Expands Sacramento \(/arehouse

Just a decade ago, in June, 1939, California Builders Supply Company established a Sacramento branch in an 11,00O square foot warehouse at 15th and Spear to serr.ice the lumber dealers in the interior valley area of Northern California. In a short time the necessity for larger cluarters became apparent. The company acquired a 20,000 square foot warehouse on McCormick Street in 1942, and moved to the new location.

Within three months the government served notice that

Increcrse in Freight Rates

Another increase in freight rates will go into effect on September 1. An additional 3.7/o rvas granted by the Interstate Commerce Commission to be added to the interim increase of 5.2/o granted in January of this year. Lumber rates will rise 6 cents per hundredrveight. (This includes the 4 cent increase granted the first of the year.) The railroads had asked for B cents.

it t,as commandeering the new warehouse and would take over in 30 days. A new site was acquired at 1905-19th Street, the yard 'r'r'as rebuilt into a building supply material rvarehouse, and the move was made. Horvever, due to increased stocks and expanded service, it has been necessary to enlarge the rvarehouse, and this program has been recently completed to cover approximately 27,000 square feet. Rill Blatrner is manager of the Sacramento branch.

Partnership Dissolved

The partnership of Pinkerton-Young Lumber Co., Portland, has been dissolved. Mr. Pinkerton is continuing the business under the name of Pir.rkerton Lumber Co.

Opens New Olfices

Revnolds Xletais Company opened nerv San Francisco olfices August I at 661 Geary Street, San Francisco 2. Their neu' telephone number is PRospect 6-4800.

Dealers Score Direct Federal Lending Offer Low-Cost Home Building Plan

Retail lumber and building material dealers today scored direct federal lending, class legislation; and offered a plan to produce low priced housing in suburban and rural communities.

Testifying before the House Banking and Currency Committee, Norman P. Mason, North Chelmsford, Massachusetts, lumber dealer told the Committee that the housing legislation under consideration tends to perpetuate the type of class legislation that is creating envy and bitterness among our people.

"The Congress in enacting class legislation is creating a nation of minorities, whereas it should be dealing with broad legislation covering the requirements of all the people," Mason stated.

The provisions of the bill providing for government longterm loans to housing cooperatives at lorv interest rates would provide an economic advantage for one group to the detriment of the individual home owner. The fact that cooperatives must rely on special treatment from the federal government proves that they are unsound ventures, charged Mr. Mason.

"If the cooperative really has any merit it should stand or fall in direct competition with other types of housing and without aid from the federal government," Mason continued. "The legislation now pending before the House Banking and Currency Committee provides for direct loans by the federal government to cooperative enterprises and educational institutions at interest rates below the prevailing market. It also provides for direct loans to veterans at 4/o.

"Private financing institutions are now making loans available to veterans at 4/c under the G. I. Bill of Rights," Mason stated, "and I see no justification for this legislation, especially in view of the fact that the Executive Department already has authority to provide financing for cooperatiVes and veterans."

L. F. Broderson, lumber dealer from Oklahoma City. Oklahoma, appearing before the same committee stated that homes in the $6000 bracket could be provided for low-income peopic in suburban or rural areas if Congress would make the necessary amendments to the National Housing Act.

"Lumber dealers are ready to produce houses in thc $6000 range if they can get the type of financing that is now available to the large urban builders," Broderson pointed out.

These homes would be built to sell for a $300 down payment and monthly charges of about $37.00, and would be in direct competition with the federal public housing program, Broderson pointed out. The cost of buying one df these homes would be about the same as the average to tenants in the Federal Public Housing Projects.

"The home owner," said Mr. Broderson, "would obtain an equity in the property rather than a pile of rent receipts."

Both Republican and Democratic members of the Committee compliment Mr. Broderson upon this proposal.

"The past failure of the lumber dealers to provide a greater number of this type of housing has been brought about by the reluctance o{ Congress to bring about the sensible financing program needed to produce low-price<l homes." Broderson concluded.

Lumbermen's Post Will Meet Sept. 14---

L. A. County District Attorney Night

Lumbermen's Post No. 403, American Legion, will meet Wednesday evening, September 14 at the Mayfair Hotel, 1256 West Seventh St., Los Angeles. Any lumbermen, or former service men, are cordially invited to the dinner.

It will be Los Angeles County District Attorney Night and Wm. Simpson and several of his staff will be present. There will also be a 15 minute shor','ing of beautiful colored slides taken on a recent Alaskan trip by Leo Hubbard, Hayr,'i'ard Lumber & Investment Co., and Paul Hallingbl', Hammond Lumber Company.

The new officers of the Post are: Commander. Al Shaw, H. W. Brown Sash & Door Co.; 1st Vice Commander, Dave Webb, Simpson Industries, Inc.; 2nd Vice Commander, Glen Allen, Alliance Lumber Co.; Adjutant; Jon Bald'rvin, Alley Lumber Co.; Finance Officer, Maurice Boyd, Building Material Sales Co.; Sergeant-at-arms, Harold Hamilton, John W. Koehl & Son; Chaplain, Matt Curovich, Trucking; Historian, Andy Morrison, Owens-Parks Lumber Co.; Program Co-chairmen, Leo Hubbard and LaVerne Hubbard, Hayward Lumber & fnvestment Co.

LUMBER MILLING COMPANY

Quality Ponderosa Pine Mouldings

WHOLESAI.E ONI.Y

Oftice qnd Worehouse

5050 Eqst Slquson Aye., Los Angeles 22, Colif. Phone lOgon 5.5144

Manulacluring Plant, 5324 East Sfossor Ave., Los Angeles 22, Calil.

ROUNDS TRADING (OMPANY

Wholesqle Distributors of Double end trimmed, surfoced or run to pottern

PONDEROSA PINE

WPA Groded

Product of TWIN-CITY TUI|IBER CO. Successor to \trlNONA INVEST/V{ENT COMPANY (Colifornio Division) Morysville, Coliforniq

DRY REDWOOD

Product of ROCKPORT REDWOOD COMPANY (t.nbcr C.tltomla Bcdwmd A$@iiilor) Rockport, Colifornio

ROUNDS & KII.PATRICK TUMBER CO. Rounds, (Neor Asti) Cqlifornio

DOUGTAS FIR - SUGAR PINE CEDAR SHINGTES

GENERAT OFFICES

Crocker Bldg., Son Froncisco 4, Colif. Phone YUkon 6-0912 I