OPEN FORUM

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6404 Hollywood Boulevard Hollywood 28, Calif. November 19. 1959

California Lumber Merchant

108 West 6th St., Los Angeles 14, Calif.

Dear Sirs :

I am attaching hereto copy of letter as sent to the Retail Lumber Association. Thgy have been advised that the copy is being sent to your office.

I.would appreciate your reviewing the letter carefully and give whatever publicity you deem proper.

With kindest regards, I am

Very truly yours,

PAUL E. KENT

PEK/dy

Mr. Orrie Hamilton lll West 7th St., Los Angeles, Calif,

Retail Lumber Ass'n of So. Calif.

Dear Mr. Hamilton:

There seems to be a growing trend, among some buyers, to disre- gard the terms of an invoice, particularly those from wholesalers, and payment made at the convenience of the buyer.

Over the past years, carload shipments have been sold on the basis of either "2o/o ADF. 10 days after date of invoice,', ot 2/o ADF S days after arrival of car." There are some buyers, however, that labor under the mistaken idea that they can deduct the discount for cash whenever they get ready ta pay the invoice. For the in-