CLASSIFIED

Rrtc---t2.50 Per Column

Inch, Minimum Ad One-Half Inch.

POS,ITION WANTED

Young man with generd lumber experience-retail or wholesale. Btimator, bill and detail millwork; grade lumber; do anything around retail office; selling experience, etc. Knorrs building material business. Has had California experience. Address California Lurmbed Merdhant' Boo< C-575.

Celotex Reorganization Completed

Chicago, Ill.-Reorganization of Celotex was completed on November 6th when the business and properties of the old company were taken over by the new 'company, The Celotex Corporation.

The reorganization was consummated under the plan approved by a majority of stockholders, security holders and creditors, and confirmed by Judge John P. Nields in the Delaware United States district court. Celotex is one of the first large companies to be reorganized. under se'ction 77-8.

Directors of the new corporation are W. W. Colpitts, E. J. Costigan, B. G. Dahlberg, John G. Getz, Jr., Wallace Groves, Walter S. Mack, Jr., James W. Marshall, C' G. Muench, T. B. Munroe, W. B. Nichols, and H'enry A. Verdelin.

The executive committee is composed of Wallace Groves, chairman, W. W. Colpitts; B. G. Dahlberg; John G. Getz, Jr.; Walter S. Mack, Jr., and T. B. Munroe.

B. G. Dahlberg is president; T. B.Munroe and C. G. Muench, vice-presidents; C. G. Rhodes, secretary, and W. W. Rogerson, treasurer.

"There will be no change in the fundamental Celotex merchandising poli'cy towar'd its dealers," declares President Dahlberg. "We feel, just as we did when Celotex was founded, that our job is not finished when our products are delivered to the dealers, but only when they are sold to the ultimate consumer.

"With a readjusted capital structure and a sound financial setup, the 'company is in a position to expand its merchandise organization, its advertising, its sales promotion activities and the facilities of its plant to make the most of every advance in general business.

"Celotex sales have mounted steadily this year, refle,cting not only the rising tide of business, but also the advances in other industries where the company's products are being used more and more extensivelY.

"We are looking forward to substantial increases in residential building in 1936 over this year. With 150,000 to 300,000 new home units in prospect, there will be a big market for Celotex in new construction as well as in modetnizing."

Good Opportunty

Do you want to buy an outstanding retail lumber yard near Los Angeles? Nsrrer before offered fm sale. Shows handsome profit for the last four years. Will require about $16,000. Twohy Lumber Company, 549 Petroleum Securities Bldg., Los Angeles. Telephone PRospect 87'16.

Appointed Office Managcr---New Sales Reprcsentative

Durell LeBreton, formerly representative in the San Joaquin Valley territory for the Coos Bay Lumber Co., is now in charge of the ,company's office at 'Oakland. Howard Page, who has been connected with their Oakland office for the past few years, will represent the ,company in the San Joaquin Valley.

Harry E. Clay

Harry E. Clay, Flooring Manager of E. L. Bruce Company, Memphis, Tenn., died on November 4, 1935 after an illness of about four weeks. I{e was 47 years of age. Ironically, his death was caused by a piece of wood, the material to which he had devoted his life's work. In some manner a splinter entered his body and became lodged. This led to septus poisoning which rapidly spread and ,could not be thrown off, despite a strong' ,constitution and a valient fight for life.

Mr. Clay was preparing to leave Memphis on a trip to contact the trade in the Middle West and East when taken ill. He is survived by his wife, Mrs. Ethel Pearl Horton Clay; his mother, Mrs. S. A. Clay of Mansfield, Mo. ; and his sister, Mrs. Dan L. Wells, Springfield, Mo.

Mr. Clay was born in Marshfield, Mo. He first entered the lumber business in 1923, joining the E. L. Bruce Company at Little Rock in the capacity of Warehouse Superintendent. In l926.he was transferred to the Memphis Office of E. L. Bruce Company and shortly thereafter was made Flooring Sales Manager, which position he held at the time of his death. It was under the management of Mr. Clay that the Flooring Sales Division of that company attained sales records that have never been approached by any other concern in its field. He was a tireless association worker, and took a particularly prominent part in the activities of the National Oak Flooring Manufacturers' Association.

His pleasant disposition, his ready wit, and his unfailing ,courtesy made him loved and admired by all who knew him.