Random Editorial Ramblings

(Continued from Page 6)

The lumber business and the building industry have had a slow year this year, nationally speaking. And there was never a time when the situation was so thoroughly simple to diagnose. Neither the mind of a sage nor the discernment of a psychic is needed to explain it. The blanlety blank stock market is the one and only answer. With the whole nation from the office boys to the corporation heads and including all the ranges between indulging themselves in the simple little game of trying to guess what some stock will do next, how caq there be money or time for extensive building? The auto industry is doing well because the fellow who makes a stake this week generally buys a new car. He hasn't time to build a house. But most other industries are on "the Fritz".

If you want to see business good in this country pray for a roadway out of this gambling era th?t has come upon

HOMER MARIS CALLED EAST BY FATHEIR'S ILLNESS

Homer Maris, head of the H. B. Maris Panel Co., San Francisco, was called East by the sudden illnesf of his !{her, D. J. Maris, of Indianapolis, Ind., on September Zl. Mr. Maris tried to get space on the air mail plane leaving Oakland that evenirig or next morning but was unable to d6 so _owing to previous reservations, ind unfortunately his father, who was operated on the next morning died i few hours after the operation.

Mr. D. J. Maris was the owner of the Indianapolis Sawed Veneer Co. of Indianapolis, specializing in the manufacture of sawed veneers and burls, and was very well known throughout the East and'Middle West.

JAMES P. WHELAN VrSrrS CALIFORNTA

James P. Whelan, of Phoenix, Ariz., was,a recent visitor to California.

Mr. Whelan is Arizona representative of The Pacific Lumber Company, and of the Santa Fe Lumber Company, and when in San Francisco visited the home offices of these concerns, and also spent a few days at The Pacific Lumber Company's operations at Scotia.

us. Until it ends there is going to be hell and no hot pitch in this country. :F**

Speaking of the great and usually underestimateci value of "cash discount", the National A.ssociation of Credit Men has compiled a table that illustrates graphlcally how big this little item grows to be when taken over the course of a year. Here it is: lVo l0 days, net 30 days, equals lSVo pq annutn.

4o LO days, net 30 days, equals 36/s'per annuul

4o t0 days, riet 60 days, equals l4/s per annum.

4o 30 day, net 60 days, equals 24!s per annum.

9'o l0 days, net 30 days, equals 54/s per annum.

For instance, ?/s 10 days, net 30 days, means the buyer is allowed 10 days, so when he takes 30 days he pays at the rate of 4o f.ot 2O days use of his money. There are eighteen 20-day periods in the year, so twice 18 is 36/6. It sure runs into money.

L. W. MACDONALD TO SPEND T\^/O MONTHS TN HONOLULU

L. W. MacDonald of MacDonald & Harrington, San Francisco, sailed on Friday, August.30, for Honolulu on the Dollar Steamship Line steamer President Jefferson.

ML. MacDonald, who is accompanied by Mrs. MacDonald and their children, expects to be away about two months, the trip being taken mainly on account of his health, which has not been satisfactory for some time.

Walter Medill Back On Job

Walter P. Medill, sales manager of McKay & Co., Redwood manufacturers. San Francisco. returned to his desk recently after an absence of six weeks, due to an attack of pneumonia. Mr. Medill attended the last meeting of the San Francisco lloo Hoo Club, where he received many congratulations on his complete recovery.

Buys Livermore Yard

Herbert Berry, formerly of the Bay City Lumber Co., Oakland, has purchased the yard of the H. Arendt Co., Livermore.