Over five million people enioyed last year's football games in numerous stadio Fitted with California Redwood Seats.
There is no better material for stadium seats than vertical grain Clear Heart California Redwood.
T. B. Lawrence, Lawrence-Philips Lumber Co., Los Angeles, has returned from a short business trip to San Francisco where he conferred with B. W. Bookstaver, who is in charge of their San Francisco office.
W, T. White, president, White Brothers, San Francisco, returned to his office July 23 from a 30-day vacation spent at Tahoe Tavern, Lake Tahoe.
Isidor Cheim, Union Lumber Co., Marysville, expects to be home about August I from a three weeks' vacation trip which included a visit to the World's Fair at Chicago.
Max E. Cook, San Francisco, agricultural engineer for The Pacific Lumber Company, is spending a few weeks in Southern California calling on the retail lumber trade and perfecting the distribution of the company's septic tanks in that territory.
Sam T. Hayward, Hayrvard Lumber & Inv. Co., Los Angeles, has returned from a two weeks' motor trip to Portland, Crater Lake and other points of interest in the Northwest. Mrs. Hayward and their children accompanied him on the trip.
E. L. Cooper, IJnion Lumber Company, Los Angeles, accompanied by Mrs. Cooper, has returned from a week's vacation spent at Camp Baldy and reports that he found the fishing and hunting very good.
Ellsworth Horton, South City Lumber Co., South San Francisco, accompanied by his wife and little daughter, left July 25 for an automobile trip to the Century of Progress Exposition at Chicago.
R. H. Loveday, Los Angeles retail lumberman, is spending his vacation in the High Sierra near Bishop. Mrs. Loveday, and their son, Bliss, accompanied him on the trip.
Company, Ltd.
Fe Lumber Co. ---- ---------------O.F.C.
Bror.
Celifornia Buildero Supply Co. ------------,---------19
Celifornie Panel & Veneer Co. --------------------.-21
Crlifornie Redwood Areociation -------------,I.F.C.
Gelifornia Wholerale Lumber Acs'n. -----------,23 Lumbermentr Credit Arrociation
With the longshorements strike ended and the men scheduled to return to work on July 31, the coastwise cargo movement of lumber will be resumed. Cooperating with the Presidentts housing program, the Lumber Code Authority announced the new mill prices on lumber going into house construction which became effective on July 2O; the new prices show a reductiotr of 1o per cent.
The price situation now cleared up, coastwise shipping again in operation, and the depletion of stocks in the areas served usually by cargo shipments, the trade feels that considemble business is going to be placed and are very optimistic about the outlook for fall brrtr"T. * *
The new mill price reductions on some of the items going into house construction are:
Douglas firDimension (California)will average about $2.5O ofr. Boards (California)-All l-inch c(xnmon green boards and shiplap, f1.50 off. No 2 common green boards, lxl and lx4, $4.OO off; lx6, 8 and 10, tt.00 ofr, and lxl2, $3.5O ofr. No 3 common, green and dry boards, 13.00 olf. B&Btr., VG and FG, fooring, fl3.00 ofr; "C" VG fooring, 15.00 ofr; "D' VG and FG fooring, 12.00 ofr. Drop Siding, all grades, f3.OO off. B&Btr. (1x4) ceiling, {V.OO off; B&Btt. (/a"q ceiling, $4.5O ofr.; aeC" (s/sx4) ceiling, f,3.50 olf; i'D" ceiling, all grades, $2.00 ofr. Finish, S3.OO to $5.00 off. Lath, 25 cents olf per thousand.
Red cedar shingles, 12 cents off per squaf,e.
Redwood-Commons, all grades, 2xl2 and, smaller, $2.0O oft. LJppers, all grades, 2xl2 and. smaller, 11.00 olf.
Ponderosa pine-Boards, No. lr 2 and 3 common, $2.0O oft; No. 4 and 5 common, $1.00 off. Dimension, No. I common, 5O cents ofr. ;(Jppers, 13.00 olf. Mouldings are 2 points off, and lath is 25 cents "ff pT t!""r_**.
The Vest Coast Lumberments Association reported on July 2l that sixty-three large tidewater mills, mostly all the opera-
Many' shiprirents of foreign woods consigned to San Francisco hardwood yards have been unloaded at Los Angeles Harbor, and shipped to San Francisco by rail during the longshoremen's strike. Two cars of Aust?alian Ironbark shipped by rail from Los Angeles by the harbor authorities there to White Brothers, San Francisco, had rail freight charges of $20 per M, or about $500 against them on arrival in the Bay city.
tions of this type, in the Douglas fir region are closed due to the seasonal decline in lumber mill activity but attributable mootly to the longshoremen's strike. Most of the mills closed because they ran out of piling space on the docks. A large portion of this lumber on the docks, the greater part of which is sold, must be moved before the mills can operate again.
551 mills reporting to the Association for the week ended July 2l produced 40,204,549 feet of lumber while new business totaled 451851234 feet and shipments were 391286'512 feet. Orders booked by this group of mills for the week were over the preceding week by about 1*1I00O(X)O feet.
The Western Pine Association fot the week ended JuLy 2l gave new busines for 140 mills as 37r824rOOO feet, shipments 381873,000 feet, and nrodlctiln 56,403,000 feet.
The California Redwood Association reported production from 16 mills fo,r the week ended laly U as 5'9691000 feet, shipments 4r940'OO0 feet, and new business 3'455'000 feet. Orders on hand at the end of the week wete 35,063,000 feet'*,F**
487 hardwood mills for the week ended July 14 gave new business as 15,8541000 feet, ot 27 pet cent below productiont and shipments 1714611000 feet, or 15 per cent below production. Production was 2Or570rO0O feet.
A. C. Horner, consulting engineer, National Manufacturers Association, San Francisco, has from his vacation, spent at Gearhart, Oregon.
Lumber returned
C. R. Johnson, president, IJnion Lumber Company, San Francisco, and representative of the Redwood division on the Lumber Code Authority, returned to San Francisco July 25 after an absence of six months spent mostly in Washington attending the various meetings of the Lumber Code Authority.
As a subscriber since the first copy I want you to know how thoroughly I enjoy your journal, particularly the "Vagabond Editorials", for the past year. Thomas C. Fields.
Pacific Northwest Red Cedar Lumber Agency, Seattle. Wash.
a\ Dir,"" the Lurnber Industry started to develop its Code under the N. R. A., it has sousht to secure frorn the Adrninistration a definition of wholesale trade tfiat would .t""-ify and define the type of business operr to the retailer, wholesalero and rnanufaeturer alike, thus indirectly defining the type of business reserved to the retailer. The inability of the Industry and the National Recovery Adrninistration to agree on a definition of wholeeale trade has resulted in so rnuch confusion within the Industry that we wish to rnake our position clear by the publication of the following letter of instructions to all Weyerhaeuser salesrnen.
F. K. Weyerhaeuser, President \T/EYERHAEUSER SALES COMPANY.
THAT THE RETAIL LUMBER DEALER is a necessary part of the business life of his cornrnunity' that he ie a eervant of the public as well as of the Industry, that he it entitled to the eame eecurity in the distribution of lurnber that is accorded other retailers in the dietribution of other lines.
THAT THE LUMBER WHOLESALER providee a service to the manufacturer, retailer, and wholesale user that rnakes hirn indiepensable to all, that he is entitled to the sarne seeurity in the distribution of lurnber that is accorded other wholesalers and brokers in the distribution of other lines.
THAT THE WHOLESALE USERS of lurnber, those who have always bought lurnber in large quantities direct frorrr rnanufacturers, wholesalers, and retailers, should contimre to have available the services of all branches of the rndustrv.
Therefore, we will continue to confine our sales:
To retail lurnber dealers.
To wholesalers.
To departments of the United States
Governrnent river and harbor work.
To and for railroads.
Governrnent, and to and for United States
For ehipyarde, underground work in rnines, docks, dams, and bridges.
To industrials for rernanufacturing or ehipping purposes.
We believe that the above declaration of policy is in the public interest, because any decrease in the volurne of lunrber going through the retail lumber yard must inevitably result in an increase in retail distribution costs, to be borne by the emall hone builder who, because of the nature of his needs, rnuat patronize the retail lurnber dealer. Undue invasion by manufacturers and wholesale distributors of the retailers, field of distribution will reeult in narrowing the rnarkets for lurnber producte, In the solicitation of business for our account be governed by the above staterrrent of salee policies.
"T o
We believ-
Bv Jack Dionne
The closing words of the farewell address delivered by President Roosevelt before leaving for his- long Pacific vacation were-"Let us make it (the United States) and keep it, God's Country." Sorry, Mr. President, but I must disagree with the first Part of that prayer. Let us keep it' indeed; but MAKING it God's Country? No! That was done by better men ! To me and to most other loyal Americans THIS HAS ALWAYS BEEN GOD'S COUNTRY FROM THE FIRST DAY ITS FLAG \^/AS EVER FLOWN; AND SO IT IS TODAY; AND SO, PLEASE GOD, IT SHALL ALWAYS REMAIN, IN SPITE OF POLITICS OR PARTIES-MICE OR MEN. You are a good man, Mr. President, a sincere, loyal, and splendid man, and no doubt you'ie doing your best. But a predecessor of yours in your high of;Ece, one George Washington, surrounded by an infinitely better, wiser, and safer group than that which surrounds you, and directly inspired -I am perfectly convinced-by a God of infinite wisdom, laid the foundations and wrote the rules that made this God's Country. So WE donft have to make this God's Country, Mr. President t Greater men by far than live today, with an inspired vision and a perfect faith, did THAT for us long ago. And so long as we stand upon the platforn THEY built, and abide by the rules that THEY made, it shall always remain as it IS today-God's Country. Let us rather hope with an abiding hope, and pray with the fervent faith of our fathers, that when YOU step down from that high office once filled by Washington, this dear land of ours which has been consecrated for generations by the blood tlf heroes, will be no less God's Country than it has been throughout its past history.
