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many. Reliable contractors are protected from unscrupulous competitors using inferior materials, speculative builders may display the Certificate to prospective buyers, an individual builder, usually inexperienced in lumber grades, is given protection in the lumber he buys, the insurable value of the building is raised, and, most important of all, the value of the building is unquestioned by the building and loan company, financing the building.
"I predict that it will be a very short time until a majority of the retailers of the state will be using the plan," Mr. Pinkerton stated, "just as soon as dealers see the favorable reception that we are glad to report, they will be drawn into line and rve will have at least 8O per cent of the lumber being sold in the state ,going on the job with a Grade Certificate."
In Whittier one loan company has announced intentions of demanding that the Certificate be furnished on all jobs financed by them. Bankers have stated their approval of the plan and their intention of watching closely all applications for loans, to see if the dealer that is to furnish the material is selling lumber that is "Certified".
In Pasadena, ten of the twenty yards have signed up for a supply of the Certificates, four yards in Santa Mohica, two in Glendale, all of the Hammond yards in Southern California, all of the Valley Lumber Company yards, and cther retailers in Porterville, Los Angeles, Long Beach, Fullerton, Anaheim, Pomona, Sawtelle and other iommunities, have the plan in operation.
Mr. Pinkerton is intensely gratified over the success of their first efforts.