Galifornia Wholesale

A Division of Coastal Lumben Company presents rrlllothing But The Besttt in Appalachian,

Northern, and Southern Hardwoods

Sycamore Basswood

Tupelo Gherry

Hackberny Hickory

Gottonwood Herd I Soft Maple

Also lmported Hardwoods Gum and Oak veneers and Oak Plywood cut-to-size Shipments by Direct Carload, Direct from our own Hardwood Mills

Truck & r.Sil" fnom our Los Angeles DisFibution Yard

Our office is located at: 999 N. Sepulveda Blvd., Suite 314 El Segundo, Ca. 90245 . [213] 640-2548 fl Un STATE legislative activiries retTquire much more attention than has been given in the past year.

Each of you is aware of the many initiatives. ballot measures and candidates. Each of you should be aware of the attempts by the legislators to sock-it-to business in an attempt to recover a decrease in state revenues created by Proposition 13.

M EN DEN HALL executive vice president

The legislators, after three years, still cannot understand that the taxpayers told them to reduce the state budset. Their reduction came primarily in those areas where there would be fast and retaliatory impact on the voters. As an example: San Jose requires fire inspections of businesses. You get one whether you ask for it or not.

Usually a couple of fire fighters drive up in a large ladder pumper truck costing several hundred thousand dollars and inspect your electrical circuits, fire extinguishers, etc., as part of their duty while not actively fighting fires. Now, however, a bill for $30 is mailed to the business for two persons and a large pumper truck spending l5 minutes making an inspection.

This is only one of many schemes being devised to keep money flowing to the government horn of plenty so they can conduct business as usual.

Suppose the various governments were forced to exist under the same business codes as the rest of us. If they did not have the income they would be required to close.

On the other hand, suppose we have our state legislators pass a bill to permit us to operate in the same fashion as the government. We can operate anyway we want, fancy, plain, wasteful, etc., and when business gets bad and income drops we will have the authority to send a billing to every person in our marketing area for their fair share of our operating expenses.

It may be better to join the government method of operation than the continual battle to get them to change.

At our convention....

Directors elected include Tom Lampe, Lampe Lumber Co., Tulare, District 5; Chal Cross, Truckee Tahoe Lumber Co., Truckee; Brian Bock, Dixon Hardware & Lumber, Dixon, District 7; David McCulloch, Yosemite Builders Supply, Merced; Bill Blair, Blair Lumber Co., Stockton, District 6; Kay McCann, M & S Building Supply, Monterey, District 2. Elmer Rau, Rau Building Materials, Madera, is insurance trust advisor and Embree Cross, Truckee Tahoe Lumber Co., Truckee; Pat Williams,Southern Lumber Co., San Jose; Gary Long, Long's Building Supply, Fresno, and Don Johnson, Johnson Lumber Co., Kingsburg, insurance trustees.

Wickes to Close 80 Units

Approximately 80 lumber and home improvement centers and home supply stores, about a fourth of their stores located in the United States, are due to be sold or closed by the Wickes Cos.

Filing a delayed l0-K annual report for fiscal 1982 with the Securities and Exchange Commission, the company disclosed that they pf an to make cuts among the2T2fullline Wickes Lumber Centers and five smaller Wickes Home Supply Stores operated by Wickes Lumber division in 38 states. Selective closures reportedly are planned for the 100 Howard's mass merchandising units in the South.

Builders Emporium, based in Irvine, Ca., and the Sequoia Supply lumber and building materials wholesaling division, with 40 sales distribution centers in 24 states, are expected to ride out the storm.

The commission, according to the l0-K report, has requested information regarding violation of securities laws by the former Wickes management during the period prior to April l. Investigation is being made in 12 areas. In addition. five class actions suits were filed on behalf of the shareholders between April I and June 4 alleging that investors were misled with false or incomplete information about the company's financial condition.

Wood Residue Energy

Large energy consuming companies in the lumber and wood products industry last year supplied 73 9o of their total energy requirements using bark, wood residues from manufacturing and forest operations and other self-generated fuel sources.