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GALEN DAH]

Aprit

National Assn. of llome Builders Construction and Management Seminar-April 6-9, Hyatt House, Tacoma,/Seattle, Wash.

Woodwork Institute of California-April 9-11, 19th annual convention, Erawan Garden Hotel, Palm Desert, Calif.

Montana Building Material l)ealere Association, Inc.-April 9-11' annual convention, Mammoth Motor Inn, Mammoth Hot Springs, Yellowstone National Park, Wyo.

Humboldt Hoo-Hoo Club 63-April 10, annual concat and celebrity night, place to be announced.

to more ond more Coliforniq deqlers qnd distributors. For yeor oround supplies of dimension lumber ond precision-trimmed studs, depend on D & R.

Old Growth Fir Dimension from F.S.P. Lumber Co., Port Orford, Oregon

Hemlock Studs from Worrenton Lumber Co., Worrenton, Oregon

Hemlock Dimension from Westport Lumber Co.. Westport, Oregon

Sacramento lfoo-Hoo Club 109-April 10, golf tourney, Sierra View Country Club.

Hoo-Hoo-Ette Club l-April 13, meeting, La Villa Basque, Vernon, Calif.

Hoo-Hoo-Dtte Club l0-April 16, annual theater party, Westchester Playhouse, Los Angeles.

Nation^al-American Wholesale Lumber Assn.-April 15, Los Angeles area distribution yard group, American Forest Products, Tarter, Webster & Johnson div., Cerritos, Calif., offices.

NAHB/FIIA Seminar-April 16, Hilton Hotel, San Francisco, Calif.

Northwest Hardwood Assn.-April 16-17, meeting, Bayshore Inn, Vaneouver, B. C.

'West Coast Lumber Inspection BureauApril 16-17, general membership meeting, Bowman's Mt. Hood Golf Resort, Wemme, Ore.

College of Forest Resources of the University of WashingtonApril 17-May 1, short course in finite elements, Seattle, Wash.

Dubs, Ltd.-April 17, meeting, Meadow Club, Fairfax, Calif.

Los Angeles Hoo-Hoo Club 2-April 24, joint meeting, Los Coyotes Country Club.

Oakland Hoo-Hoo Club 39-April 24, father & son's nite, Oakland "A's" vs Minnesota Twins.

Hoo-Hoo-Ette Club l-April 25, bake sale, place to be announced.

Lumber Merchants Association of Northern California-April 2528, annual convention, Del Monte Hyatt House, Monterey.

NAHB/FHA Seminar-April 30, Denver Hilton, Denver, Colo.

May

Oakland Hoo-Hoo 39-May, 39th annual reveille, place and date to be announced.

Lumber Assn. of Southern California-May 1, meeting, Ojai Valley fnn and Country Club, Ojai, Calif.

Humboldt Hoo-Hoo-May 1, celebrities night and crab feed, Elks CIub, Eureka, Calif.

Now, over 5,000,000 feet of dimension lumber and studs monthly manufactured especially for Southern California construction needs.

Art Neth would appreciate an opportunity to tell you how you and your customers will benefit from using dependable D & R dimension and studs. You can reach him by calling 872-1280 or 783-0544.

Ifoo-Hoo International-.May 1-2, board of directors meeting, Eureka, Calif.

Rogue Yalley Hoo-Hoo 94-May 2, Grants Pass Golf Tourney.

Redwood Region Conservation Council-May 3-6, annual junior logging conference, Mendocino Woodlands, Fort Bragg, Calif.

University of Washington-May 4-8, short course on quality control and acceptance sampling in the wood products industry, Seattle. Wash.

Arizona Retail Lumber & Builders Supply Assn.-May 7-9, annual convention, Pioneer International Hotel, Tucson, Ariz.

Forest Products Research Society-May 7-8, Pacific Northwest section spring meeting, Eugene Hotel, Eugene, Ore.

Rogue Yalley Hoo-Hoo 94-May 8, Mt. House meeting.

Iloo-Hoo-Ette Club l-May 11, meeting, The Sportsman, Montebello, Calif.

Sacramento IIoo-Hoo Club 109-llay 19, sports nite, Gondolier, Sacramento, Calif.

Dubs, Ltd.-May 22, golf at Alameda Golf Club; dinner at Leamington Hotel, Oakland, Calif.

Los Angeles Hoo-Hoo Club 2-May 22, old. timers" nite, Montebello Country Club, Montebello, Calif

JUiNE

Pacific Coast Builders Conference-June 3-5, Fairmont Hotel, San Francisco, Calif.

NAHB Land Design and Engineering Seminar-June 15-18, Cosmopolitan Hotel, Denver, Colo.

Dubs, Ltd.-June 19, meeting, San Jose Country Club, San Jose, Calif.

Los Angeles Hoo-Hoo CIub 2-June 26, wholesalers'nite, old Ranch Country Club.

Record Plywood Volume Seen

Despite 1970's slow start, the year will end with a record volume in ply'wood, Richard H. Shattuck, American Plywood Association, told a recent meeting of the San Francisco Hoo-Hoo Club. Shattuck was quoting APA figures which predict 1970 will end with a 15 billion plus pro' duction and sales volume of plywood.

Subjects discussed at the meeting were o'What's Going to Happen in the Building Industry Around the Bay Area in 1970" and a slide presentation on "Plywood Building Systems for Low Income and Moderate Income Housing."

Shattuck opined the Bay Area will show a slow first and second quarter with a healthy pick-up in the third and fourth quarters. Major builders are geared up and ready to go once the money is more available. The trend he foresees will be toward multi-family units; in 1960 the ratio was sixty percent single family dwellings to forty percent multi-family units; in 1970 he believes the ratio will be seventy percent multi-family to thirty percent single family units. And the swing is to prefab construction. He noted the new California state law places manufactured housing under state rather than local building codes.

Bendix Corp. Agrees to Acquire Americon Foresl

Products

Corp.

An agreement in principle for the ac' quisition of American Forest Products Corp. by The Bendix Corp. has been reached, according to A. P. Fontaine, Ben' dix chairman and chief executive officer, W. S. Johnson, American Forest Products chairman, and C. T. Gray, president of AFPC.

The transaction, already approved by the AFPC and Bendix boards, is subject to entering into a definitive agreement to be approved by the stockholders of both companies and the obtaining of a favorable tax ruling.

Based upon the recent price of Bendix stock the transaction is valued at approximately $106,000,000.

Fontaine said that American Forest Products would be operated as a whollyowned subsidiary if the acquisition is completed.

American Forest Products sales in 1969 were $166,953,888 and net earnings were $8,098,626.

Bendix fiscal 1969 net sales, royalties and other operating incorne totaled $I,467,917,000 and net earnings were $56,182,000. Bendix is a worldwide manufacturer of aerospace, aviation. automotive and industrial products.

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