e,*a klc

Mokes

Capehart military housing program \\'ere tlnusllirlly high. A1though April marked the lirst upturn in the seasottzrlly adjustetl rate since last ()ctober, it was the frxrrth sttcct'ssive tnotltl.t u'ith :rn annual rate of less than 1.000.000 units.

Boy Areo lndusfriql Building Up

First-quarte r 1957 San Francisco I3:ry area in<lustrial lruilding permits more than doulrlccl the first three months of 1955 and:rlso shor'"'ed substantial gain over the 1il<c 195(r period. I'ermits of $11,408,549 this year c()lrPared rvith $8,291,691 in the first 1956 quarter. Alamecla led in dollar volume, rvith 38 permits valucd at $rt,613.5rr4. follou'eci 1t)Santa Clara rvith $3,402,298.

L. A. Expected fo Set

' 57 Horr€-R€poir Record

Neu' hor-ne-maintenance ancl reltair recorcls t'ill lre set this l'car in l.os Angeles, I)an L. I)trggan, president t.,f the Los Angeles Iiealtv Iloard, predicted last month. "lleports from members of ottr ltoard engaged in real estate s:rles, apltrltisal and ntanagement-fielcls in u'hich ther- come intrr contact rvith a u,irlc segmerrt of the homeol-ners-indicate that this Spring sa\\' I.tr()re paint-up, fix-up and solid renor':ttion activity tl-ran ever before." he declarecl.

ttr. Q.C.(Quolity Control) is our nome for Lee Moffett one of the best informed Quolity Control men in the lumber industry. By rigid inspeclion of mill production, groding qnd shipping TW&J ossures customers uniform quolity in lumber ond lumber products.

H Ftdifron

TW&J'sBATANCED TUMBER SERVICE includes the procurement ond distribution of oll West Coost lumber products to give the trode true ONE CAtt service.

T)resident Duggan praise<l the home-renorratior-r trencl as having "<lefir-rite valtte ir.r terms of better famiiv living and lroter.rtial futnre return on a r-alrtable investment." FIe noterl that L. A. resiclents are keeping pace u'ith the national trer-rcl in ir-rcreaserl honreimpror-ement u'ork and pointed t() a recellt sur\rey of cot.tsumer finztnces by the Federal Iteserr,e Board u.hich shou'ecl that 24/c d all spending units expect to spencl $50 or nrore this -vear in lretlering thcir homes"the highest proportion in the live years of the survey."

"Realtors have found that it is th,e wellmaintained home that holds its market value," he said. "That new coat of paint, that landscape job, the repair of front and back steps, represents an expenditure today but it may be the reason for a higher sales price tomorrow."

I)uggan sairl a recent sur\-ev lrr- the Natl. Assn. of Real I'lstzrte lJo:rrds shon'etl that homes built in 1940. if n'ell-maintainecl, have helcl or increased in r-alue over the last 12 months (19.56).

Arcqdiq Deqler Elected

Harold Nf onroe of the San Gabricl Val1ey Lumber Co.. Arcadia, lias been elected president of the ,\rcadia Optinrist Club. He l'ill be installed u-ith other neu' r.,fficers in latc June and olficial1y take ofhce -f rrly 2.