6 minute read

Fred C. Holmestffi*i*

"Very few suppliers provide the consistent, solid and continued support to wholesalers that Dick has through his work at Willamette Industries," observes Gordon King, president of the North American Wholesale Lumber Association.

Dck has built the kind of unwavering support for the wood Products industry that will continue far beyond his retirement from Willamette Industries. His day-today routine will definitely change, as product promotion, management responsibilities and business trips are replaced with leisurely overseas travel, skiing, golf and tending the family "farm."But Dck promises to maintain relationships with the many people he has worked with over the years.

Research Car Rental

Competition among car rental firms, especially the small intracity and intrastate operations, is keen. You can get the best deal if you check out these points.

Is there a corporate discount? This can be worthwhile.

. Can you get a special flY/drive package?

o Is there a cheaper rate for weekend or week long use?

. Are there special charges for one-way rental?

o Does the price include fuel? Dry rate means the customer buys the gas. Ask where fuel is the cheapest.

. Will the luggage space be adequate? Detail it in the reservation.

o What is the policy in case of car trouble?

. Is there primary liability coverage in case of accident?

(Continued from poge 36) he held a meeting of 500 creditors, making his points with the use of what seemed to be a hundred charts. The next month, he gave creditors' committees seven bound volumes of confidential financial data weighing 50 pounds.

The management of Wickes worked long hard hours, traveling many miles, and spending hours on the telephone to keep in touch with all aspects of the company and the reorganization. Sigoloff made heavy demands on the staff. He remembers one time when his strategy didn't work. "I gave a little speech to the corporate staff saying we expected six days work for five days pay and we lost the whole financial department."

The terms of the bankruptcy settlement confirmed by the U.S. Bankruptcy Court on Sept. 21, 1984, provide for issuing approximately $173 million face amount of extendable two-year 120/o notes, $26 million face amount of nine-year 1290 debentures, $150 million face amount of 2}-year debentures, approximately 96 million shares of common stock and 12 million common stock purchase warrants.

In January, 1984, Wickes recorded its first profit in three years, earning $24.8 million, compared with a loss of $248.7 million the previous year. In December 1984 the company paid $299 million to settle its claims. An additional $300 million had been repaid earlier.

Firms in the lumber and building materials segment are considered core companies vital to the reorganized Wickes. They include Builders Emporium, Sequoia Supply, Wickes Lumber and Wickes International which is headquartered in London with 66 home centers throughout Europe. Sales for this segment in the year ending Jan. 28, 1984, were 1.3 billion.

WOODS VS. MASONRY

(Continued from page 35) tising avoids the importance of a well insulated wall.

No mention is made of a masonry wall storing heat in summer. The stored heat moves through the wall during the night and the early morning hours, warming the interior. Even if the temperature drops to 50 degrees by midnight, there will be little drop in the inside temperature due to this heat absorption.

The Arizona State Conservation Study was a performance comparison of a wood frame structure and a masonry structure, a two year study undertaken by Arizona State University. Supported by the National Forest Products Association and The Arizona Lumber and Builders Supply

Association, the study was conducted by Dr. Alva H. Jared.

Both structures were typical 1967 construction, identical in size, glass, roof systems, door openings and location to the sun. There were two differences in the homes. The masonry structure had metal windows and a concrete slab. The wood frame structure used wood windows and a joisted floor system. The main purpose was to test energy loss or gain in the wall systems.

Based on the results of this study, which showed a 23u/o saving in a wood frame house, any home being built now or in the future should have the following energy saving features:

(l) Exterior walls - wood frame 2x4 or 2x6 stud walls insulated with a minimum of 3Yz" insulation. 5Vz" insulation if 2x6 studs are used.

(2) Ceiling - 12" insulation.

(3) Windows - all large glass areas, sliding doors, picture windows, etc. should be double glazed.

(4) Energy exterior doors.

