P*oou.r,u, KOGAP LUMBER INDUSTRIES

A. SPACE

Sliding Door Fraties

Willard R. Ivarson, who spent several years at cata,Calif., office of Tacoma Lumber Sales, Los lvas transferred March 1 to the sales department, geles office.

the ArAngeles, Los An-

R. E. Mahaffay, trade extension director, West Coast Lumbermen's Association, Portland, and Herb H. Bethell, dispatching supervisor of the West Coast Bureau of Lumber Grades and Inspections, who were in charge of the West Coast exhibit at the convention of the Southern California Retail Lumber Association in Los Angeles, April 21 and 22,left by plane April 23 to attend the annual convention of the Lumbermen's Association of Texas at Dallas, April24,25 and 26.

George D. Eubank, of L. H. Eubank & Son, Inglewood, Calif., who is spending'some time at his ranch in La Barge, Wyoming, recently spent a week at the company's plant in Inglewood.

R. A. Fletcher, formerly rvith Shevlin-McCloud Lumber Co. at McCloud, Calif., and Minneapolis, is now a salesman for L. H. Eubank & Son, Inglewood, Calif., manufacturers of ironing boards, cabinets and mouldings.

Peter J. Van Oosting, wholesale lumber dealer, Glendale, recently returned from a business and pleasure trip to Las Vegas, Nevada, and Death Valley. I{e was accomoanied bv his wife.

10% Cash Down Payment on Tidc I Loans lor Repairs Eliminated

Washington, D. C., April 29-Commissioner Franklin D. Richards, t HA, today announced he has notified all qualified private lending institutions that the 10 per cent cash down payment on Title 1 loans for repair and modernization has been eliminated. The formal amendment to this effect was sign by Commissioner Richards yesterday and is effective as of that date.

More than 5,900 leading institutions, together with 4,000 branches, under this change can resume normal lending practices with the removal of FHA's emergency 10 per cent dorvn payment requirement on property improvement loans.

From FHA's inception in 1934 modernization and repair loans were made to borrowers by private lending institu: tions under the FHA plan rvit_hout do'ivn payment until April 20, 1948, when the 10 per cent down payment rvas instituted.

Los Angeles Wholescrle Decler Cooperctes in Celotex Progrcrm

"Our firm is cooperating with The Celotex Corporation in bringing to dealers the materials and the promotional helps to take advantage of the great advertising drive now being made to increase business for Celotex dealers," says R. E. (Dick) Freeman, of So-Cal Building Materials Co., Inc., 1228 Produce Street, Los Angeles 21.

"The basic purpose of the drive is to stimulate building, which will not only increase Celotex business, but sales of all kinds of materials that the dealer handles. The campaign includes mats for the dealer to use in his local newspaper to tie in with Celotex advertising. These mats show attractive illustrations and Celo-Charts of small homes, and the copy urges the public to build now at common sense cost. Also included are publicity releases for the dealer to use in nis local newspaper, envelope enclosures, and radio announcerrrents."

Barney B. Kenoffel, Valley Burbank, is back at his desk four weeks.