**rl
The President of The American Banhers Association in a recent nation-wide radio hook-up talked in behalf of banks. "There never was a time," he declared, "\rhen a borrower was more welcome at a bank than he is today"'
That certainly settled l"".nrlo** that has been perplexing my mind. I'd been wondering what to make the feature funny story of my next book of jokes' NOW I KNOW!
,trt*
He was a little guarded in his remarks, however' He declared that the banks are most anxious to loan the money with which their vaults are piled so high. But he
didn't talk about credit. As the Two Black Crows used to say-"He didn't do that."
,Fr**
In the old days banking business was done on credit. Today it is done-if there is any-on collateral. You used to take your diploma of good character and sound rnoral risk, together with your sound statement of a going business, and go down to the banker and get a line of credit.
*t:t
Try that today! If you should decide to do so, take one other article along. Take a good, big, stufred pillow. Lay it on the front sidewalk in front of the bank door. That's to land on when they throw you out. **'f
They tell the one about the fellow whose credit had always been good, and whose business was going along, but who had to have a loan or lay off his help. He decided that he would go to the bank and get it, like people used to do. At the door of the bank he told a friend about it. Then he walked in. In two minutes he came tumbling out. The friend picked him up. lle was kind of befuddled. "What happened?" the friend asked. "I'm not certain," replied the would-be borrower. "I know he called me a so-and-so, and I think he hit me twice."
However, that's the "-*nlti
The rule is the banker who rnet the would-be borrower with such courtesy' tact, and diplomacy, that he was out of the bank and three blocks away before he discovered he hadn't got the loan.
*rt,f
There are really just two methods of getting money from a bank today. One is the Dillinger-Barrow method. That one is not be recommended. It's crude, dangerous, and in the long run is unprofitable. It's like the drunk at the 'theater ticket window who was told they had only box seats left. He refused to buy a box seat. "Why not?" asked the ticket seller. "Lincoln bought a box seat," said the drunk, "and look what happened to hirn." ,t d( r|<
The second method I spoke o{ for getting money from banks, is less dangerous, but more difBcult. The difEculty is that very, very few people today possess the sort of collateral you have to have to loosen up bank cash. You take a thousand dollars worth of some collateral so valu-
able and so liquid that even a back-street pawnbroker would snap at it like a big-mouthed bass at a sparkling minnow, and take it down to your bank. They will tie it on the back of a note for about two hundred and fifty bucks, take out the interest in advance, give you a free lecture on the care of rnoney, and escort you to the door with a self-directed panygeric on the generosity of banks in extending credit in times like these.
An honest banker-the; r: i"rr, plenty of them-told me the other day that we can hope for no considerable further improvement in conditions in this country until we terminate this present situation in which the United States Government is practically the only borrower.
***
If you will read the financial statements available you will discover that bank deposits are mounting. Most banks are in liquid condition. You will find that the Fbderal Reserve Banks are piled mountain high with Government securities, and that the tide rises week by week.
THIS ACCUMULATION HAS BEEN GOING ON. The July first figures lying before me show that they decreased $219,000,000 from January to July first, 1934. *t*
So long as the Government continues to hold out these desirable securities, the banks will continue to buy them, will pay for thern by setting up deposit credits, and will continue to lend-practically speaking-to the Government and there only. And the vicious circle that for more than four years has denied private business and private enterprise the credit needed to do business and employ men. remains unbroken. *,*r<
Real recovery will come when millions of unemployed go back to work; and they will go back to work when billions of idle money-and the idlest money on earth is money invested in tax-free Government bonds-go back into genuine activity; and so long as the chief movement of money is from the banks to the Government and from the Government back to the banks, things can't pick up much. Artificial infusions are only temporary; we need a builtup blood-stream. rt**
We need credit. And credit must be built on confidence. And confidence is still lacking. Business is afraid. And a look about will convince even the most cheerful optimist that business has a right to be. Last year when the philosophy of "redistribution of wealth" (pure socialism in any language or in any land) and other contingent isms
(Continued on Page 8)
Complete Stocks-All Sizes and Thicknesses of PAMUDO Plywood and Wallboard. Also Direct Mill Shipments.
' Northern California Dietributors wlfieBrrofirre
Hadmod Headquarter Stnce l8l2
For the interior and exterior of a home, there is no wood trore serviceable or beautiful than California Redwood.
The distinctive charm of Redwood with itc soft-blending colorc, delicately figured and even-textured grain, offets an unlimited 6eld for the architect.
The beautiful warmth and charm of Redwood awaits those of discriminating taste.
(Continued from Page 7)
first showed their heads at Washington, wise men everywhere predicted that trouble must corne from such philosophy. Their predictions already seem well verified.
, And all about us "rr*r.*tr*rnin are asking-'lwis that terrible thing that halipened at San Francisco just these socialistic isms in full bloom, or was it not?"
General Hugh Johnson-the timid, modest head of NRA -flew into San Francisco, took one look, and shouted to the high tlssvsn5-"This is not a strike-it's Civil War."
The General is apt * n""odt"". I wonder if, when he looked about him there, that renowned warning about sowing a zephyr and reaping a whirlwind did not enter his mind, for a mornent at least?
If you want sometfrirrg*to i;O about, and are not too politically embroiled to dare think freely, give that San Francisco situation a few moments of your mental time' A group of men, by force of arms, took the law unto themselves, denying to hundreds of thousands of people who had no direct interest in their controversy, almost every right and privilege guaranteed them by the Constitution of the United States, set up their own Commune, and made and enforced their own laws affecting all the people in that territory.
Other than to offer to act as arbitrator, the Government of the United States lifted no finger to aid those beleaguered citizens. And this at a time when the Government has injected itself into practically all of our private business and personal affairs. A barber in New York might cut the price of a hair-cut, and that immediately becomes the business of this sovereign Government; a business in the middle west jumps over the code fence, and Uncle Sam is after him quicker than Hitler could pass a synagogue; a factory in the South cuts a business corner, and the United States Government in righteous wrath visits destruction upon it.
But the thing that happened at San Francisco is no business of our Uncle Sam !
Let us all join together and sing that grand old hymn entitled-"Some day, some day we'll understand."
My friend, Carl Crow, ", ""**nd, Oregon, sits and
watches a great army of needy sawmill workers in the Northwest suffer from want of the necessities of life, because the mills are closed and have been closed for months by the dock strike that forbids the shipping of lumber. There are 17,000 of these men so situated, and probably thirty thousand in other lines of business, out of jobs for' months because the products of the Northwest cannot be shipped.
Carl sits and looks, *JJ".;e sees makes him bitter. He. tells of seeing the strike pickets walk their beats, a weapon in one hand, and in the other a banner stating that they are helping the President carry out his NRA program.
Get the picture *.* *n= J*n *orar. He says: "A handful of communistic radicals have, with the law of the brigand, the law of assault and battery, the law o'f violence and slugging, the law of threats and intimidation," prevented a great number of honest, hard-working, worthy citizens of the Northwest who have no connection whatever with the controversy at the docks, from making a living.
"T,here are 17,000 ,*r"l,"J ,r1"" ," the Northwest lumber industry," writes Carl in his Crow's Lumber Digest. "Forgotten by President Roosevelt, who is eating regularly on his fishing trip; forgotten by loud-speaker Johnson, who is eating regularly; forgotten by the striking longshoremen who are eating regularly at Government expense; and bringing starvation and ruination nearer to the Northwest every day.'
But what of it? ,oor, ,1" "rU" at the raisers of doodlebugs will be completed and in effect, and everything will be serene and happy in dear old Washington, D. C., where the mighty minds of today are giving the thinkers of the future something to ponder over for all time to come.
The Los Angeles office of the California Redn'ood Association has been moved from the Architects Building to 1125-26 W. N{. Garland Building, 117 lVest Ninth Street. The telephone number is l{Utual 8156. R. R. Leishman, in charge of promotional rvork, and Carroll T. Morton, structural engineer, in the Southern California territory, make their headquarters at the Association's Los Angeles office.
The follor,r'ing have been appointed to constitute the Administative Agency of the Redwood Subdivision of the Pole and Piling Division of the Lumber Code Authority: George W. Go.rman, Hammond Lumber Co., San Francisco, chairman; Mason E. Kline, Union Lumber Co., Los Angeles, vice-chairman; Herb Klass, The Pacific Lumber Co., San Francisco; Warren E. Innes, secretary, Redlvoocl Split Products Association. J. W. Williams, secretary, California Redwood Association, has been appointed secretary.
The Pacific Mutual Door Company of Tacoma, Wash', has opened a new branch office antl warehouse at 1126 Westminster Ave., Alhambra, Calif., rvhere Southern California buyers can now obtain Pamudo Plylvood, doors and other Douglas fir products in large or small quantities. A complete stock of Plywood in all thicknesses and rviclths is ready for shipment at al'l times'
The Pacific Mutual Door Company believes that the present and prospective purchasers u'ill take advantage of this new Pamudo service and insure its complete success.
Congratulations to you on your l2th year. We are on our 3oth.
T. B. Ware, Corona l-umber Co., Corona. Calif.
Order
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San Francisco, July 29.---The Pacific Coast Longshoremen's strike was ended today, and the men will return to work at 8 a.m. Tuesday, pending arbitration.
This was the official announcement from O. K. Cushing, spokesman for President Roosevelt's National Longshoremen's Board. The official order ap. plies to all ports.
Lumber yards in the East Bay cities were shut down from three to seven days on account of the teamsters' strike, and the general strike which was called one day later, and ended one day later than the San Francisco general strike.