(5) A heat pump is recommended for cooling and heating system.

(6) Weather strip exterior doors.

(7) Wood joisted floor system.

(E) Home located for the least exposure to the afternoon sun.

(9) Exterior insulated sheathing and options of stucco, wood siding or masonry veneer.

Other energy features, such as caulking, attic fans and trees, should be considered.

A conservative estimate, based on the ASU study, would be a savings of at least $200 per year on a 1,500 square foot home. With a 40 year mortgage, this would amount to a savings of $8,000.

The cost of a new home is fixed, onceyou build it,to good energy saving standards. The home can never cost more but utility costs, over which the consumer has little control, will continue to rise year after year.

The largest heat loss and gain occurs in (1) glass areas; (2) ceilings; (3) walls. Whether a home is made of wood frame or masonry block the only differential in heat loss and gain occurs in the wall system since the heat loss/gain from windows and ceilings is identical in most construction.

Both wood and masonry products are enjoying a housing boom in Arizona. There is no doubt that wood frame construction can save up to 3090 in utility costs over masonry construction due to the heat loss and gain through the walls. adopted a new logo, a stylized acorn. . .Elkay Manufacturing Co. was presented with the International Customer Service Association's award of excellence.

Wood and masonry can be compatible. A wood frame home with masonry veneer is one example of wood and masonry working together. The industries should work together. Each will receive its share of the business.

As I have said to many of my association colleagues, "you may control the market with wood frame by 8090, but tomorrow it could drop to 6090. Be alert, and continuously remind the consumer Of wOod construction energy savings. It is your responsibility. Many association members worked hard to put the wood industry in the dominant position it enjoys in Arizona today. Never let it slip away, it is a long road back."

Youngb Forecasts has moved its office to Solana Beach, Ca., from Portland. . .Denver & Rio Grande Rai Iroad is now owned bv Anschutz Corp., Denver, Co. . . .a new intermodal container transfer facilitv is being built by the Ports of Loi Angeles and Long Beach, Ca., to be operated by Southern Pacific Transportation. .

Application of the EPA restrictions on dealer sales of paint-on wood preservatives to consumers has been delayed by challenges from preservative mfrs. and other groups; sales of pressure treated lumber will not be affected bv the proposed ban. . fuWolfe Lumber Co., Quartz Hill (Palmdale), Ca., is rebuilding an existing bldg.

Bamba Lumber, National City, Ca., is offering $200 reward for information leading to recovery of lumber and a pickup stolen from their yard in Dec.i it still had not been recovered at press time. .

G&R Lumber Co., Cloverdale, Ca., has opened a new sales office in Oklahoma City, Ok., manned by Norm Rollins. .

When sending in a change of address please include zip code on both old and new addrisses and either the old label or the inlbrmation from it. Thanks!

News Briefs

(Continued from page 18) since 1979.. .new home starts for Dec. were at a seasonally adjusted annual rate of 1,587,000 units, up from 1,554,m0 in Nov. .single family starts rose 5.450/ot multis slid 490. . .nationally, bldg. permits fell O.2o/0.

Excel kitchen cabinet mfr. is celebrating its 30th anniversary

.The Oak Flooring Institutehu

WAR HERO NO LESS?

Your editorial in the Dec. 1984 issue on page six erroneously reported that one Virginia Hanlon had asked about the veracity of Santa Claus.

To set the record straight: Virginia was, in fact, looking for a head shop to buy a Xmas present for her boyfriend, Hiram Walker (Hi for short), who was an avowed alcoholic. Virginia was hoping to convert Hi to pot smoking, thereby saving his liver from certain destruction. However, since pot was virtually unknown at that time, head shops were very hard to find, and Virginia had to seek a higher (sic) authority (the erstwhile editor of the N.Y. Sun) who obviously was so high at the time, he actually believed there was a Santa Claus!

You-aTe correct, however, in asserting the actual existence of Freddy Fungus

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