<SEC-DOCUMENT>0001225208-17-018197.txt : 20171205
<SEC-HEADER>0001225208-17-018197.hdr.sgml : 20171205
<ACCEPTANCE-DATETIME>20171205153745
ACCESSION NUMBER:		0001225208-17-018197
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20171201
FILED AS OF DATE:		20171205
DATE AS OF CHANGE:		20171205

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Breard Linda M.
		CENTRAL INDEX KEY:			0001510492

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32729
		FILM NUMBER:		171239585

	MAIL ADDRESS:	
		STREET 1:		3600 136 PLACE SE
		STREET 2:		SUITE 300
		CITY:			BELLEVUE
		STATE:			WA
		ZIP:			98006

	FORMER NAME:	
		FORMER CONFORMED NAME:	Breard Linda Marie
		DATE OF NAME CHANGE:	20110118

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			POTLATCH CORP
		CENTRAL INDEX KEY:			0001338749
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				820156045
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		601 WEST FIRST AVENUE
		STREET 2:		SUITE 1600
		CITY:			SPOKANE
		STATE:			WA
		ZIP:			99201
		BUSINESS PHONE:		(509) 835-1500

	MAIL ADDRESS:	
		STREET 1:		601 WEST FIRST AVENUE
		STREET 2:		SUITE 1600
		CITY:			SPOKANE
		STATE:			WA
		ZIP:			99201

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Potlatch Holdings, Inc.
		DATE OF NAME CHANGE:	20050914
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2017-12-01</periodOfReport>

    <issuer>
        <issuerCik>0001338749</issuerCik>
        <issuerName>POTLATCH CORP</issuerName>
        <issuerTradingSymbol>PCH</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001510492</rptOwnerCik>
            <rptOwnerName>Breard Linda M.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O POTLATCH CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>601 W. FIRST AVENUE, SUITE 1600</rptOwnerStreet2>
            <rptOwnerCity>SPOKANE</rptOwnerCity>
            <rptOwnerState>WA</rptOwnerState>
            <rptOwnerZipCode>99201</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable></nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Phantom Stock Units</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.0000</value>
                <footnoteId id="F2"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2017-12-01</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>483.5590</value>
                    <footnoteId id="F3"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.0000</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F4"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F4"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>483.5590</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4262.4500</value>
                    <footnoteId id="F5"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Phantom stock units are credited to the reporting person's account on the transaction date in accordance with the provisions of the Potlatch Corporation Deferred Compensation Plan for Directors II and will be paid on a 1-for-1 basis in shares of the issuer's common stock.</footnote>
        <footnote id="F2">Each unit of phantom stock is the economic equivalent of one share of the issuer's common stock.</footnote>
        <footnote id="F3">Represents an annual award.</footnote>
        <footnote id="F4">Phantom stock units will be paid upon the reporting person's termination from service with Potlatch in accordance with the provisions of the Potlatch Corporation Deferred Compensation Plan for Directors II.</footnote>
        <footnote id="F5">Includes phantom stock allocated to the reporting person's Deferred Compensation Account since the reporting person's last report that represents quarterly dividends.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Lorrie D. Scott, Attorney-in-Fact</signatureName>
        <signatureDate>2017-12-05</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
