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T\TENTY.FIVE YEARS AGO TODAY
As repo*ed in The California Lumber Merchant February 1, 1932
President Hoover on January 22 signed the huge federal Reconstruction Finance Corporation bill, creating a $2 billion government credit designed to lead the way to better times. Former Vice-President Dawes was named president of the board.
Wayne B. Gettys has opened Cruz-Watsonville highway after retail operations.
White Brothers was advertising that the firm had "now' bridged the Bay" and was operating in both San Francisco and Oakland locations.
O. A. Baker, president of the Merced Lumber Company, died suddenly in his office on January 18. He had been with the yard since he went to Merced in 1887.
John H. McCallum and Edwin N{. Eddy were named members of the Public Utility Commission by Mayor Rossi of San Francisco. McCallum operates a large retail lumberyafd, and Eddy's father at the time of his death was president of The Pacific Lumber Company.
Halsey, Stuart & Co. on January 21 formed a committee to invite deposits of first mortgage bonds of the Long-Bell Lumber Company to deal with the pending receivership action as a result of the adverse conditions generally prevailing.
Sacrambnto, Glendale and San Francisco showed "very definite" increases over 1930 in the volume and valuations of their 1931 building permits, according to figures just received; otherwise, almost the entire list o{ California cities and tow-ns showed a sharp drop-off in building. figures during the year
J. E. Martin, Supreme Arcanoper of Hoo-Hoo, made the appointments last months for the state of Arizona.
E. E. Rose sold his interest in the Livermore Lumber Co. to his partner, A. G. Zahnd. It was formerly the Shoemaker Cash Lumber Co.
Winton Sets Jock Dqsch in 5. F. Soles; Dick Merritt to Socrqmento
Glenn Butler, Winton Lumber Sales Company salesmanager, announces the placing of Jack Dasch in Winton's San Francisco and Coast Counties territory. Dick Merritt, who formerly covered this area for Winton, has been transferred to Sacramento, replacing Ted Wassard, according to Butler.
Dasch. who has had considerable Northern California lumber experience, was formerly four years with American Forest Products at Newark. He was raised in Salem, Oregon, attended Oregon State and also worked for D. M. McClinock at Portland.