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MaclDonald It Harringtonr Ltd.
16 Galltornla Streetr San Franclcco
Petroleum Bldg. Pittock Block
Tcn Years Ago Today
From December 15, 1931 lssue
Details of a plan whereby individuals and firms in the lumber industry of the East Bay district were invited to participate in the distribution of 500 kegs of staple gro- 'ceries to worthy families in need at Christmas time were iannounced at a meeting of East Bay Hoo-Hoo Club No. 39.
"The Lumber Trade in California and Some Suggestions," ,by H. G. Larrick, Solano Beach retail lumbermen, appeared in this issue.
A career sketch of A. C. "Tack" Horner. National Lumber iManufacturers' Association, San Frarrcisco, was in this number.
Frank H. Ransom, formerly vice-president and treasurer of the Eastern & Western Lumber Co., Portland, Ore., was named president of the firm, succeeding W. B. Ayer, who resigned. Manager K. H. Koehler was appointed vice-president and manager, and Charles B. Dufiy was appointed secretary-treasurer.
A large crowd attended the dedication of the new Manzanita bridge on the Alto highway, two miles south of Mill Valley, Calif. The structure is 2000 feet long and contains more than 2,000,000 feet of Redwood lumberi
Markets Broaden for FHA Insured Home Mortgages
The number of financial institutions originating FHAinsured home mortg'ages continued to increase during the first three-quarters of. L941, while the number of institutions holding such mortgages in their portfolios increased at an even faster rate, federal housing administrator Abner H. Ferguson announced recently.
Thus, both prirnary and secondary markets for insured home mortgages are broadening further, Mr. Ferguson said, as they have done consistently every year since the FHA was established.
As of last September 30, lending institutions financing mortgages accepted by the FHA for insurance numbered 8027, a gain of 242 over the 7785 originating institutions as of last December 31.
Big Crowd at Lumbermen's Hi-Jinks
Over 400 attended the Lumbermen's Hi-Jinks at the Royal Palms Hotel, Los Angeles, Friday evening, December 5. These parties are a regular home-coming for the lumbermen, and everybody has a fine time. Lumbermen from all sections of Southern California were in attendance. The entertainment which featured singing, dancing and vaudeville acts was enjoyed by the large turnout. The party was sponsored by Lumbermen's Post, No. 403, of the American Legion.