Word: boarding
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Dates: during 1930-1939
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...Sept. 21, 1938, a tropical hurricane out of its orbit swarmed through New England like a banshee on a binge. From Long Island Sound to the tip of Maine it cut a swath 300 miles long, 100 miles wide. With its blast it felled 2,250,000,000 board feet of lumber. To get this average five-year cut into ponds, into neat stacks before bark beetles and fire took their toll, the Department of Agriculture's Northeast Timber Salvage Administration went to work. By last September it had bought 600,000,000 feet of hurricane timber from some...
...week came Northeastern Timber Marketing Association in a deal without precedent. For the sum of $14,400,000, the association agreed to take the entire 600,000,000 feet (95% white pine) off the Government's hands. It agreed to pay an average price of $24 a thousand board feet, to put up a $750,000 bond and $100,000 cash by Dec. i, to pay off in $800,000 quarterly payments over the next four and a half years. Limited to a profit of 20%, the association must split anything above that with the Government, which in turn...
...months; 3) that until the preferred was retired RFC should have voting control of the bank; 4) that all directors had to be approved by RFC. The most important result of the deal was that Jesse Jones's good friend Walter Joseph Cummings was made chairman of the board, salary $75,000 a year...
...problem of what to do with one glove after the other is lost. This week their patented answer went on sale at Manhattan's swank Mark Cross Co. (leather goods). It was a glove which looked like a hand's pattern jig-sawed out of a board. It is made by sewing an identical back and palm to a leather ribbon edge. Loose and easy on the open hand, it bunches a bit when the fist is closed...
Died. Isaac Fuld, 74, manufacturer (with his late brother William) of the Ouija* Board; of bronchopneumonia; in Baltimore, Md. Before the peak of demand, Brother William enlarged their factories, claimed their product had told...