized as a
reduction of interest expense over the remaining life of the senior
subordinated notes, which mature in 2009. A deferred gain on the terminated
agreements of $6.6 million is included in other liabilities at January 31,
2004.

In March 2004, we terminated the interest rate swaps and received cash of $2.0
million resulting in a deferred gain of $1.7 million. The deferred gain will
be included in other liabilities in the balance sheet and will reduce interest
expense over the term of the Senior Subordinated Notes.

Net cash provided by operations was $10.4 million in the first fiscal quarter
2004 and $30.3 million for the first fiscal quarter 2003. The primary reason
for the decrease was the net loss of $9.3 million incurred for first fiscal
quarter 2004.

Net cash used for investing was $6.7 million in the first fiscal quarter 2004
and $9.5 million in the first fiscal quarter 2003. Our capital expenditures,
including timberland acquisitions, were $6.8 million in the first fiscal
quarter 2004 and $9.8 million in the first fiscal quarter 2003. Capital
expenditures are expected to be $40 to $50 million for fiscal year 2004
including expenditures for timberland purchases, plant and equipment, and
environmental compliance.

Net cash used for financing in the first fiscal quarter 2004 was $3.7 million
while net cash used for financing was $20.8 million for the first fiscal
quarter 2003. Borrowed debt increased by $1.0 million since October 31, 2003
due to reduced cash from operations offset in part by modest capital
expenditures. Borrowed debt decreased from first fiscal quarter 2003 levels
by $51.8 million.

Each quarter we determine the amount of our dividend based on, among other
things, operating results, current market conditions, debt levels and
covenants of financing agreements. Cash dividends were not paid in either the
first fiscal quarter 2004 or first fiscal quarter 2003.

We believe that our cash flow generated from operations and available
borrowings under our revolving credit facility and our other line of credit
provide sufficient resources to fund operations and to meet our debt payment
obligations and foreseeable capital expenditure requirements.


FORWARD-LOOKING STATEMENTS

This Form 10-Q contains forward-looking statements, including statements
concerning anticipated timber harvest levels; expected resources to fund
operations, meet debt payment obligations and foreseeable capital
expenditures; anticipated pricing and market conditions for the company's
products, including expected log price increases and the realization of
announced domestic paper and paperboard price increases; improving paper and
paperboard machine uptime and reliability and increasing throughput; the
effect weather may have on company operations; possible effects of changes in
currency exchange rates between the U.S. dollar and the currencies of
important export markets; foreseeable capital expenditures; and anticipated
operational benefits through improved mill operations.


Page 10

Forward-looking statements are based on the company's estimates and
projections on the date they are made, and are subject to a variety of risks
and uncertainties. Actual events could differ materially from those
anticipated by the company due to a variety of factors, including, among
others, developments in the world, national, or regional economy or involving
the company's customers or competitors affecting supply of or demand for the
company's products and energy; changes in product and energy prices; changes
in currency exchange rates between the U.S. dollar and the currencies of
important export markets; and unforeseen developments in the company's
business, including unforeseen capital requirements or reduced cash from
operations. The company does not undertake any obligation to update forward-
looking statements should circumstances or the company's estimates or
projections change.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK

We generally do not engage in commodity, currency or interest rate hedging
arrangements or engage in transactions involving derivatives, but during the
quarter we had in effect two interest rate swaps to obtain a lower effective
interest rate on our borrowings. See Note 2 to our financial statements for a
more detailed discussion of our interest rate swaps. Our exposure to market
risks on our financial instruments is limited to interest rate changes on
variable rate debt, including debt under our revolving credit facilities. The
interest rates applied to our variable rate borrowings are adjusted often and
therefore react quickly to any movement in the general trend of market
interest rates. Interest expense incurred annually related to our variable
rate debt is dependent upon the amount outstanding during the year and the
extent to which interest rates rise and fall.

ITEM 4. CONTROLS AND PROCEDURES

We maintain a system of controls and procedures designed to provide reasonable
assurance as to the reliability of the financial statements and other
disclosures included in this quarterly report. We performed an evaluation,
under the supervision and with the participation of our management, including
our Chief Executive Officer and Senior Vice President-Finance, of the
effectiveness of the design and operation of our disclosure controls and
procedures. Based on that evaluation, our management, including our Chief
Executive Officer and Senior Vice President-Finance, concluded that as of
January 31, 2004, the disclosure controls and procedures were effective, in
all material respects, in timely alerting them to material information
relating to us and our consolidated subsidiaries required to be included in
our periodic reports filed pursuant to the Securities Exchange Act of 1934.
There have been no changes in our internal controls over financial reporting
that occurred during the quarter ended January 31, 2004 that have materially
affected, or are reasonably likely to materially affect, our internal control
over financial reporting.

Our Chief Executive Officer and Senior Vice President-Finance do not expect
that our disclosure controls or our internal controls will prevent all errors
and all instances of fraud. A control system, no matter how well conceived
and operated, can provide only reasonable, not absolute, assurance that the
objectives of the system are met. Further, the design of a control system
must reflect the fact that there are resource constraints, and the benefits of
controls must be considered relative to their costs. Because of the inherent
limitations in all control systems, no evaluation of controls can provide
absolute assurance that we have detected all our control issues and instances
of fraud, if any. The design of any system of controls also is based partly on
certain assumptions about the likelihood of future events, and there can be no
assurance that any design will succeed in achieving its stated goals under all
potential future conditions.


Page 11

PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

In March 2004, we were named as one of eight defendants in an asbestos-related
case in Cowlitz County, Washington. The plaintiff alleges exposure to
asbestos fibers while working at our mill as a carpenter's apprentice between
1967 and 1973. Given the recentness of the claim, we have had little
opportunity to complete a factual investigation. However, based on past
experience with this type of claim, we currently believe that this claim will
not result in our having material liability, if any, for damages.

In January 2004, we received from the Washington State Department of Ecology
("Ecology") a Notice of Violation of our air permit concerning the excess
level of visible particulate, or opacity, from one of our power boilers in
November 2003. We report the opacity level to the state monthly. We are
discussing with Ecology the issue of excess opacity in November 2003 and
subsequent months, including potential penalties, which we do not expect to be
material. We have taken immediate operational steps toward meeting the
requirements of the permit.


ITEM 2. CHANGES IN SECURITIES, USE OF PROCEEDS AND ISSUER PURCHASES OF EQUITY
SECURITIES.
Nothing to report.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES.
Nothing to report.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
Nothing to report.

ITEM 5. OTHER INFORMATION.
Nothing to report.

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K.

(a) Exhibits required to be filed by Item 601 of Regulation S-K:

The Exhibits to this report on Form 10-Q are listed on the
accompanying Exhibit Index.

(b) A Form 8-K was furnished on December 19, 2003 reporting
information under Items 7 and 12.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

LONGVIEW FIBRE COMPANY
(Registrant)

L. J. McLAUGHLIN 03/16/04
L. J. McLAUGHLIN
Senior Vice President-Finance,
Secretary and Treasurer


A. G. HIGGENS 03/16/04
A. G. HIGGENS
Assistant Treasurer


Page 12

EXHIBIT INDEX



Exhibit No. Description

31.1 Section 302 Certification by R. H. Wollenberg, President and
Chief Executive Officer.

31.2 Section 302 Certification by L. J. McLaughlin, Sr. Vice
President-Finance, Secretary and Treasurer.

32.1 Section 1350 Certification by R. H. Wollenberg, President and
Chief Executive Officer.

32.2 Section 1350 Certification by L. J. McLaughlin, Sr. Vice
President-Finance, Secretary and Treasurer.


Page 13