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! Sheofhing

Wight emphasized. "We are not selling lumber by offering a pr€cutting service. We are in the lumber business and we are in the precutting business. That means that we make a justifiable profit on both operations.

"As a result of this policy, our year-end net has shown a substantial increase each year since we formed the precutting division to say nothing about strengthening our position in the volume lumber distribution picture," Wight added.

"After all, the only way to increase your hold on today's competitive market, and to justify your being in business, is to ofier and keep'offering additional services-services that will be profitable to your customer. as well as you."

Cloy Brown Stokes Out Eurekcr Yord lh Downey on Simpson-M&M Deol

Purchase of the Eureka Redwood Lumber Company wholesale distribution yard which has been serving Southern California retail lumber dealers at 7l8I E. Firestone Boulevard, Downey, for the past two years, by Clay Brown of Portland, Oregon, was revealed in an announcement by Dean Jones, yard manager, who said that Brown had acquired the company name and properties from the Simpson Redwood Company of San Francisco. Simpson had taken possession of the distribution yard as one of the assets obtained in their recent $50,000,000 purchase of the M and M Wood Working Company of Portland, Oregon.

Clay Brown, president of the M and M division of Simpson, is also president of Brown Timber Company, which represents a number of Pacific Coast mills producing a variety of western species. The Brown Timber Company, with ofifices in Beverly Hills, California, and general offices in Portland, Oregon, serves as exclusive sales agent in Southern California for the fir lumber production of Fortuha Sawmills, Inc. of Fortuna, California.

No changes in personnel or policies u'ere anticipated, the announcement stated. The Eureka Redwood Lumber Company distribution yard will continue to serve Southern California lumber dealers with a complete selection of redwood lumber in less than carload lots, and 'rvill arrange direct mill shipments of carload orders. Simpson redwood products will be featured.

Formal acquisition of the $50 million M and M Wood Working Corp., Portland, by Simpson Redwood Co., Seattle, was made on August 17.