G-P supplies thewest coostwfih oll species

Weslern Lumber & Bulldlng tloferiols ,$EICFANT pleased with the excellent outturn and the speed of delivery compared with conventional shipping.

Flat rack containers will be. used for {uture shipments as much as possible, Osgood said.

Matson started intermodal freight container service between the Pacific Coast and the Far East last fall.

Angels Yq'rds Merge with Doylin

Acquisition steps are underway to merge Angels Home Improvement Centers of El Monte, Pomona, and San Bernardino, Calif., with Daylin, Inc., one of the West's fastest growing companies, according to Sidney Kline, Angels president.

The Angels Co. will continue as a division of Daylin, Inc., Kline announced, with rapid expansion planned in key cities in southern California.

Kline forsees the possibility of five new Angels do-it-yourself centers per year, during the next five years, as part of Daylin, Inc.

Daylin, Inc. recently merged the two Bonanza Home Centers into their operation. The stores are in Campbell and Sunnyvale, Calif.

Daylin, Inc. expects sales for the 1968-69 fiscal year of about $78 million.

Most of what goes into a building is lost on prisingly low additional cost. the average buyer. Try as he may he simply can't Few materials offer the practical advantages see everything there is to see. That's why it's red cedar does, either. Things like complete important to put products of recognized quality weather resistance, maintenance-free perform- where he can see them.

Red cedarshingles and shakes,with theirevocance, natural insulation, remarkably light weight. Next time insist on a product that will best ative textural patterns and' natural warm.4*os*'*e'oucxo'onreflect your good taste and dependability. earthy colors, fit the bill perfectly-addino i- Jg- u2 Pick the real thing-red cedar shingles an extra measure of desirability at u rrr] a^SWS or handsplit shakes. 'rr""rrrr,rr

Feds Loosen Money Supply

IVith the new housing starts rate in June the lowest sinc,e last December, the federal government has taken steps aimed at assuring an available supply of money for home mortgage loans. The Federal Home Loan Bank Board reduced its liquidity requirements for member savings and loan institutions to 612 percent from seven percent to release approximately $600 million for loans to home builders and prospective home buyers, efiective August l. Further decreases in the liquidity requirement, possibly to six percent, will be considered after the effects of the current level are evaluated.

PGt Stock Goes Public

The Palmer G. Lewis Company, Inc., Seatde-based building material jobber, became a public company on July 9, with the sale, under a full S.E.C. Registration, of 80,000 shares of common stock to the general public. The issue was sold early in the day at $I2 per share. PGL is traded on the Over-the-Counter market.

A substantial block of shares was made available to all company employees and it was oversubscribed. About 75/o are now shareholders.

The company operates eight branches in Alaska, Washington, Northern Idaho and Western Montana. Officers are Robert D. Peterson, president, James F. Parmley, secretary.treasurer and Palmer G. Lewis, chairman. The firm was established in 1940.

Oregon Gypsum Reseqrch Cenfer

The gypsum industry's newest major research and development center has just been completed by Georgia-Pacific Corp. at Tigard, Oregon.

The two-building complex houses research and technical operations, replacing the former research and development facilities located for many years at Paoli, Pa., near Philadelphia.

Sixteen staff technicians are headed by C. W. Lehnert, research and development manager, and John B. Moss, technical manager.

G-P Scholqrships Top $500,000

An 11 percent increase over 1967 in the number of new college and university scholarships nationwide for this year's high school graduates has been approved by the Georgia-Pacific Foundation headquartered in Portland, Ore.

This year's 53 new G-P scholarships, for which students now are being selected by local civic leaders from coast to coast where Georgia.Pacific Corp. has operations, represent an investment of $120,600.

It brings to $571,606 the total awards to date for 251 college and university students in 32 states.