Normqn frloson Tells CREA Of New FHA Processes

Floyd Lowe of Palo Alto was elected president of the California Real E,state Association for 1955 at its golden anniversary convention held in San Francisco last month. The CREA now has a membership of 18,500, largest of any such organization. The convention was attended by 4,000 realtors.

Predictions of record construction and housing rehabilitation activity as a result of the nerv Housing Act o{ 1954 r,vere made to the delegates by FHA Commission,:r Norman P. Mason at a convention banquet, his first ofticial appearance on the Pacific coast as commissioner.

Immediate relaxation of FHA appraisal requirements on a major class of home loans rvas promised by Mason. He said the nerv policy was necessitated by heavy homebuyer demand created by the Housing Act of 1954, n'l-rich lowered dorvn payments and extended FHA loan terms.

Other new steps Mason described to expedite FHA processes were (1) in subdivision approvals, a prior commitment for loan insurance will be made based on a typical home plan, subject to final approval of the amount ,.rf insurable loan, so that plans can proceed lvithout ar,vaiting final FHA approval; and (2) deposits on property may be accepted and the option of the buyer to rescind may be eliminated by writing into the deposit receipt an estimate of the appraisal of the value of the property for FHA loan insurance purposesif the FHA appraisal equals or exceeds the value, the deposit is not rescindable.

TvyO TREMENDOUS MARKETS ASSURE YOU BTG PROFITS

THE PERFECT REDWOOD FINISH !

o Mode only of heot-treoted pure oils.

o ls FORTIFIED with SRO-101 to protect the noturol beouty of Redwood from destructive sunroys, roin ond weofher.

o Contoins no rosin.

o Leoves o strong duroble film which exponds ond controcts without crocking.

o Perfected ofter 10 yeors of supplying the best Redwood Finishes to 1000's of sotisfied users.

By the Mqnufqcturers

of Royol Dutch Plostic-Spor.

Order Now-"REDWOOD Finish Fortified." Bbls. 5 Gal. Gol. Quqrts Pints

- - Buy direct qnd sqve - -

SECURITY ROYAT DUTCH PAINT MFG. CO.

162l No. lndiano Slreef, los Angeles 63

Telephone: ANgelus l-0358

Stock up on FIR-TEX Insuloting Boord, Plonk, Tile, ond prolit lrom two big mqrkets. Builders crnd contrqctors vclue FIR-TEX money-saving eqse ol instollotion, the insuloting quolities, versotility ond lullillment ol most exocting construction demqnds. Home owners in the vost "do-it-yoursell" mqrket lind eosy-to-use, economiccl qnd qttrcctive FIR-TEX is the qnswer to remodeling jobs to linish ottic qnd recreqtion rooms.

FIR-TEX Insuloting Bocrrd. Plcrnk, ond Tile ore durobly rugged, qnd qre ecrsily opplied by one person, skilled or qmqteur. Lightweight, they con be worked with ordinory tools without mess or costly wqste. They provide heat cnd sound insulotion crnd lurnish pre-sized, prepointed surlcrces. They ore heovily in demqnd for wqlls crnd ceilings.

DrR"llult

I rrgurATtltc

BUI IDI lIG BOARDS

IIAROB(lAROS lot Every Purposc FIR.TEX HARDBOARO Producls ore loborofofy tested, scienlificolly produced boords thot yithstond obrosion ond weor, U5e where hord. dense ponels ore needed for ,nterior or exterior use. Work with ordinory lools.

AC()USTICAI. IILE lor Conrrcl of Sound F R.TE X ACOUST CA I Tll.E is scientificolly engineered to (onlrol sound wilhin o room by obsorbing reverberofion ond shochimpoct of noiseslondord or cosuol pottern, finished to odd beouty ond inierest lo ony de<or

Five Mistqkes in Life

1. The delusion that individual advancement is made l.ry crushing others down.

2. The tendency to worry about things that cannot be changed or corrected.

3. Insisting that a thing is impossible because we ourselves cannot accomplish it.

4. Attempting to compel others to believe and live as we do.

5. Neglect in developing and refining the mind by not acquiring the habit of reading fine literature.

Officer, Do Your Dufy

Policeman-"Judge, this man is arrested for being drunk and disorderly."

!1snl-"Jour l{onor,'Man's inhumanity to man makes thousands mourn;' I'm not as debased as Swift, as profligate as Byron, as dissipated as Poe, or as debauched 29 -.,,

Judge-"That'll do. Thirty days. And officer, if you see them othere., run them in, too. They're as bad as he is."

The Moin Schedule

Time comes winging, whispering: "What about the years?

What about the darkness as the coming sunset nears?"

To which I have one answer, when all I have to say Is-"Never mind about the years-what about today?"

Time comes winging, whispering: "FIow the years go bv!

What about the twilight where the shadows hide the sky?"

Yes, the mists are gathering, Time is on the way, But never mind about the years-what about today?

Time comes winging, whispering: "The frost is in your hair;

The heavy mists are closing in where shadows only fare." Who bothers with the distant drum, or winds along the chart

If winter snows be on his head when spring is in his heart?

Grantland Rice

Moking Your Own World

The man who thinks the world is full of good people and kindly blessings is much richer than he who thinks the contrary. Each man largely peoples the world for himself. Some men live in a world peopled with princes of royal blood; some in a world of paupers and privation. You have your choice. To our moods the world is a looking glass. It smiles back at us if we smile; if we frown, it frowns.

Don'f Worry

Don't worry if your job is small

And your rewards are few;

Remember that the sturdy oak

Was once a nut like you.

The Wooden Axe Hcrndle

Why has the axe a wooden handle? As a matter of fact it would cost much less to equip an axe with a handle of various other materials-steel tubing, for instance. But these other materials, lacking the resiliency of wood, cannot absorb shock as wood does. The shocks would be transmitted to the hands. The wearing qualities, strength, and shock absorbing qualities of wood make it the perfect handle.

Dissqtisfoclion

Dissatisfaction with one's lot is the lever with which handicaps may be lifted, the motive power with which horizons may be pushed back, the food on which both mind and soul may grow to undreamed-of-dimensions, reaching even unto the infinite. Few are the dissatisfied people who are not in some measure benefited by contact with education, with culture, and refinement. From contact with these comes the wish to make more of life, not in the sense of accumulating mere things, but through appreciation of the high value of things unseen.

Wm. F. Bigelow

They Hcrve ttGive Intt

Mose-"Ah sees de ladies has finally give in."

Sam-"Whut you mean, give in?"

Mose-"Ah sees a sign down de street-'Ladies readyto-wear clothes'-dey mus have give in."

A Troubqdour's Proyer

Sweetheart, our life's a-wing, And youth's the time for mating, Where were the nests of spring, If birds were all for waiting?

Old age may chide the kiss

That found your moon-lit shoulder; But youth must seize its bliss, And age comes-when we're older.

If love be a dream that dies, Let day be far from breaking!

Cherish the faithful lies

That seal our eyes from waking. If all our heaven depart, With dreams that are but seeming, Then, let us dream, sweetheart, Till death, and die in dreaming.

Alfred Noyes

Wholesale Lumber Distributors

IIEWARK, CAIIT.

r REDWOOD C.R.A. GRADES r' REDWOOD SIDING . K.D. r PHIIIPPINE MAHOGANY

I/ PONDEROSA PINE

I/ SUGAR PINE r DOUGTAS FIR qnd WHITE FtR

I- MOUIDINGS . JAMBS r CASING SETS

T/ READYMADE FENCE

Ir' REDWOOD.WEAVE FENCE PANELS r CEDAR