Regarding lumber conditions in the Douglas fir region, the West Coast Lumbermen's Association in its news release of July 13, 1934, says:
"A decrease of close to 20,000 in the number of employees in the logging and lumber industry of Western Oregon and Washington is reflected in current production reports as compared to the week preceding the longshoremen's strike. The decrease in employment is due primarily to the effect of the strike but in part to a seasonal reduction in production and employment which usually occurs at this time of year. In April there were about 51,000 perso.ns employed in the industry.
"Fifty-eight large tidewater mills in the Douglas fir region, which during the week ending May 5 produced 42 per cent of the cut reported by a total of 594 mills, were not operating during the week ending June 30, and are still down. These mills sell more than half of their output in markets requiring water delivery. The docks of practically all these mills are loaded to capacity with lumber which is sold and awaiting shipment. Even after it becomes possible to move this lumber, resumption of production will be slowed until piling space becomes available."
San Francisco, July 25.-The President's National Longshoremen's Board today announced that the coastwise vote among the striking longshoremen was overwhelmingly in favor of Federal arbitration of all differences with employers, virtually terminating the strike. The vote was: Yes, 6388; No, 1471. The vote was complete with the exception of a few small ports in the Northwest. The shipowners had previously agreed to permit President Roosevelt's board to arbitrate the issues involved in the strike.
The Board immediately turned its efforts towards getting the longshoremen back to work and returning shipping back to normalcy.
The belief is general that the longshoremen will return to work by next Monday.
There was only one city, Raymond, \Mash., where the dock men rejected the arbitration proposal. The vote by cities follows:
San Francisco yards have had to pay heavy demurrage and wharfage charges on shipments of hardwood lumber unloaded during the period of the longshoremen's strike. These charges have been paid to the State Boarcl of Harbor Commissioners under protest.
For instance, Smith Lumber Co. paid charges of $237 on one car of hardr,l'ood, and $50 on another. Several of the hardwood yards are up against such charges. and all feel that these are unfair in view of the fact that there was no way in .which they could get delivery of the lumber
With all industry at a standstill as a result of the general strike San Francisco's lumber yards were shut down for three days, July 16, 17 and 18. Although the strike was not officially called off until 1:15 p.m. on the 19th, San Francisco yards were opened for business at 8 a.m. on that morning. The definite and determined action of the San Francisco lumbermen is shown in a display advertisement in all the San Francisco papers by the San Francisco Lumbermen's Club, announcing the opening of the yards. This read as follows:
From the San Francisco Lumber Dealers
Appreciating the courageous stand taken by the Governor, our Mayor, our Police Department, all constituted authorities and the right thinking conservative labor leaders, we wish to do our part to end the confusion.
HeNcC, ALL SAN FRANCISCO LUMBER YARDS WERE OPENED FOR BUSINESS AT 8 O'CLOCK THIS MORNTNG, JULY 19.
SAN FRANCISCO LUMBERMEN'S CLUB.
M. A. Harris, Chairman. No deliveries were made to the yards or by the yards during the period of the teamsters' strike, July 12 to 20. San Francisco hardwood yards acted in conjunction with
the softwood yards, being closed but three days.
M. A. Ilarris, Van Arsdale-Harris Lumber Co., San Francisco, chairman of the San Francisco Lumbermen's Club, sent a telegram from his home early on the morning of July 19 to each of the 25 lumber yards in San Francisco, suggesting that they open up their yards at once as an evidence of their Americanism, their support of the efforts of the constituted authorities to restore normal conditions in the city, and their refusal to be dictated to by certain subversive influences known to be at work in the ranks of the strikers. The decision to o,pen up the yards was unanimous.
"In reply to the announcement from the Labor Temple when the strike began to weaken, that deliveries would only be allowed by permit, all the yards announced that no lumber would be delivered on permit," Mr. Harris told a representative of this paper. "If the general strike had continued into the following week it was generally understood that the San Francisco yards would take this definite stand, and deliver by truck come what may."
"One big mistake made by the radical elements in the unions was that they picked the wrong town when they selected San Francisco in which to call a general strike," said Mr. Harris. "We are all appreciative, however, of the conservative right thinking of the intelligent labor leaders, and it can be said that there is no desire on the part of the lumbermen towards the breaking down of legitimate trade unionism."
Asked what effect the longshoremen's strike has had on stocks of lumber in San Francisco yards, Mr. Harris said that present aggregate stocks in San Francisco yards total about 30 million feet as against what might be called the normal stock of 40 million feet last fall. It is interesting to recall at this time that the normal stock of the San Francisco yards in 7926 was approximately 2ffi million feet.
No water shipments of lumber have been unloaded in the San Francisco Bay district during the period of the longshoremen's strike which started May 9, but yards in the area setved by cargo shipments have brought in lum' ber that they had to have, by rail.
The tough, hard-driving taxi-driver beat the red signal by inches, his fenders dusted the knees of the traffic cop on duty, he missed the pedestrian safcty-zone by the skin of his teeth, slid in between two trucks without only the thickness of paint to spare on either side, and was getting away with it when another cop whistled him over to the curb.
With stately dignity and lowered brow the big cop walked over to the driver, glared at him for thirty full seconds, then pulled a big handkerchief from his pocket and showed it to him.
"Listen, tough.guy," he growled. "On your way back I'll drop this and you see if you can pick it up wit' yer teeth."
Washington, D. C., July 8.-During the second quarter ol 1934, lumber production as reported to the National Lumber Manufacturers Association exceeded that of the second quarter of 1933 by 11 per cent; in the first quarter of this year production was 58 per cent greater than in similar period of 1933. Based upon the best estimates now available, lumber production in 1934 will be between 16 and 17 billion feet or about the same as the output in 1931. This compares with a probable total in 1933 of about 14,600,000,100 feet.
During the first quarter of 1934, reported lumber orders at the mills were 29 per cent above those of the same period of 1933; during the second quarter they were 28 per cent below those booked during similar months of 1933.
In the South, reported new business at the lumber mills received during the first six months of 1934 showed greater decline from last year than in other sections of the country. In the Southern pine region reported orders werc 22 per cent less than in the first six months of 1933: in Southern hardwood mills, orders were 15 per cent below those of a year ago. In the West Coast territory, orders were 1O per cent under those of the first half of 1933; in other reporting regions they were somewhat above last year's levels. Total softwood orders were 7 per cent below those of the first 26 weeks of 1933; hardwood orders were 14 per cent below their last year's record.
On June 30, I,614 mills reported gross stocks ol 5,434,4723[0 feet, or l2l per cent heavier than were reported by 7 per cent fewer mills on March 31, 1934. Total stocks are estimated as about 8l billion feet as compared with 7,787,000,000 feet on January t,1934. On June 30, they were reported as equivalent to 153 days' average production as compared with 13O days a year ago.
Washington, D. C., July 13.-The Lumber Code Authority has submitted to the NRA revised rules and regulations for the marking of lumber and timber products. The new rules, replacing those submitted May 21, were approved by the National Control Committee during its recent sessions, and contain several changes made in an effort to meet the views of the National Recovery Administration.
The revised regulations are more specific as to exact items of softrvood lumber and hardwoods for construction work, including hardwood flooring, coming under the provisions for marking and branding. They also deal specifically w-ith the problem of marking green lumber.
The National Recovery Administrator will call a conference, afterivhich a hearing will be held.
Installation of officers recently elected by the Lumbermen's Post of the American Legion will be held at the Rosslyn Hotel, Los Angeles, Tuesday evening, August 7,1934.
The new officers are Leo Hubbard, Hayward Lumber & Inv. Co., Los Angeles, commander; Franklin Lowney, Los Angeles, vice commander; H. W. Brown, The Celotex Co., Los Angeles, second vice commander; W. B. McCullough. Patten-Blinn Lumber Co., Los Angeles, adjutant; Lloyd Milne, Clearwater Lumber Co., Clearwater, finance officer; Ernest E. Ybarra, Hammond Lumber Co., I-os Angeles, historian; Carl Schriber, Northwestern Mutual Fire Insurance Co., Los Angeles, sergeant-at-arms, and J. A. McNeil, Aliso Street Lumber Dealers, Los Angeles, chaplain.
Discussing the effects of the longshoremen's strike on the lumber situation in Southern California, T. B. Lawrence, Lau'rence-Philips Lumber Co., Los Angeles, states that cargo arrivals at Los Angeles harbor for the year 1934 to date are about 75 million feet less than for the same period in 1933.
At no time during the strike was there a shortage on lumber, except for timbers, in this territory and very little stock had to come in by rail, he stated. Although some stocks are broken, he said there is still plenty of lumber in stock to supply the present demand.
He expects a brisk demand for the next sixty days to fiIl in broken stocks and to take care of the seasonal increase in building activity.
One occasion on which the very active strikers' pickets were outwitted in San Francisco was when a local yard sent a shipment of lumber for Honolulu by car to the dock, a distance of about half a mile. It took the car a u'eek to reach the dock.
Walter A. Decker, manager of the Hayward Lumber & Inv. Co. yard at San Bernardino, is on his vacation rvhich he is spending in San Francisco and vicinity.
The Union Lumber Company has moved their Los Angeles office from the Lane Mortgage Bldg. to 923 W. M. Garland Bldg., 117 West Ninth Street. Their telephone number remains the same-TRirritv 2282.
During the course of the longshoremen's strike in San Francisco some attempts 'lvere .made to ship lumber and other merchandise by car to its destination, but in most cases when the cars arrived at the yards or l'i'arehouses, strikers' pickets were on the job to "advise" that the cars be not unloaded.
Strable Hardwood Co., Oakland, had an agreeable surprise when they found that demurrage charged by the Port of Oakland was only nominal on two shipments recently received.
They paid freight on a shipment of hardwood panels from the Northwest on May 9, the first day of the strike. They received the shipment July 24 and paid only 50 cents demurrage.
On a shipment of dowels from the East that arrived May 16 and was received July 25 they paid $1.16 demurrage charge.
Walter Koll, A. J. Koll Planing Mill, Ltd., Los Angeles, is on a trip to Seattle. He rvill spend several days visiting the mills in the Northwest.
