8-K

United States

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

Current Report Pursuant to Section 13 or 15(d) of

The Securities Act of 1934

January 29, 2007

Date of Report (date of earliest event reported)

Deltic Timber Corporation

(Exact name of registrant as specified in its charter)

Delaware	1-12147	71-0795870
(State or other jurisdiction of incorporation)	(Commission File Number)	I.R.S. Employer Identification No.)
210 East Elm Street, El Dorado, Arkansas		71730
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code (870) 881-9400

(Not Applicable)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a- 12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On January 29, 2007, Deltic Timber Corporation, a Delaware corporation, issued a press release announcing Deltic’s Vaughan Retires, New CFO Named. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference in its entirety.

Item 9.01 Financial Statements and Exhibits

(c) Exhibits

99.1 A news release dated January 29, 2007 announcing Deltic’s Vaughan Retires, New CFO Named is attached hereto as Exhibit 99.1.

SIGNATURE

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 hereunto duly authorized.

Deltic Timber Corporation
By:	/s/ Ray C. Dillon
Ray C. Dillon, President and CEO

Date: January 29, 2007

EX-99.1

Exhibit 99.1

DELTIC Timber Corporation			NEWS RELEASE	210 EAST ELM STREET El Dorado, AR 71730 NYSE: DEL
FOR RELEASE		CONTACT:	Ken Mann	Clefton D. Vaughan
January 29, 2007			Investor Relations	Public Relations
			(870) 881-643281	(870) 881-6407

EL DORADO, AR – Clefton D. Vaughan, Vice President, Treasurer, and Chief Financial Officer of Deltic Timber Corporation, has announced his planned retirement from the Company effective May 1, 2007. Vaughan, 65, has been a member of Deltic’s executive management since 1996, the year Deltic became publicly traded.

“Clef has been a vital member of our team and, as such, enjoys the sincere appreciation and gratitude of our Board and our entire organization,” said Ray C. Dillon, Deltic’s President and Chief Executive Officer. “His advice and support to me personally have been invaluable in achieving a smooth transition following my selection as the Company’s CEO in 2003. We appreciate his exemplary service and wish the very best for Clef and his family.”

Kenneth D. Mann, currently Deltic’s Controller, has been elected to succeed Vaughan as Vice President, Treasurer, and Chief Financial Officer, also effective May 1, 2007. Mann, 48, has been with Deltic since 1991, as Assistant Controller, Manager of Corporate Governance and Investor Relations and, since 2004, Controller.

“Deltic is fortunate to have such a capable and loyal person as Ken Mann to assume the position of CFO,” Dillon said. “His knowledge, financial expertise, and leadership will serve him, the Company, and our shareholders well as he undertakes his new duties.”

Mann holds a Bachelor of Science degree in accounting from the University of Arkansas at Monticello, and a Masters of Business Administration degree from Louisiana Tech University.

Deltic Timber Corporation is a natural resources company focused on the efficient and environmentally responsible management of its land holdings. The Company owns over 438,000 acres of timberland, operates two sawmills, and is engaged in real estate development in Little Rock and Hot Springs, Arkansas. Headquartered in El Dorado, Arkansas, Deltic is publicly traded on the New York Stock Exchange under the symbol DEL.