sToRlEs ,'

lor 20 years---Some less Ag"

not guarantced---Somc I have told

No Records Will Be Broken

It was at one of the New York race tracks where the betting on the races is done with the bookies. The next race to come up was a four-horse race. A man stepped up to one of the bookies and bet him one thousand dollars each on three of the four horses in the race, thus having a bet on every horse in the race but one.

Another man standing close by witnessed this betting, and remarked to the better: "Mister, I'm bound to tell you that you're throwing away your money."

JACK rVY VISTTS SOUTHERN CALTFORNTA

Jack Ivy, field representative for the Red Cedar Shingle Bureau, Seattle, Wash., is in Southern California where he is calling on the retail lumber trade and showing the Bureau's talking motion picture, "The Home of the Wooden Soldiers," before retail lumber groups, contractors, architects, and the general public interested in building' He is also exhibiting the Federal Housing Administration sound picture "The Low Cost Home."

Jack attended meetings at Santa Ana, Monday, April 26, and at Hollywood, April 27, after which he left for San Diego and the Lnperial Valley where he will put on a series of shows. He will attend the annual convention of the Arizona Retail Lumber & Builders Supply Association, Inc., at Phoenix on May 7-8, and plans to return to Seattle about Tune 1.

Back From Oregon

Glenn M. Harrington, of MacDonald & Harrington, San Francisco, has returned from a week's visit to the firm's Portland office.

The other asked: "What makes you think so?"

t'The first one said: "Because I own all three of those horses you bet on, and they are not go'ing to run very fast."

"Then it wiU be a mighty {ow race," said the man who had made the bets.

"Why?"

"Because I own that other horse, myself."

Change Name Of Steamer

Lawrence-Philips Lumber Co. has changed the name of the Steamer Covena to the Josephine Lawrence. Mrs. Lawrence, for whom the steamer is named, is vice-president of the company, and wife of T. B. Lawrence, president of the firm.

The Josephine Lawrence is a single end steel vessel of 2,372 gross tons, and carries approximately two million feet of lumber. The company recently purchased it from the Hammond Lumber Company. They operate three vessels in the coastwise lumber trade, Josephine Lawrence, Larvrence Philios and Point Loma.

Business Good With Screen Company

Simpson Screen Company reports that business is good, both in screells and in a number of sheet metal building specialties which they manufacture at their plant at 1841 East 12th Street. Oakland.

This company is Northern California representative for Hipolito screens.

Douglas Fir "\llfeldwood"

The most importent development in the history of the Fir Plywood industry.

WATERPROOF

Glued with resinous glue, producing an absolutely waterproof glue-joint, a strictly waterproof panel is now available at low cost for countless uses where moisture is a facto'r.

Ggl.t""tities on hand at our warehouse for _immediate shipment-the same high stan&rd of grade and quality thai characteize all United States Plywood products.

Appointed to Red River Sales Staff 35% of So. California Residential Building Los Angeles

Armand Millian, of the sales department of The Red River Lumber Company, Westwood, California, has been appointed to the sales staff at The Red River wholesale warehouse, Los Angeles, under Manager Paul Revert.

Mr. Millian came to Red River from school in his home town of Fresno nine years ago and entered the general sales office. He has had a wide experience in estimating, pricing and checking orders for sash. doors and lumber. This training he expects to make valuable to in the Los Angeles region.

Cargo Freight Rate On Shingles Reduced

The Pacific Coastwise Lumber Conference has just issued a supplement to the tariff effective April 15 which reduces the board measure content of 16-inch shingles per square to 100 board feet. This has the effect of reducing the cargo freight rate on a square of shingles to Los Angeles Harbor, which has a $7.@ water rate on lumber from the Northwest, from 81 to 70 cents.

The cargo freight rate reduction on shingles to the Port of San Francisco, which has a $6.00 cargo rate on lumber, is from 70 cents to 60 cents per square.

Activity Accounted For bv FHA

Thirty-five per cent of all Southern California residential building activity is being accounted for by the Federal Housing Administration mutual mortgage insurance system, says F. W. Marlow, district director.

Mr. Marlow's statement came after a study of residential building permits issued during the first quarter of. 1937 by building departments of twenty-six cities and a comparisop with mortgages actually accepted.

During the first quarter the Southern California district office accepted for valuation and appraisal approximately 10 per cent of the national volume received through 64 offices. Mr. Marlow concluded.

ATTENDS NATIONAL RETAILERS' ANNUAL MEETING

Chris Totten, secretary of .the Arizona Retail Lumber and Builders Supply Association, Inc., Phoenix, Ariz., attended the annual meeting of the National Lumber Dealers Association at Washington, D. C., on April 2O-21.

Ed Green Visits Southland

Ed Green, saies manager, lJnion Lurnber Company, San Francisco, was a Los Angeles visitor around the middle of April. He spent a few days rvith Lafayette E. Grimes, one of the company's salesmen, calling on the retail lumber trade.