In an article in the July 15 issue it was stated that the Los Angeles warehouse of the Perfection Oak Flooriirg Co., Inc., was at 5420 South Avalon Boulevard. This was in error. The correct address is 642O South Avalon Boulevard.
7th Floor, Alaska-Commercial Bldg. 31O Sansome Street
San Francisco
AGENTS
American Mill Co.
Hoquiam Lumber 6r Shingle Co. Hulbert Mill Co.Villapa Harbor Lumber Mills
Edna
Sanitam
Trinidad
Barbara Catee
Dorothy CahiII
Edna Christenson
STEAMERS
Aberdeen, Warh. Hoquiam, Waeh. Aberdeen, Varh. Raymond, Vaah.
Jane Chrietenron
Annie Chrictenson
Edwin Chrictenson
Catherine G. Sudden
Eleanor Christencon
Charles Chrirtenron
Branch Oflices
LOS ANGELES
630 Bo"ard of Trade Building
SEATTLE National Bant of Commerce Bldg.
PORTLAND
2(Xt Henry Bldg.
Be prepared with a full line of Pioneer-Flintkote Roofing Products to get your share of this big Modernization Program.
Be prepared to answer all of the questions that your customers will ask about this Federal fund.
Be prepared to offer the Pioneer.Flintkote Time Payment plan to those who do not wish to take advantage of Government funds.
IVrite for full information on President. Roosevelt's Modernization and Remodeling Plan and on Pioneer-Flintkote's Time Payment Plan.
Protect yourself with Pioneer-Flintkote EXCLUSIVE Products.
NEEDS
Tell your customers about the completely sealed' in Setab roof, from ridge to drip edge. Show them why this feature alone makes Standard Hex Setab Shingles the outstanding value in roofing today. Tell them about the "deep shadow line" and the harmonizing beauty of Clover Green and Clover Blend.
Washington, D. C., July 16.-The Lumber Code Authority announced this afternoon that a new schedule of minimum cost protection prices will become effective next Friday. These prices will apply indefinitely and until modified by the Administrator. They are approximately 1O per cent less than hitherto prevailing mill and wholesale prices for all the lumber items ordi,narily used in house construction and cover 8O per cent of the lumber output.
Practically all grades of softwoods will be affected by the full amount of the reduction. Hardwoods, on the average, will not be so drastically reduced in prices as the softwoods, as a relatively small quantity of them is used in small.home building. Woodwork products are being reduced at least as much as lumber.
The prices to, be reduced are the carload, or wholesale, prices at the mill. The new schedules will carry price reductions in grades and sizes for most other purposes as well, such, for instance, as stock used in the manufacture of woocien packages.
"This action was taken by the Lumber Code Authority," according to John D. Tennant of Longview, Washington, Chairman of that body, "to aid the President in his efiort to stimulate construction activity by a revival of home building and modernization; lumber is the principal structural material of resideflces. The reduction was decided upon in principle a month ago, but effective decision was postponed until today, pending NRA approval."
New price lists. it was stated, are now being printed and will be rushed with all possible dispatch to all Divi.sional'administrative agencies of the Authority.
The new prices are based upon an amendment to Article IX of the Lumber Code, which was approved today. Under that amendment the Administrator issued ar1 order declaring that the em€rg€ncli contemplated by the frmendment exists and promulgating and approving new: prices. This action is considered highly important, as it provides "a firm basis for the prosecution of price violators" and therefore insures general compliance with the new price schedules.
In brief, Article IX as amended authorizes the Administrator to declare an emergency in regard to the maintenance of the purposes and provisions. of the Lumber Code or of the National Industrial Recovery Act, whereupon he may "prescribe the f.o.b. mill and/or delivered reasonable costs and classifications of lumber and timber products" to be determined and established during the period of the emergency.
The emergency order issued today declares that the purposes and provisions of the Lumber Code and the Act are seriously endangered and directs the establishment and enforcement of the new prices. The Order directs that "no persons subject to the jurisdiction of said Code shall sell or offer to sell or othern'ise dispose of any products of the
industries involved at less than the reasonable costs determined and today published by the Administrator."
"This action by the Lumber Code Authority," said Mr. Tennant, "entails a great sacrifice by those operator's who are already selling their product at less than the cost of production on the present volume. The grades affected by the full amount of the reduction include approximately 80 per cent of all the lumber produced in the country. Our hope is that home-building will increase so rapidly that these new prices will be justified by the increased demand for lumber.
"The price reduction is particularly noteworthy when it is remembered that the lumber and timber products industries have suffered more than any other manufacturing group from financial difficulties arising out of th,e depression, which, incidentally, affected them long before industry in general felt the blow. ln I9D, when practically all manufacturing activity was carried on at a reasonable profit, the net income of the forest industries was only 2.2 per cent, approximately one-third of the general average. Our industry suffered a net loss of $120,00O,000 on gross business of $620,000,000 in 1931; and in 1932, f.or which vear exact statistics are not available, the losses were substantially greater.
"At the low point of the depression lumber prices dropped to 55 per cent of the 7926 level; today they are up by about the same percentage over the low, and are about the same as they were in 1930. Payrolls under the code have increased an average of about 115 per cent, and wages approximately 90 per cent over the pre-code period. The volume of business is about 5O per cent less now than in 1930.
"On the first of June costs of production were increased by the incidence of rules of forest practice, written into the code to conserve the nation's forest resources. The industry took that momentous step without waiting for government to fulfill its complementary forestry obligations, and by this adventure in planned forest management does its part to assure to the people as a whole a perpetual supply of lumber and other forest products, continuous employment of the industry's hundreds of thousands of workers, and protection of the nation's water sources and watersheds. Permanence is contemplated for many communities which have looked forward to but a temporary existence, thereby saving millions of dollars in roads, schools, and other improvements r,r'hich would have been scrapped had population been forced to move elsewhere.
"The lumber and timber products industries, however, cordially make this further reduction of their cost protection minimum prices in their desire to help the President in his rvell-considered effort to stimulate th,e depressed heavy ir-rclustries through a revival of home building and modernization."
t
Plans have been approved by the Oakland board of education for the erection of 90 temporary one-room frame school buildings to house pupils of 11 city schools which have been declared either partly or rvholly unsafe as earthquake hazards. It is expected that the structures will be ready in time for the opening of the fall semester on September 4. The cost will be approximately $75,000.
The action of the board u'as taken as a result of a survey made of the city's schools, in accordance with a law enacted at the last session of the State Legislature, which increased the structural requirements of school buildings.
Washington, July lo.-Despite midsummer heat, the recent signing of the National Housing Act by President Roosevelt, with the expectation that billions of dollars of private capital will be released for building, repair, modernizing, and construction purposes, and that millions of men in the building trades will be given work, has speeded up the activities of Clean Up and Paint Up Campaigners. Requests to the National Clean Up and Paint Up Campaign Bureau for service to local committees and to newspapers have been accelerated, and are increasing daily.
Already, during the first half of L934, prior to and without the aid of the National Housing Law, paint sales have reached the highest peak in several years, and results reported by Clean Up and Paint Up Campaigners have been uniformly enthusiastic. Now, with the added momentum of easier loans to property owners, it is logically anticipated that the curve of paint sales which normally trends downward in the last half of the year, rvill be fortified and elevated during the fall.
In order to give better service to its customers throughout the country, The Pacific Lumber Company has in. stalled teletype machines in its San Francisco, Scotia, Chicago and New York offices.
Because You Do Not Carry-BIG TIMBER3 PIy Wallboard-
A board that is low of cost, strong, and efrcient-A real help t6 many a horre owner to finish the attic, basement, gatage, childrents roomA good turn to him means PROFIT lo you.
York Herald-Tribune)
He never knew the world went by Outside his window. He was deep All day in things the Ancients said To men forgotten and long dead, And in his mind the quiet creep
Of present time lay down to sleep.
It was as though he found some spell Within those ancient books he read, That set his mind to musing on The people in the Parthenon; That made him cock his white old head To hear a sentence Plato read.
Folk sometimes saw him walking shy, At time of dusk along the street, But never spoke, as if they feared The words he whispered in his beard.
(Though like as not the words were meet
Enough when they were heard in Crete).
His nearest neighbors used to tell How driving past there late at night
After Grange meeting, they would see Against his window eerily
The flickering of the candlelight. They didn't think the man was right.
They had no doubt but he was well Enough in body for his years, But no one ought to live alone
Strange passages from dusty seers, Repeating in an undertone
Or hearing things nobody hears.
When May came dancing up the fields
One day, they saw him draw his chair
Out where the porch was white with sun
To sit and watch the orchard run
Down to the wall. Each tree was fair.
And blosso,ms drifted everywhere. And all the fragrant afternoon
They saw him dreaming, open-eyed, Where flickers flashed, and robins swung
In arcs whene snowy branches hung:
Until the grocer came, and cried, And woke him not. (The people tried
To say he fell into a swoon
That came to bring his eyes surcease
From too much beauty in one day
"Don't talk to me about hard times. I was born 8 miles from a railroad, 5 miles from a school-house, 9 miles from a church, 885 miles from New York, 200 yards from a wash hole, and 15 feet from a cornfield.
tiOur nearest neighbors lived 2 miles away and they couldn't read or write. f never saw a suit of underwear until I was 17 years old and that revelation didn't belong to anybody in our family. The only books in the house were a Bible and a Sears-Roebuck catalogue.
"There were twelve members in our family, but you see we had three rooms to live in, including a dining room which was also the kitchen. Everybody worked at our house. We thought everybody else in the world had gravy and bread for breakfast, liver and cracklin' hoecake for dinner, buttermilk and corn pone for supper, because that was what we had.
"Some of us wore brogan shoes in the winter time. We had nice white shirts for summertime use. We slept on straw ticks, and pillows were not thought of nor required. I didn't know that money would rattle until f was nearly grown. Father got hold of two half dollars at the same time and let us hear them rattle. Taxes were no higher, but a lot harder to pay.
