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RAYONIER INC Director's Dealing 2004

Jul 2, 2004

31153_dirs_2004-07-02_ff68cf56-b168-4eca-afb4-745c8f9b006d.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: RAYONIER INC (RYN)
CIK: 0000052827
Period of Report: 2004-07-01

Reporting Person: HANCE JAMES H JR (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	10000	Direct