MARIS PLYWOOD CORPORATION

Reports Loan Volume for October News Flashes

Chicago, December 7.-For the seccnd time this year, in October the loans granted by savings, building and loan associations for construction of new houses represented the largest disbursement made for any purpose. The United States Savings and Loan League reports $41,610,000 of the October total loan volume of $114,400,000 channeled into the financing of new homes. This was 36.37 pet cent of it, the largest proportion of their loan volume so used in any month in the past ten years.

The October loan volume maintained the substantial margin over the same month of 1939 which has been characteristic of the entire year, representing an increase ol 22.6 per cent over last October. A seasonal increase of 2.3 per cent over September of this year was also achieved. This was the seventh successive month in which the savings and loan disbursement exceeded $100,000,000 and the fifth in 1940 to exceed $110,000,000.

Appointed Salcs Manager

Eric M. Hexberg has been appointed sales manager of Anglo California Lumber Co., Los Angeles, succeeding W. P. "White Pine" Johnson.

Mr. Hexberg has been with Anglo California Lumber Co. since this concern started four and a half years ago' first as yard foreman and later as salesman. He was formerly with Globe Lumber Co., Los Angeles.

Lee Lumber Company, Oatman, Ariz., is successor to the Lee-Hays Lumber Co., Inc. W. J. Lee is the owner.

Louis Jennings, Jennings Lumber Company, Safford Arizona, was a recent Los Angeles visitor.

Carl Hornibrook, sales manager, Ewauna Box Co., Klamath Falls, Ore., spent a few davs in Los Angeles the early part of the month. He took in the Notre DameU.S.C. football game on December 7.

Barlow Lumber Company, Tulare, Calif., is successor to the Lampe Lumber Company. C. A. Barlow and Oscar Lampe are the proprietors.

Max, Dave and Label Cti..t , Cti"t Brothers, Los Angeles, have returned from a trip to Chicago and other mid-west points. They drove back in a new Cadillac purchased in Detroit for Oscar Glick, president of the company.

R. C. Reynolds, Reynolds Lumber Company, El Monte, is back from a combined business and pleasure trip to Arizona.

Sterling Stofle, -sales manager, Western Hardwood Lumber Co., Los Angeles, returned recently from a business trip to the Pacific Northwest where he called on the company's mill connections.

Philip Frieder of the Reynaldo Lumber Co., Manila, manufacturers of Philippine Mahogany, was in Los Angeles recently on business.

TWO IilTIHYfORIIS TOR TIIil,IRS' GOTIVDMIilGD

At our Fresno ycnd we ccnry complete stocks ol IISG Wecthenrood lnsulcrtion Bocn& cmd IISG Red Top Insulcting Wool, Douglcs fir Cmnoos cad Clecrg, Redwood, Bed Cedcn Shiagle* Plyrrood qnd Oak Flooring. At Oaldcnd we alrciclize in DouglqE Fir Connons, Rough Clecas cmd Finish.

U. S. Lumber and Log lmpofts and Exports

Firgt Ten Months, 1940

Exports of hardwood and softwood lumber (including boards, planks, scantlings, flooring, sawed timber, sawn railroad ties and box shooks), logs and hewn railroad ties for the first ten months of 1940 (January t to October 31) totaled 916,345 M board feet as compared with 1,079,705 M feet for the first ten months of 1939, a decrease of 15 per cent, according to the Forest Products Division, Bureau of Foreign and Domestic Commerce.

Of the total 1940 amount, sawed material (including sawn railroad ties and box shooks) accounted f.or 839,U20 M board feet as compared with 954,893 M feet, a decrease of. !2 per cent. On the same basis of comparison, exports of logs and hewn timber (including hewn railroad ties) totaled 77,32s M feet as compared against L24,812M feet, a decrease of 38 per cent.

fn the following paragraphs, the amounts given cover the first ten months of. I94O. For comparative purposes the figures covering the first ten months of 1939 are in parenthesis.

Sawn softwood (excluding railroad ties and box shooks) totaled 616,512 M feet (675,949). In the sawn softwood group, Douglas fir was the most important species, totaling 334,572 M feet (354,591). Southern pine was next in importance, totaling 19L,573 M feet (234,26). Other woods exported in this group were: spruce, 31,397 M feet (16,487) ; white, ponderosa and sugar pine,27,969 M feet (36,076); redwood, 12,38 M feet (17,889) ; cedar, 4,789Mfeet (4,896); cypress, 6,003 M feet (3.167). Of these woods, spruce and cypress showed gains.

