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Age not gu!runteed---Some I have told lor 20 years---Some Lecr

His Golden Text

Every Sunday in the .Sunday school class. he attended, little Johnnie was called upon to write down some golden text for the day, generally one selected by the teacher or preacher.

Johnnie's father got home one Sunday morning from a business convention, bringing with him a number of mementos, badges, advertisements, etc., that they handed out at the convention display booths. One of these was a bright looking lapel badge, embossed with gold letters, and John-

New Size Pcnel For Forest Fiber Produds

Harold A. Miller, president of the Forest Fiber Products Company of Forest Grove, Oregon, announces that the company is now manufacturing and shipping Forest Hard Board in panels 3/16 ol an inch thick. It is also available in r/s and )( inch thicknesses. Sizes rang in multiples of two from 4x 1 through 4x12 and 4x16.

nie appropriated it and walked into Sunday school with it showing bright on his lapel.

Soon the teacher noticed it and said:

"Ah, Johnnie, what have you there?"

"That's my golden text for today," said little Johnnie, innocently.

The teacber bent down to read it, and her smile fairly turned to ice as she read:

..ATN'T IT HELL TO BE POOR.''

Fire Dcrmage $50,000 At Scn Bruno Ycrrd

Fire of undetermined origin damaged the yard of San Bruno Lumber Co., San Bruno, Calif., to the extent o{ $50,000, September 22. The mill, store and office, and a quantity of lumber were burned. Al Stockton, partner in the concern, stated that business ryould be conducted as usual, and that rebuilding would start at once.

Sash And Screen Door

Cosey Doors, of quolity conslruclion throughoul, hove honesl funclionql design, cleon oppeqlonce, long life, perfect weolher proleclion ond ventilotion conlrol. The sliding gloss sosh, locked on lhe inside when closed, is odiustoble lo ony desired degree of ventilolion. fhe glozed oluminum sosh is completely weolher proof ond is removoble. The screen, of 16-mesh golvonized, is held by only lwo lugs. Cosey Doors ore monufqclured to very exocl specificqlions from top quolity stock. With only reqsonqble core ond poinl proleclion, they give lifetime service.

Cl:nton Rysel tVith E. L. Reitz Co. New Red Book-Available

Clinton R11gel has joined the sales staff of E. L. Reitz Co., Los Angeles, and is calling on the trade in the Southern California territory.

Clinton is a graduate of the University of California at Berkeley, and also studied two years at the University's Law School. His studies' were interrupted by the war and he was a Lieutenant in' the Navy, serving four years. and he had 38 months of sea duty.

When the war terminated he went with his father, Dan Rygel, who is the owner of the Rygel Fir Mfg. Co. and the Dunsmuir Lumber Co., Inc., and worked up to the position of assistant general manager. The sarvmill has a daily capacity of 100,000 board feet for an eight-hour s\ift, cutting both Douglas fir and ponderosa pine, and also inclu<ies a planing mill, dry kilns and a cut stcck plant

About. two months ago, Clinton came to Los Angeles to represent the Rygel Fir Mfg. Co. and the Dunsmuir LumLer Co., fnc., and held this position until recently when he became assoiiated with the E. I-. Reitz Co. who will handle the sales of both mills.

Of interest to concerns selling to the lumber and woodworking industries including furniture manufacturers is the 136th edition of the Reference Book of the Lumbermen's National Red Book, Service. The Fall 1949 edition. just off the press, lists an unusually large number of credit and business status changes-a general indication of the times.

Besides the numerous credit rating changes, the nerr' issue lists many new sawmills and manufacturing concerns and other new ventures in the industry.

Now in its 73rd year, the Red Book. Service is used by lumber shippers and firms who market through retail lumber dealers, or who sell to the lumber, woodworking and furniture manufacturing industries. The specialized information is important to these firms as a source of credit information and for collection work. It is also widely used as a buying and selling guide.

The "Red Book,". as it is familiarly referred to, is published by Lumbermen's Credit Association, fnc., 608 South Dearborn Street, Chicago 5, Illinois. The New York Office is located at 99 Wall Street.

Chcrnges in Personnel

Don Murray has been named manager of the Forest Lumber Company at Lancaster. He was previously at the company's headquarters in Santa Ana. R. A. Timmons, former manager, will be associated with the company in Santa Ana.

Housing FHA Amendments Approved

\\,'ashington, Oct. 25-A four-month extension of FHA Title I property improvement loan insurance operations and a similar extension of FHA authority to insure rental housing mortgages under Section 608 of the National Housing Act are provided for in legislation approved by the President yesterday Commissioner Franklin D. Richards cf the Federal Housing Administration said today' The authorizations covering these two features of the FHA program \\rere previously scheduled to expire on October 31. In addition to authorizing their continuance through February 1950, the new act increases by $25,000,000 the amount of the net insurance liability that may be outstanding at any one time as a result of Title I operations. Further, subect to Presidential approval the aggregate mortgage principal that may be outsianding at any one timb urider Title II, on both 1-to 4-family homes and rental housing, is increased by $750,000,000, and that under Title VI by $500,000,000.

Provision is also made for payment of nonadministrative expenses of the agency from its insurance funds, subject to the limitation that such expenditures made in any fiscal year shall not exceed 35 per'cent of income from fees and premiums during the preceding year. The purpose of this provision is to permit the FHA to make adjustments in its operating staff and expenses required by fluctuations in the volume of insurance written from year to year.

The Federal Reserve Act is amended to permit national banks to make or purchase mortgages insured by the FHA under Title VIII of the National Housing Act' These mortgages cover rental housing for use by military personnel.

Field offices of the FHA throughout the country have been notified of the provisions of the new act affecting FHA operations, Mr. Richards said. Amendments to FHA administrative rules and regulations made necessary by these provisions will be in the hands of field offices and lending institutions within the next fer'v days, he added.

New Machinery Distributors

James C. Rowney and Jack M. Toedt, well known in the woodrvorking industry in California, organized the firm of Rorn,ney & Toedt, 600 16th Street, Oakland, a few months ago, to specialize in the sale of woodworking and sawmill machinery and equipment.

Among the lines they rvill represent from the Kern County line north to the Oregon line are the G. M. Diehl Machine \\rorks, Wabash, Ind.; Newman Machine Co., Greensboro, N. C.; $uss Machine \\rorks, Holland, Mich.; Berthelsen Engineering \\'rorks, Joliet, I11.; Star Machinery Co.. Seattle: B. M. Root Co., York, Pa. ; American Sarn' Mill Machinery Co., Hacketstown, N. J.; Moak Machinery & Tool Co., Port Huron, Mich.; Lewis T. Cline Co., A1pena, Mich.; The Oaklay Co., Bristol, Tenn; Salem Machine Works, Rockford, Il1.; California Engineering & Machine Works, San Francisco; Columbus Machinery & Engine Corp., Hamilton, Ohio.

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