"We owned two kerosene lamps. Neither of them had a chimney. Our house wasn't ceiled, but two of our rooms had lofts in them. We had a glass window in our 'company room.' Otrr nicest piece of furniture was a homemade rocking chair. Our beds were of the slat or tightrope variety.
"We went to school two or three months in every year but not in a bus. We attended church every month, but not in a car. We used a two-mule wagon. We dressed up on Sunday, bnt not in silks and satins.
"We sapped our own molasses; \re ate our own meat; we considered rice a delicacy for only the preacher to eat; we had heard of cheese, but never saw any; we knew of some store-bought clothes but never hoped to wear any; we got a stick of candy and three raisins for Christmas and were happy; we loved Ma and Pa, and were never hungry, enjoyed going naked, didn't want much, expected nothing.
"And that's why our present so-called hard times ain't hard on me." (Author unknown.)
I think he died in thoughtful peace Walking an olive grove, in Greece.
1. Creates a Federal Housing Administration.
2. Insures 2O per cent of one billion dollars of private capital to be loaned for financing alterations, repairs and improvements on real property.
3. Provides mutual mortgage insurance for: (a) one biilion dollars of mortgages on new dwellings and low cost housing projects; (b) one billion dollars of mortgage refinancing for existing dwellings and low cost housing projects.
4. Authorizes the formation of five million dollar national mortgage associations to serve as rediscount agencies, to create liquidity in the home mortgage field.
5. Creates a Federal Savings and Loan Insurance Corporation with one hundred million dollars capital to insure savings accounts up to $5000 in Federal saving:s and loan associations, building and loan associations, savings and loans, homestead associations and cooperative banks.
6. Authorizes a one billion dollar additional Home Owners' Loan Corporation bond issue to refinance distressed mortgages.
7. Sets aside one hundred million dollars additional for repair and modernizing work on homes whose mortgages are held by the Home Owners' Loan Corporatlon.
MILLWORK LUMBER SASH & DOORS OFFICE, MILL, YARD AND DOCKS
2nd & Alice Sts. OAKLAND Glencourt 6861
IOTE SPECIALIZE IN FULL MILL BIDS, DETAIL AND MADE.TO.ORDER MILLITORK, AND CAN GIVE IMMEDI. ATE SERVICE ON ROUGH LUMBER, SHINGLES, LATH, UPPERS, STOCK SASH, DOORS, TRIM, 'STALLBOARD, PANELS Sc BUILT.IN FIXTURES.
Lumbermen's Post, American Legion, has elected the following delegates to the American Legion state convention: Theodore Stearns, Hayward Lumber & Inv. Co., Los Angeles; Fred Morehouse, Hammond Lumber Company, Los Angeles, and Russell Gheen, C. D. Johnson Lumber Co., Los Angeles. Alternate delegates elected were: Ed. Biggs, Union Lumber Company, Los Angeles; Jack Brush, W. E. Cooper Lumber Co., Los Angeles, and Herman Rosenberg, Hipolito Company, Los Angeles.
The convention will be held at San Francisco on August 13-14-15,1934.
M"tty successful lumber deders have found a cure for inventory ills in their McCormick salesman. They cealize he knows how to plan in maintaining a complete stock with the lowest possible investnent, so as to increase yard efficiency and yield better profits. Let the McCor.rrick
sahsman
Santa Ana, Calif., July 10.-In a letter to the National Clean Up and Paint Up Campaign Bureau in Washington, D. C., Frede"ic Sanford, Secretary of the Orange County Builders' Exchange, reports that $550,000 in pledges for the repair and modernizing of property have been secured in Santa Ana during the first part of a concerted city-wide drive. The campaign is being continued, and it is expected that the fulfillment of the pledges will be accomplished within two months.
Request has been made to the National Clean Up and Paint Up Campaign Bureau in Washington for additional service.
"l consult My 'doctor' Mr. McCormick Salesman frequently"
Section l-Creation of Federal
Authorizes the creation of a tration and the appointment of istrator, in order to carry out II and III of this Act.
Housing Administration
Federal Housing Adminisa Federal Housing Adminthe provisions of Titles I,
Section 2-Insurance of Financial Institutions
Authorizes the Administrator to insure banks, trust companies, personal finance companies, mortgage companies, building and loan associations, installment lending companies and other financial institutions which are approved by him as eligible for credit insurance against losses which they may sustain as a result of loans and advances of credit made by them after the date of enactment oi this act and prior to January I,1936, for the purpose of financing alterations, repairs and improvements upon real property. Insurance will be granted these institutions not exceeding 20 per cent of the total amount of loans made for such purposes. The government may incur a liability of $2m,00O,000 for such insurance and the maximum face amount of loans or advances of credit that may be made by the institutions participating is $2000. (Estimated that one billion dollars worth of modernizing and repair loans mav be insured.)
Section 3-Loans to Financial Institutions
Provision is made for the Administrator to authorize loans to institutions qualifying uncler Section 2 upon the security of their modernizing obligations. Such loans may be made for the full face valtte of the obligations offered as security. (In other words, provisions are made for the rediscount of modernizing loans where the financing insti' tutions deem it desirable.)
Section 4-Allocation of Funds
Provides that the Reconstruction Finance Corporation shall make available such funds as are necessary to carry out the provisions of this title and titles II and III.
Section 201--Definitions
The term mortgage is defined as estate upon which there is located than four families which is used residential purposes.
a first mortgage on real a dwelling for not more in rvhole or in part for'
Section 2}Z-Mutual Mortgage Insurance Fund
A mutual mortgage fund of $10,000,000, to be a revolving {und for carrying out the provisions mortg'ages under this title, is set up.
Section 2O3-Insurance of Mortgages
The Administrator is authorized to insure mortgages offer'ed him or to make commitments for insuring mortgages prior to the date of their exectttion provided:
(1) The insurance of mortgages on dwellings and lorv cost housing projects constrncted after the passage of this act shall be limited to $1,000,000,000; and
(2) The insurance of existing mortgages on drvellings and lorv cost housing projects is likewise limited to $l .000.000,000.
Mortgage Eligibility. To be eligible for insurance a mortgage shall:
f 1) Be held (1) held by a mortgagee trator as responsible and able properly_. '
(2) -Involve a principal obligation (including initial service charges. appraisal and other fees) not to exceed $16.000 and not to exceed 8O per cent of the appraised value of the property as of the date of execution of the mortgage.
(3) Have a maturity not to exceed 20 years.
(4) Contain complete amortization provisions requiring periodic payments by the mortgagor not in excess of his reasonable ability to pay.
(5) Bear interest (exclusive of premium charges for insurance) at not to exceed 5 per cent per annum on the amount of the principal obligation outstanding at any time or not to exceed 6 per cent if the Administrator finds in certain areas or under special circumstances the mortgage markei demands it. (On a 2O-year amortization contract yielding 5 per cent to the lender the borrower would be required to pay an annual charge for interest, amortization and insurance equal to 8l to 9 per cent of the original face value of the loan. This charge is much lower than the present equivalent combined cost of first and second mortgage money.)
(6) Provide for the application of the mortgagor's periodic payments exclusive of the amount allocated to interest and insurance premium charges to amortization of the principal of the mortgage.
(7) Contain.such_terms and provisions with resp€ct to insurance, repairs, alterations, payment of taxes, default reserves, delinquency charges, foreclosure proceedings, anticipation of maturity, additional and secondary liens and other matters as the Administrator may prescribe.
Insurance Premium Charges. An insurance premium of not less than one-half of one per cent nor more than one per cent of the original face value of the mortgage payable annually in advance by the mortgagee is fixed. (The insurance principal involved is similar to mutual life insurance. The one per cent premium is considerably in excess of the amount of risk ordinarily involved in mortgages of this type and hence should eventually be returned in part to the mortgagor, depending of course upon the general losses sustained by the insurance reserve. It is estimated that the rrayments mentioned under item 5 of Mortgage Eligibility would be sufficient to retire the principal of the mortgage in about 17 years, but even in case of substantial losses by the insurance reserve the mortgagor rvould be guaranteed complete return within 2O years., Section ZM-Paynent of Insurance.
Provisions are made in case of default of an insured n-rortgage to issue to the mortgagee debentures having a total face value equal to the value of the mortgage on the date of conveyance of the property to the Administrator, which debenture will bear an interest rate of 3 per cent per annum and which shall mature three years after the maturity date of the mortgage in exchange for which the debentures were issued.
The mortgagee is further issued a certificate of claim covering the cost of foreclosure proceedings and all other obligations under the mortgage not covered by the debentures.
If on final disposal of the property the net amount realized by the Administrator is in excess of the face amount of the debentures plus interest charges, the balance is to be used to pay the certificate of claim and anything left is paid to the original mortgagor.
Soition ZO5-Classification of Mortgages and Reinsurance Fund.
Provision is made for the classification of insured mortgages so that mortgages in any group shall involve substantially similar rist characteristics and have similar maturity dates.
Provision is also made for a general reinsurance account. Section 206-Investment of Funds.
