PrcKERING TUMBER CORPORATION

ftIANUFACTURER, OF ANNUAT

FOREST PRODUCTS I to MtLuoN

Ponderosa

Sugar Pine White Fir

Pine Incense Cedar

TWX: SONORA ll6-U

Phone: (Sonoro) JEfierson 2-7141 (Tuolumne) WAlnut 8-4213 the Los Angeles industrial district more than a million and one half feet of this lumber is stored in the new steel warehouse. The balance of the inventory is being dried, on sticks, in the large concentration yard. This stock includes genuine mahogany, Philippine mahogany, Japanese imports, and all domestic hardwoods, including Sugar Pine and heavy items.

"We operate a compact package," said Clyde Thompson, general manager of the firm. "It requires the services of 25 employes, 10 units of mobile equipment and five salesmen to keep things humming around here," he continued. Six of these people have been with the company since it started in 1934, 40Vo have been on the payroll for more than 15 years and everybody is given the same opportunity for advancement regardless of the starting position with the flrm, it was said. Educational opportunity in lumber courses are also offered all employes at company expense.

Jack Brush comes from a lumber family that started in the business back in 1810 in Virginia. It was just 150 years ago that his great-grandfather established the first small lumber yard, which his g'randfather and father later operated. His mother's father also became identified in the business which makes the background unanimously on the woodside.

The Brush Industrial Lumber distribution yard is located at 7653 Telegraph Road adjacent to the Santa Ana Freeway and fast delivery to all southland cities. In addition to yard stock shipments the firm offers direct delivery by either rail, or truck and trailer. "We stand behind every shipment we make, regardless of the species, and we guaranteed satisfaction of all lumber we sell-and that is something: very few lumber wholesalers can do," said president Jack Brush.

"Our delivery trucks are within minutes from most all of our customers in Los Angeles and Orange county and we set the load down on a specified time basis," said manager Clyde Thompson. Quality items-Quality service is the stock in trade of the Brush Industrial Lumber Company.

Copirol Inveslment Oufloys Revised

Businessmen have scheduled a modest decline in their capital investment programs in the first quarter of 1961, according to the regular quarterly survey conducted in late October and November by the Department of Commerce and the Securities and Exchange Commission. They have revised downward their expenditures on plant and equipment for the second half of 1960 from the estimates reported earlier last year.

Capital outlays of business are now expected to amount to a seasonally adjusted annual rate of over $3572 billion in the last quarter of 1960, and $35 billion in the flrst quarter of 1961. Actual outlays in the second and third quarters of last year were at annual rates of $367+ and $36 billion, respectively.

Plant and equipment expenditures for the year 1960 as a whole are now scheduled to total $357a billion, 7O/s above 1959. The present estimate for 1960 is about 4Vo below the amount projected in the early part of the year.

For industry as a whole, plant and equipment expenditures have been easing very slowly since the second quarter of 1960, and this trend is expected to continue into the first quarter of this year.

New Appointments by PCA

Virgil E. Owen has been named assistant general superintendent of production plants, with headquarters at the Pleasanton plant, by Pacific Cement & Aggregates. Owen was most recently district manager, East Bay territory, where Gray P. Minor replaces him.