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Wholesolers of Wesf Coost Lumber Products

Gcncral Office

New Directory Of Western Pine Membership

A new directory of membership dated January 4, 1948 has just been issued by the Western Pine Association. This directory which supersedes the one of July 15,1947, contains more than 20 firms who were not listed in the previous issue. In addition to the new listings there have been changes in daily capacities, species manufactured, lumber and allied items produced from the Western Pines and associated woods.

1948

The directory is a list of firms manulacturing the Western Pines and associated species. It gives the address of each general sales office, 8-hour mill capacity, percentage of each species manufactured, lumber items produced and other items which are further refined before being shipped to consuming areas.

A free copy of the directory may be had by writing to the \Mestern Pine Association, Yeon Building, Portland 4, Oregon.

Tccomq Lumbermen's Club Elects Ollicers

Norman Jacobson, St. Paul & Tacoma Lumber Co., has been elected president of the Tacoma Lumbermen's Club. Wayne James, Karlen-Davis Company, lvas elected vice president, and William Garrett, St. Paul & Tacoma Lumber Co., is the new secretarv.

New Wholescrle Lumber Compcny

Formation of the Pinkerton-Young Lumber Company, a new wholesale lumber firm in Portland, Oregon, by three veteran Northrvest lumbermen was recently announced.

Officers include Harry S. Pinkerton, president; George Young, vice president, and Harvey Evans, treasurer. Don H. Pinkerton, son of the president and a three-year Navy veteran, is secretary.

Temporary offices will be in the Terminal Sales Building, Portland, pending completion of the firm's permanent quarters in the new Equitable Building.

NAHB Convention Februcrry 23-26

The National Association of Home Builders will hold its annual convention and Housing Exposition, February 23-26, 1948, at the Stevens Hotel, Chicago. The display of building materials and equipment will be shown in tr.vo Exposition Halls, at the Stevens and Congress Hotels.

C.E. lrving Elected President Of Lumberm€nrs Service Bureau

The first annual meeting of The Lumbermen's Service Bureau, since its reorganization last April, was held at The San Diego Club in San Diego on January 13.

Harry C. McGahe)', president, presided over the session which was attended by thirty-seven owners and managers representing the building material industry in San Diego County.

Mr. McGahey, M. M. Gartner, vice president, and C. E. Roberts, treasurer, presented their annual reports to the membership, as did the chairmen of the various coinmittees. In addition, Syd Smith, Mearl L. Baker and Ed R. Tweed were elected to the board of directors to replace retiring George V. Johnson, M. M. Gartner, and Rex Hall.

On January 20, the directors met and the following officers were elected for the 1948 term: C. E. Irving, president, Glen M. Miner, vice president, and Mearl L. Baker, treasurer, o GREY PRlilER GOATED

At that time President Irving outlined a program of public relations and public education to better acquaint San Diegans with the building supply situation. The membership approved this program, and Glen M. Miner was appointed to serve ds chairman of the Public Relations Committee. Other committeemen appointed were Wm. S. Cowling, F. F. Evenson, Robert M. Griffin and Robert W. Reid.

In pointing out the need for an aggressive public relations program, President frving said, .,fn the past few years numerous conflicting reports and bits of misinforma_ tion have been received by the general public regarding the building supply situation in San Diego. The assump-tion is that housing problems of the nation as a whole ap- ply to San Diego. This is a mistake. Housing conditions and practices which exist elsewhere do not necessarilv prevail here in San Diego."

We have these double goroge doors in stock now, rccdy for immedlote shlpment. The single goroge door, size 8 x 7, ig algo ovoiloble.

$41/e Million Involved In Large Plywood Deal

Augusta, Ga., Jan. l7-Owen R. Cheatham, president of Geoqgia Hardwood Lumber Company, today announced that the company has purchased stock control of the Washington Veneer Co. from Weyerhaeuser Timber Co.

Washington Veneer Company owns two plywood mills located at Olympia, Wash., and a 60/o interest in the Springfield Plywood Corp., which operates a plywood mill at Springfield, Oregon. Coupled with the Bellingham Plywood Corp., Bellingham, Wash., controlled by Georgia. Hardwood, the four plants have a combined production of approximately 250,000,000 feet of plywood annually.

Capital requirements of $4,500,000 were arranged privately enabling Georgia Hardwood to make payment to Weyerhaeuser on a cash basis and to augment its own working capital incidental to enlarged plywood distribution activitiei. The new financing involved a long term loan of $2,500,000 from a group headed by Bank of America and including The Citizens & Southern National Bank.

The financing also includes the sale of $2,000,000 convertible preferred stock and 15.000 shares of common. Part of the prelerred and common stock was acquired by Transamerica Corporation and others for investment, and the remainder was purchased by investment bankers rvith the intention of ofiering it for public distribution after registration with the Securities and Exchange Commission.

Liggett Lumber Compcrny Sold

The Liggett Lumber Company, owned and operated in Santa Ana since l92I by Del Liggett, has been sold and the business has been taken over by the new owners. The new corporation lvill be known as the Orange County Lumber Company.

The officers, who are the new o\'vners, are: Lou Adolphson, president; Phil Norton, vice president; Les Pearson, secretary; George Preble, treasurer, and Bill Francis, assistant secretary. All have been long associated with the lumber business in Santa Ana. Management of the business will be under the direction of N{r' Adolphson, and all of the officers will be active in operating the yard.

Mr. Liggett, the former owner, rvill retire from the lumber and builders' supply business, and engage more largely in real estate and building.

Attends Fcther's Funercrl why did you

J. A. (Jack) Brush, Brush Industrial Lumber Co., Los Angeles, traveled to Washington Boro, Pennsylvania, at the end of the year to attend the funeral of his father, George G. Brush, who passed away December 29 at the age of 84. Fie 'ivas one of the real old timers, the last of three generations of lumbermen. His grandfather started making lumber in 1810.

A. C. Pascoe, Los Angeles, hardrvood sarvmill representative, returned to Southern California January 24 ftom a trip to Oregon, Washington, and Western Canada cities.

224-226 Farmers & Merchants Bank Bldg. 32O PrNE AVE., LONG BEACH 12, CALIF. Phone LB 7-89rE

Erik Flaner W; E. (Ernie) Moss

Weyerhaeuser Sales Co. Reducer Prices On House-Building ltems

St. Paul, Minn., January 15-The following announcement was made today by F. K. Weyerhaeuser, president, Weyerhaeuser Sales Company:

"We wish to do our part in reducing the cost of building and in checking the inflationary trends now threatening our national welfare.

"Due to the great demand for lumber arising from the wartime depletion of stocks and the postwar boom in home construction, lumber prices have risen sharply, but in about the same proportion as the prices of farm products.

"While the cost of lumber used in the average small house totals only about 20/o of. the cost of all materials and labor used, nevertheless the price of lumber affects total building costs.

"Since OPA controls were removed we have followed a very conservative policy in the pricing of our products right down to the present moment.

"In spite of our present price position we have determined to make price reductions on house-building items of Douglas fir, western hemlock, and coast red cedar lumber shipped from onr affiliated sawmills and going to the retail lumber trade. We will maintain these prices on such shipments for the next sixty days and longer if we believe conditions warrant.

"These reductions will average l0/o of the f.o.b. mill value. They will appear in our price quotations to retail customers and will also apply to orders now on file for these customers and shipped after this date."

How Lumber Lookr

(Continued from page 2) production of reporting mills was 11.9 per shipments were 10.3 per cent below, and new 9.9 per cent below