L. W. ilocDonold Co. Wlnlenla -eun/tei

@44 S/4rppra+

Reprcsenting

Beor Rivcr Lumber Co., South fork, Colif. Douglas Fir and Redwood Dry

Ponderosa Pine

444 N. Bedford Drive, Room 2OlBeverly Hills, Colifornio Telephones: BRqdshqw 2-5101CRestview 6-2414

Reody Hung Door Founder Visirs Southlond

Fld L. Guerrant, presiclent of the Readv Hung Door NIills Corporation, parent c()nrpany of 1,1 Ready Hung I)ocir mills throughout the United States and Canada, \\'as a recent Southern California visitor. N{r. Guerrant \\.as on his way to the company's headrluarters in Fort \\rorth, Texas, after supervising the installation of nerv procluction equipment at Acme Mill \\iorks, Inc., Kirkland, \\Iashington, the neu'est Ready Hung licensee.

Mr. Guerrant was enthusiastic about the prospects for the mills on the Pacific Coast. Already, the Burbank mill is leading the nation and the production and distribution of packaged door units. An.rong those attending a dinner for Mr. Guerrant r.vere B. K. Brouu'er, president of the Burbank company and C. B. Ramssy, sales manag.er. A reception and lunch r,vas held at Oakmont Countrv Club iust prior to Mr. Guerrzrnts departure.

Ownership of Homes Up

The Department of Commerce said tonigl-rt that 57 per cent of all occupied dlellings are now ou'ned by their occupants.

It was pointed out that this is rvell above the preu.ar high of 50 per cent reached in the late '20s.

Of the owner-occupiecl houses, soiren,hat ntore than half are free of mortgage deltt, altout the same prcll>ortion as before the war. The departnrent estimatecl tlrat ntortgages on one-to-four family du'ellings currently amount to about $65,000,000,000, compared l,ith $5.3,200,00C.000 rL year aso, and $18,500,000,0OC just before and after \\'orlcl \V:Lr II.