Y STOCK

WHOIESATE DOUCtAS FIR PONDER,OSA AND SUCAR PINE

NEWPORT BEACH, CALIF.

IHPA M'eets in L. A.,5. F.; Weston, Porker Give Tolks

More than 30 San Francisco members of the Imported Hardwood Plywood Assn. and guests attended the r-egular September luncheon and heard a very efiective talk by Tom Parker of M. S. Cowen Company on the services performed by the importer in the purchase and sale of imported plywood.

The Los Angeles area members and friends held their second IHPA luncheon meeting, Sept. 12, at the Chamber of Commerce. Robert J. Weston, general manager of the Bellwood Company, major door manufacturers, was the featured speaker. FIe intelligently discussed the present door market, detailing how the door manufacturer must develop a formula for materials-cost to arrive at selling prices. The problem, as he explained, becomes most dif- ficult when skin prices fluctuate rapidly. After a discussion period which followed, Chairman John Osgood announced the next meeting for October 13.

ll4,loO Housing Srorts in July

-National Foresf Producis Week . . October I6-22-

Work was started on 114,100 housing units in July 1960, according to preliminary estimates of the Bureau of the Census, in comparison with the 149,700 units started in July 1959. Privately owned housing starts totaled 110,400 units, representing a seasonally adjusted annual rate of 1,173,000, down almost IO/o from the estimated annual rate of 1,298,M in June, and 26/o below the July 1959 seasonally adjusted annual rate of 1,578,000.

Nonfarm housing starts in July amounted to 112,300 units, almost 13,000 below June and 23/o below luly 1959. Privately owned nonfarm starts numbered 108,600 units.

-Nafional Forest Products Week . Ocfober 16-22-