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\TE ARE GLAD

to donate this spcce to advertise the grecrt Victory Locrn drive which wcs launched on Octobet 29.

hqve won the wcr, but this money is needed to linish the iob.

Richard A. Colgan, h. Appointed Executive Announcet Sale of All:ed Building Vice President of NLMA

' Richard Andrew Colgan, Jr., has been named executive vice president of the National Lumber Manufacturers As'sociation by action of the executive committee, George T. Gerlinger, president, has announced. He succeeds Dr. Wilson Compton who resigned January 1, 1945 to accept the presidency of the State College of Washington. Mr. Colgan will take over his new duties on or before December 1st.

The new executive officer of the association has been production manager, California timber and lumber operations for The Diamond Match Company at Chico, California. He is a vice president and director of the Western Pine Association and a member of that association's Forest Practice Committee for California. During the period from 1935 to 1940 he was a member of the national association's Conservation Committee.

IJorn in Berwyn, Pennsylvania, 1891, Mr. Colgan was awarded the B. S. degree in forestry by Michigan State College in 1913. During the summers of '12 and '13 he worked on fire control in the rvest for the U. S. Forest Service. For a short period after graduation he cruised timber for The Red River Lumber Company, Westwood, California, and was employed from 1914 to 1918 making surveys and forest rvorking plans up and dorvn the west coast for F. E. Olmsted of California. From 1918 until he joined'Ihe Diamond Match Company in l9ZO, he was forest assistant in wood research at the U. S. Forest Products Laboratory, Madison, Wisconsin.

His quarter century rvith The Diamond Match Company has been divided: two years in Idaho, six years in California, then ten years in charge of sawmill and logging operations at Stirling City, California, and finally seven years in his present capacity at Chico.

Under his direction. 218.000 acres of The Diamond Match Company's forest holdings in California have been placed under sustained yield management and the entire tract has been certified as a Tree Farm bv the Western Pine Association.

During the interim betrveen the resignation of Dr. Compton and the neu. appointment, affairs of NLNIA have been directed by Harry G. Uhl as acting manager and Henry Bahr as acting secretary.

Credits, Inc., Stock

Announcement of the sale of the entire stock of Allied Building Credits, Inc., is made by F. K. Weyerhaeuser, representing the associated Weyerhaeuser companies, w'hich heretofore held the stock.

The sale was made to Occidental Life Insurance Company of California, with which comPany it now has extensive business relations throughout the country, and its parent, Transamerica Corporation.

Allied Building Credits, Inc. has total assets of approximately $17,000,000.00. It was created ten years ago to provide merchandising assistance for lumber dealers through the purchase of installment notes and the making of residential mortgage loans.

Mr. Weyerhaeuser stated that a double purpose motivated the sale.

"First," he said, "Weyerhaeuser has accomplished its original objective of developing finance services to meet the needs of the lumber dealer and his customers. Having accomplished this objective we have now taken a step which we feel will enable Allied Building Credits, Inc., because of its closer association with Occidental Life Insurance Company to expand its activities to meet postwar demands in the construction industry. Representatives of the Weyerhaeuser interests will remain on the board of directors of Allied Building Credits, Inc., because of our continuing interest in furthering the use of installment selling in the retail lumber industry.

"Second," he continued, "the sale will permit the associated Weyerhaeuser companies to devote their entire attention and resources to the production and distribution of forest products. Now that the postwar era is here, we are planning to go ahead with long-range plans for the further development of our business, including the building of new plants."

W. A. King, executive vice president of Allied Building Credits, Inc., stated the firm would continue its operations throughout the country under its present management. Home office of the concern is maintained at St. Paul, Minnesota.

"Under our new auspices," said Mr. King, "'ive can not only maintain the most complete finance service of its kind in the building material and construction field, but 'rvill develoo other services to meet additional needs."

Los Angeles Hoo-Hoo Meeting

Dr. Richard Vollrath, renowned scientist and head of the Physics Department at the University of Southern California, gave an interesting talk on the highlights of atomic energy at the Los Angeles Hoo-Hoo Club meeting held at the University Club, October 16. There was a large attendance. President George Clough presided, and Bill Ream introduced the speaker.

Plans are under way for the Annual Christmas Party which will be held in December. There will be a golf tournament in the afternoon. and dinner and a Concatenation in the evening.

The following committees have'been appointed for the coming Hoo-Hoo year: Arrangements-Bill Ream, Ed. Bauer, Bob Osgood, Roy Stanton; Golf-Harvey Koll, Harold Hamilton, "Spud" Jordan; Membership-Roy Pitcher, Max Barnett, Fred Smales; Concatenations-Huntly Wark, Lloyd Miller, On'ille Stewart; Publicity-Dee Essley, Ed Martin.

Morley Drury With W. B. fones Lumber Co.

When Morley Drury was discharged from the U. S. Navy about two months ago, he joined the sales staff of the W. B. Jones Lumber Co., at Los Angeles. He is widely known in Southern California. Morley was a member of the University of Southern California football team during the 192526-27 seasons. He was one of the country's outstanding football players and was selected a member of the AllAmerican team.

Alter necrrly lour yecrs working lor Uncle Scrm, this comlxrny, which pioneered in plcnning cnd building modern kitchens, is once more in production lor civilicrn homes. Peerless is cgcin oflering prolitcble dealerships in modern kiichens, breaklqst rooms, rumpus rooms, etc. Get recrdy NOW lor home building, Ior home modernizing! For profitcrble inloruration, write to:

BTIIIT.IN FIXTUNE CO.

2608 San Pcrblo Avenue BENTEIEY 2, CALIFORNIA

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