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The newest fruit of our labors, from Willamette.

Cherry-tone Hem-Fir always has been a popular product with do. it-yourselfers. And now, we offer a unique new product to this growing market: kiln-dried cherry-tone he.m-fir studs. At very competitive pncesl

Plus, these studs are precision end-trimmed in convenient D.l.Y. lengths up to 8 feet to meet your marketins needs.

We invite you to enjoy the fruit of our labors. Call us with your order for cherry.rone hem-fir studs, todayl

Relax, You've got Willamette Willamette Industries, lnc Lumber and Plywood Sales Division PO. Box 907, Albany, OR 97321 503-926-7771

Evans Products Execs Resign

Five executives and a director of Evans Products Co., Portland, Or., have resigned, prior to the approaching move of the company in April to Miami, Fl.

Donald Desimini, executive vice president, finance and operations; L. L. Wygal, executive vice president and chief financial officer, and Richard E. Kent, vice president, secretary and general counsel, resigned saying they were not able effectively to discharge their duties under Victor Posner, chairman of the ailing building products and transportation leasing company.

These resignations, effective in May and June, were followed by the resignation of Gerald A. Parsons, vice president, corporate relations. Jerry F. Colson, vice president and controller, has moved his planned departure up one month to May 31. Paul E. Bragdon, president of Reed College, Portland, and a member of the Evans board since 1973, resigned effective Feb. 2, 1984. Samuel J. Robinson, former Publishers Paper Co. chairman, also has resigned from the board.

The resignations reportedly were brought about by the bringing of several members of the Posner family into the company. Posner last month took the additional post of c.e.o. His son, Steven Posner, is vice chairman; his brother, Bernard Posner, director, and his daughter, Tracy Posner, a recent college graduate, fills the newly created job of vice president, assistant secretary and assistant treasurer.

The bringing of inexperienced family members into the firm at high salaries reportedly annoyed long time Evans employees.

Computer System Briefing

A briefing session on the National Housewares Manufacturers Association (NHMA) program to adopt the Eagle computerized purchase order transmission system was held March 14 in Los Angeles, Ca.

The system will be available to exhibitors at the April NHMA International Housewares Exposition.

Developed by the American Hardware Manufacturers Association, the system enables manufacturers and their customers to pass and acknowledge orders and related data through a computer.

"The Eagle program has grown over the past year," said Ronald Fippinger, managtng director of the NHMA, "with an increased number of housewares and hardware manufacturers, wholesalers and retailers becoming part of this cost effective, straight forward system of streamlining orders."

L-P Forms Venture Subsidiary

Louisiana-Pacific Corp., Portland, Or., has formed a new subsidiary, Louisiana-Pacific Ventures Corp., which will join venture capitalist Jacques B. Nichols in a partnership, First Source Capital Fund Ltd., to invest in start-up high-tech companies.

"We're looking forward to being a key participant in technological advances as they occur," said Harry Merlo, chairman and president of L-P. The company reportedly is venturing into the investment opportunities directly or indirectly related to the lumber business, including computerized industrial machinery, systems controls and laser technology.

Evadna Lynn, a Merrill Lynch vice president who analyzes forest products companies, says "It's a way to put their cash to work creatively. It will use a very small portion of the company's cash, and it keeps them abreast of technological developments related to the industry."

The company, according to Lynn, will receive a cash windfall approaching $ZSO million in the next year or so. They expect to realize a net gain of $65 million from the reported sale of their stake in National Gypsum Corp. In addition the company has $190 million in receivables due from the federal government for seizure of 27,W acres of Louisiana-Pacific land for the Redwood National Park in California.

It Doesn't Add Up

More do-it-yourself finishing of new homes along with innovative financing may be the solution to the problem of only one family in three being financially able to buy a new home today.

To buy a median priced new home at $82,000, a family needs an income of $31,765 for the 30 year, fixed-rate mortgage with a 590 down payment, but the median familyincome todayis only $23,430, according to U.S. News & World Report.

Versatile Pacific Redwoodinterior Paneling

Here is a new interior paneling that exhibits the integrity of solid redwood at a reasonable price One-half inch, tongue-and-groove Pacific Redwood Paneling is manufactured from the best architectural quality grades of California redwood. This distinctive paneling is ideal for new construction and remodeling of residential and commerctal structures.

Add these advantages to the natural beauty of redwood.

o Stable. Certified Kiln Dried Pacific Redwood Paneling lays flat, stays straight and maintains tight joints for exceptional interior performance o Affordabfe. This full1/2"-Ihick Dattern orovides classic redwood warmth and beauty at a reasonable cost. (Other widths and thicknesses available.) r Versatile. Pacific Redwood Paneling is available in several knot-free orades. lt is saw-textured on one side, smooth surfaced on the other with a vee groove on the smooth side. This paneling can be applied horizontally, vertically or diagonally to interior walls or ceilings. r Easy to Apply. Redwood's light weight makes it easy to handle. Tongue-and-groove patterns can be blind nailed or glued. o Finishes Well. Pacific Redwood Paneling readrly takes and holds finishes for lasting beauty