Kimherlq,Clark

U.S. Newsprint and Forest Products Business Group Western Reqion

ANDERSON, CALIFORNIA 96007

PHONE: (LUMBER SALES MANAGER) (916) 36s-7661

P.O. BOX 697

RHINOHIDE SALES pHONE: (9i 6) 246-4888

MOULDING & MILLWORK . PHONE: (9i6) 365-2910

PONDEROSA PINE SUGAR PINE WHITI F]F . DOUGLAS FIR. INCENSE CEDAR. MOULDINGS. JAMBS. DOOR

FRAMES . CUT STOCK PFOVIDED SOLID AND FINGER JOINTED. NATURAL, MILL-PRIMED, VINYL OVERLAY

MARENISCO, MICHIGAN . pHONE: (906) 787-2233

HARD N4API-E. SOFT N/APLE. BiRCH. SOFT GBAY ELM

BASSWOOD ASH BEECH NORTHERN HEN,lLOCK

NORTHEBN WHITE PINE DRY KILNS. PLANING MILL AND DIMENSION CUT STOCK.

GOODWATER, ALABAMA . pHONE: (2Os) 839-6368

PIEDI\4ONT PINE. SoUTHERN yELLOW ptNE

Publisher Emeritus A. D. Bell, Jr.

Editor-Publisher DavidCutler

Contributine Editor Dwight Curran

Contributin! Editor Gage McKinney

Advertising Production Mgr. Ms. D. Hamil

Art Director Martha EmerY

Staff Artist Terry Wilson

Circulation Marsha KelleY

The Merchant Magazine is published monthlv ut 4500 tampus Dr., suite 4?6. Newoort Beach. Ca. 92660, Phone (?14) 549-E393 or (714) 549-E394 h1

The Merchant Magazine, lnc. Secondclass nostage rute.s paid dt Newport Beach. Ca..-und addiiional offices Advertising rates upon request.

ADVERTISING OFFICES

NORTHERN CALIFORNIA & PACIFIC NORTHWEST 4500 Camrrus Dr., suite 476, Newport Beach. Ca. 92660. Phone (714\ 5498393.

SOUTHERN CALIFORNIA

Carl Vann. 1385 Westwood Blvd.. Los Anqcles, Ca. 90024. Phone (213) 177-7597 or (7 l4) 549-8393.

Subscriptions

Change of AddressSend suhscriPtron -orders itnd :tddress chnnges to Circulrrtion Dent.. The Merchent Maqazine. 4500'Camnus Dr., suite 4761 Newnort Beach. Ca.92660. lnclude address label from recerit issue if possible, plus new address and zip cooe.

Subscription RatesU.S.. Canada. Mexico and Latin America: $5-one leur: $E-two years: $l l-three years. Ovcrscus: $7-one year: $l l-two years. Single copies $1.00. Back copies $1.50 u hJn available.

The Merchant Maqazine serves the mcmbcrs of the: Aiizona Lumber & Buildcrs Supply Assn., Phoenix; Lumber Merchahtls Assn. of Northern Calilbrnia. Los Altos; Montana Buildine Matcrial Dealers Assn.. Helena: Mo'untain Stutes Lumber Dealers Assn.. Salt Lake CitY and Denver: lumber Assn. of Sirurhern Cali[ornia. Los Angeles: Western Building Mrtcrirl Assn.. OlymPia. Wa.

THE MERCHANT MAGAZINE i.s on indenendenl nn.qa:ine lbr the retail, vhdesalc and di.strihution levels ol the lunther and huildinq materials and honte intnnnenrcnl indu.strr in the l3 Western .stt)rc.s, t'tn(entratin.g on nterchondising, nutne{enrcnl antl atatrale, lactual nexs rc pori ing and in I erPretat ion.

iIANUFACTURERS

Wlndow and Door Framos oetallod Millwork

Wardrobss

Fiberglass Mlssion Tll€

Flberglass Brlck

Fib€rglass Slons Panels

DISTRIBUTORS

D€cra Mold

Slab Doors

Folding Ooors

Termits Control & P€sticides

Cox Hardware

Lito-Boams

K-Lux and Emco

Famowood and Epoxybond

Waddsll and Fara wood Mouldlngs

\r\rrrJr-rg R.. -*-*lv*g | ^t^

l::l tauntain Lur..ber C*!!!*ang r*: 109t)1 of,flce Bull<ling

6:18 S, liofrFer .&,vanue :)ardney. cclifornla ,.,oe Anqeles, CeliforfiLe 990{X. Atten: F"rnk Padcr

:]**r Praik: lrith all of tndayts $r('b:.ees involving lastertal"$ an6 lr8rk* manqhirr se reel verv fortunate to have had a snnnlier, euch ils-lno!:r*elf , to take a *peclal interGst in ous build1.ng. Se '+:il all benefit from a rnost beautiful iob.

