Word: lumber
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Dates: during 1960-1969
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...more important economic point is that regardless of the resources of the wild regions, the country's lumber, mining, and grazing needs can easily be met by other lands now open to commercial use. In 1961 commercial tracts in the national forest grew about one billion more board feet of lumber than was cut. Existing mines are able to produce excess supplies of almost all indigenous metals and minerals. Finally, an Interior Department study has shown that proper management of present grazing lands could yield in fifty years a 250% increase of forage...
...turn of the century, Houston was an unpromising backlands town. Then, in 1915, after the ship channel was dredged, the Port of Houston was opened, and the city became a busy cotton and lumber center. It now ranks as the third largest port in the U.S. (behind New York and New Orleans). In the 1920s, oil discoveries near by set off an oil boom that has never ended. When the U.S. war machine needed rubber during World War II. Houston turned to the area's oil, salt and sulphur resources and built massive petrochemical plants to produce synthetics...
When housing does well, so do a lot of other industries: steel, lumber, glass, appliances and furniture. So far in the '60s, housing has proved a disappointment. As the spring home-buying season opened in earnest last week, the figures for housing starts in January and February showed only a 3% rise over the same months last year, a disappointing gain that is being blamed on a hard winter. But there are portents of better things to come. Permits for future building jumped 8% in the two months, and FORTUNE'S semiannual survey reports that builders plan...
...would be fun "to get together and play some." The Sorta 40s play for dances, and turn their fees over to charity-as does another Atlanta outfit called The Seventeen, which includes three architects, a doctor, an investment counselor, the plant manager for a box factory, an engineer, a lumber company vice president and an adman...
Canadian lumbermen using lower-cost foreign ships walked away with U.S. lumbermen's East Coast business, and Canadian softwood lumber exports to Puerto Rico have increased seventyfold since 1951 while the Pacific Northwest's share shriveled to nothing. Finally, in a desperation move to save the lumber industry, Congress last year amended the Jones Act to allow lumber to go to Puerto Rico on foreign bottoms for a one-year trial period...