The Old Sock Versus Building & Loan

The day of "tihe old soch", as a place for keeping savings, is gone.

The day of Building & [.oan has come.

There was a time when a world of people put their savinga away in some s€cret spot or receptacle in the home, thinking that the best and safest way to accumulate something. Matty of them used old woolen socks for that purpote, and the old sock has oome down to us in song and story as the place where aaving people put their spare cash, in onder that theymight have something in their old age.

That was NOT before interest was IN. VENTED, but it was before tihe time when Building & Loan Association showed the man and woman of small means how they could put ttreir money to work at interest in a way that would make it pyramid in a manner they never dreamed of.

An old Dutchmanboughtthe present site of the City of New York for almost nothing. Millions of people have considered this fact, and thoughtwhat a wonderfully rich man the Dutchmanwould have been had he held onto it, or to a large part of it, with its billions of present valuation.

J.E. PEGGS TAKES VACATTON

J. E. "Eddie" Peggs, of the W. R. Chamberlin Co., San Francisco, with his family spent the first ten days of June at the Rio Nido Hotel on the Russian River. He reports that they had a very pleasant sojourn and that there are an exceptionally large number of visitors at the various Russian River resorts for this time of the year.

(Continued from Page 16) propriation of the National Lumber Manufacturers Association is to be spent toput correct information on these subjects before the people."

Mr. Kimball also cited some interesting discrepancies in city building codes. He concluded by urging co-operation of all branches of the lumber industry. "Co-operation is all that is needed to bring about favorable conditions," he said.

Mr. Carter of the Southern Pine Association pointed out certain misleading statements that have been placed before the public the last few years and showed where those statements were erroneous.

"It's up to the lumbermen to see that the public is rightly informed," he said. "Such statements as 'best insulation' and 'six times stronger than wood' must notgo unchallenged."

Mr. Carter then related several laboratory experiments he had performed to prove that such statements were in error.

_ An. intelesting experiment concluded the meeting. Mr. Redding Putman, son of L. R. Putman, had built four

But the other day some writer in tte New York papcrs printed an array of figures to pnove that if the old Dutchman could have teken t'he money he gave for the site of New York and put it out at compound interect in a Building & I.oan Association it would today arnount to more money than Manhattan is worth.

Think THA,T over, when you get to think of saving.

Building & Loan Associationr give tlre sav€r of small and regular Euma of money tlre biggest opportunity for creating a cach fund for his estate ever given to people in the world's history-far bigger.

And everycent of hisinveshnent is used to help ottrer people of smEll meanE do jtrst one thing-BUILD HOMES.

So.. it Eerrer wonderful double Fur?osc, both of them creative and constructivt of great and lasting good to human buingr.

Is it any wonder that the Building & Loan movement is the greateet power in our pter e_nt day business life, and the saf€t thing in the rvay of investment trat human e:<perience knowa?

HENRY MEYERNOW WITH H. B. MARIS PANEL COMPANY

Henry Meyer, who was formerly manager of the Sunset Lumber Co., Oakland, and was also connected with the Consolidated Lumber Co., Los Angeles, is now associated rvith the H. B. Maris Panel Co., of San Francisco.

panels earlier.in the day and had them at the meeting. One p_anel was sheathed with a substitute material -which, through tests of the manufacturer, was reputed to be stronger than wood sheathing. Another panel was sheathed with wood, the wood boards laid diagonally on the frame. These two panels, each about four feet square, rilere secured at the bottonto a timber and a turn-buckle joined them at the top. _Whe-n the panels were pulled together by the turn-buckle, the substitute sheathing ioon gavJ way bdt the wood panel held.

A similar test then was made between two other panels, both sheathed with wood, but in one instance the shelthins was -laid diagonally and'the other horizontally. Neithei panel gave way completely as in the first test, but the horizontal sheathing proved to be the weaker of the two.

..l\f r. Carter explained that all sheathing should be placed diagonally upon the frame-, the idea being to have as'many isosceles triangles as possible where strerigth was needed. '

At the conclusion of the session, it waJthe general opin- ion of manufacturers, salesmen and retailers th'at the mieting was one of the most successful of its kind ever held in Kansas City.