Per Capita Building and Loan Shingle and Lumber Tariff Bill Investment Shows Gain Reported Out of Committee

The per capita investment in Los Angeles building and loan associations on March 3I, 1929, was $77.00, according to figur,es recently compiled by A. A. Anderson, Secretary of the Pacific Coast Building-Loan Association of Los Angeles. Thisis an increase of $14.00, or 22 per cent over March 31,1928, when the per capita investment was $63.00.

The figures also reveal that on March 31, the local associations with $109,461,174.6 of assets had 25.9 per cent of the total assets of the entire state.

Statemerit showing per capita distribution of building and loan assets in principal cities of California on, March 31. 1929, follows:

Carrying fixed duties on lumber and.shingles, as well as on other building materials, the tariff bill has been reported out by the Ways and Means Committee of the House of Representatives and is at the present moment being debated by Congress.

As prepared, the measure carries a duty of 25 per cent ad valorem on cedar shingles and lumber, which are nol\' on the free list. Maple and birch lumber are. also taken from the free list and made dutiable at 15 per cent ad valorem.

Logs and lumber of pine, fir, spruce and hemlock are kept on the free list.

Co*mott building brick, another free list commodity, is made dutiable at $125 a thousand.

Cement; another item which has been on the free list, is given a rate of 8 cents a hundred pounds.

Lumber Companies to Exhibit Films at Trade School Exposition

Total $422,347,1ffi.72 1cp..0% fi73

HONOLULU LUMBCETMAN VISITS tOCTFIC

L. M. Harkins, secretary of Lewers & Cooke, Ltd., lumber and building material dealers of Honolulu, sailed f.rom Honolulu on May 7 on the Aorangi for Vancouver, B. C., for a business trip to the Pacific Coast.

Mr, Harkins will visit the company's sawmill connections in the Douglas Fir, Pine and Redwood regions, and will spend some time in San Francisco and Los Angeles.

REDWOOD ASSOCIATION'S ENGINEER ON EASTERN TRIP

W. L. Ifook, structural engineer of the California Redwood Association,.left San Francisco, May 15, on an extended trip to middle western states, where he will make contact with state and county highway authorities for the purpose of promoting the use of structural grade Redwood. He will also pay a visit to the Forest Products Laboratory at Madison, Wis.

Never before in the history of Los Angeles has the p!blic had an opportunity of attending a Trade Training Exposition sponiored by one of I-,os Angeles' public schools. The Franli Wiggins Trade School, the largest trade training plant for men and women in the world, will complete its fifth year of operation in June and will commemorate or celebiate the oicasion by holding "open house" in the form of an exposition on June 13, at the Shrine Auditorium.

Three shifts of students will make it possible to keep things moving from one in the afternoon until ten at night. Instiuctors and guides will answer questions and give firsthand information about any trade or occupation. Literature will also be available to acquaint the visitor with facts regarding all the trades taught at the Frank Wiggins T1a{e School, a free Los Angeles Public School. The public is urged to take advantage of this special feature of the exposition.

- Advisory committees, composed of leading industrialists of Los Angeles, will be on hand to assist in this mammoth exposition. These men are selected from the many trades of the city and will vouch for any trade or occupation taught in the school.

Moving picture films showing lumber operations in the Redwood and Douglas fir regions will be exhibited by The Pacific Lumber Co. and The Long-Bell Lumber Co.