R edaood For Every Purpose

WHEN YOU NEED TOP QUATIW REDWOOD KDADor GREENWE HAVE THE Rqil or Truck & Troiler FACILITIES TO SERVE YOU PROMPTTY . .

MODERN SAWMlttDRY KltNPIANING MILI ond SAWMlLt SATES OFFICES

Hollow Tree Redwood Company

Member Cqliforniq Redwood Associqlion

Mill & Soles-P.O. Box | 78

Ukioh, Golifornio be met will be those.designed to assure the older property meets FHA standards of soundness and livability.

Under the law, the individual or firm taking a trade-in house can finance the transaction with an FHA-backed mortgage up to 85/o oI the amount an owner-occupant can borrow on the same property. The maximum loan permissible on a traded-in property is $17,CI0 and only one and two-family structures are eligible. FHA directive dated May 22,7956, to directors of all FHA field offices, contains the new instructions allowing firm commitments on tradein houses, reports the National Retail Lumber Dealers Association.

(Tell th.em you saw it in The California Lumber Merchant)

Homestead 2-3821

TWX: Ukioh 9l

Celofex Breoks Ground For New Gypsum Plant

Ground-breaking ceremonies were held last month at the site of The Celotex Corporation's new gypsum products plant just outside of Fort Dodge, Iowa, marking the start of construction of the $5,000,000 plant. Celotex has two other gypsum products plants, where it manufactures a full line of Celo-Rok products-lath, plaster, wallboard, and sheathing.

Olympic Roises Anderson

John N. Anderson, 32, has been appointed vice-president and production manager of Olympic Stained Products Company of Seattle, announced President Philip W. Bailey.

c CROSS-CIRCULATION - FUTLY AUTOIYIATIC HEAT qnd HUMIDITY CONTROT o SORTING FOR TENGTH - MECHANICAI STrcKING - UNLIMITED STORAGE

IN.TRANSIT PROCESSING - CONNECTING WITH AtL R,AITROADS