To Retail Lumber Dealers TAC0ilil tUil[BnB $iln$

714W. Olyrnpic Blvd.

tOS ANGEI.ES 15, CAI.IF.

Telephone PRoaped ll08

Representing

Arcqlo lurnber Services, Arcoto, Colif.

Arcqlq lumber Services, Crescenl City, Colif.

Arcqtq Timber Producls, Arcotc, Colif.

O HEAVY TUBUTAR CONSTRUCIION

O TARGE STEET AXtES

O ADJUSTABTE FEAIURES

O PRE.ASSEIIABTED EASY INSTAI.TATION

O TARGE 'TAACHINEDBEARINGS

O ROUND SIEEI TRU55 RODS

. WHOTESATE ONIY

Associqted Cooperolives, Eureko, Colif.

Cunninghon t Quigley, Forluno, Colif.

Denbor lumber Co., Smith River, Colif.

Evqns Lumbcr Co., Rockport, Gqlif.

F & Xl Lumber Co., Grescenl Cily, Colif.

Hqrnden Bros. lumber Co., Arcolo, Cclif.

Olsen lumber Co., Arcolo, Colif.

W. C. Peterson, Arcolo, Colif.

Elmer Skoog, llcGonn, Colif.

G. [. Speier Co., Arcolo, Colif. (Three Millsl

South Boy lumber Co., Fields londing, Colif.

We con furnish borh Redwood ond Douglos Fir, surftrcecl and rough, for prompt roll shipment from these mills.

U. S. Plywood Corp. Mills Operating at Capacity, Sayr Ottinger

Ner,v York, N. Y., May l-Lawrence Ottinger, president, United States Plywood Corporation, today issued a statement denying that his company has "any investment whatever, stock or otherwise, in any other company whose securities are listed on the New York Stock Exchange or Nerv York Curb Exchange."

Persistent rumors, "which have become an accepted fact in some financial circles," have erroneously attributed to United States Plywood "a financial interest" in other listed plyu'ood and allied woodworking concerns, Mr. Ottinger stated in explanation of his announcement.

At the same time, Mr. Ottinger disclosed that sales of United States Plywood Corporation for its fiscal year ended April 30, 7949, approximated $67,000,000, which would compare with $62,552,000 sales in the preceding fiscal year. For the final quarter of the fiscal year, the three months ended April 30, 1949, sales approximated $16,000,000, against $17,975,000 in the corresponding period a year ago. These sales figures all exclude unconsolidated subsidiary companies.

"Business of our company," Mr. Ottinger said, "is proceeding on a satisfactory basis though on a lower profit level than last year. A11 of our plywood mills, as well as those rvhose output is taken by the company, are and have been operating at capacity.

"There l.ras been little change in price of hardrvood ply- wood but there has been a sharp reduction in price of western softwoods, both at the mill and at distribution levels."

Mr. Ottinger also reported that United States Plywood's new Orangeburg, S. C., plant is just going into production. This mill, believed to be the lorvest cost producirrg unit in the industry for the type of plywood it makes u'ill turn out a low-cost high quality grade of hardwood plywood for the home builder. The company also has greatly enlarged its distribution organization by building larger warehouses in several cities and opening eight additional warehouses, Mr. Ottinger said.

Alexander "Pcbco Pcrint Mcrt" Opens crt Fresno

San Francisco, Calif.-The Paraffine Companies, fnc., have awarded the first "Pabco Paint Mart" franchise to the new Alexander Pabco Paint Mart, at 1347 Van Ness Avenue. Fresno, Calif. It is owned by Helen and Alexander Otto together and both will be active in its management. Of Mr. Otto's 37 years of business in the Fresno area, over 20 years have been devoted to pain.

Hcppy Event congratulaApril 20, in of Rudbach-

Mr. and Mrs. Chas. T. Gartin are receiving tions on the birth of a daughter, Susan Hill, San Francisco.

Mr. Gartin is a member of the lumber firm Gartin & Co.. San Francisco.