FIR.TEX AVAILABLE NOIV

GIEAMING, PLASTIC-COATED WATLS ond CEILINGS

For kitchens, bothrooms, qnd commerciol instqllqtionswhergver o high-sheen, eosy-to-cleqn qnd durqble surfoce is desired. Equolly suitqble for new construction qnd remodeling; opplied over existing wolls, regordless of condition.

Aggrerrivcly odvartired, to ot3ui! deolcrr of consi3t.nt curlomer demond.

FIR.TEX OF NORTHERN CATIFORNIA

206 SANSO.TVIE ST., SAN FRANCISCO 4 SUiler 2668

Postwar Repair Expected to Reach 3 Billion First 12 Months

Nearly 390,000 American families financed urgently needed home repairs and maintenance last year with funds advanced by private financial institutions and insured by the Federal Housing Administration of the National Housing Agency, Commissioner Abner H. Ferguson announced.

Loans reported during 1944 by these institutions for FHA insurance under Title I of the National Housing Act numbered 389,592 and amounted to $125,150,082, compared with 308,161 such loans for $96,373,931 reported during 1943.

This increase, Mr. Ferguson said, can largely be explained by necessities that arise from a continuation of the war emergency during which these loans may be made for three purposes only-repairs necessary for health or safety, to provide additional quarters for war workers, and particularly for such installations as insulation, weather stripping, storm doors and windows to help in the conservation of fuel.

"Yet Title I loans last year r,r'ere less than half the volume either lor 194O or 1941," Mr. Ferguson said, "and small in comparison with the volume expected to develop in the immediate post-u'ar period.

"Property repairs and improvements are expected to create a large number of jobs during the transition period from war to peace. As soon as wartime restrictioris can be removed, FHA stands ready to extend its aid to prop- erty owners and financial institutions to undertake the vital-.task of property rehabilitation with a convenient plan for financing."

It is estimated that property repairs and improvements

FIR-TEX OF SOUTHERN CATIFORNIA

812 E.59rh SIREET, tot ANGELES | ADams 8t0l in the first 12 months after building restrictions are removed will probably aggregate $3,000,000,000. FHA has sufficient authorization under Title I to insure a {inancing volume conservatively estimated at about $1,000,000,000, Mr. Ferguson said.

Hqrdwood Compcny Executives Back From Ecst

Frank J. Connolly, president, Western Hardr,vood Lumber Co., Los Angeles, returned March 23 lrom a business trip to Neu' York, Washington, D. C., and Chicago.

Glen Cahill, vice president of the company, also returnecl March 23 f.rom a business trip to Chicago.

Stock Millwork Items

Ceiling price increases that have been authorized for stock millwork items since maximum prices were frozen originally at the March 1942 levels, are extended to odd stock millu'ork, the OPA announces. (Amendment 6 to MPR 525, effective March 31).

- WANTS THE MERCHANT

It's a pleasure to send you the two bucks. Best regards.

Pete Hansen Morton Lumber Companv Eugene, Oregon