Regal Door Conpany

3-6216

Morch Housing Stqrts -79,OOO

The preliminary estimate of 79,000 new nonfarrn <l'"velling units startecl in NIarch is 8,000 units less than \'Iarch a year ago, but 14,000 units above the February figure, reports the National Retail Lun.rber I)ealers Association.

Private starts were 75,100 in N{arch, 5y' belou' the llarch 1957 figure. The seasonally adjusted annnal rate of privately on'necl units, at 880,000, heltl at about the February level, wl-rich was tl.re lowest since the early months of 1949. Despite the adverse u'eather cor-rditions <ltrring parts of February and \',Iarch, which delayecl the start of construction in many sections of tl-re country, privately o'"vued dwelling units begun cluring the first quarter of tl-ris year were almost the same as ir.r tl.re like 1957 periocl-199,300 compared with 202.500.

About a third of the l\{arch increase in represente<l neu' clwellir.rg units begun rn'ith private

FHA-insured mortgages. Starts in future months will be boosted by units begun both under the VA and FHA programs, since sizable aclvances occurrecl in X{arcl"r in applicatior.rs for insurallce or loan f{rlarantees.

Wqrren Hoyr Joins Worren Soufhwest

Warren Ii,. Hoyt, actir.e for n.rany years in Southern Califon.ria lumber circles, has been namecl consultant for Warren Southwest, Ir.rc. For tl-re past 15 years, Hoyt has been indentified in the u'ood-preserving encl of the lumber business. At one time he l.reacled the sales department of the American Treating & Lumber Company in Los Angeles, from which he retirecl a fer.v years ago.

\\tarren Hoyt will maintain l-ris l-readquarters at the new Warren Southwest plant at 20934 South Normandie Ave., Torrance, California, and will pick up his connections where he left off a conple of years back.