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Shdchoq Dwz?l'afia

Designe d l& Modern living!

not long since. She was in Mexico and in the shop of an old Mexican chair that she admired very much.

An

she saw a

She asked the price and he quoted her fifteen pesos. Fifteen pesos for that lovely chair ! I'll get a dozen of them for some friends, thought she. So she asked him how much for a dozen just like that one.

The old Mexican figured solemnly for a minute and then quoted her. He wanted fifteen pesos and twenty-five centavos each, for twelve like it. She was astonished. She was chagrined.

Why, she asked, would he sell her one chair for fifteen pesos, but charge considerably more if she bought a dozen?

He spread out his hands and pursed his lips.

"SO MOOCHA TROUBLE." he said.

Cqliforniq Stote Forestly Boord Gommemorotes 7 sfrr Anniversqry

The California State Board of Forestry met in regular session, September 30, in the auditorium, California Academv of Sciences. Golden Gate Park. San Francisco. Matters considered consisted of the approval of several alternate forest practice plans and appointments to various advisory committees. Special reports were made to the Board concerning the 1960 forest fire season.

The regular session was followed by an "Extraordinary Session" of the Board at the same location starting at2:00 p.m. for the purpose of commemorating the 75th Anniversary of the creation of the State Board of Forestry, the first such Commission to be established in the United States.

An appropriate program was arranged for the occasion with Dean Henry J. Vaux, School of Forestry, University of California, Berkeley, presiding as master of ceremonies. Addresses were presented by DeWitt Nelson, director, Department of Natural Resources, and Dr. William N. Davis, Jr., historian, State of California. The dedication of a commemorative plaque was made by Chairman Kenneth R. Walker followed by an acceptance on the part of Dr. Robert Miller and a conducted tour by Dr. Miller where the original Forestry Commission held its first megljng, in the California Academy of Sciences on April 1, 1885.

Georgio-Pqcific Corp. Concludes Rifter, Pilor R.ock Acquisitions

Portland, Ore.-Georgia-Pacific Corporation, in a special letter received by stockholders Oct. 5, reports that tlle merger of W. M. Ritter Lumber Company into the corporation was approved by the stockholders of both corporations on September 30 and became effective on October 3. The letter also covers acquisition of the properties of Pilot Rock Lumber Company in eastern Oregon, concluded on September 6, and states that both of these transactions will contribute significantly to the corporation's glowth, earning power and cash flow.

The Ritter merg:er brings to Georgia-Pacific about 300,000 acres of land, principally in Virginia and West Virginia, of which approximately 220,500 acres are timberlands of high-grade southern and Appalachian hardwoods.

The Pilot Rock properties, says the report to Georgia-Pacific stockholders, consist of approximately 100,000 acres of timberlands in and around Pendleton, Oregon, the timber being about 65le ponderosa pine. The related logging and manufacturing facilities have an annual capacity of 50 million board feet, and the cor?oration believes that this rate of production can be continued on a perpetual basis. The purchase price of the Pilot Rock properties was approximately $11.5 million, of which 910.5 million is payable over 20 years on a self-liquidating basis, geared to the timber harvest.

"Both of these transactions reflect and implement our policy of adding prime timber and timberlands to our reserves," the special report concludes, "and each enables us to obtain a further diversi- fication of our product lines-Ritter, with its reserves of natural gas and coal; Pilot Rock, with its ponderosa pine, our first ownership of this species in Eastern Oregon. Together, they bring Georgia-Pacific's timber reserves to about one million acres in fee ownership, on more than 9OVo of which we also hold all mineral rights. To these reserves we apply the most modern forestry techniques which, coupled with our research programs, give maximum utilization of each tree and assure the corporation's continued growth."

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