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Hardwood Record — Veneer & Panel Section 



August 10, 1922 



The COE ROLLER VENEER DRYER 



'^'"""j:"; drying efficiency 



If you are trying to dry your veneer without the aid of this wonderful machine you are doing yourself and 

 your product an injustice. If you desire to perfect your product you will do well to investigate the merits of 

 our dryer. 



The New Twentieth Century Coe Veneer Lathe 



Is another machine that it is hard for a veneer manufacturer to be without 



We will be prepared in a short time to send you a new Clipper bulletin, in which you will find 

 described our style L Clipper, with the automatic stop 



The Coe Manufacturing Company, Painesville, Ohio, U. S. A. 



PUMCELL^ 



Are You Interested in the 



Following Exceptional Values 



tn High Grade Walnut? 



Is & 2s, all 6' & 7' long. . . . 

 4/4, 5/4 & 6/4 



Is & 2s, all 8' & 9' long. . . . 

 4/4, 5/4, 6/4 & 8/4 



Selects .... 4/4, 5/4, 6/4, 8/4 



No. 1 Com. . .3/8, 1/2, 5/8, 

 3/4, 4/4, 5/4, 6/4 & 8/4 



No. 2 Common 



4/4, 5/4, 6 4 & 8/4 



ALL STEAMED AND 10 

 MONTHS ON STICKS 



Mi.^.nd FRANK PURCELL 



Kan^ WALNUT LUMBER CO. 



City, 

 Kansas 



A Ranking Name in Walnut 

 for Many Years 



WALNUT^ 



Panama Mahogany 



(Continiml from page '•'io) 

 to market thus far were obtained chiefly from the lowlands, and 

 this is to be expected, because such regions are most easily acces- 

 sible; there are almost no rivers in Panama that can be depended 

 upon for floating the logs and for that reason very limited quanti- 

 ties of the harder and darker grades of logs growing on the up- 

 lands have been cut and transported to the coast. It is believed, 

 however, that Panama's forests will be opened up gradually 

 and better and less expensive means for bringing the logs to 

 the shipping ports will be devised and utilized. Whether Panama 

 will soon become an important factor in supplying mahogany to the 

 consuming countries cannot now be prophesied, but it is known 

 definitely that genuine mahogany does occur in spots all along the 

 Pacific side of the Continental Divide and, that, judging from con- 



servative estimates made, has in excess of 500,000,000 feet of 

 standing mahogany. 



In conclusion, it may be of interest to note here that there are 

 those who claim that they can recognize Panama mahogany and 

 distinguish it from the wood of other origin by the storied or tier- 

 like arrangement of the pith rays visible on the smooth tangential 

 or bastard cut surface of the Panama wood. While it is true 

 that this tier-like structure occurs in the Panama wood and can 

 be seen even w^ith the unaided eye, this character is present also 

 in woods from other sources, and it cannot, therefore, be depended 

 upon as a mark of distinction. 



Hunting Bargains in Veneer 



There are some people who are persistent bargain hunters in 

 the veneer market because they are parsimonious buyers. There 

 are some w^ho persistently seek for bargains in the w^ay of face 

 veneer offerings of unusual figure because they are seekers after 

 opportunities to develop unusual beauty. With the general 

 veneer buying public, how^ever, there are tw^o situations which 

 make for more than the usual tendency toward bargain buying. 

 One is dull times with a surplus of veneer offerings. The other 

 is strenuous times when veneer is scarce and high and the buyer 

 feels like he is driven to economize by seeking for bargains. 



No matter what starts a man out bargain hunting, the chances 

 are that unless he is an expert at the game it will prove w^asteful 

 of both time and money. The reason is that too often a thing 

 bought at a seemingly low price is not a bargain. 



There have been instances related w^here buyers saved or 

 thought they saved ten dollars a thousand in buying veneer, to 

 find out in the end that they had been w^asting money because 

 the veneer was lacking in some of the essential qualities. Either it 

 took more of it to do a given amount of w^ork, or when finished 

 off and showed up bad, the kicks and claims from customers cost 

 a lot more than the saving in purchase money, to say nothing of 

 the loss of reputation to the house. 



The bargain buyer who feels driven by the stress of circum- 

 stances to seek low^er cost in his veneer can be sympathized with, 

 though he should learn and probably will learn, from experience 

 that it is a poor game. The bargain buyer w^ho is out to profit 

 himself regardless of the welfare of others, is not entitled to sym- 

 pathy when he finds he is "stung." 



The business of veneer buying and selling is mutual. That is, 

 both the producer and seller of veneer and the consumer must 

 prosper, otherwise there will be no future trade. So the logical 

 idea to follow for stability in business is that of maintaining fair 

 prices and a high grade product. The disregard of the welfare of 

 the other fellow and the natural instinct to pick up bargains, how- 

 ever, is one that many will follow^. Also, it is one out of w^hich 

 some will profit but the majority will likely find more regrets 

 than profit in their bargain buying. 