(Continued on Page 22)
LUMBER
Ghamberlin & Co., W. R. 9th Fl@r, Fife Btdg. ............DOuglu 54?l
Dolbeer & Careon Luber Co., ZtO Mercbants Exchange Bldg.......SUtter 7151
Hammond Lumber Co., 310 Sansome St....................DOuglar 33tt
Holmes Eureka Lumbcr Co,, 1505 Financial Ceatcr Bldg. .GA.rfield l!21
Lawnce-Pbilips Lumber Co., Zl5 Fife Boilding... ................EXbruk !303
Ilcp Lunbcr Comlny, Ft. of l5tb St....................,.EXbruk {$r
Long-Bcll Lunber Saler Corpontio!, 625 Market Strect ...,,.....,....GArfie|d lt3l
Mulllgan & Co., W. J., 520 Montgomery St. ..,...........GArfield 6890
LUMBER
McCormick, Chu. R., Luber Co., tCl Market Street ........,........DOuglas 2561
Mmre Mill & Luber Co., 525 Market Stret ...........,....,EXbroo& 0f?3
Pacific Lunber Co,, Tbc 100 Bush Str.et ..................GArfield llEl
Red River Lumber Co. 315 Monadnak BldS. ,............GArfie|d 0022
Santa Fc Luber Co., 13 Callfomia Street ...............KEmy 20if4
Schafer Brc. Lubcr & Shiagle Co., 1208 Fifc Bldr. ... ,... ....Sutter Uitl
Sudden & Christcngor, 310 Sansmc Stret ....,..........GArfield 2ttl
Union Lumber Co., Crcker Buildin3 ..SUtter tlTl
LUMBEN, Hill & Mortoq hcDonfrca St. Whrrl ..............ANdwr lol?
T. P. Ho3an Co.' trd & Alie Strett.............Glenmrt otll
, HARDWOODS
LUMBER
Vu Ars&lc-Hmic Lunber Co., Inc., Fifth & Brmn Streets..........GArfreld :lOO
Wendling-Nathan Co., lla Marlct Stret .......,.,........SUttGr 53'3
E. K. Wrcd Lumber Co., I Drumm Street..,..................KEamy 3ill0
Weycrhaeuser Saler Co., lll California Street ., ,. .GArfietd $?{ DOORS AND PLYWOOD
Nicold Door Salcs Cr, 3015 lttb Strcet .............,......Ml$lon ?t20
Wheler-Oagood Sales Corporation, 30{5 lgih at. ......,.......,.......VA|encia 22,11
CREOSOTED LUMBER-POLES-PILINGTIES
McComic&, Chac. R., Lumber Co., aOl M*ket Street .......,.........DOuslu 2561
PANELS
Elliott Bay Salcr Co., It2l Bmdmy .HlSate 2zta?
Califmia Builders Supply Co., 501 29th Avenue ANdover lltE
Strable Hudwood Co., 537 FiEt Stret .............,.TEmp|ebar 55!l
LUMBER
Bokrtavcr Bunt Lmbcr Co, Chmber of Comnerc Bldg'.'...PRorpcct tZll
Chubcrlln & Co.' W. R., llt West Nhth St. .......'....."TUcLer l'l3l
Dolbcer & Canon Luber Co.' ,tr, Shctl Buttdlns....'. " ".. .VAndlkc t7t2
Hohnce Eureka Lmbcr Co., ?U-?12 Architect! Bldg. ... ...MUtual 0ltl
Hmmoad Lmbcr Co., 20le So. Almeda St. .........'..'PR€Fct ?Ul
Hover, A. L., ?00 So la Brea Avc. .,,,....-.......YOrk ll6t
Lamne-Phllips Lumbcr Co., Gl3 Pctrclm Seruities BIdg...,PRdFct 022t
Long-Bell Lumber Sales Crporatio, ?8 Petrclm Securitis Bldg....PR6p€ct tl66
McCmici<, Chas. R., Lmber Co, ll7 West 9th St....,.....,......TRinity 5z1r
Mulligan & Co., \lf. J., lu west tth st. ......,...........vAadike,ilt6
Pacific Lumber Co., The 700 So. Ia Brea Ave.,................YOrk 1163
LUMBER
Patten-Blinn Lunbcr Co..
52r E. 5th SL .. ,. .....VAndlkc Zr2l
ReC River Lunber Co.,
702 E. Slaum ...AXrldrc toll
Santr Fe Imber Co.,
3ll Fimncial Center Bldg.. ,. .. .,ifRintty tEzf
Schafer Bros. Lumber & Shingle Co.,
l2t Pctrolcum Seqritier Bldg....PRcpeqt 9?t
Sudden & Christenon"
030 Berd of Tn& BldS. ...,.....TRini$ tt4{
Union Lmber Co,, Lanc Mortgagc Bldc. ...,.,........TRiu|ty 242
Wodling-Nathu Co, 700 So. La Brea Avc. .................YOrk ff6!
E. K. Wood Lumber Co., 4701 Santa Fe Ave................JEffereon llll
Weyerhaeuser Sales Co.,
t4l Petroleun Smritier Bldg....PRospcct 55S0
CREOSOTED LUMBER_POLES-PILING_
TIES
McCcnick, Chas. R., Lunber Co., lU W6t 9th St. ,..............TRinity S2|r
HARDWOODS
Coopcr, W. E., Lumbc Co., !035 E. f5th SL .,..,..,........,.PRopcct 5r3l
Humond Lmbr Coatrt So. Alameda St,.,,..........PRospcct tltl
bughtir, C. J., 625 Petroleum Scurltles Btdg.....PR6Fct Z?0!
Strnton, E. J., & So, 201i0 Eut l6th Strect ..........,..AXrt&c t2rr
SASH-DOORS_MILLWORK
Hmond Lumbcr Co., All0 So. Almeda St..............PRapcct 7l?l
Kchl, Jno. W., & Sou, C52 So Mycrs St. ........,..,.....ANgdu t0?l
Rcd Rivcr Lumbcr Co., 712 E. Slauron ,.AXrldgc fllrr
Wh99!er-_Ossod Salec Copontim, l03l So. Bmdway ........,.......PRcpcct 5616
PANELS .A,ND PLYWOOD
Califmia Panel & Vcner Co.. 955 So. Alameda Sa .....:........TRinity |X)sZ
Cooper, W. E,, Lumber Co., AB5 E. fsth St. ........,........pRospect 5liil
Wheeler-Osgod Saler Corporatio, l0ill So. Brodway ................PRGpect s3ta
(Continued from Page 20)
Provision is made for the investment of funds not need- scribed for by the Home Owners' Loan Corporation. The ed for the current operations of the Federal Housing Ad- Insurance Corpojation will have a Board of Trustees of ministration five mernbers. The members of the Federal Home Loan
Section 2O7-Low Cost Housing Insurance
Provision is made to insure first mortgages covering property held by Federal or State instrumentalities, private limited dividend corporations, or municipal corporate instrumentalities of one or more states formed for the purpose of providing housing for persons of low income which are to be regulated or restricted by law or by the Administrator as to rents, charges, capital structure, rate of return, or methods of operation. Such mortgages shall contain terms, conditions and provisions satisfactory to the Administrator, and the insurance with respect to any low cost housing project shall not exceed $10,000,000. The Administrator also may impose a premium charge for insurance in excess of or less than the amount specified for insurance on dwellings.
Section 208-'Taxation Provisions.
No real property acquired or held by the Administrator under thls title is to be exempt from taxation by any state or political subdivision thereof, to any greater extent than other real DroDertY.
Section ZOq-St"tittical and Economic Surveys'
The Administrator is given the power to cause to be made such statistical, legal and economic studies as may be deemed useful to guide the development of housing and the creation of a sound mortgage market.
Section 30l-Creation and Powers of National Mortgage Associations.
The Administrator is authorized to provide for the establishment of National Mortgage,Associations which will be authorized, subject to rules and regulations to be prescribed, (1) to purchase and sell first mortgages not exceeding 8O per cent of the appraised value of th.e.property as of t-ire dite the mortgage is purchased, and (2) to borrow money for such purposes through the issuance of notes. bonds and debentures.
Each such Association shall have a paid in capital stock of not less than $5.000,000.
Any number of persons, not less than five, may apply to the Administrator for the authority to establish a National Mortgage Association' Section 302-Obligations of National Mortgagc Associations.
Each National Mortgage Association is authorized to issue and have outstanding at any time notes, bonds or clebentures not to exceed ten times the aggregate par valtte of its outstanding capital stock.
Sections 303 through 308 provide for the investment of funds of mortgage associations; the management of acquired properties; for periodic examinations ; rules and regulations; that the associations be taxable to the same arnount as chartered corporations; and that the associations may be depositaries of public ryoley'
(These National Mortgage Associations will make no direct loans but will serve as rediscount agencies and as reservoirs of funds for financing institutions in localities where sufficient capital is not normally available.)
Bank Board will constitute the Board of Trustees. Section 4o3-Insurance of Accounts and Eligibility Provisions.
Provides that it shall be the duty of the Corporation to insure the accounts of all Federal Savings and Loan Associations (about 3@ to date) and it may insure the accounts of building and loan, savings and loan, and homestead associations and cooperative banks organized and operated according to the laws of the state, district or territory in which they are chartered or organized.
Section 4o4-Premiums on Insurance.
Each institution whose application for insurance is approved by the corporation shall pay to the corporation a premium charge equal to one-fourth of one per cent of the total amount of all accounts of the insured members of such institution plus any creditor obligations of such institutions. Such premium shall be paid annually until a reserve fund equal to 5 per cent of all insured accounts and creditor obligations of all insured institutions is built up. If at any time the reserve fund falls below 5 per cent, the insurance premium charge shall be resumed until the reserve is brought back to 5 per cent.
The Corporation is further authorized to assess each insured institution additional premiums for insurance until the amount of such premiums equals the amount of all losses and expenses of the corporation. The total amount so assessed in any one year against any such institution shall not exceed one-fourth of one per cent of the total amount of the accounts of its 'insured members and its creditor obligations.
Section 4o5-Payment of Insurance.
Accounts not in excess of $500O may be insured. In the event of default by any insured institution the corporation shall make available to each m.ember a new insured account in an insured institution not in default or at the option of the insured member pay him 10 per cent in cash, 5O per cent of the remainder within one year and the balance within three years from the date of such default.
Section .lo6--Liquidation o{ Insured Institutions.
Provides the method by u'hich insured institutions may be liquidated.
Section at0T-Termination of Insurance.
Provides the method by which account insurance mav be terminated.
