NEWS

CHUCK LINK executive director

THE 77rh annual conventionhuildI ing products showcase will be held at the Portland, Or.. Marriott Hotel. Nov. 15-18. Reservations for exhibit space are now being accepted, material for those memben and suests attending other meetings will Eb mailed soon.

Frauds abound. According to Federal Agents, the number one stam right now is the altering of currency. Those passed most are $1 bills altered in the corners to resemble twenties.

Ones are also turning up with corners for lOs and lfi)s. Agents advise those handling cash to examine the face on the front of the bills and reverse all bills before placing them in cash drawers to read the written number on the back.

If you are considering changing your consumer credit rates and terms, you must give your customers a 30-

(Continued from previous page) where he attended school. He maiored in marketing at Idaho State University and received a BBA degree. He joined Anderson Lumber Co. in 1978 at its Pocatello facility and has been involved in management training and credit management duties. He and his wife. Janna. are residents of Pocatello.

The Idaho Timber Corp., exclusive sales agents for three saw mills in southern Idaho manufacturing Ponderosa pine and Douglas fir, has day notice, according to Federal Reserve Board regulation.

The notice shall (l) clearly set forth the new terms, the corresponding existing terms, and the effective date of the change; (2) appear on a single document that contains no other information except the changed account agreement or other material di1ec$y related to the change; and (3) be in plain language.

In addition, the notice also shall clearly explain the two options available to the consumer. The options shall be presented more consDicuouslvthan the'rest of the notice by, for ex-ample, bold-face type, larger type size, or contrasting color.

Language similar to the following may be used:

WARNING: Continued use of your account on or after (effective date of change) will result in stricter terms.

You have TWO OPTIONS:

(l) You may stop making charges on your account before (effective date of change) and pay off under announced several promotions. Brad Bower is now mktg. mgr. and Mike Johnson has been promoted to purchasing mgr. and production coordinator. Both have been with the company since its inception. the existing terms described in this notice all or any part of what you owe us on that date. You may continue to use your account on or after that date, but, if you do so, the new terms will aDDly as explained in option (2) balow. OR

Roy Zuercher recently joined Idaho Timber to handle softwood sales in the Intermountain area. Roy has been in sales with the Chandler Corp. for the past eight years. Larry Williams, pres. of Idaho Timber, was previously employed with Chandler Corp. where he was in charge of the wood products div.

(2) You may make charges on your account on or after (effective date of change), in which case the new terms described in this notice will apply to what you then owe us and to future charges.

J. M. "Mel" Bettis, past WBMA pres., has retired and sold his interest in Irrigaton Lumber Co., Caldwell, Id. He had been with the firm for 43 years. Charles E. "Chuck" Shafer, also a past WBMA pres., is now the major stockholder, pres. and gen. mgr. Other stockholders are Robert W. Crawford, asst. mgr.; Kent Bacon, storc mgr.; and Ed Pierce, sales mgr. Tad Scharpf and Lou Scharpf have purchased the interest of their aunt, Lois E. Reed, in the family business, Scharpf's Twin Oaks Builders Sup- ply Co., making them parhers wiih their parents, Mr. and Mrs. W. F. "Bill" Scharpf. Tad is manager of the firm's Eugene, Or., operation and Lou is working in the Albany, Or., yard. Long-time employee Dick Whir aker will continue to manage the Albany operation.

Hany S. Helliesen, Jr., president of Helliesen Lumber Co., Yakima, Wa., has been appointed to the board of directors of the Association of Washington Businesses. Marion Nussbaumer, long-time manager of Fairbanks Lumber Supply, Fairbanks, Ak., has retired and now lives in Stanwood, Wa. He served several years on the WBMA board of directors.

Volco, Inc., of Jerome, Id., has qcqulred the Boise Cascade yard at Gooding, Id. WBMA pres. Vic Camozzi, pres. of the firm, announced that the yard will be known as Volco, Inc. and its manager is Melvin Magnelli.