LETTERS

Mr. W. F. McGowan

NWP and SP Railway

65 Market Street

San Francisco. California

Dear Mr. McGowan;

May 2,1960

We have recently learned of the new free diversion privilege for interstate shipments of lumber which affecti the lumber shippers in the Western States.

_ This new privilege is an advantage for most shippers; however, it is a definite case of discrimination against-intrastate transit_ shippers. The results of your action give advantage to Oregon shippers over Northern California shippers on cars destined for the Southern California market. Regardless of the possibility that this was an oversight on your part rather than an intentional act of discrimination, the damage has been done and we urge you to take corrective action immediately in order to give equal priviIeges and advantages to all lumber shippers.

Very truly yours, Cal-Pacific Redwood Company

R. E. Harmer

cc: Public Utilities Commission, Sacramento California Lumber Merchant

Corpenters lnvesf in Housing

San Francisco.-Northern California builders and carpenters last month found a way to shake up the money market, spur construction and cut pension costs, reported The San F'rancisco Examiner. The Carpenters Pension Trust Fund is going to invest $25 million in FHA-insured or VA-guaranteed mortgages originating in Northern California, and bought the first $400,000 installment, March 8, through T. J. Bettes Co. and the Crocker-Anglo Natl. Bank. The Fund will continue to buy mortgages until they make up 25/o of its holdings.

Chester R. Bartalini, president of the California Council of Carpenters, and his co-chairmen said the program, if followed by other joint union-management welfare funds, could have a profound effect on the building industry.

Roy Armstrong Retires in Denver

U. R. (R"y) Armstrong, after nearly 50 years with the Halleck & Howard Lumber Co., Denver, Colo., has retired as president and chairman of the board, effective April 1. His first job with a lumber company was as a mail carrier at the tender age of eight. Mr. Armstrong is a former president of the Western Pine Association and currently a member of the National Wood Promotion Committee and a director of both the W.P.A. and the National Lumber Manufacturers Assn.

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