lntreosed Profits Greoler Volume ond with CATAVERAS CETNENTS

Cyrus B. Sweet Promoted to Deputy Commissioner of F.H.A.

Norn'uln l'. I{ason, commissioner of tl.rc l.-eclcral Housing AtL.ninistration, annour.rccs that Cyrus 13. Srveet ( left). :issistant I.-HA comr-nissioner for riprrations, h:is been promote<l to the positiort of I)eputy Commissicrner, effectivr August 27. He wtll succeed Charles E. Sigety, u'ho has resiqnccl. NIr. Su'eet came to the l-HA three years ago as director of the agency's home modernization and repair program. Ile was named assistant con-rmissioner in charge of Title I a year later and, since July 1956, has been in charge oi all FHA field operations.

The- new deputy cotttntissiotter stuclied law at the lJniversity of Kansas and, before joining the FHA staff, had been actively cngaged for 30 ycars in California in thc retail lumber business and in the field of home financing. Hc has served as president of the National Retail Lumber Dealers Association, as a member of the Construction and Civic l)evelopment committee, Char.r-rber of Comrtlcrcc of the United States, and on r.ariotts industry advisorv and government committees. His home is in Longvieu-, \\rashington.

Wendell O. Edwarcls of Ann Arbor, Ilichigan, has been named assistant commissioner for operatior.rs, the post formerly held by x{r. Sweet.

Northern Merchonts Associotion Offers Accounling Anolysis

Follou,ing the releasc of the LMA Cost of Doing Busir.ress Survey, ancl becausc of the great interest among the member,s in tl-re.se results, the Association has made arrangernents rvith tl-re Ccrtified lrublic Accounting firm of Harold T. Hoertkorn, u.ho conrpilecl the report, to offer Association mernbcrs an inclivirlual analvsis of their orvn financial statement'

This prrifcssional and independent review of the financial picture ivoulcl include a comparison of figurcs with intlustrv Itatistics and ratios and, if possible, recommcndzrtions for improvement of operating cost, ratios and balance shect comparativcs, ancl would be aCcompanied by a thorough discttssion of yard business as it appears through thc financial report. All information aud correspondence r'vould be strictly confldential betrveen dealers and l{r. Hoertkorn. The fee for this service will be $100 for each financial statelnent analvzccl'

Several members have availetl ther.r.rselves of tl'tis LMANC service in the past and have gainecl valuablc ancl profitable information and guidance, reports Jack F. Potncroy, executive vice-president.

L.A. Hoo-Hoo Golfs qt Lqkewood Sept. 26i Deqn Cromwell Will 'Tell All'

l{arrv Rolrnd. Dresi<lent of l-os Angeles Hoo-Hoo Club

2. has iet Septenilicr .l(r us the "kick-off" golf tournament clate for the 1957-58 se:ls()r1, :rt T,aken'ood Country Club, near Long l',each. .,\ctive U. S. Plyu'ood executive Don Bralev will be chairmarr at the banquet follou-ing tl-re tour,r,,,n,"i't rnrl rvill h;rve as his grrest Dean Cromn:el1. promirrent retiring athletic director of the University of Southern California. IIis talk on "inside football information" And other interesting aspects of coilege athletic programs rvill holcl the interest of all club members, rvho are trrged to set asicle September 2(r and attend this ontstanding. event.

The golf is scheduled to get underrvay at 9:59 a.m. and clinner n'ill be served promptly at 7 :D p.m.