NEIi,lANIREED LUTABER COTAPANY

business personalities will review a broad vista of vital topics ranging from personnel practices and human relations through finaniial management and construction trends. A thorough review of important tax and depreciation rulings will ilso be discussed, as well as profit-making ideas in advertising and merchandising-in short, a highly stimulating 48 hours for executives to think about their respective-organizations, their industry and its role in tomorrow's construction picture.

19th Annual Association Convention will be held at the Ahwahnee hotel in Yosemite National Park, April 19, 20 and 21. The principal ingredients in -the well-rounded program recipe will be three parts ideamaking business sessions and two parts cheer-making entertainm&t designed for relaxing in the ideal climate of Yosemite Valley amid the pleasant atmosphere of the Ahwahnee hotel. A refreshing three days is guaranteed for all.

Soufhern Colifornio Consfruction Sets New $3 Billion Record in '58

Southern California launched $3,033,572,000 in new construction during 1958 to mark the greatest annual volume in its history. It beat the previous record, set in 1957, by 9.6/o.

The 136,457 dwelling units started in the year (including dpartment structures) topped the 1957 total by 10,237, reports The Los Angeles Times.

Los Angeles set an annual record with $560,758,656 in 1958 construction, over $50 million more than the previous 1957 record. The total of 85 building permit-issuing cities in the Southland came to $1,500,133,037, which was $190,272,549 more than the 1957 total.

The December permits clinched the new annual total and also set a new all-time high for that month, reports The Los Angeles Examiner. It was $9 million above the previous December high of 1954. Los Angeles County's l2-months total was $230,690,502, which was $40 million below the 1957 total.

The Los Angeles Chamber of Commerce's Construction Industries Department reports a l2-months 1958 total of $1,265,987,800 for Los Angeles county, and a big gain in residential valuation during December. The ll.2/o increase over December 1957 was up 2I.0% in total dwelling units, with duplexes and multiples up 23.9/o and single units up 17.9/o.

2q2 Fomily Dwellings lncluded ln long Beoch December Permits

December 1958 building permits issued by the Long Beach, Calif., Dept. of Building and Safety included 292 for family dwellings. Total valuation for the month was $5,574,355 on 2,307 permits. Wood-frame and miscellaneous construction was valued at $3,932,685 on 1,3161 permits issued.