Philippine Mahogany Manufacturers' lmport Ass'n Holds Annual Meeting at Colorado Springs

All the officers were re-elected at the annual meeting of the Philippine Mahogany Manufacturers' Import Association, Inc., held at the Broadmoor Hotel, Colorado Springs, Colo., July 28.

Walter G. Scrim was elected president for the seventh successive year. The other officers are H. R. Black, vicepresident; Glenn W. Cheney, secretary-treasurer and G. P. Purchase, assistant secretary-treasurer.

The board of directors elected for the Association's current fiscal year was as follows: W. G. Scrim, Roy Barto, H. R. Black, Thomas E. Powe, J. K. McCormick, Glenn W' Cheney and J. Raymond Peck.

In attendance were members of the Association representing the industry on both the Atlantic and Pacific Coasts as well as other sections of the country. Among those present was A. M. Amend of Manila, P. I., president of the Atlantic, Gulf & Pacific Co., Manila, rvhich concern is a member of the Association.

The meeting proved to be of great interest to those present with matters of considerable importance to the organization as well as the industry as a whole being discussed and acted upon.

The annual meeting was followed by a meeting of the board of directors.

An i.nteresting feature of the gathering this year was the celebration on July 27 around the dinner table of the birthday of one of the members, J. K. McCormick of Henry J. Winde Company, Charleston, Mass. A birthday cake and all trimmings were enjoyed by those present.

Attention is drawn to the Will Rogers Memorial Stadium in the left background of the group picture. The Will Rogers Rodeo is held during August each year in this stadium, also football games and other activities. The stadium was erected by Spencer Penrose, owner of the Broadmoor Hotel and builder also of the Will Rogers Shrine of the Sun Memorial, situated on Mt. Cheyenne, elevation 930O feet. which is within view of the hotel.

An article new offices and showed yard and of N.M.L.A. considerable gram.

Ten Years Ago Today

From August 15, 1929 lssue in this issue announces a program of building and stores by The Diamond Match Company pictures of the nerv store at the Marysville the Vacaville yard. directors met at Longview, Wash., and gave time to discussion of' the grade-marking pro- the manufacture and packaging of announced by Weyerhaeuser in a,n

Improvements both in "4-Square" lumber were illustrated article.

Dave Painter of the Fruit Growers' Supply Co. made what was then considered a fast trip from Montague to'San Francisco in a West Coast Air Transport plane in 2 hours, 45 mi,nutes. This compared with 12 hours that the Shasta Limited, crack train of those days, took to make the same distance.

The full text of for the registration the new California State law providing of contractors was printed in this issue.

McCloud River Lumber ment of R. C. Calloway as state of Texas.

Company announced aPPointtheir mill representative for the

State Association directors and East a joint breakfast meeting at Hotel Harry A. Lake presided.

Bay retailers held Oakland, Oakland.

Southern California District's FHA Loans Pass $300,000,000

Los Angeles, August S.-Cumulative insured mortgage business of the Southern California district office of the Federal Housing Administration has passed the $300,000,000 mark, according to an announcement today by W' G' Bingham, district director.

Mortgages accepted for appraisal since the inception of the program in the Southern California district total 68,357, representing $3@,896,462, the report shows. Of these, 38,099 cases for $174,950,182 covered the construction of new lromes, and30,268 for $125,946,275 called for the refinancing of existing mortgages or fbr purchase-money mortgages on existing dwellings.

The report further reveals that the first six months of 1939 showed an increase of approximately 8 per cent over the total number of mortgages accepted for appraisal during the corresponding period of 1938, and a little better than 3 per cent increase in dollar volume. The first half of 1939 recorded 13,389 cases for $58,755,000, as against 12,405 cases {or the first six months of 1938, with a dollar value of $56,597,540.

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