NEWS

signed primarily to encourage the construction or rehabilitation of single-family dwellings in rural areas for sale to low and moderate income families. With favorable interest rates and long repayment terms, the pro. gram ofiers housing opportunities for low-to'moderate ineome rural residents, to senior citizens, and to owners of rural building sites. The program also provides for low-interest home repair loans.

Other aspects include development o{ building sites for low-incorne hous. ing; loans for rental and cooperative housing; construction or improvement of housing for domestic farm laborers. FmHA is also charged with administering HUD's Section 235 in rural areas. With greatly increased current funding, the FmHA program ofiers dealers significant sales and profit opportunities. That dealers are interested was demonstrated by excellent attendance and attention at area meetings in Wolf Point, Glendive, Three Forks, Conrad and Polson.

Polco Soles HQ. Now in S.F.

The Pacific Lumber Co. has con' solidated its Eastern and Western sales offices into one central head' quarters in San Francisco.

The twofold purpose is to make San Francisco the sales headquarters for all domestic and foreign sales, and by having the sales office closer to their Scotia mills. to be able to serve all Palco customers more effi. ciently.

Tom Malarkey, Eastern sales mgr., assisted by Bill Stevens and Bob Smith have all moved to San Francisco. Palco's Chicago office closed July 24.

Palco's four Eastern area managers will continue in their current lo' cations in Ohio, Illinois, Georgia and Texas.

Dick Hoover, in charge of sales in southern California and Arizona is headquartered in San Marino, Cali{. Earl Tatman, Western sales mgr., assisted by Bud Robey, con' tinues in the San Francisco Office handling sales in northern Califor' nia, Hawaii, the Rocky Mountain area, the Northwest and all export except to the Caribbean.

A Plyrrood Sports Cor?

Jim Holloman, 31, a Southwest Forest lndustries exeeutive, has a lot of faith in his company's products. In fact, every time he races his sports carn he's betting that their plywood is stronger, pound for pound, than steel.

Except for engine, transmission and suspension, his "Splendid Splinter" is built entirely of exterior grade plywood sheets.

Hollomon believes he may have found a new market for dealers!

to more and more California dealers and distributors. For year around supplies of dimension lumber and prcision-trimmed studs, depend on D&R.

|lld Growth Fir Dimenslon from F.S.P. Lumber Co., Port 0rford, Oregon llemlock llemlocl