Section SOl-(Amending Federal Home Loan Bank Act).
So that each Federal Ifome Loan Bank is authorized to make advances to its members upon the security of home mortgages with the following limitations:
"(1) If secured by a mortgage insured under the provisions of Title II of the National Housing Act, the advance may be for an amount not in excess of 9O per centum of the unpaid principal of the mortgage loan.
" (2) If secured by a home mortgage given in respect of an amortized home mortgage loan which was for an original term of eight years or more, or in cases where shares of stock. which are pledged as security for such loan, mature in a period of eight years or more, the advance may be for an amount not in excess of 65 per centum of the unpaid principal of the home mortgage loan. but in no case shall the amount of the advance exceed 60 per centum of the value of the real estate securing the home mortgage loan.
There is created a Federal Savings Corporation having a capital stock
Section 40?-Cteation of Federal Insurance Corporation. Savings and Loan and Loan Insurance of $100,00O,000 sub-
"(3) If secured by a home mortgage given in respect of anv other home mortgage loan, the advance shall not
be for an amount in excess of 5O per centum of the unpaid principal of the home mortgage loan, but in no case shall the amount of such advance exceed 4O per centum of the value of the real estate securing the home mortgage loan."
Section SO2-(Amending Federal Home Loan Bank Act).
Authorizes the Federal Home Loan Banks to make advances to their members to enable them to finance home repairs, improvements and alterations, and provides that these advances may be made upon the security of notes representing obligations incurred pursuant to and insurable under Section 2 ol the National Housing Act.
Section 503-(Amending Federal Home Loan Bank Act).
Authorizes the Federal Home Loan Banks to issue consolidated Federal Home Loan Bank debentures which shall be the joint and several obligations of all Federal Home Loan Banks.
Section s04-(Amending Farm Credit Act of 1933).
So that with the approval of the Governor of the Farm Credit Administration and under rules and regulations to be prescribed by the Production Credit Commissioner, Production Credit Associations organized under the provisions of the Farm Credit Act of 1933 are authorized (1) to make loans to farmers for home alterations, repairs and improvements, (2) to sell, discount, assign and otherwise dispose of any loans made by them under the provisions of this section, and (3) to avail themselves of the benefits of insurance under the provisions of Section 2 of. the National Housing Act.
Section 505-(Federal Reserve Act).
By adding a provision to Section 24 authorizing the removal of the five-year maturity limit and the restriction as to the amount of the loan in relation to the actual value of the real estate on all real estate loans insured under the provisions of Title II of the National Housing Act' (Apblies to all member banks of Federal Reserve system.)
Section 24 is further amended to provide that loans made to finance the construction of residential or farm buildings
San Francirco Office: Merchants Exchange BIdg.
S. M. Hauptman, Gen. Mgr., Phone SUtter 6126
Lor Angeler Ofrce: Petroleum Securitiel Bldg.
Ctint Laughlin, Dirtrict Manager ' Phonc PRorpect 2703 MEMBERS
W. R. Chambcrlln & Co. ......SuFrucbcoendl.cAn;r-lcr
ooitJiin iumt r Co. .........'Su Fnncllco end Lc Aniclcr
Eectcrn & Wertem Lmber Co...'.......'..'.......Portlud and San Franclrco
Jamer L. Hall "....'.San Frucirco
.1. C. Hamiltm Bu & Lmber Co. .......'..... .San Francirco
Hammmd Lunbcr Co. .'....'.Su Francbco and Lc An3cler
J. n. nentfy Cc ....'......'. ..SanFranclrcoand-Lo-AnSclor
Hut-Wod Lubcr Co. .........'..' ....'.......'.San Fnncbo
A. B. Joborcn Lumber Co. .....San Frreim
C. D. Jobnron Lumbar Co. ....Su Francl,ro en{ LoqAngclcr
Al"ir N. Lol3rcn ........,.......'...,.'.'. '.......San Frucis
MacDomld d Harrlngton .....S41 Fmcbco rnd- Lc-An3cla
A. F. Mahony Lumbci Co. .......'.'... ........-..San Fnncleo
Ctr"i. n. McCcmlck Lumber Co. ........'..'...Sal Fruclrco rnd Lc Anlclcr
McCqmick Supply Co. ........Sm FIuciro ud llr Argclc
W. f. n{"tllgao-ai C". ............'...........'..San Fmicrco and- Lo An3eler
Charler Neb-m Co. SanFnnclrcoandl.oeAn3alo
P*rmino Lmber Co. ..'.......3an Frmdo
Srnta Fe Lumber Co. '. ' 'San Francicco and Lc Angelcr
Sud&a & Chrirtcron .'......San Franciro and Lor An3olu
Trcwer Lumbcr Co. ..,,....,..... .,......,'..'....SanFrancis
Wcndling-Nethan Co. .,.,...., SuFrucismd,Lc-An3clc
R. O. WItm & Son ..,,,.,.., Su Fruclrco
Wilon Bru. & Co. ....,.,.. .,SuFnnciscoandlaAntolcr
E. X. Wma Lumbcr Co. .....SrnFmci*orndloAnlclcr
Hlll & Morton, lnc' '...,'.'.... .......OrLhnd
F"n-la Lumb; sal6 co. '."""""""'oddlnd
Biodcl-Donovan Lunbcr Mlllr
and having maturities not to exceed six months may be classed as ordinary commercial loans, provided that no National Banking Association shall invest in excess o{ 50 per cent of its actual paid in and unimpaired capital, and provided further that notes representing such loans shall be eligible for discount as commercial paper within the terms of the second paragraph of Section l3 of the Federal Reserve Act if they are accompanied by a valid and binding agreement, to advance the full amount of the loan upon the completion of the building, entered into by an individual, partnership, association or corporation acceptable to the discounting bank. (Applies to all member banks of Federal Reserve system.)
Section 506-(Amending Home Owners' Loan Act of 1933).
To provide for the issuance of an additional billion dollars of bonds for the purpose of refinancing distressed mortgages.
Is further amended to provide an additional $100.000,00O for the purpose of modernizing properties on which the Home Owners' Loan Corporation holds mortgages.
(Amendments to make total authorized issue of bonds and debentures by the Home Owners' Loan Corporation for the refinancing of distressed mortgages, equal to three billion dollars. Three hundred million of this bond issue is set aside for repair, modernization and alteration of homes mortgaged by the Corporation.)
Section 51l-(Amending the Interstate Commerce Act).
The Interstate Commerce Commission is authorized to reduce rates, for a period to be specified, on commodities, to be specified by the Commission, where in the judgment of the Commission such reductions will aid in improving nation-wide housing standards, and provide employmeut and stimulate industry.
Fred A. Chapin, Fred A. Chapin Lumber Co., San Bernardino, left on July 13 for Grand Rapids, Mich., where he is a delegate to the Lions Club International convention. He was recently elected president of the San Bernardino Lions Club for the ensuing year. His son, "Tommy" Chapin, is in charge of the yard during his absence.
Booth-Kelly Douglas Fir, thc Agsociation gradc and trade mark certify to your cugtomcre the quality of tho stock you handle. Builderc quit gueosing about what they're buying, and buy where they know what they'rc getting.
Gcneral Saler Ofice: Eugene, Orc.
Millr: Wendling, Ore., Springfield' Orc.
CALIFORNIA REPRESENTATIVES
Northcrn Crlifornir
Hill & Morton, lnc.
Dcnniron St. Wherf
OrLlmd ANdovcr 1077
Southcra Crliforah
E. J. Stenton & Son
zl50
E. 3tth st..
Lor Angclcr
AXridsc 92ll
From the Files of The California Lumber Merchant, August 1 , 1924
"Fulfilling Our Destiny" is an editorial by Jack Dionne in which is reproduced a complimentary letter received from C. H. White of White Brothers, San Francisco. Jack Dionne says: "Mr. White has said for us exactly what we would like best to have said."
The market report ,.rl ,r1",1n. ar,,rornia lumber situation is in a decidedly better corrdition, and that each day sees more improvement.
Ben Woodhead of Beaumont, Texas., is suggested for Snark of the lJniverse, Concatenated Order of Hoo-Hoo. ***
Joe Rolando has been appointed manager of the SuddenHeitman Lumber Co. yard at San Francisco.
LeRoy Stanton, Phil Hart inspect Pinedale, Calif.
McAlpine, L. M. Rosenberg and Sugar Pine Lumber Co. plant at ***
This issue carries two pages of congratulation messages on our Second Anniversary Issue.
The Arizona llIill & Lumber Co. at Flagstaff, Ariz., is enlarging their mill which rvill double their capacity.
The Superior Saw & Supply Co., a newly formed company, has opened an office at 342 Winston Street, I-os Angeles. ***
E. P. Hunter of Waco, Texas, general manager of Wm. Cameron & Company, was a recent California visitor. He was accompanied by Mrs. Hunter. Mr. Hunter is an out. standing figure from the standpoint of progressive lumber merchandising.
Klamath Falls, Ore., ;;; held a concatenation on July 6. Thirty-four Kittens were initiated and two reinstatements were made. ***
J. Walter Kelly presides at San Francisco Hoo-Hoo meeting. William H. Propert, United States Steel Products Co., was the speaker. **:t
At the Los Angeles Hoo-Hoo luncheon on July 24, Snark lferman Rosenberg announced that the club would hold a dinner dance during the month of August.
Mel Salomon was the winner of the Lumber Estimating Contest at the regular meeting of the Lumber Salesmen's Club of San Francisco on June 26.
The Long-Bell Lumber Company mill at Longview, Wash., started cutting on July 31.
Prospects and Niblicks" by Jack Dionne is an interview on the lumber situation with Gus lloover of Los Angeles. :frf*
The aggregate value of building permits for fifty-six reporting cities in California for the first half of. 1924 totaled $199,151,@7, as compared with $219,109,455 for the same period in 1923.
