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taught not to be greedy, so I will tae the wee one."

McTavish quickly handed him the nickel, and said:

"Well, noo, Sandy, for being a guid bairn, and no greedy, I'll gie the big one to ye."

Price Wqr Hits Building Moteriols, R,eports House & Home Mogozine

A waVe of price-cutting has hit the building materials business at the dealer-builder level, reports House & Home, business magazine of the home building industry. The cuts should help hold down home prices, which are under pressure from labor and land costs, it says.

Lumber dealers are feeling the pinch most, the magazine says, but it is also hitting electrical, plumbing and masonry suppliers.

In Detroit, Lumber Dealer William C. Restrick reports, "The lumber business has never been in worse shape." He has cut prices to near cost, complained: "It's all coming out of my profit."

In Atlanta, J. Ross Hanahan, president of Carolina Lumber & Supply Co., says: "Price and profit cutting is not restricted to a few products. It's just a 5 to 75/o on everything."

Phoenix Lumber Dealer John Entz reports: "Now we are feeling the pinch in locks and hinges, too. There are more and more-and cheaper-foreign goods coming into the market, and builders of cheaper houses, where quality is important, are buying them." not too rmportant, are Duylng them."

"It's dog eat dog," noted Grady Cates, president of the Hines Boulevard Lumber Co. in Dallas. "We couldn't go We go lower on prices-we'd have to quit." any nave qurt."

One plumbing equipment dealer told House & Home: "We are sellino our fixtures at 1950 orices. If we we-ren't selling our at prices. If we weren't -'vve nxtures ryJU diversified we'd be losing our shirts."

Home builders are getting a break on appliance prices, too, but in San Francisco and Philadelphia they report that lower materials prices have been offset by higher labor and land costs. Thus there has been no drop in house prices. In Detroit, Realtor Gordon Williamson estimates home buyers are getting 5/o more house compared to a year ago beciuse of lower materials prices.

lll[NDtINff, NATHAN COMPANY

Other Ofices

2185 Hmtington Drive SAN MARINO 9. CALIF.

Unired Buys Turlock Yclrd

Turlock, Calif.-Harry P. Raymus, president of the Turlock Supply Company, announced on April 7 the completion of sale of the Turlock division of the Turlock Lumber Company to John H. Martin, president of United Lumber Yards, Modesto. He added that the Turlock Lumber Co. of Delhi will continue as part of Turlock Supply Co., with Kenneth Meggs as rnanager. The sale involved office equipment, stock-in-trade and present inventory, and Raymus will continue to own the property where the yard is located. The yard has been in business since 1905.

I!Ir. Raymus said the sale was made because his insurance agency was demanding his full attention but he was glad he could bring the progressive lumber firm into Tur-' lock. He had owned the lumberyard since 1946.

Mr. Martin stated that Orville Cooper will continue as manager of the yard and it would retain its present name for the remainder of the year.

San Francisco 4 Pittock Block PORTLAND 5, ORE.

Bud Stewqrt Appoinred Monoger of lou Hollqnd's Builders Showcose

Bud Stewart, a veteran of more than 14 years with the Alert Lumber Company of Los Angeles, was named manager of the Builders Showcase in Yucca Valley by Lou Holland, owner of the retail lumber concern. Bud recently resigned as manager of the Alert yard in Bell Gardens to assume the position at the desert spa.

The Stewart family have purchased a new home in Yucca Valley and expect to become a part of this thriving cornmunity. Bud is well known throughout Southland lumber circles and has been prominently' identified in civic and social affairs in the southeastern Los Angeles area.