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About Eugene register-guard. (Eugene, Or.) 1930-1983 | View Entire Issue (March 13, 1963)
EUGENE REGISTER-GUARD, Wed., March 13, 1963 Page 3B ,-..,c Business Beat . - DFPA Starts Home Plan By BOB NEWCOMB Of the Rtglster.Giurd A pilot program designed to offer "compact" houses for sale complete with financing arrangements has been started in Washington and Oregon by the Douglas Kir Plywood Assn. (DFPA). Under the program, five homebuilders including Bl-F Homes, Inc. of Eugene have been selected to construct a number of model homes using an unusually large amount of plywood. And the finished units then are offered for sale under special financing arranged through the Pacific First Fed eral Savings & Loan Assn. According to an announcement by the DFPA, the goal of the program is to find a way to "unlock the low-cost home market. "Housing authorities," it says, "say that if builders could offer houses that sell for only $1,000 under the general mar ket in their areas, nation-wide starts could be increased by 200,000 units a year." Frank H. Cocn, president of B&F Homes, said his firm will start construction in about a week of four model compact homes in Springfield, on Olympic Street between 10th and 11th strets. Pacific First Federal has set aside $2 million for the pilot program, according to the DFPA announcement. Loans to buyers will be made at 90 per cent of appraised value with the DFPA guaranteeing the top 20 per cent of the loans. Terms will be 6'A per cent interest over 20 years, providing for low down payments, low monthly payments, conventional inter est rates and no discount for the builders. ASSOCIATION REORGANIZED The Eugene Quality Trav elers, an association of representatives of firms calling on the grocery trade, has been reorganized, with officers elected. Al Katter of the Carling Brewing Co. is president; Cal Rainey of the Carnation Co. is vice president; R. P. Hofmann, of Hallendcr-Seeley, treasurer, and Tom Elliott of Kimberly Clark Corp., secretary. All interested persons are invited to attend the regular no host breakfast meetings, according to Elliott, scheduled for the first Monday of each month. The next meeting will be at 7 a.m. at Hamburger Heaven, Eugene. PROMOTION MANAGER WINS Paul Becker, merchandis ing and promotion manager for Oregon Triangle KVAL-TV (Channel 13) Television stations, has been named a winner in the fifth annual NBC-TV promotion managers awards contest. Becker was one of only 20 promotion managers so honored throughout the country and the only one named from a West Coast Station. Top entries from NBC affiliate stations were judged by five leading advertising agencies based in New York. Becker, who resides in Eugene, has been with Triangle Television since 1961. RUTH-LATHROP ELECTRIC IN BUSINESS A new elec trical firm, RuthLathrop Electric, Inc., has opened at 296 E. Fifth Ave., Eugene, specializing in industrial, commercial and residential wiring. Principals are Don L. Ruth and Loran M. Lathrop. Lathrop serves as president, Ruth as secretary-treasurer. Both formerly were journeymen electricians with Hamilton Electric in Eu gene 13 years for Ruth, more than six for Lathrop. Before that Lathrop was employed for five years with Harbor Plywood Co. at Riddle, Ore. Ruth and his wife, Gay, and their two sons, live at 2655 Central Blvd. Lathrop and his wife, Simona, and their two sons, live at 360 W. 27th Ave., Eugene. BUILDING NEARS COMPLETION A new $125,000 office and apartment building at 1750 Willamette St., Eugene, is nearing completion by Eugene Contractor Aage Toftemark for the owner, V. A. Baker of V. A. Baker Realty. The three-story structure was designed by Western Engi neering Consultants. The 100-by-33-foot building will house the Baker real estate office, a certified public accountant's of fice, and two bachelor apartments on the ground floor. The two upstairs floors will make up a single residence. MANAGER NAMED Marvin E. Morgan, quality control and inventory supervisor at Georgia-Pacific Corp.'s Springfield sawmill, has been appointed manager of a new division of a Jones Veneer and Plywood Co. at Alameda, Calif. Jones Ve neer is a G-P subsidiary. Succeeding Morgan will be Donald S. Bond, former night mill foreman at the Springfield sawmill, according to J. O. Dixon, sawmill manager. The new Alameda division of Jones Veneer has acquired a location at dockside at which mahogany lumber it imports from the Philippines will be dried, graded and shipped. FINISHES TRAINING COURSE Louis H. LaCheck Jr., an agent for State Farm Mutual Automobile Insurance Co., Eugene, recently completed a four-week training course in policy con tracts and claim serving at the firm's home offices in Blooming ton, 111. VIK NAMED DELEGATE Trygve S, Vik, Eugene con tractor, has been elected a delegate to the 1963 convention of Lutheran Brotherhood, a fraternal life insurance society. He is one of 250 selected as delegates to the convention to be held May 18 in Chicago. Delegates will elect five directors to 12-ycar terms and will tran"ct other business. OREGON DIVISION MANAGER NAMED Herman Gcr hardt, who has been manager of the engineering and new prod uct development division of the Edward Hines Lumber Co. at Hood River, has been named manager of the firm's Oregon Division, according to Howell H. Howard, executive vice presi dent. VOS TO ATTEND CONVENTION Clarence H. Vos, Eugene plumbing and heating contractor, has been selected to repre sent the State of Oregon Plumbers Assn. Thursday and Friday at the Western Mechanical Conference in Las Vegas. The conference will he attended by contractors from all states west of the Mississippi. GENERAL AGENT WITH WESTERN LIFE Robert G. Nelson of 2749 Jefferson St., Eugene, has been appointed gen eral agent in the Eugene area for Western Life Insurance Co. of St. Paul, Minn. Insurance Co. Nelson formerly was with the Prudential CAL ROOF OPEN HOUSE Cal Roof Wholesale. Inc. of Eugeni held a public open house Saturday at its new location, 720 Wilson St. in the Eugene Industrial Park. Jacob Twersky, vice president and manager, said the firm moved Feb. 11 from its former location at 1865 W. Sixth Ave. The new 30,000 square-foot structure was built by Vik Con struction Co. for owner Kenneth Gilbert. Total cost of the project including land and building will be between $160,000 and $170,000, Twersky said. Cal Roof's pre-hung door plant, formerly situated in Spring field, now is in the new building, along with offices and stor age areas. Cal Roof also has offices and outlets in Portland and Salem. Boeing Reports Earnings Drop SEATTLE im Boeing's net profit showed an $85 million decline last year to $27,154,000, equivalent to $3.40 a share, the company reported at a direc tors' meeting this week. This compared with earnings n $35,661,000. equivalent to $4 47 a share, in 1961. President William M. Allen said a drop in deliveries of com mercial jet airliners and high research and development costs in the 727 trijet transport and 107 helicopter programs ac counted for the lower profit. Allen said unfilled orders at the end of the year total $1.62 billion. New Courthouse McMINNVILLE tfi A new $789,000 Yamhill County court house got under way Tuesday. It will replace a courthouse built in 1888. The new one is to be completed by the end of 1964. THIS IS A 1IOAT MOSAIC TILE Exciting new hobby ' See big selection at McDaniel Lumber Co. 240 Rivtr lid. L)l 5-3.185 1 Register-Guard Want Ads Bring Fast Results ALL NEW! .... Pay 'n Takir Market 1410 MOHAWK BLVD. SPRINCJKIKI.n . . . NEXT tu niK sum: RACK Color It a happy blue. That's because when plumbing problems flood your house you won't be blue, but we'll be happy when you call DI 4-6225 R. H. 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