Word: lumbering
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Dates: during 1950-1959
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Most trunk lines will ask for increases on all but about 30 of 256 commodities. Coal will probably get hit, and the Western roads want higher rates for their eastward shipments of farm goods, lumber and lumber products. Even the 25 Class I Southern roads, which have traditionally rebelled against stiff rate increases for fear of losing business to trucks, plan to join in the request, even though they may not seek boosts for pulpwood, tobacco, alcoholic drinks. Finally, all the rails are expected to petition for higher charges for loading and unloading export-import freight, and for permission...
Empty Words. In Dallas, burglars broke into the Lee Slaughter Lumber Co., failed to heed a sign reading "This safe is not locked," worked hard to force the safe open, found nothing but papers...
PACIFIC NORTHWEST is battling worst economic decline in decade. Lumber sales and prices are off from last year, fishing industry is smarting from Japanese competition and lower U.S. consumption, and payroll at Boeing, area's biggest employer, is being trimmed. Washington State unemployment is up 43% from last year. Fighting back, Washington, Oregon governors are forming development commissions to attract new business to depressed area...
...Amateur championships nerving himself up to proper pitch. He sprayed his drives, flubbed his putts. Somehow, he managed to hang on. All around him, as they almost always do in the amateur championships, amateur hot-shots stumbled and fell. Billy Joe Patton, the hard-hitting Carolina lumber dealer was cut down in the second round; last year's runner-up, Charles Kocsis, was bumped in the fifth; Willie Turnesa, winner in 1938 and 1948, lost a 24-hole marathon to an unknown Florida insurance underwriter named Jack Penrose. Just as he began to get his game under control, Robbins...
...makes the inflationary spiral particularly crippling is that carloadings, the bread and meat of railroading, have fallen 2.9% up to mid-August, partly reflecting some tapering off in the economy, partly bad weather (floods and crop failures). Livestock and products, though only a small part of loadings, dropped 24.5%; lumber and other forest products, hit by a decline in housing starts, were down 12.9%. Coal was down 1.1%, merchandise shipments of less-than-carload quantity down 8.7%. Most important, the miscellaneous category that includes almost all U.S. manufactured goods and makes up roughly 50% of all loadings dropped nearly...