Word: lumbered
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...December rise, reflecting mainly higher cost of food, medical care and rent, amounted to only 0.2% over the November level-one of the lowest in creases in 23 months of inflation. But rising wholesale costs of such items as metal and lumber will continue to ripple through the economy in higher price tags on consumer items...
...these efforts have helped raise U.S. Steel's share of the market a bit-from a low of 23.5% last year to the current 25%. Meanwhile the company has diversified fairly rapidly by expanding its petrochemical operations and by venturing into such varied fields as aircraft leasing and lumber products...
...Lady Bird Johnson strolled through the cathedral-like majesty of the redwood country of northern California. Pausing at the base of a 657-year-old giant, she placed a plaque designating the 27,000-acre Redwood National Park, a project that has pitted the Government and conservationists against private lumber concerns that have been felling great swatches of the dwindling redwood stands. "This is the crowning moment of a crusade that has lasted two generations," she said. "It would be a tragedy if tomorrow's tourists find a repetition of yesterday's mistakes: neon strips and honky-tonks...
...Share of the Profits. Inflation plays a widely overlooked role in the swing to apartments. The rising cost of land, labor and materials (lumber prices have soared 30% this year) has driven up the total price of for-sale homes in many areas much faster than rents have climbed. Labor Department figures show that the cost of renting in the Los Angeles area, for example, has risen 12% since 1960, while the cost of home ownership has gone...
Even the more liberal Southerners sometimes fall into the "Unqualified Nigras" trap. "I wouldn't mind hirin' some of the nigras," a lumber-yard owner said last summer, "but I just can't find any who know how to do the work. They just can't read and learn the job or work steady...