Exclusively for California . . GALENDAR

August

Wood Products Assn. of Ilawaii-August 4, directors meeting, Honolulu, Hawaii.

Iloo-Hoo-Ette Club 6-August 5, annual summer "beer bust", Schlitz Brewery, San Fernando Valley. Contact Mary Williams, Blanchard Lumber.

Redwooil Region Conservation Council-August 8'9, tree farrn seminar, Brooktrails, \Millits, Calif.

National Forest Products Assn.-August 12-14, technical advisory committee meeting, Monterey, Calif.

to more ond more Coliforniq deqlers qnd distributors. For yeor qround 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

Fast, regular ocean shipments by barge from Southern Oregon and the Columbia River direct to Southern California.

Now, over 5,000,000 feet ol 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-'1.280 or 783-0544.

A. W. N ETH, Lumber Sales Southern Galifornia Representative for

Lumber Assn. of Southern California-August 21, third quarterly membership meeting, Huntington-Sheraton, Pasadena, Calif.

Los Angeles Hoo-Hoo Club 2-Auguat 22, meeting, 'California Country Club, Whittier, Calif.

September

Wood Products Assn. of l{awaii-September 8, board of dinectors meeting, Honolulu, Hawaii.

W'estern Wood Producte Assn.-Septernber 9-12, semi-annual meeting, Portland Hilton Hotel, Portland, Ore.

Pacific Northwest Region 12 Conferenc+September 11-13' County Fair Grounds Pavillion, Grants Pass, Ore.

Dedication of Hoo-Hoo Redwood Memorial Grove-September 13, speakers, picnic lunch at Prairie Creek State Park near Orick, Calif.

California Redwood Assn.-September 15, annual meeting of members & quarterly board meeting, Eureka, Calif.

Los Angeles IIoo-Hoo Club 2-September 19, meeting, Old Ranch Country Club, Seal Beach, Calif.

Western Red Cedar Shake Assn.-Septernber 20, annual meeting, Tyee Motor Inn, Tumwater, Wash.

Arnerican Forestry Assn-September 21-24, annual meeting, Antlers Plaza Hotel, Colorado Springs, Colo.

Red Cedar Shingle.& Handsplit Shake Bureau-September 26, annual meeting, Olympic Hotel, Seattle, Wash.

October

Wood Products Assn. of Hawaii-October 6, board of directors meeting, Honolulu, Hawaii.

Southern Oregon Timber Industries Assn.-October 9, meeting, Rogue Valley Country Club. Medford, Ore.

National Assn. of Home Builders-October 9-13. fall board and builders meeting, Convention Center, San Diego, Calif.

Society of American Foresters-October 11-15, annual meeting, Hotel Sahara, Las Vegas, Nev.

North West Timber Assn.October 17, quarterly membership meeting, Eugene, Ore.

Architectural W'oodwork Institute-October 22-24, 17th annual convention. St. Francis Hotel. San Francisco.

Northwest Hardwood Assn.-October 23-24, annual meeting, Portland Hilton Hotel, Portland, Ore.

Alaska Loggers Assn.-October 24-26, fall meeting, Elks Lodge, Ketchikan. Alaska.

Tfie Key

Corporation

WHOLESALE LUMBER

I9I N o. Lilac. Box 189. Rialn, Calil. T'elephone Area Code 714 875-20fu

O [4AN undertakes a trade he has not learned, even the meanest; yet everyone thinks himself sufficiently qualified for the hardest of all trades-government.-Socrates.

Bruce Barton says: o'You can't advertise today and quit tomorrow. You're not talking to a mass meeting. You're talking to aparade.t'

"Young man," said the old lady to the junior salesman, "how do you sell your limburger cheese?"

"Sometimes," he said thoughtfully, "I o{ten wonder myself."

Immanuel Kant, one l, ,n" -u"t.,onJt"ag.d great thinkers of all times, once said:

"We are told that 'man is the noblest work of God,' but since no one ever said so excdpt man himself we should accept the statement with a grain of salt."

And then there was the absent minded contractor who bid seven spades on a street paving job. *

' ttColumbus wasn't an explorer, he was a prophet."

"What?"

'oSure! When he discovered America he exclaimed 'I see dry land'." ( lrom. Prohibitian days-Ed.)

BY JACK DIONNE

r 882-1 966

A girl writer who had been introduced to a Hollywood motion picture producer and wanted to make a good impression said, "I just adore Keats!"

The Hollywood producer replied, "Dot's fine. I'm glad to meet a lady vot lofs children "

"And now, ^y fri"r,dr]" said the "riur,, "I will address you on the subject of 'Who is the smartest man in this town,' and whylam."

"The man who gives in when he is wrong," said the great political orator, "is a wise man; but he who gives in when he is right is-"

"Married," intervened a meek voice from the crowd.

Sunday school teache.,*"*nr*uru NJ"n t"rc two of each kind of animal into the ark?

Bright child: "Because he didnt believe in that stork story."

Wife: "Do you know that stuff your drinking is slow poison ??'

Husband: "That's O.K.*I'm in no rush."

A Londoner speaks over the telephone: "Yes, this is Mr.'arrison. Cawn't yer understand? 'Arrison! Haitch, hay, two hars, a hi, a hess, a ho and a hen!"

Distributor Income lnches Up

Net income before taxes for wholesale distributors of building materials, which has always been under two percent for the past nine years, finally inched up to 2.02/o for the year 1968, according to the National Building Material Distri'butors Asso' ciation. 'oThis is still .I9Vo lower t}tan 10 years ago, and represents a minimal return for this industry," cornmented S. M. Van Kirk, NBMDA exec. rp.

According to Van Kirk, there has been a long-term trend to more t'out'of-warehouse" sales as against direct shipments. Warehouse sales in 1968 accounted Ior 76.6/o of all sales, setting a I0-year record. This is roughly a I0 percent increase over 1959 figures.

The survey reveals that disiributors have been holding the line on operating costs, with only a L.84/o increase since 1959. Expense'categories showed close to one half of one percent increase over 1967, while gross margins on sales crept up only 63/100 percent in the same period, and only 2.12 per.cent since 1959.

Inventory turn moved up slightly from 6.09 times in 1967 to 6.62 in 1968. Despite the credit crunch, the collection period for receivables remained the same as in 1967 at an average of 42 days.

Most dramatic change was in the total number of employees per establishment, which dropped from 57.I average in 1967 to 45.2 in 1968. Yet sales per employee jumped almost $10,000 in the same period.

Western Lumber t Building Mqteriols MERCHANT

Club's Summer Golf Mo,tches

Bill Oberholzer oI Pacific Home Impro'!'ement Center won the low gross golf prize at the mid-summer meeting of San Joaqirin Hoo-Hoo Club. Second place was a tie between Ken Groten, A&M Lumber and Dick Holt, Holt Lumber.

Marion Snead, North Valley Lumber Sales won low net, while Harvey Bahr nailed down second. Blind Bogey was won by Gary Johnson.

Guest' tourney winners were Wally Masten and Tom Taylor. The Sequoia Forest Industries team trophy was captured by the Pacific Forest Products team of Don Walker and Ted Mathews.