Word: lumberingly
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...that, the price increases have been scattered and without any ominous pattern. Some industries, such as chemicals, have had to rescind price increases because the market would not bear them. Though increases outnumber decreases, there have also been numerous price declines, for example in fuel, lumber, industrial pumps, electrical circuits, color TV sets. The wholesale price index, though an imperfect indicator, has stayed flat for many months. The more sensitive index developed by the National Bureau of Economic Research has been rising, and the consumer price index has been rising steadily too - but at a pace that economists consider normal...
Scandinavia's smallest, most thinly settled population (3,600,000) is in Norway, a beautiful land that is 75% lakes, mountains and glaciers. To sustain its people, Norway exports lumber products, aluminum and 90% of the catch from rich fishing grounds such as the Lofoten Islands. But the nation's most vital resource is its merchant fleet. With 2,833 freighters in operation, Norway has more tonnage afloat than the U.S. One man who controls much of Norway's shipping is Niels Onstad, who lives in a spacious white mansion outside Oslo with his wife, onetime Skating...
...imposing order on his violent little land, he has been able to push new roads through the hinterland to the Bolivian, Brazilian and Argentine borders. Following behind the bulldozers are settlers, clearing and cultivating the 40,000 plots of unused government land that have been distributed to peasant families. Lumber, beef and leather are growing businesses. Last year exports climbed to $40 million, highest since World War II, while imports fell enough to give the country its first trade surplus in five years. The cost of living rose only 1.1% last year v. 26% in neighboring Argentina...
Quite a Lot of Gas. At one time, the public did not need to be wooed. The materials that went into a house were dictated mostly by what was most readily available, whether it was lumber, brick or stone; without question, the plumbing was galvanized pipe, the floors wood, the foundation concrete. But the technological advances of recent years have produced such an array of new building materials that both home buyer and home builder are often confused in making a choice. "There is more competition in the building industry than ever before," says Earl W. Hadland, merchandising manager...
Crown Concessions. Freeport is the stubborn dream of U.S. Financier and Developer Wallace Groves. In the late 1940s, Groves bought a small lumber company on Grand Bahama, then little more than a desert island. In 1955, in exchange for tax concessions and a 99-year lease on 50,000 acres of Crown land, he agreed to dredge a harbor, build a port city - Freeport - provide school, health and utility needs, and bring in industry. But industry was not interested. All Groves had forgotten, says an associate, was "to make the place livable." So he got 100,000 more Crown acres...