Word: lumber
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Dates: during 1960-1969
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...shaken loose 2,600 lbs. of spare parts for failing trucks and bulldozers, procured vitally needed aluminum sections for the airstrip's 8,000-ft. jet runway, and made MCB 10 the only outfit on the base with a perpetual supply of beer, steaks, lettuce, tomatoes and lumber. In the past two weeks alone, Feddersen has turned up a truck engine, two electronic workbenches, 15 file cabinets, 35 electric fans, 1,000 lbs. of small automotive parts and 42 hickory-handled carnival mallets. "You're dead if you don't deal," he explains...
Millions from a Wedge. Why should Evans, whose only auto experience was a summer job as a teen-ager in a Chevrolet axle plant, want to move into such a thicket of trouble? Part of the answer lies in family history. Evans' father, a Virginia lumber dealer, made millions by inventing and manufacturing a wooden wedge to secure the wheels of autos shipped by train. He founded Evans Products Co., broadened it into one of the country's big suppliers of plywood and railroad loading equipment. Six years ago, the family lost control to West Coast Industrialist Norton...
...research staff from 274 to 700 persons, Bethlehem Steel in the last year has brought out a corrosion-resistant sheet steel cheaper than some alloys, devised a plastic coating to protect suspension-bridge cables from the weather. U.S. Steel has just introduced a spiral nail which not only fastens lumber more securely but provides up to 29% more nails per pound than the smooth-shank variety. And Crucible Steel last week announced that it will build the world's first plant, at Midland, Pa., to make stainless steel in a continuous liquid process from chrome ore in a blast...
Disqualified Buyers. On top of all that, builders are being hit by rising prices of such items as copper pipe, aluminum windows, lumber and plywood and, in some areas, by shortages of construction labor. The resulting cost increases, as well as higher interest rates, will disqualify some prospective home buyers because FHA will require proportionately higher incomes to meet the higher monthly payments. Six months ago, Miami Builder Ken Laurence was selling a $12,500 model with a total monthly payment of $74, including taxes and insurance; last week, with the interest tab up ½% and maximum FHA terms sliced...
...wreathmaker, funeral-insurance salesman, handyman, business manager, and hearse driver. He is also poor, and in Naples that means powerless. Caught without a chauffeur's license, he is slapped with a staggering fine and forbidden to drive. In debt for tobacco, rent, and worst of all, for coffin lumber, he limps through one hand-mangling day heaving shovelfuls of earth for a huge industrial corporation-and gets fired for incompetence. Employed in a sizzling restaurant kitchen, he is falsely accused of theft, gets fired again...