The A. W. Smith Lumber Co. of Los Angeles has been appointed the exclusive agents for Williams' Famous Fir Finish for Southern California
D. R. Philips, formerly Los Angeles manager for the J. R. Hanify Co., will join the Los Angeles sales force of the Hart-Wood Lumber Co. on August 1.
The Starks Shingle Stains, Inc., start operating at Seattle, Wash. J. J. Starks is president, Dan Earle, secretary, and Don Clark, treasurer.*
The San Fernando Lumbermen's Club met at San Fernando on July 11. A. B. Garrett addressed the meeting on "Cost Accounting."
The S. W. Towle tr-OJ ;., . corporation with S. W. Towle, president, and Chas. McFarlane, vice-president, rvas recently formed with offices and yard at Seventh and Howard Streets, San Francisco.
The Merryman redwo; ;J of timber was recently sold to the Charles -Nelson Company of San Francisco. The sale involved approximately a billion feet of timber on 13,000 acres, located mostly in Humboldt County.
Meyer & Hodge, Los Angeles wholesalers, have been appointed exclusive representatives in Southern California, Arizona, Ner,v Mexico and Texas for the Hutchinson Lumber Co. of Oroville, Calif.
An editorial, "Plan to Create Lumber Center on San Diego Tidelands," is reprinted from the San Diego Union.
"IJsing Home Plans to Sell Home Sites" is an editorial by Jack Dionne.
Construction work on the new $10d,000 administration building and additions of the Pioneer Paper Company at Los Angeles will be completed on September 1. ***
Clyde Seavey, President of the California State Railroad Commission, was the speaker at the San Francisco HooHoo meeting on July 24. Fred Roth was chairman of the meeting.
A parade, two miles long, consisting entirely of animal drawn vehicles, was a feature of the Fiftieth Birthday celebration of Modesto observed on July 4. The event was watched by about 40,000 people.
The Stanislaus Lumber Company entry was the winner of first prize in the commercial section. Their entry was an old lumber wagon with a load of logs drawn by oxen. Jim Gartin in a Buffalo Bill-Kit Carson ensemble was at the reins, while Dick Ustick in a pioneer outfit and long rifle walked in advance of the oxen keeping an eye open for water holes.
The Inland Lumber Institute held a general meeting at the Cafe Madrid, San Bernardino, Calif.. on Wednesday evening, July 11, 1934, to discuss the new retail lumber and building materials modal mark-up. The rneeting was presided over by President F. W. Chase.
Harry A. Lake, Garden Grove, president of the California Retail Lumbermen's Association, and Frank Fox, FoxWoodsum Lumber Co., Glendale, addressed the meeting. A. D. White, secretary of the Riverside Lumbermen's Club, and W. R. McWilliams, secretary of the PomonaOntario District, attended the meeting.
if you could talk with an outstanding authority on investmen$, sdmeone whose &nowledge, experience, information, training and unbias is beyond doubt?
For over 3O years we have been giving juet ruch counrel to individuaL and institutions.
Whether your inquiry concern! the putchase or aale of an individual cecurity, or the recon$ruction of your entire investrnent program, Brooknire will give you information and counsel to solve your problemr.
On a fee per inquiry basis.
Vrite to our fnvestment Advisory Cornminee.
Department CLM-82
Washington, D. C., July 17.-The National Recovery Administration today announced disapproval of a proposal by the Code Authority for the Lumber and Timber Products Industry to incorporate in the Code a definition of the wholesale lumber trade. It is understood that the amendment will again be revised and resubmitted.
For some months, since the adoption of the Code, the Code Authority, following previous years of effort upon the part of the Industry itself, has been attempting properly to define lumber wholesalers. This has been found to be an exceedingly difficult task because of the great diversity of methods used in the sale of lumber in large quantities.
The proposed amendment was found by NRA to be possible of such construction that it might put out of busi ness or seriously embarrass certain lumber wholesalers who have sold to large consumers in the past. Furthermore, it might have been construed to have provided for arbitrary discrimination between purchases by the Federal governrnent and purchases by State governments and their political subdivisions.
A public hearing was held on the proposed amendment on March 17,1934, at which both the proponents and opponents of the amendment appeared. Thereafter the amendment was revised and resubmitted to the Nationat Recovery Administration on July 6, 1934.
New Orleans, La., July l5.-Three companies manufacturing Southern Pine lumber in Alabama, Arkansas and Louisiana, have been certified by the Conservation department of the Southern Pine Associatoin, as "sustained yield" operations under terms of the Forest Conservation Code, which became operative June 1, according to announcement here today by'H. C. Berckes, secretary-manager of the Association. The three companies first to achieve this distinction are the Allison Lumber Co', Bellamy, Ala.; Crossett Lumber Co., Crossett, Ark., and Urania Lumber Co., IJrania, La. The "sustained yield capacity" of the three operations are given as follows: Allison, 20 million feet per year; Crossett, 28 million feet, and lJrania, 15 rnillion feet.
D. J. Rust, vice president and manag'er, Ry-Lock Company, Ltd., San Leandro, was recently elected second vice oresident of the San Leandro Chamber of Commerce.
Lumber yard site on Santa Monica Boulevard. The larrd and buridirigs of a going business with SIDE TRACKS. Will rent and sell stock or not as owner desired. Also extra land to rent for industrial or business i;raterial site, atorage house, manufacturing or other purposes. Telephone Owner, ROchester 1107.
Lumberman of experience and ability will invest with executive services, in first class yard or yards. References expected and given. Address Box C-515, care California Lumber Merchant.
Wants position with wholesale or retail lumber yard. Knor.vs both softrvoods and hardwoods. Long experience. Anything considered. Can furnish references. Would prefer Los Angeles District. Address Box C-517, care California Lumber Merchant.
Angeles and Southern California lumber yards for Address Box C-480, Care California Lumber MerLos sale. chant.
Experienced lumberman will purchase good yard or interest up to $25,000.00 with management. Address Box C-514. care California Lumber Merchant.
Lumberman of long experience wants position as bookkeeper, office or clerical work. San Francisco Bay district preferred. Address E. T. Paulson, 1735 Grove Street, Berkeley. Telephone AShberry 9932.
Partner in going Lumber and Fuel busirress either active or silent to invest about $1O.000. Best of prospects. Address Box C-516, care California Lumber Merchant.
"Where can I go camping and catch mountain trout?" is a question being asked the San Francisco headquarters of the U. S. Forest Service many times each day. These inquiries and an unusual demand for maps of the national forests indicate that travel to the mountains of California will be greater than for several years, according to S. B. Show, Regional Forester. Requests for information on renting of sites for summer homes are increasing and reports from the various national forests state that traffic is heavier than since 1929 when over 18 million persons traveled through or camped in the national forests of California. Since that year general travel has decreased but the campers, resort guests and the summer home population has been increasing steadily except for 1932 which was the lowest year for recreation since 1929. The "1931 Gold Rush," when many unemployed panned the streams in the national forests for placer gold, showed a summer population ol 3,992,64O composed of campers and other recreationists, exceeding by 200,000 the figures for 1933.
The total number of recreationists entering the national forests of California in 1933 was 3,780,472, composed of picnickers, ca.mpers, hotel or resort guests and summer home permittees and their friends. The four southern California forests accounted f.or 70 per cent of the recreationists.
Forest ofifrcers find that while transient travel has decreased since 1929 but other classes of visitors entering the national forests have increased 22 per cent. The number of picnickets has almost doubled in the past five years, campers have increased 30 per cent and there has been a steady increase in summer home permittees.
Washington, Jrly 15.-An informative booklet on splitring and toothed-ring timber connectors has been published by the Timber Engineering Company, agency of American Forest Products Industries for handling the distribution of the connectors. The booklet has an adequately descriptive text accompanied by excellent illustrations showing holv connectors are applied to structural members in timber construction and how the latter are assembled into such structures as lookout torvers, radio towers, bridges, platforms, warehouses, garages, etc,
The practical advantages of TECO construction are cited as economy of material, economical substittrtion of wood for steel in many instances, economy of labor cost in erection, strength, prevention of extension of checking, adaptability to expansion and contraction, replacement of expensive plates, hangers, angles and strips; architectural gracefulness, and ease of dismantling without injury to parts.
Copies of the booklet may be obtained by application to American Forest Products Industries, 1337 Connecticut Avenue, Washington, D. C.
I\{. H. McCall. Union Lumber is back at his desk following a Long Beach.
FROM VACATION Company, Los Angeles. week's vacation spent at
E. A. Brorvn, San Francisco, staff engineer fornia Redwood Association, is in the Middle he will spend a month on association work.
for the CaliWest where
A lumberman who knows his mill ponds asked us how the log pictured in Link 6 got into the pond with the bark on. "Mill pondsr" said he, "are nudist colonies for logs."
'S7e explained that this was the case every place excepting Scotia. Why peel off a material and leave it in the forest when it is the insulating material all-wise Nature perfected for her oldest living things-the Redwoods? In the laboratory engineers were amazed by its efficiency and resistance to forces that commonly destroy ordinarv insulation.
Link 7 pictures the peeling operation. Palco Bark is specially processed and packed in convenient 100-pound bale.s for shipment.
The whole interesting story of Palco Bark is yours for the asking.
Generations of pattern makers have regarded white pine as essential to their exacting craft. Its even texture cuts smoothly, with and across the grain, and does not dull their keen-edged tools. 'White pine's freedom from distortion preserves the shape of the pattern in the moist sand of the foundry and the dry air of the storage room.
Sugar Pine is the largest true white pine, yielding wide cuts of clears and factory grades. Red Rrver s virgin forests lie in the region where altitude and volcanic soil have perfected the growth of these giant pines.
Red River's standards of manufacture and seasoning assure reliable quality. Red River's mixed cars give the highest economy in buying and handling. Red River's continuous year round production and large output form a dependable source of supply. "Produccrr
Thrcc
