Word: lumbering
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Dates: during 1950-1959
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...General Sherman sequoia, reputed to be "the oldest living thing on earth" (some 3,500 years) and largest of all trees, is 272 ft. tall and 101 ft. in circumference, weighs 2,150 tons (155 tons for the foliage alone) and contains 600,000 board feet of lumber-enough to build a whole town...
...Zellerbach. which hopes that research done in its new lab will turn up more Cinderellas in the forest, is not the only company trying to find new products from the more than 50% of a tree now wasted. Almost every month new products come out of the laboratories of lumber and paper companies. Among them...
...lumber-jacketed Wobbly...
RUSSIAN-JAPANESE TRADE has flopped so far. Though Russia and Japan signed an $80 million trade agreement last summer, year-long negotiations have produced only $9,000,000 worth of firm contracts, mostly for Russian coal, lumber, manganese and chrome, in exchange for Japanese wire rope, tugboats and fishing vessels. Reasons for the failure: high Red prices (20% higher than international levels), uncertain delivery and complex payment systems...
Burst of Prosperity. The uranium rush burst two years ago upon the declining old lumber town of Blind River, Ont. (pop. 2,500) with the news that Toronto Promoter Joseph Hirshhorn (TIME, Feb. 21) had quietly staked 1,400 claims covering 56,000 acres of choice mining prospects. On the map, Hirshhorn's claims formed a giant Z with its horizontal bars 30 miles apart. Within weeks, other prospectors poured in feverishly to stake another 8,000 claims. Land prices soared; Blind River's four "beverage rooms" added new tables, took on hefty waiters able to cope with...