tOS.CAt TUMBER COffTPANY

Wholesale

Specicl Pockoge Leqse Plqn Avoiloble to Lumber Industry

A special Package Lease Plan for the lumber industry is announced by Nationwide Leasing Company, Chicago 3, Illinois, under which any combination of equipment may be considered one package and leased as a unit for three to five years. According to Robert Sheridan, Nationwide presi- dent, the Package Lease permits large and small firms to acquire $10,000, $25,000, $50,000 or more in equipment without capital investment.

Under the Lumber Industry Package Lease, a company could lease $10,000 worth of equipment for three years for a monthly payment of $320. The $25,000 Package Lease would cost $800 monthly for three years, $625 monthly for four years. A $50,000 Package Lease features three, four, and five-year terms. Three-year leases would cost $1,@0 monthly; four years, $1,250; five years, $1,050.

"This Nationwide Package Lease was developed to meet the need of lumber firms to expand and modernize production facilities without depleting their liquid working capital," Sheridan pointed out. "Any combination of equipment may be lumped together in one package, under one lease, with one monthly lease payment."

New FHAFolder Promoles Home Modernizqtion

Lumber dealers and builders interested in promoting home modernization sales will find a valuable merchandising aid in a four-color folder released by the FHA Title I Office in Washington.

The 3r/a by 6'/c inch folder stresses the ease of getting Title I loans for such improvements as roofing and siding. Rather than promoting specific products or methods, the folder stresses the economic soundness of investing in these improvements. It further states that one out of six homes needs new siding, one out of five needs new roofing. Even more significant, according to FHA, is the fact that many homeowners don't realizg they are letting their homes become obsolete before their time by not getting these improvements right away. Thy are urged to consult a reputable builder or lumber dealer and then to obtain a Title I modernization loan from a local lending institution.

Although the folder is concerned primarily with pointing out the pride and peace of mind that go with these essi:ntial improvements, it does mention briefly the advantages of using insulating siding-lower fuel cost, freedom from painting, reduction in noise, protection from vermin, insects and fungus.

Lumber dealers or building contractors who would like to obtain a free sample of the folder can get one from Stephen Smith, Kaufman Press, 25 Massachusetts Ave., N.W., Washington, D.C. or the Insulating Siding Association, Glenview, Ill.

Federol Aid Projects . .

Community Facilities Commissioner John C. Hazeltine approved advances totaling $325,000 to adjoining public utility districts in Klickitat and Skamania co rnties, Washington, to finance preliminary planning for proposed hydroelectric developments. T&re former on the White Salmon river will cost an estimated $,+8,645,m0 and start construction late in 1961. Latter project, on the Little White Salmon east of Stevenson, Wash., will cost an estimated $7,560,000 and is expected to start about March 1961. Both projects are authorized under the Housing Act of 1954, as amended. Refer (for Klickitat) : Manager Emmet E. Clouse, Goldendale, Wash.; Project No. Wasl.r. 45-P-3036. (For Skamania) : Manager Smith Rea, Stevenson, Wasl.r.; Project No. Wash. 45-P-3033.

Montana School of Mines, at Butte, received CFApproval of a federal loan of $250,000 to finance construction of a'student union building. Refer: President Edwin C. Koch; Project No. Mont" 24-CH-16 (S).

HHFAdministrator Al'bert M. Cole renewed until Dec. 1, 1959, the workable program ,by which Reno, Nevada, expects to eradicate slrrms and blight and guide its orderly development. Reno's program, now in its second year, includes one urban renewa'l project, the Northeast Area, in planning stage; adoption of a uniform housing code; additions to inspection personnel of the Building Department, and completion of a community plan. Persons displaced by governmental action will be relocatted in standard l-rousing, and the Housing Authority reports 150 low-rent public housing units under construction, with about half expected to be ready for occupa.ncy this Summer. Section 221 FHA mortgage insurance assistance has been certified for construction of another 75 low-cost private dwellings.

1'he Washington communities of Arlington, Eatonville, Goldendale, I(elso, Metaline, Mount Vernon and Pullrnan will get assistance in preparation of plans for their growth and development under a $16,150' federal grant approved by URCommissioner Steiner. Trhe project, whiclr will include studies of subdivision regulations, is expected to be completed by J4nuary 196O. Refer: Manager Sam Boddy, Jr., Dept. of Commerce & Economic Development, Genl. Administration Bldg., Olympi4 Wash.

