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NRTDA Boord

(Continuecl lrom Page 6) sity has officially designated a unit within its administrative structure as the Buildins Industry National Educational Center. The.objects of the Center are as follows: l. To develop instructional material for the industrv. (Outlines, text-material. instructional packages, transparencies and other visual aids; serve as a national clearing house {or local discussion groun and association program material. ) _

2. To operate training programs on the Purdue University Campus. iServe industry members in a fir'e hundred mile radius: function as a pilot operation to test out and refine materials. ) ul. 'fo encourage the creation of a national educational network for the industry. (Assist other universities, in cooperation with regional associations, to ofier programs-Item 2 above-using materials referred to in ltem l, ahove.J the has for

3. To prepare and operate correspondence courses for persons in the industry. (Specialized courses to serve the needs of personnel in particular positions.)

5. To train program instructors. (Industry and university personnel who will function in programs elsewhere-Item 4.)

The Founders, each of whom have contributed $5,000 to the Building Industr,v National Educational Center, are: Allied Concord l'inancial Corporation; Andersen (Bayport) Corporation; Armstrong Cork Company; Douglas Fir Plywood Association; Masonite Corporation; National Gypsum Company, National Retail Lumber Dealers Association; United States Gypsum Company, and W'eyerhaeuser Company.

September I 962 Conslruclion Expenditures Amount ro $S.9 Billion

The value of total new construction put in place in September 1962 amounted to $5.9 billion. according to preliminary estimates of the Bureau o{ the Census. [-. S. Department of Commerce. This amount was virt.ualll. unchanged from the estimate for August 1962, a seasonal pattern to lre expected at this time oI the year. With limited month-to-month movements around an all time peak level since June of this 1ear. total new construct.ion expenditures on a seasonnall,v adjusted annual rate basis have ranged between $62 and $63 billion. Spending for total new construction in September 1962 was 7 percent more than in September 1961.

'RIVATE CONSTRUCTION

New private construction expenditures in September 1962 amount,ed to $4.I billion. not appreciably difierent from the August 1962 estimate. Also on a seasonally adjusted basis. expenditures in September rvere almost the same as the August level. The value of work done in September 1962 was 9 percent greater than in September 1961.

Spending for construction of nerv private nonfarm residential buildings in Septemher 1962 amount€d to $2.3 billion, unchanged from the August 1962 estimate but l0 percent ahead of September 1961. Normally, a seasonal decline of alrout I perr:ent is erper:ted between August and September.

Pubtic Construction

Total rrerv pulrlic c'onstruction expenditures in September 1962 amounted to $I.8 lrillion. about thc sam('as the level lor August 1962. The seasonally adjusted figure-. also indicatt' no change. Spending for publir: construction in September 1962 was 2 percent more than in September 1961.

First Nine Months Of 1962

Spending for total ne$' construction in the first 9 months o{ 1962 amounted to $45.1 billion, 7 percent above the $42.2 billion spent in the comparable period of 1961. Corresponding values for major components of total expenditures were: total private construction $32.2 billion in 1962 and $29.7 in 1961, an increase of 8 percent; private non{arm residential buildings $18.5 Lrillion in lt)62 and $16.5 billion in 1961, an increase of 13 percent; total public i:onstruction erpenditures at $I2.9 billion in l962 were ,l percent above the .l961 level of $i2.5 billion.

7n,/ Sororite 5h,,7

: By Jl*'tr

},ionnn o

An Arizona Indian went into a lrank near the reservation, and asked for a loan o{ trvo hundred dollars.

"What have 1'ou got {or security- Chief," asked the hanker.

"N{e got tno hundred ponies." said the Indian. The deal was made and the note signed.

Sixty da,vs later the note was due, and the Indian walked in, hauled out a roll of several thousand dollars, peeled off two hundred, paid the note. stuck the roll back in his pocket and started out.

"Wait a minute Chief," said the banker, "how about letting us keep that roll for you?"

The Indian stopped. thought seriously for a moment, and then asked: ..YOU GOT ANY PONIES?"

CONDUCTED BY GEORGE SIDDALL*

Learn how to promote. design. finance and contract in the proiitable kitchen-remodeling field from one of the country's foremost authorities, George Siddall, during ong of CHIP National's 3-day schools in Covina, California.

Learn all the finer points' such as: drawing floor plans. design and -layout, selecting cabinets, follorving-up leads, handling the- customer, making isometrii' diawings, estimating, handling contracts and sub-contractors, making cost sheets, installing. building follow-up, displays, management and bookkeeping.

Schoois i.e tto* scheduled for December and January.

* George Siddoll is o groduole of: Advonced Course in Hordwore Reloilin!; Generol Elettric College of Kitchen Plonning; Hotpoinl ond Toppon-Youngstown Troining Courses; Building Supply News' School of Kitchen Merchondising; House Beoutiful Home lmprovemenl Monogemenl Troining Course; hos studied under Ari Johns. Ron Ringenberg ond Genevieve Young; hos sot on Notionol Insiitule of Wood Kitchen Cobinef ponels; hos o weolth of leoching ond conslruction experience.