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Blue Book Reports More Careful Architectural Exhibit Features Credit Checking Ne*spaper Buildings
Washington, August 1.-With claims placed with it for collection exceeding by 40 per cent in number and averaging 10 per cent more per claim in amount than at this time last year, the Blue Book of the National Lumber Manufacturers Credit Corporation reported for the August issue of "The Lumber Market" that credits are obviously being checked with increasing care. This condition is further indicated by an 11 per cent increase in requests for special credit reports over July a year ago. Collections are much more difficult than last year.
Other business difficulties, ho'ivever, show no appreciable change, except in the number of receiverships actually effected, reported as 10 for the past month as against 4 {or the month last year. Bankruptcies were less by 2; being 15 against 17 a year ago. Composition settlements were I against 2; creditors committees appointed rose 1, being 5 against 4; extensions were 2, the same as last year. Five assignments were reported for the month in 1931.
F. W. POOL SPENDS VACATION IN LOS ANGELES
F. W. Pool, Phoenix, Arizona, representative for the E. K. Wood Lumber Co., has been spending a two weeks' vacation in Los Angeles. While in the Southland, he visited the company's Los Angeles office.
Lester Sterett Visits Los Angeles
Lester Sterett, secretary of the Millwork Institute of California, will spend the next few weeks in Southern California on association business. He will make his headquarters at the Institute's Los Angeles office.
A variety of unusual problems must be solved by the architect who undertakes the design of a newspaper building. This fact is seen in the special exhibition of the work of F. D. Rutherford, architect, now on display in the Architects Building Material Exhibit, Fifth and Figueroa Streets, Los Angeles. Schools and newspaper buildings are Mr. Rutherford's specialty, but this exhibition is featuring only the latter type of work.
Prominent in the display is a collection of photographs and sketches of the Hollywood News Building which has recently been completed. One of the outstanding features of this edifice is the use of selected Philippine mahogany in the lobby and offi.ces. Walls, counters, beams, corbels and ornaments are of this wood and it has been used in a very attractive manner. T'he other buildings included in the display are the Santa Monica Outlook, the Long Beach Sun, ind the Alhambra Post-Advocate. The exhibition will be open to the public until August 29.
Ruth Alberta Brey Visits Southern California
Ruth Alberta Brey, Brey-Wright Lumber Co., Porterville, has just completed a two weeks' vacation in Southern California visiting friends in Los Angeles and San Diego.
George Melville Returns From Vacation
George Melville, Los Angeles, associated with "Gus" Hoover, is back on his territory again calling on the trade following a two weeks' vacation spent at various Southern California summer resorts.