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Word: lumbering (lookup in dictionary) (lookup stats)
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...lumber mill produces a load of wood with a market price of $25; this price represents practically all the "value" that the mill has added to the raw timber by buying and converting it to lumber. On a VAT of 3% the mill pays the Government 75?. This cost, separately invoiced, is tacked to the price of the lumber, which is then sold to a cabinetmaker for $25.75. The manufacturer transforms the lumber into a cabinet, increasing its market value from $25 to $75. On the $50 value added, the cabinetmaker pays another 3%, or $1.50. When selling the cabinet...

Author: /time Magazine | Title: TAXES: The Simmering VAT | 2/28/1972 | See Source »

Salesman. The son of a lumber surveyor who died of alcoholism, Joey was a school dropout at 15. His first full-time job was as a reporter for a newspaper in St. John's. Smitten with socialism, he emigrated to New York City, where he wrote inflammatory stories for the socialist daily Call. Returning to Newfoundland in 1925, Joey became a labor leader and at one point "walked myself down to skin and grief" over 600 miles of railroad track to organize the section...

Author: /time Magazine | Title: CANADA: No More Hurrahs | 2/14/1972 | See Source »

First, there is lots of work involved in sawing down trees large enough to be used for lumber, but even after they are down, the stumps are still in the field and need to be bulldozed out. The land might need drainage ditching with plastic pipe or clay tile buried in the ground before it would be very productive...

Author: /time Magazine | Title: Letters, Feb. 7, 1972 | 2/7/1972 | See Source »

...garbage. And if all the trash in the city were treated this way, it would produce more fertilizer than the area really needs. But the company plans to expand operations, perhaps to 1,000 tons a day, and make and market other things-such as wallboard and artificial lumber-from garbage...

Author: /time Magazine | Title: Environment: Good Ideas | 12/6/1971 | See Source »

...average price of a new house including land is now $25,000, compared with $23,400 last year. Most builders see prices continuing to rise by 5% to 10% for each of the next few years, as a result of increases in the costs of land, labor and lumber...

Author: /time Magazine | Title: Business: The Big Buildup in Housing | 11/1/1971 | See Source »

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