ffTARKETS of the WORTD Wc

Bring You

& Domedic HARDWOODS

Yqrd qnd Cqrlood Soles

*Phitippine Mohogony Our Speciolfy West Coost Softwoods

Engineered Wood Producls

Remonufqclurers wilh Complete

The President ofiered no new solutions" but stated the best course now is for Congress to act on. legislation which the House Bank' ing Committee already has considered and which has received the endorsement of Treasury Secretary Fowler. The measure would impose temporary limits on the interest rates commercial banks can pay on time deposits and dividends savings and loans can pay on savings accounts. The House Banking and Currency Committee is currently reviewing proposals before it.

Housing Stnrts Agoin lower

New private housing units begun in June were at the seasonally adjusted annual rate of 1.288 million, the lowest level since May 196I and a rate decline for the third consecutive month. The June new starts rate (the latest available) compares with I.295 million units in May and with 1.566 million units in June 1965, the Census Bureau has reported.

The rate of building permits issued in June was 941,000, a decline from the rate of 1.098 million in May and 1.245 million in June of last year.

In light of the depressed housing market the National Association of Home Builders scheduled an emergency meeting in Washington D.C. on July 27 to discuss depressed housing conditions with congressional leaders and to call attention to the tight money situation and the consequences it could have on the rest of the nation's economy.

Details of the meeting will be reported in our next issue.

Dubs Elect Ev Lewis

19300 Soulh Alomedq

Compton, Colif.

SPruce 4-2220

477O Disrrici tt"a.

Vernon, Coliforniq

Phone: LUdlow 9-5581

The 203rd monthly tournament of Dubs, Ltd., in San Rafael was also the scene of the club's annual electionso Bob Kilgore stepping down after a big year and handing over the pr,esident's gavel to charter member Ev Lewis. Tom Gray of California Redwood Sales was elected vice-president, and Sun Valley Lumber's Tommy Jacobsen, Sr. was again reelected secretary-treasurer at the July 15 meet.

Although we're not sure who the current keeper of the handicaps is, we are sure Bill Bonnell's 79'24'55 low net will be of interest to him. Needless to say this put Bill in a flight all by himself.

Meanwhile, back at the rancho Jack Higgins and Bill Leonard took the first flight honors, Ray Teakle was on top in the second flight, outgoing prexy Kilgore won the third flight for his final act, and Bob Green headed the list in the fourth flight.

Trees of Tomorrow

Hybridization, the process that has already revolutionized several major agricultural crops of the United States, is getting a start in California's forests.

'Western Wood Products Association is distributing new hybrid o'trees of tomorrow" to all 258 pine region tree farms in the state to call attention to the silver anniversary of the forest industry tree farm program during 1966, to stimulate interest in new plant' ing stock and techniques and to provide the first widespread field test of the new timber trees.

The trees are all special hybrid pine seedlings produced for WWPA by forest geneticists.-The root system of each is encased in a soil-filled plastic tube which permits it to be o'shocklessly" planted any time of year, still in its tube.

Torn Miles of Corona Box Company, Red Bluffo Calif., is enthused at San Antoniots pole buildings that continue to serve the purpose.

Tom says..

oo . . . Some time back San Antonio erected these spacious beauties at our Red Bluff site. Needless to say, they are quality-builto attractive and they really satisfy our companyts production needs.to

San Antonio pole buildings sell for as little as Ys the cost of conventional buildings.

I.EI (lUR ElIOIlIEERT HT|.P YOU

WIIH

Y(}UR DT'IOlI PR()BI.EMS

Pioneer of pole construction, Son Antonio experience ond know-how builds long-losting rigid pole buildings for every use. Give us o coll! Our sloff of engineers will be hoppy to help you design the building thot besf suits your porticulor needs.

J Alt.buildings engineered and designed by licensed engrneers

J Insurance rates considerably less-yet full coverage

JAll poles cemented to a depth of six feet y' Never needs painting-won't rub off on clothes

J No odor

J Safe against earthquake, wind and weather hazards

J Designs meet all building code requirements maximum protection atminimum cost with

NORTHERN DIVISION

Hwy. 99 W. One mile souih of Willioms, Cqliforniq P.O. Box 837

5-1245

Areq Code 916/473.5381

Son Anlonio will occepl lumber in lieu of cosh, or will orronge finoncing to suit your budget