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By KENT MOXEY executive vice president

f redit Management. By the seat of \- the pants...or with some sophistication? As with most functions of business, organized, highly professional assistance is available to you.

The National Association of Credit Management is a member owned, nonprofit credit service organization of commercial people designed to improve the whole field of credit management.

Following is a list of services available to their members: credit interchange reports; industry credit group meetings ; collections; adjustments; free demand collection service; automatic revision service; credit women's group; foreign credit interchange group; national association membership.

Monthly national magazines ; weekly bulletins; education; fraud prevention and investigation; legislation for credit protection; association meetings; consultive employment service.

Their credit interchange program is an especially active and valuable service.

Credit information is furnished by members doing business with those being reported on. Great effort is made to keep the reports current.

The Credit Research Foundation is an affiliate of the NACM. It provides a comprehensive list of publications on credit for those who wish to educate themselves.

I attended a whole-day seminar of the RMACM a while back; over 300 people there. Some topics covered were: credit policy (an explanation of proceedings and procedures to follow when a debtor becomes bankrupt); bad checks (collections and the law); legal aspects of construction credit. It was a tremendous education, and convinced me of the worth of the NACM.

Many lumber dealers belong to the local division of the National Association of Credit Management, and I have heard many good reports from them about it. L. A. Stookesberry of Denver and Worth Wheelwright of Ogden have served as president of their local divisions.

Western Building Material Association

By ROSS KINCAID executive director

WBMA was ably represented at the recent Conference with Congress in Washington, D.C. Past presidents C. E. Link, Stewart Orr, A. H. Parker, plus Mr. and Mrs. Walt Laursen of Boise and yours truly joined several hundred lumber and building material dealers from all parts of the country to personally express our industry's position on critical national issues.

The tax credit in the Tax Reduction Act of 1975 is made available to an individual taxpayer who acquires a new principal residence, which may be a single family structure or a unit in a condominium or cooperative housing project or a mobile home. The rate of (PLease turn to page 24 ) applies like putty-sticks like glue; dries quickly; won't shrink; takes spirit stains, and will not gum up sander. Waterproof a a'nd gum and weatherproof when properly applied. -a*4