President Hoover Discusses With Wilson Compton Economic Problems of National Resource Industries

Washington, Oct. 23.-President Hoover today discussed with Wilson Compton, Secretary and Manager of the National Lumber Manufacturers' Association, the economic conditions of the basic or natural resource industries, including the forest products industries. The discussion, having to do primarily with the prospective appointment by the President of a National Timber Conservation Board, was informal.

Mr. Compton suggested that the President, who has had to consider the problems of many of the natural resource products industries individually, might find it opportune to give consideration to the common problems of these groups

CARL HORNIBROOK VISITS LOS' ANGELES

Carl Hornibrook, Ewauna Box Co., Klamath Falls, Oregon, was a recent Los Angeles visitor, where he spent a few days calling on the trade. He had just completed a business trip through the East, and following his Los Angeles visit, left for Klamath Falls.

C. vtI. PINKERTON RETURNS FROM EASTERN TRIP

C. W. Pinkerton, Whittier Lumber Co., Whittier, has returned from Chicago, where he attended the annual convention of the National Retail Lumber Association. On his way East, he traveled over the southern route via New Orleans, and returned by way of Denver and Salt Lake City. Mr. Pinkerton was elected a director of the association. representing the California district for a three-year term.

with a view to formulating a long-visioned national gram looking toward their economic stabilization.

Pro-

Following his conference with the President, Mr. Compton pointed out that many of these industries have found themselves u'orking on only a slender margin of profit in flush times and at a loss in periods of depression. In addition to the problem of physical conservation which Roose velt tackled a quarter of a century ago there is additional need nou' of an economic conservation program that will permit such industries to operate profitably and without rvaste and to make secure their sources of employment upon which in all these natural resource industries fifteen million people depend for their livelihood.

FRANK O'CONNOR SPENDS FEW DAYS IN LOS ANGELES

Frank O'Connor, Donovan Lumber Co-, San Francisco, spent a few days in Los Angeles recentty at the company's Los Angeles office, rvhere he conferred with Max Landram, who is in charge of their Southern California operations.

NE\v YARD AT SAN CLEUENTE

A new retail lumber yard operating under the name of the San Clemente Lumber Co., Ltd., has been opened at San Clemente. J. W. Barry is manager of the nerv yard.

A. R. GRAHAM ENTERS INSURANCE BUSINESS

A. R. "Andy" Graham, for many years ass(rciated with the Western Retail Lumbermen's Association at Spokane, 'Wash., is now making his home in Los Angeles and is connected with the Aetna Insurance Co. He is making his headquarters at l7D North Vermont avenue.