Word: lumber
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Cosmopolis is only one of many logged-out forest towns throughout the U.S. where lumber companies are stirring into new life, inspired by the technological changes that have put the long-depressed forest industry up among the nation's fastest-growing industries, along with oil and chemicals. Woodsmen have learned that lumber is among the least of the tree's end products. The industry now squeezes marketable products from as much as 75% of the tree v. 30% in 1935. It has developed more than 4,000 wood derivatives, which are being used in an ever-widening range...
...start with. On the U.S. Department of Labor wholesale price index, steel prices between 1939 and April 1956 rose 131%. about the average for all commodities. However, many industries where demand was also high got much bigger price boosts, e.g., nonferrous metals went up 195%, lumber and wood products 305%. Furthermore, as Republic Steel President C. M. White points out, the industry's net income in relation to its worth has usually lagged well behind other industries. As one result, says White, steel stocks have a market value of only eight to ten times earnings, while chemical stocks sell...
...Tireless Estes, our clowning campaigner, has restored my faith in human nature and my fellow men. Seldom does a candidate advertise his weaknesses so candidly as the sign on the old lumber wagon ["Please Help a Poor Candidate"]. May not a poor candidate be a poor President? FLORENCE M. FLYNN Pepperell, Mass...
...richly lugubrious style. To the jukebox generation the words were all but meaningless. Yet, as late as the 1920s, the ballad's bitter plaint was a real-life refrain to millions of U.S. workers from Georgia's green-roofed cotton villages to Oregon's bleak lumber settlements. Those workers had lived, like Composer Merle Travis' coalminer father, in company towns-drab, depressed communities where the worker traded at a company store,* rented a company house, was watched by company cops. Today company towns are still flourishing in the U.S. But the towns, and the tune, have...
...country's largest underground mine) with ski tows, a $31,700 youth center, a $106,000 recreation hall with bowling alleys, library, target range and gymnasium, a $128,000 skating rink and a TV booster to bring in programs from distant stations. Crown Zellerbach Corp., which runs three lumber company towns in Washington and Oregon, concentrates on youth activities, allots timberland tracts to Boy Scout troops, awards college scholarships to company town children...