Word: lumbers
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...were felt last week far beyond money-exchange markets. In New York, gold prices dropped to a two-year low of $338 an ounce, as speculators dumped the precious metal to invest in dollars. In Chicago, commodities prices fell as well, further depressing goods as varied as soybeans and lumber. Since May, commodities prices have dipped nearly 9%, in part because of the rush to buy dollars...
Further down the road we surveyed the remains of a modern, privately owned lumber mill. Two small children played among the metallic ruins, as our escort explained how their fathers, and dozens of others, were left without jobs as a result of the Contra attack...
...steam sawmill outside Onalaska, owned and operated by Gene Frase, 70, a laconic, down-to-earth man who turns downright poetic when he talks about his conflicting passions: the sweetly efficient steam engine and the lost stands of tall trees that the mill engines turned into lumber. The next day, Kuralt interviewed senior Elephant Keeper Roger Henneous at the Washington Park Zoo. In both cases, much of the filming had already been done by another crew before Kuralt arrived on the scene. His schedule these days, which also includes anchoring the live 90-min. CBS News Sunday Morning show, precludes...
...from home stoves is nearing crisis proportions In winter, when the mountain air sparkles and snow blankets the nearby hills, Missoula, Mont. (pop. 33,000), might easily be mistaken for an Alpine resort. Last week, however, it had the smogbound look of Los Angeles. A dismal haze cloaked the lumber community, virtually blotting out the slopes of the Bitterroot Range. Health authorities were forced to sound a week-long air pollution alert. They urged pregnant women, joggers and the elderly to stay indoors rather than risk breathing the foul air. Some children were not allowed out of classrooms during recesses...
...flat housing market would eventually crimp sales of building materials and home furnishings, from timber to toilets. The lumber industry is still shaking off the recession and is hardly prepared for a new shock. In the Northwest, the number of sawmills has declined by about 13% since 1979, and their work force has dropped by 20%, to 96,000. Says H.A. Roberts, executive vice president of the Western Wood Products Association: "We're more efficient these days, and sales volume is relatively good. But we're not nearly as healthy...