HO L LY\rOOD

5.825 per cent from the face of the note, depending upon maturity dates. All acceptable notes are purchased "without recourse."

The dealer procedure is said to be exceedingly simple and the service even broader than was available under Title I.

Early in December, Weyerhaeuser customers were advised by F. K. Weyerhaeuser that negotiations were then under way which would enable them to continue to sell repairing and remodeling on the installment basis regardless of what happened to Title I on April 1.

"We have been actively interested in the whole subject of installment selling in the lumber yard from its inception under Title I," said Mr. Weyerhaeuser. "It is only natural that we should continue to give it increased attention in vierv of our satisfactory experience in the field. We regard such a service not only as a valuable asset to our customers but almost as a necessity. It is solving so many serious problems for lumber dealers that we feel obligated to provide facilities which will gain for them the greatest possible returns for its use. Installment buying has become a fixed habit with the American people. It seems to meet their needs. Seventy-six industries today make it possible for people to buy their goods on the monthly payment basis. Certainly nothing the consumer can buy should be acquired more easily or paid for more conveniently than the repairing and remodeling of his home. It brings new sales opportunities to the lumber dealer and makes it possible for him to render a highly important service to the community."

General offices of Allied Building Credits, Inc., are located at St. Paul, Minn. Branch offices have been established at Newark, N. J.; Tacoma, Wash., and St. Paul for servicing the three zones in which they are located. Detailed information was released to dealers April 1, and the plan is already in operation.

Redwood Named California State Tree

California's glorious Redwoods are now not only the State's contribution to the natural wonders of the world, but are the official state trees by legislative enactment.

Fills

Sponsored by the State Tree Committee of the Native Sons of the Golden 'West, the enacting measure was introduced in the state senate by Senator J. J. Hollister of Santa Barbara. It rvas passed unanimously in the Senate and adopted later by the assembly. Governor F. F. Merriam signed the measure.

The motive behind the bill was simply to direct attention to the unique characteristics and qualities of Redwood, and to stimulate a greater interest in its beauty, its usefulness and its value to California.

Speaking before the Senate, Senator Hollister declared: "Among our native trees no species is more deserving of such recognition than the Redwood. It is the tallest known living thing on earth; its natural distribution is limited almost wholly to California; it has been a most important asset in the building of our State; it is being grown successfully in parks and gardens throughout most of California and in many parts of the world; it is the most distinctive, the most stately and most beloved of all of our native trees. I therefore urge that it be designated officially as the California State Tree."