&eco ?/ocld,enV &,

QuolirY

Ponderosq Pine Mouldings

Truck Shipmenf sand/or

Srroighr Cqrloqds of Mouldings-or-Mixed

Mouldings AND lumber

Phone: Flreside 2-Ot 03 o P.O.

Removql of Credit Restricfions on FHA Down Poyment Announced

Box7l4 o Chico,

'1'he Clommissioner oI I.'H-\ announccrl or-r \Iarch 29 the rcmoval of the crc<lit restrictior.r l'hich, since July 30, 195.5, hzLs reclriired a don'r.r pavrnent oi 7()/r on the first $9,000 of r,':Llue rncl 27/c of the cxcess above $9,000 orr 1-to 4-iamily du'ellings. Effectiv,e immediately, the mininrum clou'n payment rerluirement ts 50/6 <tt'r thc first $9,000 irn<I 250/6 on the excess alrovc $9.000. In r>ther n'orcls. the nraxinrnrrr FH^\insurecl urortg:rge on ne\\' 1- to -l-familr- dn'cllings is nou' 95'/o oI thc first $9,000 antl 75'/r of the excess:rlror.e $9,000.

The Administrzltion has also :rsked the Congress {or additional authoritl to relax clon'n-payment requircnrcnts on FH.\-insurecl lo:rrrs to 1(/c or-r the first $10.000, 1.5/r orr the next $6,000. anrl 30f, on the exccss abor.e $1{r,000. I Ion'cver. the Congress has t:iken no action on this proposal , rcl)()rts thc National Retail I-umber l)ealers Asst.,ciation.

Another Dcrnt Ship Christened

San Francisc<.r--\nother additiorr to the States l,inc I'acific Transport l,incs, Inc. fleet, the SS C. Tl. Dant. l'as christcnerl Nlarch l at l'ier 17 bv Mrs. Jack l{. Dant, l'ife o{ the liresident. The ship is namecl aiter his father. onc of thc founders of Statcs Steamship Co. The rle\\' carg() lir.rer is of the NIarir-rer class. -\iso attendirrg the christening u-as I{. Star.rlev Dollar, president of the llolrert Dollar Co.

--\ dcvclopment of south of I-effingu,ell appror,erl in the Ea"st

1.lii single-family homes on 30 acres road and east of Santa Clcrtrncles u-:rs Whittier-I-a Jliradir arciL.

6/4 - 2 qnd Bel. Gommon

Ponderosq Pine Ponelling

Shipped in Poper-lined Ccrrs Coliforniq o TWX: CZ-66-U

Sell REDwOOD TANKS for Economicql Storoge

Aufomatic Woter Systems do foil, ond lhen woter is ol o premium. Redwood Storoge Tcnks ore lhe most economicql. lnitiol cost is lower, ond they hove o longer life. Redwood hos high insulotion volue; keeps wqter cool. Redwood is resistonl to fungi ond insect ottock. Furthermore, we con give immediote delivery, complete Your line with REDWooD TANKS

Another New Artesio Door Product Reoches the Western Morket

Artesia Door Company's new Fold-Away Flush Door units have met with ready acceptance, reports Andy Vasquez, vice-president of sales for the manufacturing and distributing concern.

"Early last month, the first Fold-Away natural wood doors were delivered to Southern California job-sites and the versatility and beauty of this new door adds exciting livability to any decor," Vasquez declared. This space-saver is available in various species of imported and domestic hardwoods, as well as Masonite, it was said. "ft is easy to install and should become a leader in sales for remodeling, as well as new construction. It is shipped in assembled form ready for immediate installation, including attached hardware," Vasquez pointed out.

to concentrate on sales of all Adco door products, Vasquez said. Smith is well-known to architects, builders and dealers in California and Arizona; however, Artesia Door executives emphasized that all Adco products, including the new Fold-Away units, will be sold through regular channels of distribution.