SPECIFY KENDATL PROMPT SHIPINENT

of selected TUMBER from selected mills with reliqble reputotions. . You will then find you do not hove lo corry heovy invenlories becouse you con depend on the BIG MILIS we represent to keep your invenlory ot the proper level. . . We offer consislent sources of supply of QUALITY WEST COAST [UMBER-ond on EXPERIENCED STAFF to follow through.

CPR 22, SR 22--Cealins Prices of Manufacturers of Builders' Hardware

Washington, D.C., Feb. 14-Three divisions of the builders' hardware manufacturing industry today were authorized by the Office of Price Stabilization to apply price adjustment ratios to their ceilings established under the General Ceiling Price $egulation (GCPR) for 31 classifications r.'f their products, consisting of a considerable number of separate articles.

The divisions, and the number of classifications of each, are :

The Butt and Hinge Group, 9; the Hangers, Track and Garage Door Group, 4; and the General Builders' Hardware Group, 18.

A tailored regulation covering the industry norv is uncler consideration. Pending final action Supplementary Regulation 22 to Ceiling Price Regulation 22 is issued as an interim measure. It will be effective February 19, 1952.

Application of the authorized price adjustment ratios rvill result in an increase of 2 per cent in GCPR ceilings for hangers, tracks and garage door hardware; 3 per cent in the case of butts and hinges; and 3.5 per cent in the case of general builders' hardrvare. The increases apply only to the specific products listed in the regulation and not to anv other products which a manufacturer may produce.

It is not expected, OPS officials said, that this industryrvide ceiling price adjustment will increase the general level of ceiling prices which the industry would otherrvise have been entitled to establish under the price determining pror.isions ol CPP. 22.

Today's SR 22 permits a uniform industry-u'ide price increase adjustment instead of the right to compute and establish ceilings under the p:ice determining pror,isions of CPR 22, and supersedes the provisions of CPR 22.

SR 22 does not restrict a manufacturer's right to make price adjustments under the so-called Capehart anrendment to the Defense Production Act, as provided for under Supplementary Regulations 17 and 18 of CPR 22, but if the manufacturer does make the adjustments, SR 22 prices cannot be used in figuring the adjustments uncler the Capehart amendment.

Johnson Management, Policies Will Continue

Ne'iv York, N. Y., Feb. 11-Georgia-Pacific Plywood Company has acquired virtualll' all of the stock of C. D. Johnson Luml>er Corporation, Toledo, Oregon, one of the major producers of Douglas fir lumber, Robert F, Johnson, president of Johnson, has announced.

Mr. Johnson reported that the sum involved in the sale totaled $16,800,000. Of the 210,000 shares of Johnson stock outstanding. practically ICO/o have accepted Georgia-Pacific I'lyrvood Company's offer of $80 per share.

The present mangement, personnel and policies will be continued just as they have in the past, Mr. -|ohnson said. The company rvill be operated as the C. D. Johnson I-rrmber Corporation, a subsidiary of Georgia-Pacific Plyri'ood Company.

The trar.rsaction represents one of the largest cash sales cvcr consummated in lumber circles. Johnson has extensive lumber mill properties at Toledo, docks, barges and more than 900,000,000 feet of timber. including some o{ the naiion's best old gror,vth Douglas fir, in the Siletz River country of Oregon. The sawmill at Toledo has productive capacity of 4C0,0O0 feet per shift. Production in 1951 totaled about 150,C00,000 feet.

On'en 11. Cheatham, president of Georgia-Pacific, stated that the integration of the Johnson firm and the GeorgiaI'acillc setup u'ill round out the prodtict line of this large plywood, door and lumber producer.

Officers o1' C. D. Johnson Lumber Corporation rvill contir-ruc as {ormerly rvith Robert F. Johnson, president; R. E. Fkrweree, _fr., as vice president and sawmill division manager; I-. i{. N{cReynolds, vice president in charge of sales; C. D. Johnsorr, Jr., secretary and treasurer; Carl C. Jacoby in charge of logging and forestrv; Ralph Benson, rail sales rnanager and Andy Crozier ir.r charge of cargo sales.

Sierrcr Pine, Inc. Will Opercrte Sawmill Ecrly in March

Sierra Pirre, Inc., San Francisco, *'ill start to operate its sau'n-rill at Clipper Mills, east of Marysville, Calif., early in March. The mill cuts I'onclerosa and Sugar pine, white fir, and a small percentage of Douglas fir.