for EYE APPEAT rhemdora

Cotuibination Door

Combinotion Sosh ond Screen Door

In response lo overwhelming demond, EMSCO Plywood ofters o truly new ond odvonced mul.', tiple feofure combinolion door... modern ond efficient in every respect.

o Meeting rhe high stondords demqnded by rhe construclion indusfry, fhe Rivierq Flush

CombinotionDoorisorefreshinginnovotionfor the modern home. Offered in Douglos Fir, Philip- pine Mohogony ond Nqturol Finish Birch, fhese

Riviero Combinofion Doors will blend beouti-

The personnel of the company was enlarged \\-ith accent on vouth. Besides the salesmen and Flou'ard Pou.ell, there are Manual Borges, accountant, 1\[rs. Barbara Babcock. bookkeeper, Mrs. Lea Dickerman, secretarv and bookkeeper. rvith Bill Hansen and Anthony Enos in the s-arehouse.

Mortgage Advance Plan

The National Retail Lumber Dealers Association has urged the members of its Federated Associations to take full advantage of the Mortgage Advance (Open-End Mortgage) I'lan for helping customers finance l-rome repair and modernization jobs at a lon' monthly outlal'.

In a pamphlet recently issued. NRLDA points out that the Mortgage Advance Plan has gained nerr. importance follou'ing the offer of several title companies to insure titles at a moderate cost and rvith little delal' u-hen advances are made. Previousll'. the high cost of ol>taining title insurance follou'ing an advance had made the plan too expensive to use in many cases.

Under the plan, home modernization jobs can be financed by increasing the unpaid principal amount of an existing mortgage, provided the holder of the mortgage is s'illing to make the advance.

Since the cost of the job then can be paid for or.er the remaining life of the mortgage at the rate of interest specified in the mortgage, the monthlv payment often is considerably lou'er than can be arranged otheru'ise.

The retail lumber dealer will benefit from the use of this plan because the customer u'ill be more likelv to go ahead v,'ith a sizeable modernization job s'hen he finds the monthly pavments are to be so moderate.

The purpose of the folder is to give the indir-idual dealer the inforn.ration needed to go to his local lending institution to find out u'hether they are u,illing to make nrortgage advances to horne o\\rners rvhose mortgages the;" hold.

NRI.DA estimates that the volume of home modernization and repair rvork could be.doubled if everyone concerned lgas familiar r.vith the plan.

Deliveries are made to all parts of the East Bay. Peninsula and San Francisco u'ith promptness and dispatch. Tu'o planes are ahval's standing bv. one in Oakland and the other in Los Angeles. read_v for I\Ir. Patrick or Emscok NIr. Smith. The aviation age seems to have set the pace of Emsco Ply*'ood.

Employee Training Program

The I-umber Me'chants Association of Northern Caliiornia l ill hold an emplovee training program, beginning next ]Iarch, covering fir'e da-vs and including estimating, financing and credits. It s'ill be held at the Whitcomb Hotel, San Franci;co. trfarch 9 and running through March 13. The announcement is being made bv Jack F. Pomerov, executive vice president of the -\ssociation. Don \\tilson is in charge of directing the strrd_v.

The studr-.nts rvll hear a thorough discussion in blueprint reading. preoaring estimates and making lumber lists from blueprints. A da1- l-ill be devoted to F.H.A. home construction financing. the n'rechanics of processing loans. credit and collecti.rn s_vstems. and the operation of the State Lien Lal's. The number of students rvill be limited to 3O.

One of the instructors rvill be Keith Davidson of the Tvnan Lumber Cor:-,panr- of Salinas. His discussions rrill be on mill ri'ork estimating.

Northern Calilonria Retcilers Will Hold Annucl Convention April lSl4

The Lumber llerchants Association of Northern California will hold its 1953 convention April 13 and 14 at the Ahs'anhee Hotel. Yosemite. It is estimated that there u-ill be 300 guests from the Northern end of the state.

Among the speakers rvill be Ed Gavin, editor oi the American Builder. Chicago; H. R. (Cotton) Northup, executive vice president National Retail Lumber Dealers Association of Washington. D. C. and Goodrvin Knight. Lieutenant Gorernor ot California.

Permissive Service Charge

FHA Adrninistraior Walter L. Green has sent a letter to all approved mortgagees, advising them of the granting of administrative permission to make a service charge of one half of one pcr cent on outstanding balances for all Title I, Section 8 loans. Following is the amendment to the administrative rules covering this permission.

Subsection B of Section III of said Adrninistrative Rulcs is hereby amended to read as follorvs:

"8. (a) The morrgage may require the rnortgagor to pav to the mortgagee an annual service chilrge at such rrie as rnav be agreed upon between the mortgagee and thc mortgagor. but in no case shall such service charge exceed one half of (,ne per centum per annum. Any such service charge shall be payable in monthlv installments on the principal then outstanding.

"(b) Ali monthlv payments to be made by the mortgagor to the mortgagee as hereinabove provided, in subsections 4 to 8 inclu;ive. shall be added logethcr and thc aggregate amounr thereof shall be paid by the mortgagor each month in a single payment. The mortgagee shall apply the same to th': follorving items in the order set forth:

(l) premium charges under the contract of insurdnce;

(2.1 ground retrts, taxes, special assessments, and firc and other hazard insurance premiums;

(3) service charge. if any;

(4) interest on the mortgage: and

(5) amortizaiic.n of the principal of the mortgage.

"Any deficienc.,- in the amount of anv such aggregate monthly pavment s,hall, unless made good by the mortgagor, prior to, or on, the due date of ihe next such pa1-ment. constitute an event of default under the mortgage.,, Issued at \1'ashington, D. C. January 5, 1953.

Forest Service Personnel Transfers

San Francisco, January 15, Igs3-Regional Forester Clare Hendee announced today a series of Forest Service personnel transfers involving Jack J. IIcNutt, Supen'isor of the Sequoia National Forest; Eldon E. Ball, Supervisor of the Inyo National Forest; and Wilfred S. Davis, Regional Stafi Officer, Division of Recreation and I-ands, of the Rocky trIountain Region.

IIr. Hendee points out that periodic transfers of iorest officers n'ithin or between regions are in accordance with the polic-v in career services of rnaking varied assignments to broaden the emplovee's knowledge and experience.

Jack J. \IcNutt, Supervisor of the Sequoia, is transferring to the Rocky \Iountain Region, Denver, Colorado, to 6ll a staff position in Recreation and Lands, nou' held by Wilfred S. Davis.