NEWS BRITTS

W'ard and Harrington Lumber Co's. new 7 acre headquarters in Fullerton, Calif., will stock gourmet grocery items a 7Vo increase to 826.9 billion in contract ualue ol residential building in 1970 is predicted by F. W. Dodge; eyen a predicted 1.7 million year will ldl lar slwrt oI needs

Weyerhaeuser Co. reports a profit oI $96.4 million in the lst 9 months of 1969, a 20/o iurnp over 1968 . Boise Cascade had, a 24/o earning increase in the lst 9 months of 1969, total take: $68.27 mil'lion . U. S. Gypsum pl'ans a $I00 million complex in British Columbia

Savings and loan organizations in So. Calif. report the worst deposit dip since the 1930's; $275 million decline makes it tough for mortgage seekers . . . Although national retail sales droppeil 4/o during one week in October they are still ahead of1968...

International Paper Co. co-sponsored Apolb 12 space coverage on CBS Budget Director Robert Mayo estimates housing storts will total between 1.4 and 1.5 million this year Armstrong Cork Co. will increase prices on most lines of asphalt, vinyl-asbestos and vinyl floor tile effeetive January l, 1970. .

Lumber Productso Portland, Ore., warehouse and ofrce was d,estroyed, in a 5 alarm fire; rebuild,ing is already underway . a new Delaney Door Store is located at 3ll E. Live Oak, Arcadia, Calif. . . . Bagdad Copper Corp., Phoenix, Ariz., ocquired Braham Industries, Orange, Calif., manufacturers of plastic valves

Pacific Lumber Co. will acquire Victor F4uipment Co. stock valued at about $25 million . . . Homar, lnc., opened its Van' couver, Wash. outlet . San Diego, Calif., based Handyman opened a new hom,e cen' ,er in So. E. Portland, Ore.

More than $24 million will be inuested, in a ner,v plywood mill, particleboard plant and log merchandiser by W'eyerhaeuser Co. at its Klamath Falls, Ore., plansite Pres. Nixon's task force on lumber predicted an acute timber shortage in the next five years, with higher prices and a shift n substitute materi.al^s .

Wisconsin-California Forest Products moved to larger quarters ar 225 Locust St.n Redding, Calif. .,. . a Lakeport, Calif., lumber firm is appealing its denial ol a use permit at its new Highway 29 site the corporate narne will now be used by all Mouldings, Inc., distribution centers . '

Two fires set at Sunset Builders Supply, Coeur d' Alene, Idaho, were set by a 19 year old, girl a joint HUD and Federal National Mortgage fusn. plan will provide $650 million for lower income family housirg . . . the American Institute of Timber Construction will moue its headqtnrters to Denver, Colo., from Washington, D. C.

The Defense Supply Agenqr, responsihle for buying lumber products for the Armed Forces, has consolidated its lumber procurement at Portland Ealon Yale & Towne expect record 1969 capital spending in excess of. $60 rnihlian, forecasts the same for '70 ...Troy Lumber Co., Moscow, Ida. ho, has completed their nifty showroom remodeling job.

South Bay Redwood Co., Hawthorne, Calif.o completed the o'underground" and blacktopping of their 22 acre site in Orange, Calif.. . Hayward Lumber, Salinas, Calif., Capitol Lumber Co.o Sacramento, Calif., and Santa Cruz Lumber, Santa Cruz, Calif., have all built new laciJities .

Westem Lurnber & Bullding flloteriols MERCHANT

American Forest Products Corp. has de clared a 3/o stoek dividend; also is proposing to acquire Mod,ern Materials Corp., Detroit, Mich., in a $4.65 million exchange of stock; Modern Materials produces aluminum siding, other aluminum building products

The Western Building Material Assn. has chosen a site in Evergreen Parlq Olympia, Wash., for its new headquarters building . Kamloops Pulp & Paper Co. purclwsed Blue River Sawmills, Ltd. .

President Nixon appointed a task force on l,ow income housing; members include Robert V. Hansberger, chairman of the board, Boise Cascade . . The American Plywood Assn. has dedicated their new research center in Tacoma St. Regis Paper Co. pla;ns to close its Tacoma, Wash., plant

The NFPA reports that the August lumber production rate d,eclined' I0.5/o below the July rate and 2.9/o below last year's August rate . Kaiser Aluminum joined Aetna Life & Casualty Co. to form a land co. worth $160 million with 1,000s of California acres being developed . .

Potlatch Forests, San Francisco, were approoeil a listing on the New York Stock Exchange Hambro Forest Products, Crescent City, Calif., and Southwest Forest Industries, Phoenix, Ariz., joined, the National Particleboard fusn. Sierra Pacific Industries, Arcata, Calif., boasts a 36/o inoease in the lst 9 months of 1969; sales total about $29.7 million

Natipnal Assn. ol Home BuiJd,ers is stepping up its attack on outmoded and re strictive building codes Pan Lumber's proposed retail yard in Lake Oswego, Ore., is still being hung up by the county commissioners Boise Cascade paid more than $2 million in state taxes last year in Washington; a year ago, B-C's investment in Washington in property, plants, equipment, timberlands. etc. totaleil about $51 million.