NEWS BR[ EFS

George Weyerhneuser doesn't think '69's credit squeeze will be a replay of disastrous '66; he lorecasts housing slarts will exceed the I.5 million annual level by Dec. '69 and will go rulpto 1.7-1.75 in 1970 . .

Sears Roebuc& says their credit customers "couldn't care less" about the new Regulation Z Pa.cific Stud. Co., Albrquerque, has been sold to Republic Cypsum for 70,000 shares of Republic stock DiGiorgin Corp. has a n6w acquisition in the lumber industry, Las Plumas Lumber Co. in Oroville, Calif., that it got in a $3 million exchange of stock

Boise Casca.d,e plans a $3 million plywood plant for Emmett, Idaho; completion due by March, '70 the American PIywood Associatian's fi750,000 research center at Tacorna Comm,unity College is nearly complete Si,erra Pacific Industries, the result ofa recent merger of eight western lumber firms, plans a $2 rnillion ilnprouement progrant. .

Utah's lumber ind,tntry has a $2.5 million annual payroll .'. marketing consultant E. B. Weiss says "mzss retailing is heading fast for an &aerage markup ol 50%" ... a rec€nt check showed B\Vo of mobile home owners surveyed hadn't moved in5 y,ears only two major office bldgs. are on the boards for '70 in New York City; wtcertainty about lederal tax policy is blamed . . Weyerhaeuser is further diversifying from lumber; a ma.jor corpora,te grouping to attack lhe sheher marke't has been formed.

A $6 milli,on, 390 acre stand of prime redwood in northern California was donated to The Nature Conservancy by Georgia-Pacific ... 13 western governors unanimnusly endorsed, immediate enactment of the National Forest Timber Supply Act oI 1969 ... the polyurethane rool and utall systenl of a 2,800 sq. ft. shop building at Marina Del Rey, Calif., was made by Modular Concepts, Gardena, Calif.; cost per sq. ft.: $1.82

All that remained of the former West Coast Lumbermen's Assn. treasury, $119,045.13, has been given to the Western Forestry Center, Portland, to establish a permanent memorial to the lumber industry in the Douglas fir region of coastal Washington and Oregon . .. Crown Zellerbach Corp. plans to invest $7.5 million in two neu) injection mold,ing plnnts; both facilities should be operating by mid-1970 ...

Laser holography, a 2lst century 3D photography system, is being used by the Forest Service in insecticide research... Midway Lumber in Tucson, Ariz. ha.s ope.ned an opulent new yard, complete with mural, handcarved doors and the like; twice as large as the old yard Brodi.e's Shingle Co., Coquille, Ore., has been sold to Alber's Feed.

Western Lumber Co. has opened a new 20,000 sq. ft. store in El Cajon,' Harold Morgan is the mgr. the Dodge Index of contracts for new construction declined in July for the second straight month.

Hardwood lumber grading history was made when a computer correctly graded I53 hardwood boards in <10,15 seconds .. demand has forced Johns-Manville to expand production of extruded sidewall panels before year end Missoula, Mont.. is the site of a 30 acre. 108 million loot particleboard pla.nt scheduled for mid1970 by Evans Products

Varco-Pruden, Inc., Turlock, Calif., will begin making metal build,ings in their 140,000 sq. ft. (a 3-span continuous beam system, I80'x750') metal building . a 17 member task force under auspices of the U. S. Chamber of Commerce proposed setting up of a construction contractors and construction buyers organization to attac,b labor relntions and, cosrs problems ,

"Euery pssible assistance" to the victims oI Hurricane Cami.lle has been ofiered by the National Forest Products Assn. and the So. Pine Assn. . preliminary sur' veys of timber losses from the record storm are put at 200 tnillinn bl . . . Larson Mlg, Co. is the new name for the former Larson Ladder Co., which also has been known as the Larson l-adder, Box & Pallet Co. .

Richmontl Brothers Lurnber, El Sereno, Calif., recently turned forty; Pat Richmond is the gen. mgr. the Nfl. Science Founilation has recommended using space satellites to gather information about the world's timber resources .

A new Build,'N Saue has opened on the boundary of Anaheim and Buena Park; featured is a cl,oseil circuit teleoision system showing demonstrations for the D-I-Y trade . . . the Sr. Regis Lumber Co. distribution yard between Everett and Marysville, Wash., is open; the other two are in Tacoma and Issaqualq Wash.

Boise Cascade Building Co. expects to have 20 mobile hom.e communities completed or under construction by the end oL 1969 and at least 36 in 1970 the National Assn. of Home Builders president asked a senate subcommittee fior lull luniling of $100 million each for HUD's interest rate subsidy programs for ownership and rental housing ... a National Building Material Distributors Assn. sur' vey indicates largest dollar rtolunte sales increase by western wholesale distributors in first 6 months is I8/o in Calif.; low' est is LOTo in the Northwest '