RETATLER' wrNNrNG Doa/h 7enfun

Foresighted American retailers are out to better their bond-sellingr record with a higher bond buying average. Improve your payroll savings plan now!

Vozp"o %4t

Helps curb in{lation

Builds a larger future marketfor your goods

Inspires employees to sell more Bonds' The best salesman is sold on his product.

Terrp'o Toqr:

Through personal contact ask every employee to sign up {or regular payroll savings each week. Keep it up until you get at least 9Ole participation and LQs ol payroll applied to the purchase oI War Bonds.

Lumber Control l,-335 Revoked

All directions to Order L-335 were revoked August 21, 1945 by the War Production Board except the new Direction 7, which provides in Paragraph (b) that:

"Any lumber supplier (sawmill, concentration yard, or distributor) may detiver lumber to any person on uncertified and unrated orders, provided such lumber does not interfere lvith the filling of a certified order."

It is expected that Order L-335 will be completely revoked by September 30, 1945. In the meantime lumber resumes its normal peacetime movement except {or the one restriction giving preference to a priority rating over an unrated order.

It has been suggested to lumber dealers by their Associations that they may continue to take certificates and ratings when available from their customers in case they may need these to get lumber from their supplier. No special authorization is now required for western pine or restricted hardwoocls. No more restrictions remain on the distributors as in Direction 8, as lumber can be sold unrated as long as it does not interfere with the filling of a rated order.

Order L-41

A new direction to Order L-41 has been issued which allows industrial construction to proceed without WPB permission if construction is of or on a factory plant or other unit, where the unit is to be used for the manufacturing, processing, or assembly of any goods or materials. Restrictions have been retained on private housing, public works, and commercial construction.

It has been indicated in Washington, however, that Order L-41 will be completely eliminated by September 30, 1945.

Amendment L2 to RMPR-26

This amendment permitted increases at the mill on boards and shiplap, to be effective until Direction l-a to Order L-335 was revoked. Dealers must reduce their prices accordingly as Direction l-a was revoked August 2I,1945.

Lurnber Production

Production in all West Coast producing regions for the week ended August 18 was the lowest this year, except for the rveek ended July 7, as a result of layoffs by workers to celebrate the end of the war. Forest fires in the Northwest have hampered production in certain areas, and the fire hazard is now at its highest point. The big complaint of sawmill operators, however, is still shortage of manpower, but it is believed that many former loggers and sawmill workers now released from war industries and the armed services will soon be back on the job, and that production should begin to show an increase in the very near future' The announcement that the Army had cancelled orders for 900,000,000 feet, widely publicized on the radio and in the newspapers, gave the consuming public the idea that this big footage represented actual lumber on hand at the mills, instead of orders on their books'

CPA Dissolved Soon

The Central Procurement Agency will hold no more lumber auctions, and this organization will be dissolved at an early date.

FHA Resumes Loan Program

The Federal Housing Administration announced August 25 that it is ready to resume its prewar program for insuring mortgages on new homes. The program had been virtually suspended, except on repairs and resale homes, for lack of new building. Private banks all over the country are ready to lend the money with FHA backing.

Priority Rctings Will Be Scrcpped September 30

The whole series of priority ratings-AA-l, AA-2, AA-3 and AA-4 will be scrapped by WPB as of September 30. In their place will be a simple two band priority system. Military producefs. will get an MM rating. A junior rating called CC will be created. The CC rating will be used sparingly, WPB stated. It will be granted to a company which needs to break a serious reconversion bottleneck in materials or equipment. Othenvise non-military production will get no priority help.

Tcrx Cuts Plcrnned

Washington, Aug. 23.*A flat percentage cut in personal income taxes and reduction or elimination of excess profit levies on corporate income were reported under strong consideration today in Congress. The tax reductions would be applicable to 1946 income.