Word: bd
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Edward Robin: Adams; House Comm., Treas.; U.N. Council, Exec. Bd.; HYDC, Treas.; UN Collegiate Council, Mass. Chair...
...lumbermen will pry valuable industrial products from more than 2 billion bd. ft. of left-over wood (enough for 200,000 homes) that would have been abandoned ten years...
...Million in Chips. The forest industries have been forced to branch into new products as per-capita lumber consumption has dropped (down to 256 bd. ft. in 1955 from 504 in 1904) and timberland prices soared (up as much as 1,700% in 18 years). Many companies have also diversified to make full use of their tim ber reserves, e.g., western alder, long bypassed when redwood and Douglas fir forests were logged solely for lumber, is now widely cut for wood pulp...
Many companies are merging to assure long-term lumber supplies. Georgia-Pacific last week took an option on a "substantial majority" of stock (at $310 a share) in California's Hammond Lumber Co., thus gained control of 3.5 billion bd. ft. of timber. Biggest merger yet is now being negotiated by International Paper Co., biggest U.S. papermaker, and Kansas City's Long-Bell Lumber Co., No. 2 lumber producer (after Weyerhaeuser...
...railroads, few have branched out into more off-track business than the Southern Pacific. It runs a 22-acre produce market in Los Angeles, sold 47.5 million bd. ft. of timber from its 430,000 acres of tree farms last year, has a corps of drivers who pick up every General Motors car produced in California and deliver it to dealers. It was one of the first railroads to start a bus line; it has more truck-line routes than track mileage, and it has even tried to sell airline tickets at its whistle-stop stations. Last week the Southern...