Word: lumbering
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...western edge of San Bernardino, Calif., just past the tight ranks of eucalyptus trees which shelter the city from desert-bound winds, Mayor James E. Cunningham this week helped unload the first lumber for a new housing project. It was one of this year's few U.S. developments of privately built homes intended primarily for Negroes (316 two-bedroom houses to sell for only $6,450 each...
...expecting an oasis and found none. They set out to build an artificial one. They dug wells with imported picks, planted imported palms and eucalyptus trees, cultivated lemon, orange and nut groves and a thousand and one foreign flowers, grasses and grains. They built with imported brick and lumber. They had no domestic material but sunshine...
Last week the new owner of the moldering phalanstery did not know quite what to do with his acquisition. He could always wreck it for the lumber. But he had an idea that it might become a tourist attraction: it seemed like the kind of thing a vacationing capitalist might spend two bits to inspect...
Loans Down. In the overall picture, the price cuts were part of what Manhattan's Guaranty Trust Co. called the "very moderate" recession. The sizable cuts were largely confined to soft goods, lumber, a few other commodities (in the futures market, May wheat hit a flurry of .selling which sent it down 6?) and such surplus items as radio-phonographs, which were cut up to 40% by Magnavox...
...coast, to cut the Shanghai-Canton railroad and encircle Shanghai itself. Another Red force, farther north, was thrusting toward Hangchow, 121 miles from Shanghai. The capture of Shanghai itself seemed near. Its main defense was a pathetic wooden fence, 35 miles long, fashioned from 10-foot stakes (originally UNRRA lumber). In the Shanghai-Hangchow area, 350,000 Nationalist troops were being pressed in a pocket against...