Word: lumbers
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...type villa, complete with swimming pool. Across the way from the Church of Domine Quo Vadis?, where tradition holds that Jesus appeared to the wavering Apostle Peter, an Esso station peddles axle grease and antiquities. Many a roadside vista of the old Roman campagna is now cluttered with factories, lumber yards and cheap houses...
NORTHWEST LABOR PEACE for the embattled lumber industry seems assured for the next 15 months. Both A.F.L. and C.I.O. loggers (100,000 men), who walked out on strike for 84 days last fall, have agreed to a 7½? pay increase recommended by an arbitration panel appointed by Washington's and Oregon's governors...
...days lumbermen had a harsh motto-"Cut and get out"-as they marched across U.S. forests leaving them stumped and stripped. The result was that by the late 1930s the U.S. was in danger of becoming timber-poor, and the lumber industry was under heavy fire from conservationists. Today, lumbermen have a new approach and a new program that promises to produce more trees than ever before. The project: tree farming, under which U.S. forests are as carefully planted, managed and harvested as lettuce and tomatoes. When loggers fell a tree, they make sure a new one grows...
...many financial jobs breadth of thinking is particularly important. Take the case of a loan officer in a rather large bank nearby who must intelligently administer his bank's credits to companies in the following industries: chemical, leather and shoes, finance (consumer lending), lumber and wood products, and building materials. The pressing problems of the company are inseparable from, and often the common denominator of, all the activities of the firm. To administer credit effectively, the banker must be above all a good businessman. He must understand business and the activities back of the figures with which he works...
WILLIAM E. BOEING, founder of Boeing Airplane Co. (TIME, July 19), who retired in 1934 to devote all his time to his lumber business, has just closed one of the Northwest's biggest timber deals. For $13 million, Boeing has sold his 23,000-acre tract (1 billion bd. ft.) of fir along the Oregon coast to Georgia-Pacific Plywood...