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I.UMBER SAf,ES DIVXSIOil

Lumber Firm Scrle Robbed l4th Time

Long Beach, Feb. 28-For the 14th time in recent years' the safe at the Fickling Lumber Company, 929 West Anaheim street, was robbed today.

Following the 13 previous safecrackings, company officials had lashed the 800-pound safe to the floor with heavy chains.

But today it was found 100 feet from its moorings, smashed to pieces and emptied of $500 in cash and $800 in checks.

Opens Wholescrle Lumber Office

Harry H. White has opened a wholesale lumber office at 604 Petroleum Bldg., 714 West Olympic Blvd., Los Angeles. The telephone number is Rlchmond O592. He will specialize in shipments of fir, pine, shingles and shakes'

He formerly operated as Normandie Lumber Co. at Harbor City, Calif. Before coming to Southern California, he was issociated with the lumber business in the Northwest for many years.

Hammond Remodels Los Angeles Office

Hammond Lumber Company has remodeled the general office at Los Angeles. The lobby of the office is finished in natural Redwood. A fluorescent lighting system with Lumidor fixtures has been installed, and the office is air conditioned. All the products used in the remodeling are carried in stock.

The hardware warehouse has also been remodeled, and has a display room of 1500 square feet where all building supplies will be exhibited. A new storage shed, 100 feet by N0 feet, with open sides had been built'

Flexible Walt Covering

Balitimore Porcelain Steel Corporation of Baltimore, Maryland, announces a new building material for walls, known as Mirawal. It is a porcelain enameled steel paneling, and comes in strips 16 inches ot 24 inches wide 'and ,rf to tOO feet long, and in panels of the same widths, 8 feet long, backed uP on Masonite. The material is flexible, and the manufacturer says it can be cut or sawed without chipping. Display panels can be seen at the offrce of the *erf "oitt distributor for the product, Feathertouch Products, Inc., 757 West Venice Blvd., Los Angeles ,Calif'' telephone number PRosPect 9443.

Moore-Fcrley

Miss Margaret W. Farley of Phoenix, Atizona, was married to Carl t. Moore, buyer for Pope & Talbot, Inc'' Lumber Division, Eugene, Oregon, at Cottage Grove' Oregon' February 15,1949. t

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Ernest M. Cunha and Melvin C' Leal have opened a retail lumber yard at 262 San Jose Avenue, frvington' Calif' It will be operated as the C & L Lumber Co'

FHA Regulations Broad ened To Assist Housing Cooperatives

Washington, D. C., March 4-To provide additional encourag'ement for the development of housing cooperatives, FHA Commissioner Franklin D. Richards today broadened the Administration's regulations to permit cooperative groups to secure an analysis of their project, even before financing has been arranged rvith a lending institution.

Up to the present time a group of individuals planning the development of a housing cooperative had to have a financial institution willing to make the loan before an application could be submitted to the Federal Housing Administration for analysis as to eligibility for mortgage insurance un{er Section 207 of. the National Housing Act. The amended administrative rules permit deferment oi the execution of an application by an approved mortgagee until after FHA has analyzed the case.

"The Housing Act of. 1948 provided several Cooperative Housing fnsurance plans," Mr. Richards pointed out, "and we in FHA have utilized every facility at our disposal to permit the benefits of this legislation to be received by groups interested in developing housing cooperatives. Today's amendment to the Administration's requirements is just another means of smoothing the way for cooperative groups."

Under the amended rules it is no longer necessary for sponsors to find a lending institution willing to make the loan before the proposed project can be analyzed by tlre FHA. Most mortgage lenders have so far had little or no experience in lending on cooperative projects and prior analysis will be helpful in encouraging financing of this type. It is expected that the elimination of this requirement will be helpful in developing cooperative projects.

The FHA has already set up a special section in the Washington office to make available to interested groups technical information with reference to the organization oI cooperatives and the construction of such projects.

Field offices of the Administration throughout the country are now prepared to receive requests for the analysis of cooperative projects direct from sponsoring groups.

The insurance of mortgages on cooperative projects serves as another means of meeting the present housing needs, particularly of many veterans.

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Fo8est gervlce, U. g, Depsrtment of Agriculture "Plonting trces is like putting money in the bqnlc-tomething drqw on in the [ulure."

Lumber Compcrny Burglcrized

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Shannon Lumber Co., North Fair Oaks, was recently visited by burglars who helped themselves to an electric saw, a half keg of nails, from six to eight dozen door hinges, two dozen slide bolts, two ironing boards and two boxes of door stops.