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Exclusively for California . .
l{ow, over 5,00,000 feet of dimension lumber and studs monthly manufactured especially for Southern California construction needs.
Art tleth would appreciate an opportunity t0 tell you how you and your customers will benelit from using dependable D & R dime$ion and studs.
You can reach him by calling 872-1280 or 783.0544.
Distributors Oprimistic for '71
It looks like a good year for most of the nation's wholesale building material distributors, according to a midyear survey by the National Building Material distributors Association.
Robert D. Peterson, president of NBMDA, points out that average sales for the year are expected to be l9/a higher than 1970, with a'corresponding increase in profits over last year by 25/o. "Over 40/o of our members participated in the survey," Peterson says, "and, 9l/a of these are optimistic about the results for 1971."
In a comparison with the first six months of 1971, over half anticipated a sales increase in the last six months of around l4o/o, 4nd a climb in profits of. 20/o.
Bonqnzo: New Nqme, Stores
Bonanza Home Centers, which operates a group home improvement stores in northern California, changing its name to Angels Do-It.Yourself Centers, John Canali of the San Jose headquarters reports.
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The company, a unit of Daylin, Inc., is expanding this month with a nerv 55,560 sq. ft. store in Fresno and another in Visalia, bringing the number of northern California outlets to six, including Mountain View and Sunnyvale.
The name is being changed to conform with Daylin's other centers, which operate under the name Angels in southern California. The operation also includes two Handy Dan stores in Texas and Thrift Builders in Ari. zona, which will change their names to Angels, too.
Builders Wont Rofe Help
The nation's home builders have asked Congress for emergency legislation to help hold the line on mortgage interest rates and support the Administration's efiorts to maintain a 7r,to rate on the FHA.VA programs.
John A. Stastny, president of the 54.,000 member National Association of Home Builders. urged passage of legislation that would lift for one year the Governmept National Mortgage Association $22,000 statutory ceiling for mortgage purchases.
In addition, he called for a permanent increase in the GNMA purchase ceiling to $26,000 (plus $2500 for units with four or more bedrooms) and to give the Secretary of HUD discretionary authority to raise the new by as much as $4,500 in high cost areas.