It i.* !,riih a qxe&t deal of olea3ure 6nd tporeciatl"$n that I u"tt{r thl-* letter t{, you regardlng ths 1x6 cerdar sidinq v*u fcxnislued f$r tha *bovs referenced offlce building.

\lI nersons eoncerned ulth the proJ@ct have voicsd their a$ar*leent st the b*autLful stock whlch ie nc}| h*lng apptlad to the bulldlng.

'thank vou aoriq for your Lnlolvenant and @opcratlon g'ith all concerned i*cll,dlng Ray Gutierrer of C(}lu?{erelel Lmib€r Coapanv Fho direeted us tl} you"

Sjngsssl'r, ct]-aQ-GU'-*.

:{illir N. ganas Af&

',iErFlhh

@! giil&r*lal f,uxber eorbany

Some green for the home

THE United States Senate is currently being I urged to approve legislation that would require private and public pension funds to invest part of their assets in residential mortgages- The purpose, of course, would be to create a more stable flow of financing for home buyers, smoothing out the tremendous peaks and valleys in the supply and cost of money for mortgages. It is, as we understand it, an excellent idea. But whether the members of the Senate can perceive it as a stabilizing force in one of America's most basic industries, or whether it will fall victim to yet another round of selfish Senate politics, only time will tell. Election years seldom produce sensible consideration of much of anything.

For decades, housing, along with lumber, building materials and other suppliers to housing, have clung on through a number of roller coaster ups and downs as the varying supply of mortgage money caused boom after bust after boom. The proposed legislation, by Sen. Robert Dole (D-Kansas), would increase the amount of money available for investment in mortgages so that for the first time there would be something approaching an adequate supply.

Essentially, his amendment would remove the tax exemption for pension funds which do not invest at least an additional two per cent of their assets each year in mortgages until twenty percent of their funds are so invested. By thus offering a new source of funds to an industry that has traditionally been dependent on thrift institutions it could make a real contribution to eliminating the housing industry as a hostage to the here-todaygone-tomorrow shifts in savings inflows to the thrift institutions.

In urging favorable consideration as part of the Senate tax bill, a home builders spokesman put it well when he said: "If the home building industry is to continue to maintain the U.S' as the best housed nation on earth, a reliable, steady source of mortgage financing must be foundl one that is not subject to the whims of interest rates and competition from other investment sources. We believe that source is private and public pension funds."

\ JInd in those days, behold, there came -l- through the gates of the city, a salesman from afar off, and it came t9 pass, as the day went by, he sold plenty. They that were the grouches smiled on him and gave him the hand that is glad. The tightwads opened their purses to him.

And in that city were they that were the order takers, and they that spent their days in adding to the alibi sheet. Mightily were they astonished. They said one to another: ,,What the Hell; how doth he get away with it?" And it came to pass that many were gathered in the back office, and a soothsayer came among them. And he was one wise guy. And they spoke and questioned him saying, ,,Hortr is it [hat this stranger accomplisheth the impossible?"

Whereupon the soothsayer made answer: "He of whom you speak is one hustler. He ariseth very early in the morning and goeth forth full of pep. He complaineth not, neithe" doth he knock. He is arrayed in purple and fine linen, while ye go forth with face unshaven and pants not pressed."

"While ye gather here and say one to the other,'Verily. This is a terrible day to work,'he is already abroad. And when the eleventh hour cometh, he needeth no alibis. He saith not to the mass, 'Behold, they that are in this town are a bunch of boneheads.'Nor doth he report that they cannot be sold.

"He knoweth his line and they that would stave him off, they gave him orders. Men say unto him, 'Nay, Nay'when he cometh in, yet when he goeth forth he hath their names on lhe line that is dotted.

"He taketh with him two angels- Aspiratinn and Perspiration He knoweth whereof he speaketh and he worketh to beat Hell. Verily, I sag unto Aou, go and, dn likewise.,, Amnyro.

DIRECT MILL SPECIALISTS: Redwood . . cedar pine

Doug Fir . . . Hem-Fir

LocAL INVENTORY: Redwood . cedar Redwood rimber . . Fence Materials