CEDAR

ly more than $2.5 million in products from over 50 companies, making commissions only on completed sales.

"The vast majority of products we list are firsrquality, even factory warrantied goods," said ceo John Sanford. "For one reason or another, however, they can't be sold through regular channels."

The U.S. excess building material industry is said to be over $l billion.

Crown Pacific Not For Sale

Crown Pacific Partners L.P.. Portland, Or., said the company is no longer up for sale due to current weak lumber market conditions.

"In the current marketplace, with depressed lumber prices, an outright sale would not reflect what we believe is the inherent value of our assets or serve the best interest of our unitholders," said ceo Peter Stott.

He said the board authorized the exploration of further options, including possibly converting the firm to a real estate investment trust and selling selected assets.

"Current market conditions may give us an opportunity to pursue acquisitions," Stott added.

Several days after Stott's announcement, the company agreed to sell subsidiary Yellowstone Trucking to B.l. Holdings, Inc., Missoula, Mt., including its property and terminal in Coeur d'Alene, td.

As part of the transaction, all 112 Yellowstone employees have been offered employment through the new operation. which will continue to conduct business as Yellowstone Trucking at the same location.

Crown Pacific announced in March that it would explore alternatives to increase unitholder value with its advisor, UBS Warburg (.see April, p. 4s).

Do it Best Taps New Carrier

Do it Best Corp. has named Tacoma, Wa. -based Interstate Distributor as its new dedicated carrier out of the co-op's Waco, Tx., retail service center.

Interstate Distributor, which has handled routes for Do it Best out of its Woodburn, Or., RSC since 1991, succeeds former carrier Ryder Logistics.

The switch is effective Sept. 17.

Enjoyed Tidbits On Nitwits

After 9-ll2 years of retirement, I continue to enjoy keeping posted through your magazine.

Your July editorial, "Glamorous Nitwits," was absolutely outstanding, one of the best I've seen on this complex issue. Might I suggest you forward it to The New York Times, Washington Post, Los Angeles Times and others of significance?

Gordon J. King King Resources

15715 NW St. Andrews Dr. Portland, Or.97229