Word: lumbering
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Dates: during 1930-1939
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...such items as $47,000,000 worth of steel, $48,000,000 worth of body-trimming material, $20,006,000 worth of tires, $10,000,000 worth of glass, $4,800,000 worth of paint and lacquer, $4,600,000 worth of grey iron, $4,000,000 worth of lumber. The Ford production will benefit transportation companies by some $100,000,000 to pay for freight carried by 236,000 inbound and 228,000 outbound cars...
Carloadings for the week ended Jan. 23 totaled 562.938 cars, a decrease of 10,338 from the week before, 152,536 lower than last year. All products shared in the decline except lumber, ore, grain, merchandise in less than carload lots. Despite this railmen were not discouraged. During the week they had time to figure out what last fortnight's 10% reduction would mean to them even on present small payrolls. Pennsylvania Railroad will save about $20,-000,000, New York Central $17,500,000, (See col. 3) Union Pacific $7,000,000, Southern Rail...
January failures were highest on record : 3.065 firms went under with liabilities of $266,172.000. Banks accounted for 290, tied-up deposits of $145,700,000. In receivership within the past month or with petitions pending were Ground Gripper Shoe Co., Long-Bell Lumber Corp. (TIME, Feb. 1 ), Western Steel Products, Ltd.. Ari zona Edison Co., Cuban Dominican Sugar Corp., Spreckels Sugar Corp. (TIME, Feb. 1), Cincinnati & Lake Erie Railroad Co., Multicolor, Ltd., Hamilton Gas Co., Hudson River Navigation Corp., Piedmont Utilities Co., American Equities Co., Texas-Louisiana Power...
During December Japan bought 1,244 automobiles and trucks against 300 in November. Iron, steel, and gasoline purchases were also heavier. Reports from Japan last week told of depleted lumber stocks (largely imported from the U. S.) and rising steel prices...
...unsaleable." Robert Long had come to Kansas City from his native Kentucky with $700, earned by doing farm chores and selling hickory nuts. All of his money was in the hay business and he wanted to get married. With his friend Victor Bell he peddled the lumber bought for hay sheds, recouped part of his loss. That was the beginning of Long-Bell Lumber Corp., world's greatest lumber concern under one ownership. Long-Bell grew to a company with $108,000,000 in assets. Yet assets do not always earn profits. Lumber has long been bad. Last week...