T. i,l. COBB COI,IPANY

tOS ANGELES I I

5800 S. CentrolAve.

ADoms l42ll

Higgins qnd Sfroble Firms Nqmed

The Boy Areq Disfributors for Fountoin's Lqm-Loc Pecky Cedor

MARYSVITIE, CAIIF.

Highwoy 99-E SHerwood 3-4253

Higgins Lumber Co.,99 Bayshore Blvd., San Francisco, and Strable Lumber Company, 255 Second Street, Oakland 7, California, have been appointed by the Ed Fountain Lumber Co., Los Angeles, as distributors for Lam-Loc Pecky Cedar.

Higgins will serve building materials dealers in San Francisco, and on tl-re Peninsula. Strable will cover Oakland, Berkeley, Richmond and surrounding cities.

An intensive promotion program to dealers and consumers is being launched in September, according to Fountain. Mailings have already gone out to architects and contractors in the area, while personal calls to distribute samples will start almost immediately. Fountain's representatives

SAN DIEGO I

4rh & K Srreet BElmont 3-673 are_currently distributing displays and making mailings to building materials dealers.

-Nafiona/ Foresi Products Week Oclober l6-22Arcqdiq lumber Co. Honored

The Arcadia (Calif.) Lumber Co. has been selected by American llome magazine as one of its 750 Certified Hom'e Improvement Centers across the country. The selection means that the retail lumberyard, operated by the popular Reckstrom family, is rated among the top I7o of th6 nation's retail lumber and building material- outlets. Extent and quality of customer services were the criteria used by the magazine in qualifying the retail dealers certified. Only centers offering these services were eligible : free estimatei, design and planning assistance, financing arrangements, and nationally advertised merchandise. The Beckitroms' plan is known as the CHIP (Comprehensive Home Impr-ovement Plan).

Moiling Address: P.O. Box 2383, Terminql Annex los Angeles 54, Californio

Hoo-Hoo Infernotionol Goes Home to Arkqnsos for 69rh Annuol Gonvention

OVerbrook 5-7400 los Angelec Ofice: 6416 Eqst Flotillo Street Los Angeles 22, Colifornio

For the third time in the last half-century, Hoo-Hoo from all parts of the U.S. and Canada will journey to Arkansas for'the 69th annual convention of the International Concatenated Order, Sept. 18-21, at Hot Springs, with a pilgrimage on the side-to Gurdon, birthplace of Hoo-Hoo in 1891.

Outstanding speakers this year will include Ross G. Kincaid, managiig- director, \Mestern Re-tail Lumbermen's Assn., Seatttie, ind president of Seattle IIoo-Hoo Club 34; Donaid D. Lockhari, editor of "Timber of Canada," moderatins a 3-hour panel session on Wood Promotion, and Tack 5. Berrv. Salramento, Calif., coordinator of the Naiional Wood -Promotion Program, moderating a panel discussion on the Program.

The historic pitgrimage to Gurdon, Ark., will be made

Sept.20, with a salute to the Monument (1909), tribute to the founders, and rededication to the Code of Ethics. A short-form Concat will be staged by the Degree Team from Memphis and the afternoon will be climaxed by a Bar-B-Q courtesy of Gurdon Hoo-Hoo Club 120.

A stag luncheon, a joint luncheon, a tour of the Mountain Pine mill of Dierks Forest, Inc., and other events are planned, in addition to many special events for the ladies. Hot Springs Hoo-Hoo Club 190 plans an informal opening, Sept. 18, honoring the Seer of the llouse of Ancients, C. D. LeMaster, Sacramento, Calif. The Snark of the Universe, R. W. Scott, will be presented Sept. 19. John B. Egan, Rameses 46, will preside at the ceremonies in Gurdon. Election of the Supreme 9 and the new Snark will be held on Sept. 2l alter the final business session, followed by the Embalming of the Snark, with Ben F. Springer presiding. A reception and dinner-dance will end the fun.

-National Forest Products Week . October l6-22-

Credir Problems Discussed by BMDCA Ponel ot Meeting

The never-ending problems of credit for lumber, allied industries and the retailer were discussed by a panel of prominent members of the Building Material Dealers Credit Association at the recent meeting of the Wholesale Lumbermen's Association of Southern California.

Headed by BMDCA President George Martin, credit manager of Consolidated Rock Products Company, Los Angeles, the panel sought to bring the wholesalers an insight into the problems of the entire industry with regard to credit.

"Not only on the wholesale level is credit a distinct problem," said Martin, "but on the retail level it is the paramount problem." Martin continued by saying that the need for credit reporting is, and has been, a tremendous tool. He also stated that the increase in the number of marginal accounts in recent months is a problem that now must be looked at with an extremelv watchful eve.

Bob Reed, credit manager with Bari Lumber Company, Santa Ana, brought out the fact that "there seems to be a common misconception that each segment of the lumber trade feels that he is on a small (slim) margin and that everyone else is making all of the money. In some instances," Reed continued, "this appears to be a factor in the slowing down of payments."

Other Danel members. which included BMDCA Asst. Secretary'W. R. "Bill" Loper and E. S. McFarland, stated that the rate of bankruptcy and the amount of credit due involved has increased a great deal in the Southern California area in past months.

The first six months of 1959 saw 163 bankrupt firms with assets over $4 million and liabilities of over $8 million. llowever, in the first six months of this year the number of bankrupt firms increased to 707, with assets of $5 million and liabilities exceeding $21 million.

Wholesale Lumbermen's President Jim Newquist stated that other credit people will be called upon in future meetings to give their views on this vital subject.

-National Forest Producls Week October 16-22-

Georgic-Pocific Pine Mills Co.

Buys Pilor R.ock Lumber Co.

Georgia-Pacific Pine Mills Co., Inc., a wholly owned subsidiary of Georgia-Pacific Corporation, Portland, Oregon, l.ras purchased the Pilot Rock (Oregon) Lumber Co. Included in the purchase are approximately 100,000 acres of timber and timberlands, largely ponderosa pine, located in Grant, Morrow, Umatilla and Union counties, in eastern Oregor.r. In addition, the properties include a modern lumber plant and planing mills, dry kilns, and related logging and mill manufacturing equipment with an annual production of approximately 50 million board feet.

The purchase price amounted to approximately $1 1 and I million of which $10 and I million is payable over varying periods up to 20 years on a self-liquidating basis geared to the harvest of the timber.

Pilot Rock Lumber Co. produces principally ponderosa pine lumber, which is used in the manufacture of millwork, moldings, furniture, store fixtures, and a wide variety of industrial uses.

-National Foresl Producls Week October l6-22-

Georgic-Pqcific ond W. M. Ritter Srockholders to Vote on Merger

Georgia-Pacific Corporation has called a special stockholders meeting to vote on a merfJer of W. M. Ritter Lumber Company into Georgia-Pacific. The meeting is scheduled for Friday, September 30, and W. M. Ritter Lumber Company has called a meeting of its stockholders for the same date.

W. M. Ritter Lumber Company owns and operates eight hardwood band mills producing principally high quality Appalachian lumber.