EilGEtilAilil uallty SPRACE

Gl Down Poyments Guf

Washington, D.C.-The g'overnment has eased down payments for servicemen buying housing with FHA-insured mortgages. Commissioner Mason has ordered removed the additional 2/o doln payment added last July, making the initial payment again only Sc/o. The GI will still, however, have the ZS-year payoff period instead of the former 30-year term.

Mortgages approved under theGI loan terms have been running only about 1,000 a month, and only about one-third of those for nerv homes.

New Hqrbor Areo Record

PROIUIPT SIIIPME]IT

Smoll tight knots qnd fine lexture . . coupled with selective monufocture ond thorough kiln drying yield o product of exceptionol quolily. WE ARE FUTLY PREPARED TO SUPPLY TARGE QUANTITIES OF THIS STOCK MANUFACTURED TO OUR OWN PATTERNS, THUS GUARANTEEING A STEADY SUPPLY OF CONSISTENT QUATITY AND PATTERN. This is why todoy, when you think of decking, think of BLACK DIAMOND firsr !

Exclueive Sores Agenls in Colilornia lor:.

POST FALLS tUtlBER CO., Spokqne, Wcshington

Exclusive Soles Agenfs in Northern Calilornia ton

KOGAP TUMBER CO., Medford, C)regon

ALSO OIHER WEST COAST WOODS

Ner,vport Beach, Calif.-Harbor area construction in 1955 set the all-time record, r'r'ith this city and Costa Nlesa exceeding $20 million. December rvas the sixth million-dollar month of the year in Costa Mesa, bringing its total permit valuation to $10,629,020, an iucrease ol 155/o over the previous year; while Newport Beach's plus-million December figure brought its year to $9,956,819, more than $1 million over the '54 figure.

NHLA Membership of 1600

Chicago-The membership of the National Hardwood Lumber Association totaled 1600 at the close of the fiscal year, consisting of 1308 active and 292 associate members, of rvhich 228 are Canadian firms. Compared rvith a year ago, membership declined by 71 even though 98 nerv members rvere obtained, dLrc largely to merger absorptions and earlier retirements of hardn'ood men.

$9OO,OOO-per-Mile High wcry

State engineers said it vuould cost about $900,000 per mile to construct a four-lane freen'ay of U. S. 101, bypassing the southern Humboldt county redrvoods as much as possible. Work has begun on 23 repair jobs in Humbr-ildt county's road system.

Bqrtletf Appoinred Vice-President of Pqcific Wood Products Compony

R. S. (Dick) Bartlett, formerly president of Davidson Plylr'ood, Los Angeles, which position he resigned last month, has been named vice-president in charge of sales for Pacific Wood Products Company, according to Jack and Norman Davidson, executive officers of Pacific Wood Products Co.

Bartlett's nerv position 'ivill entail considerable travel as he will be establishing sales offices for Pacific Wood Products in Nerv York, Chicago and other major cities throughout the United States, offering the firm's new specialty items, Random Plank and Parkay Ply, along u'ith other imports from around the rvorld.

Cedqr Siding Development Progrom

Western Red Cedar Siding will be the subject of a research program this year in which the Western Red Cedar Lumber Association will make fund grants to determine the best methods of application and surfacing. The program will be directed by Clark C. Heritage of Tacoma, Wash.

Allos Nqmes Two Sqles Monogers

Boston, Mass.-Charles H. Abbott has joined Atlas Plyrvood Corporation as sales mana€Jer of the Door and Panel division, and Alfred M. Blakesley has been appointed sales manager of the company's Container division.