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BUYER'S GUIDE

BUYER'S GUIDE

r . $(r/s Build,er Bob Atwello

IrHIS attractive, modern restauI rant is another example of plyrvood's extensive use for commercial buildings of almost every type. For eight years it has been attracting the public's eye-and patronage ! Designed by Archi,tect George Groves of Seattle. and built by the Atwell Construction Comyrany, it has proved a much-copied structure. Builder Bob Atwell says:

PIYWOOD'S TI,IANY ADVANTAGES

KEEP DE'IAANDS GREATER THAN PRESENT SUPPTY

Douglas fir plywood production is greater now than in prewar years. Today's demand, however, is unprecedented-and raw material availability is the control' ling factor in attaining higher output. This uneven demand-supply ratio naturally means that plywood may not always be readily obtainable at any given time and nlace. Keep in touch with your reglllar souree of supply as to price and deIiverv information. For technical data, writi the Douglas Fir Plywood Associa' tion, Tacoma 2, Washington.

Douglas Fir PIYWOOD

LARGE. LIGHT. STRONG

"Douglas fir plywood is definitely on our list of preferred materials for both commercial and residential work. We were, I believe. among the first to use Exterior plywood for large, non-residential jobs, a.nd in every case it ,has turned in excellent performance. \I'e take advantage of plywood's strength, durability and ease of handling whenever possible." ?41,ners

Munulactured, in tw| types: Ex'rrnron, lor pernrunent outdoor applicutions ; InrnnIon, I or insitlc 'use. Both types are auailable in seueral appearance grad,es'

Most Familieg Financing Homes Under Hardwood Flooring Production Soars FHA in Small Income Class

Over half the families who built or bought homes last year under the permanent program of the Federal Housing Administration had annual incomes of less than $3,500, it is reported by an article on "Family Incomes of Small-Home Buyers" in the Second Quarter 1947 issue of the Insured Mortgage Portfolio, official FHA publication.

The analysis is confined to families financing single-family owner-occupied homes under Section 203, Title II, National Housing Act. ft shows that 54.4/o of the families financing new homes under Section 203 and.58.0% of those financing existing homes had in,comes of less than $3,500.

The average income of families financing new homes under Section 203 last year was $3,619.

Other new-home averages under this section lor 1946 were: F{FIA valuation $6,545; mortgage principal $5,553 or $84.8% of valuation; monthly payment $46.06 (including payments to principal, interest, mortgage and hazard insurance, taxes, and other fixed charges); monthly housing expense, including estimated maintenance, $63.04.

Influence of the rising national income, the article states, is'qlearly shorvn by comparing the percentages of incomes amounting to less than $3,500 for the past several years. The number of new-home purchasers under Section 203 rvith incomes of less than $3,500 was 84.L/o in 194O, 83.6% in 1942, and 54.4/o in 1946. The number of existing-home purchasers with incomes of less than $3,500 was 76.2/o in 1940, 71.9% in 1942, and 58.0/o in 1946.

Washington, D.C., August l.-Zoomins hardwood flooring production in the first six months cif. 1947 has considerably eased the supply situation for this vital home building material, the National Lumber Manufacturers Association reported today.

Preliminary reports to the Association's National Trade Barometer place first-half output of oak flooring at 266,281,000 feet, a jump of 140 per cent over the first half of. 1946. Maple flooring output totaled 26,475,n0 feet-an increase of 50 percent.

The heavy increases reflect addition of new capacity and record output from existing plants, the NLMA said.

Despite this soaring production and ever-increasing plant capacity, continuing high demand keeps hardwood-flooring in the "scarce" category. With housing starts at a 2Fyear high and indications of a high level of commercial construction, it is probable that demand for flooring vi'ill exceed supply for the remainder of the year.

However, the industry predicts it will maintain, if not exceed, its present accelerated rate of production in an effort to keep pace with demand.

Meanwhile, over-all production of lumber is substantially higher than the 1946 figure, and is in plentiful supply in most grades and sizes.

rinnOwooD PlYwooD is q speciolty with us. For 30 yeors we hove fcqtured "lhe best in plywood." llore and moro uses have been dlscovered for this versolile moferlal. You will ftnd rhe greolest seleciion of woods for ony purpose ln our gtockrooms.

FORMICA In oll of lts potlerns qnd in oll of its colors is now ovqilable-in cny quontlty. A new four poge Formlco color chort is ovqiloble on request to help you choose cnd specify more cqrefully. Would you like one?

Simpson lnsuloting Board ls another of our in-rtock spcclohies. ORDER SfrllPSON with confidence when speclficolions coll for excellent Insulqlion.

I. E. MANflN Mcncgiug Editor

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