Sawn hardwoods (including flooring, and excluding railroad ties and box shooks) totaled 130,263I\I feet (Z3Z$6J\. In this group, oak totaled 54,686 M feet (13g,Z6Z); ash, 13,338 M feet (22,,907); poplar, 13,629 M feet (16,546); red and sap gum, 7,283 M feet (12,867).

Softwood log exports totaled 48,466 M feet (90,803). Hardwood log exports totaled 16,479 M feet (lg,7l3). In this log export group, Douglas fir accounted for 29,838 M feet (65,946) ; cottonwood and aspen 10,313 M feet (12,9M.); Port Orford cedar 461 M feet (2,A3D; and Eastern cedar 2,254 M feet (2,549). Log exports in other segregated species were comparatively small.

In the first ten months of. 194A, hewn railroad ties totaled

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MODENN.DEI,T'TIFT'LOECONOMIC|,L

Philwall

wholesale

Hardwoods Softwoods including Douglas Fir Redwood Commons and Clears

E. '. STANTON & SON

since 1892 LOS ANGETES

Complete Philvall mldinq. vilhout set up chlrge

Solid Philippine Mchogcmy Wcrll Pcmelling

A Sensational New Product That Sells on Siqht CADITAIIADER.GIBSII}I Cll.,

It t[ys to ilsure luture buiaes by eeebg thct eyery stucco job you build conlorns to the bighest stcndcr&. Lecdiag contrqctors qgree orl these ainple atepel Bs sute lhs rlructuro is tigid qnd well-Iraned. Insigt on c aood bcse. See that prolective detcrilr cre properly de:igraed, aad that rointorcenent is conpletely cnbedded in tbe aortcr. Use ody rtucco nade with

POBILAND CEMENT or WAfEnPROOF PORTLAND CEMENI lor dl codtFmix€d, cpplied od ercd cccordirg to cpproved netho&.

P0RTIA]{D GEtEltT tssocttltoll Depr. I l2b-2i1, 816 W. Fitth St. Loa Ingeles, CaIiI. A natldal orculzatim lo lmtmya rnd cxtand tia r3ra ol GorcmtG... thrcufi slcntlio mmt sd cEeh6rlnc llctd uork.

There is c noticeable increcse in spcrciouaneaa, chcrrm and livcrbitity in the small homes ol todqy.

The most prccticcl crcngrement ol the interior ol this home, toge_ther *ith th9 modern trectmeirt of windows which furnishes ecch room with crn abundcrnce oI frestr air crnd sunlight, crnd the smcrrt detcrils worked into the exterior, mcke it worthy of your crttention.

This is only one ol the mqny crttrqctive homes seleded from the "Distinctive Modern Homes" book issued by ihe E. lvt Dernier Senrice Bureau, 3443 Fourth Ave' nue, Ios Angeles, Cclilornicr, whose ftlcnuring senrice is under the direct supervision ol Wm. E Chcrdwick, Registered Structurcrl Engineer.

Ten Ycars Ago Today

From December 15,1930 lssue

J. H. Baxter & 333 Montgomery fornia Street.

Co, moved their San Francisco office to Street. They were formerly at 485 Cali-

"A United Woodworking Industry," an address made by C. H. White, vice-president and general manager of White Brothers, San Francisco, at the annual convention of the Millwork Institute of California appeared in this issue.

Chester llogue, West Coast Lu,mbermen's Association, Seattle, spent a few days in Los Angeles and San Francisco following his return from a trip to South America.

George Adams, Noah Adams Lumber Company, Walnut Creek, was a Southern California visitor and also took in the Notre Datne-U. S. C. football game.

Salinas Lumber fice building.

Companl', Salinas, remodeled their of-

Tom A. McCann l{oo-Hoo Club, McCloud, Calif., held their annual ladies' night on December 1. Follovi'i,ng the dinner, the group attended a theatre party.

"Problems of the West Coast Lumber Industry,,' by W. B. Greeley, secretary-manager of the West Coast Lumbermen's Association, Seattle, an address made at the Western Division meeting of the Unit,ed States Chamber of Commerce at Portland, Ore., appeared in this number.

Coos Bay Lumber interesting booklet on fortnation contained in dent H. W. Bunker.

Company issued an attractive and the company's operations. The inthe booklet was compiled by Presi-

A. C. Horner, San Francisco, u'as the low gross winner and Larue Woodson, the low net winner, at the golf tournament held at the Oak Knoll Country Club, Oakland, sponsored by East Ba1' 11oo-*too Club. Ray B. Cox, president of the club, presided at the dinner in the evening.

Particularly adapted to multiple unit projeca.