Burlington and Enrrmclaw, Wasl'r., have received a federal grant of $3,450 to prepare plans for their growth and development from URCornnrissioner Steiner. The studies will include subdivision regulations an<l be conr,pleted in 18 montl-rs. Refer: Manager Sam Boddy, Jr., Dept. of Cornrnerce & Economic Development, Genl. Administration Bldg., Olyrnpia, Wash.

fhe 101-acre "Avondale" urban renewal project in Denver, Colo., reached the stage of actual execution witl-r approval of a $1,834,014 federal loan and a $1,030,469 capital grant by URCgmmissioner Steiner. The rundou'n residential area one mile west of Denver's central business district contains 441 substandard dwelling units and more than half of t'l.re area will be cleared and made ready for residential redeveloprnent. Some 241 families will be displaced and offered relocation in decent quarters required by law. Refer: Chairman Bruce Rockwell, Denver Urban Renewal Authority, City and County Bldg., Denver, Colo. Santa Monica, Calif., has received HHFA recertification until Janrrary 1, 19ffi, of its workable program for eradication of slurns and blight. The resort city of 78,500 p€rsons (1950) facing the Pacific ocean and bounded on the other three sides by bs Angeles, adopted a master plan in 1957. A project plan has been adopted for a redevelopment area and the agency has applied for URA funds to create a community organization to sponsor non-profit reloca.tion housing for low-income project area residents. Santa Monica states, however, that no relocation problems 'have arisen because of the high level of new construction.

Refer: Mayor Russell K. Hart.

25914 President Ave., Horbor €iry, Colif. P. O. Box 667

Telephone DAvenport 6,-CZIS o Quolity products from lhe world's best Mills

. Dependoble service from quofolion lo finol delivery o Over 50 yeors experience in the export'im' pod field o Prime importers serving the wholesole lumber trode exclusively

Coll the Atkins, Kroll represenlolive neoresl you {or de' pendoble ond occuroie informolion ond quototions on oll imported wood producls:

Wood Mqy lift rhe lron Curtqin; iil+ Internotionql Stondords Sought

, The 40 member countries of the International Organization for Standardization, including the United States, h'ave been asked whether they favor the development of international standards for the characteristics and nomenclature of wood, as well as for plywood and particle boards.

The American Standards Association, which represents

American interests in international standard, *ork, i" p-rese"tly

. polling the American industries concerned with these producti as to their viewpoints on the proposed standardization irojects.

The secretariat bf the Internaiional Organization for Siandard- the plywood project by February 17, 1959, and on the wood project by March 14, 1959.

The proposal for international standards for plywood and particle _boa1d_s originates with the German standardizing body . (Deutscher Normenauschuss).

In support of their proposal the Germans said : ,,Interna- tional standardization of plywood and particle board would facilitate the international exihange of theie goods. With stand- ard testing methods, it will be fossible to istablish a quality control giving comparable test results for comparable boirds.t'

The scope of the proposed projeCt includes lll plywood and particle boards used in buildings, furniture, and other end prod- ucts, and it covers terminology, dimensions and tolerances. designations, rules for sampling and testing, and quality re- qulrements.

The Germans suggest the formation of a new technical committee to formulate-the standards and are willing to assume the administrative secretariat of such a committee. thev have also

, submitted several German standards for plywood is the basis

' of discussion (DIN 52360-particle boa?<is, testing methods, sampling, determination of thiikness, weight and deisity; DIN 5236I-determination of moisture content and swelling; DIN 52362bending tests; DIN 68705plywood specifications;

Retoil Lumbermqn Joins HHFA

Appointment of Walter Rosenberry as Deputy Administrator of the Housing and Home Finance Agency is announced by HHFA Administrator Norman P. Mason. He previously had been special assistant to Mr. Mason when the latter was Commissioner of the Federal Housing Administration.

Mr. Rosenberry has had important business connections in several western states, principally with the lumber industry. Born in Thief River Falls, Minnesota, he grew up in Idaho. After serving an apprenticeship in retail lumber yards in North and South Dakota and Minnesota, he had risen by the early 1930s to the general managership of a chain of thirty lumber yards operated by the Rock Island Lumber Company. He was then only 25 years old. By 1935 he was active in lumber companies connected with the Weyerhaeuser group, with headquarters in St. Paul and for many years took a prominent part in civic affairs in that city. He was a member of the executiv.e committee, Allied Building Credits, Inc.,1937-1948, and a director of the Hines Lumber Co., of Chicago. In 1950 he organized his own lumber company operating out of Billings, Montana, and Spokane, Washington.

DIN 68760particle boards, dimensions. These standards are available from American Standards Association).

Portugal proposed the standards for wood "to perfect knowledge of and definitions of the characteristics of woods of each species of tree, with a view to rationalizing and increasing their use; and to facilitate international understanding in the matter of commercial dealings and the exchange of technical knowledge."

The scope of the proposed project is the achievement of international agreement on (a) sampling rules and test methods for