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Cnntow CoI*PANY
months to pay the biLlance. Group B is the household group including stoveli, ranges, dishwashers, ironers, refrigerators and food freezers, washing and clothes drying machines, air conditioners, radio and television sets, sewing machines and suction cleaners, all designed for household use; on this group the down payment is 15 per cent minimum with 18 months to pay the balance. Group C is household furniture an<l furnishings, on which the minimum down payment is 10 per cent with 18 months to pay balance. Group D covers residential repairs, alterations, and improvements, including materials, articles, and services, previously mentioned, on which the minimum down payment is l0 per cent, with 30 months time limit to pay the balance. Delails can be had from any Federal Reserve Branch Bank.
Another immediate outgrowth of the new Defense Production Act was the ,:stablishment of the National Production Authority in the Commerce Department at Washington, presided over by Secretary Charles Sawyer, and created for the purpose of administering priority, allocation, and inventory controls delegated to that Department by the President. Secretary Sawyer appointed William Henry Harrison to the office of Administrator of the new NPA. Mr. Harrison is president of the International Telephone & Telegraph Corporation, from which he takes leave of absence for the duration of this assignment.
Shermqn Bishop Tclks
On Tree Farms
Sherman Bishop, general manager of the California Red'ivood Association, San Francisco, talked to members of the Kirvanis Club of Watsonville, Calif., recently on "Tree Farming in the Redrvood Region." He stressed the point that tree farming is open to any owner of any sized acreage, in any speciqli.
Man learned how to make paper from wood by watching the u-asp.