I.AWRENGE.PHITIPS I.UMBER GO.

Wholesale furnber

FHA Resumes Receipt of Applications Under Title Vl

Resumption of receipt of applications, under Title VI of the National Housing Act, from approved lending institutions as of January 2, 1948, was announced December D by John E. McGovern, director, Southern California District, Federal Housing Administration.

"Processing has continued, without interruption, on those applications which were received in this office prior to Nov. 12, when receipt of Title VI applications was temporarily suspended, Mr. McGovern said. "However, all unprocessed applications now on hand and those received, lanaary 2, or thereafter, shall be processed and committed on a basis of selectivity and not necessarily in the order filed.

"Preference in order of processing and commitment shall be given to applications which offer the best possibilities for the production of housing at the lowest sales prices or lowest rents, and in neighborhoods showing greatest need. A substantial portion of all commitments issued will be allocated to rentals, however.

"Title VI of the National Housirrg Act was passed by Congress as a Veterans Emergency Housing Program to alleviate the housing shortage by encouraging builders to construct residential units to meet the needs of returning veterans. At the time that legislation was passed a definite limit was set by the Congress as to the dollar volume of loans which the FHA could insure. That amount was exhausted in November of this year, and on December 27, the President signed a new $250,000,000 with authority crease the authorization bv insurance. bill authorizing an increase of in the President to further in$500,000,000 for the Title VI

1947 Production oI Asphcrlt Roofing Sets AII-Time Becord lor Industry

Production of asphalt shingles and roll roofing Lar 1947 will be a record 70,000,000 squares, more than 65 percent above production in L94I, the peak prewar year, the Asphalt Roofing Industry Bureau estimates.

Department of Commerce figures show that during the first eight months of this year, the industry produced 46,005,702 squares of asphalt shingles and roll roofing, well above the total of 42,383,858 for 1941. Shipments of asphalt shingles alone in the first six months exceeded the 1941 total.

The year-end estimate f.or 1947 does not include expected production of about 10,000,000 squares of saturated felt. In observing and reporting L947 production in the asphalt roofing industry, the Department of Commerce noted that "the industry has reached a high state of proficiency."

Congrcrtulcrtions

Mr. and Mrs. L. J. Owen are receiving congratulations on the birth of a daughter, Barbara Christine, born December 28, 1947, in Oakland. Mr. Owen is manager of Nicholls Brothers, wholesale lumber dealers, El Cerrito, Calif.