ArKIilsoT.ST vrz GottlPATY

112 MARKET STREET-GArfetd 1809-SAN FRANCISCO PORTLAND OFFTCE: LOS ANGELES OFFICE: 640g S. V. Burlingame 62E Petroleum Bldg.

ATwater 7866

"Green Commonweclth"

Seeking a fitting commelnoration for its 50th anniversary, Simpson Logging Company of Shelton, Wash., choose to honor the early pioneers by commissioning Stewart Holbrook to chronicle in historical fashion the ."cradle days" of Mason and eastern Grays Harbor counties in the state of Washington. The book is titled "Green Commonwealth."

Simpson Logging Compar.ry feels that to these early pioneers, their descendants, and the people of the region belong the credit for building and maintaining the wholesome and substantial communities no\\' existing in the locality covered by the narrative.

The narrative leads the reader through several distinct eras or periods of logging and lumbering operations of this Northwest country. It also tells of the company's forest management plan developed to permit continuous operation on a sustained yield basis.

Mr. Holbrook's r,vork will prove very interesting to anyone connected lr'ith the forest products industries.

Will Open Scwmill

Frank Babb, Francis Home. Ore.. vl'ill start rvill operate it under Lumber Co.

Chcnge oI Ncme

Kau and Theodore Furgeson, Sweet a new sarvmill at Upper Soda and the name of ltllue Haven I-og &

The San Francisco Wrecking Co., norv the Hammond Lumber Company, I.-ree<1om, Calif., is Freedom yard.

PRosoect 4341

TELETYPE NO. S. F. 2'O

NII,IA Issues Revised Statisticcl Summcrry

Statistical data for the first nine months of 1945, as well as revisions of 1943 and 1944 monthly and quarterly data, ar,e included in a new issue of Statistical Summary just released by the Statistical Division, National Lumber Manufacturers Association.

Figures on lumber production, shipments, new orders, unfilled orders, and gross mill stocks-based on mill reports to the regional associations and on statistics published by the Bureau of the Census-are shown. The Summary covers the period lrom 1929 through September, 1945.

Copies of the summary may be had on request to the association headquarters, 1319 Eighteenth Street, N.W., Washington 6, D. C.

Bcck With Fir-Tex

Lieut. Robert F. (Bob) Reid of the Army Air Corps has returned to civilian life and is norv representing Fir-Iex of Northern California in the San Joaquin Valley, with headquarters in Fresno, rvhere he is making his home. He was with the organization in another capacitv before entering the service.

Buys Locrder

Holmes Eureka l.umber Co., Irureka, Calif., has purchased a ne\\'NIodel I--150 Washington loader rvith a Moclel NHRI Cummins diesel engine and torque converter. 'fhe loader is ecluipped rvith a car spotting drur.r.r.

Upward Trend in Home Ownership

Although home ownership declined 9.6 per cent in Los Angeles in the l0 years before the lvar, an upward trend has been evident since l94O and is expected to continue as new residential construction gets under way in large volume, Paul C. Keenan, president of the Southern California Chapter of the Producers' Council, national organization of building product manufacturers, stated today.

"Census figures shorv that the percentage of local families olvning their ou'n home decreased from 37.3 per cent to 33.7 per cent in 191O," Mr. Keenan said. "Nationally, the percentage of urban home owners dropped f-tom 43.4 per cent to 37.5 per cent during the decade.

"The redttction is attributed principally to depressed conclitions which led to a sharp drop in employment and family income and consequently in home building during the period in question.

"Since 1940 the percentage of urban home on'nership in, the nation has increased almost 15 per cent as a result of high employment and income and the redrrction in the supply of rental housing. The continuation of this decided upward trend is confidentll' anticipatetl, both locally and nationally, during the next five years or so llecause incomcs :rre exl)ected to remain high, the cost of financing homes will be lolt'er than be{ore the war and ernployment is expected to breal: all peacetime records.

"In the decade lrctn l92O to 1930 when brtsiness conditions were generally gocld, home ownership n-rade decided gains. In Los Angeles the percentage of families owning the home thev occupied rose from 34.7 per cent to 37.3 per cent.

"Despite the trend to home ownership since the start of the war, there alrvays will be a large demand for rental units in communities like I-os Angeles because many hundreds of families do not expect to remain permanently in the same place, because some families do not care to assume the responsibilitf involved in owning their own home, and for other reasons.

"A high percentage of home ownership is regarcled as a definite asset in every community because families who own their homes forni a more stable population and tend to take a greater interest in civic betterment."

Los Angeles Hoo-Hoo Meeting Feb. 26

The Los Angeles Hoo-Hoo Club will meet at the University Club, 614 South Hope Street, Los Angeles, Tuesday noon, February 26. Luncheon will be served at 12:09 p.m. An outstanding speaker will address the meeting. President George Clough will preside.

Bcck In Old Iob

Ed J. La Franchi, who recently returned from overseas. rvhere he was Lieutenant Commander in the Navy Seabees, was released from service at the end of January, and returned to his old position with Hill & Morton, Inc., wholesale lumber dealers, Oakland, February l. Since that time he has been busy meeting old friends after an absence of nearly three years.