24 



HARDWOOD RECORD 



Is Eucali^ptuS'GroWing Profitable for Investors 



or Promoters^ 



Although the EECOKD has hitherto iH-inted 

 the results of sundry tests made by prac- 

 tical people of the value of eucalyptus for 

 carriage woodwork, furniture and other 

 purposes, that were diametrically opposite 

 to the claims made by promoters with lands 

 to sell for eucalyptus growing in southern 

 California, it finds it necessary to give free 

 advertisement to another of these sensa- 

 tional companies which is attempting to sell 

 property for this purpose. A number of 

 pamphlets and circulars issued by the North 

 American Hardwood Timber Company of 

 111 Broadway, New York, have come to 

 the editor's desk which are reproduced in 

 connection with this article. Accompanying 

 the documents was a letter from a foremost 

 New York lumber manufacturer in which 

 he says: 



"A friend of mine ha.s luindcd me tlie 

 enclosed matter in reference to eucalyptus, 

 asking me what I thought of such an invest- 

 ment. I told him I thought the statements 

 contained therein were rather extravagant 

 and before doing anything asked him to 

 wait until I heard from the editor of 

 Hakdwood Record. ' ' 



Following is the te.xt of one of the 

 jiamphlets referred to. It will be found a 

 very interesting story, and is well worth 

 reading for its wonderful imaginative char 

 acteristics: 



Pr.mphlet ou Eucalyptus from the North 

 American Hardwood Timber Co. 



Every material statement made in this pamph- 

 let is substantiated by the U. S. Government 

 and State reports, and the reports of the Foi;- 

 estry Society of California, the correctness of 

 the references being shown by the certificate of 

 the Audit Company of New Yorl«, original of 

 which is in my possession. 



Eucalyi'tus-Mahoga.xy Ti.mbeu. 

 Everything suggested by experience and skill, 

 regardless of present expense, and bearing in 

 mind only the future returns, has been done by 

 the North American Hardwood Timber Company 

 in pursuance of its policy — the maximum of tim- 

 ber In the minimum of time in the locations 

 which will Insiu-c the greatest profit for — itself 

 and its investors. 



Gkowtii of EUCALYrTUS. 



The growth of eucalyptus is marvc>loiis. It 

 ^is ready for use as firewood in 3 to 4 years ; tor 

 'telephone poles in from 7 to 8 years ; for saw 

 timlMT in 10 years. 



It grows altout one foot per month. 



In ten years the trei's in plantation form will 

 average 12 inches in diameter, breast high, and 

 6 inches in diameter (io feet from the ground. 



One hundred thousand feet (board measure) 

 per acre in ten years is a conservative figure. 

 and official measurements have revealed many 

 groves producing much more in less time. 



The Santa Fe rairoad has acres planted Io 

 eucalyptus and is planting more each year. 1'Iie 

 Southern Pacific has begun this work also, and 

 lae Salt Lake road is preparing to follow these 

 examples. 



The tree has no enemies and is extremely 

 hardy in n warm climate. Owing to the fact 

 lliat it will not stand freezing wpntlu'r. it can 



be grown coinunTchiHy in tliis (iiuiiii-y only in 

 California. 



Tl.MBEI! Ka.MI.NK. 



The demand for lumber in this country is not 

 only steadily increasing in volume, but during 

 the past twenty years the consumption per cap- 

 ita has greatly advanced also. We now use 400' 

 feet (board measure) annually for each in- 

 habitant, as against 60 fet-t used in Europe. 



Hardwood is essentially a fetaple and we can- 

 not do without it ; yet at the present rate all 

 our hardwood will have been used up in 14 

 years. V<'liiele manufacturers say tliaf tlii^ hick- 





FltO.M niuiii ,i| 1.1 . .UA'I'TrS GROWTH 

 ATTAI'lIKIl Id CIKCrl-VI!.. 



.Alleged t<» represent tbrnr-yi-ar-oUi sprouts from 

 stump. riVj inchi's diameter at base and .50 

 feet higli. on the property of the .North Ameri- 

 can Hardwood Timber Company. 



ory supply will have disappeared in .iliont 10 

 yea rs. 



'ib<' world possesses no supply sufficient to 

 form a factor in any attempted relief of the 

 situation. A timber famine of tlie most serious 

 kind is bound to occur, and owners of hardwood 

 acreage must in a short time, reap vast profits. 



Eucalyptus-mahogany seems to rise at this 

 .iuncture as a providential way of meeling — in 

 some degree at least — the ominmis bardvvood 

 demand of today and tomorrow. 

 I'SKS OP Hardwood. 



In 1007. l.''):i.OOO,000 cross ties were purehasc^il 

 by the railroads of the country. Over half the 

 ties used are of hardwood. 



For our mines there are annually used .S23,- 

 000,000 feet (board measure i of hardwood. 



Several million telegraph, telephone and elec- 

 tric light and power poles ai'c used each year. 



The largest electric railway in California al- 

 ready itays for its poles as (oll.iws : 



40 ft, poles, 6 in. across top, if7.00 each. 



.")0 ft. poles, 6 in. across top, $9.2.5 each. 



(iO ft. poles. 6 in. across top, $12.50 each. 



Furniture manufacturing takes 20 per cent of 

 Ihe entire cut of hardwood, which it uses almost 

 exclusively. 



For wagons, automobiles and tlie immense in- 

 dustr.v of agricultural implement manufacturing 

 the best of hardwoods are necessary, and are 

 even now obtained with extreme difficulty. 



Eucalyptus is a close grained wood, 10 per 

 cent stronger than hickory, and beautiful as the 

 finest mahogany. It taki's a high piano finish, 

 shows its grain to perfection, and takes any 

 color or stain desired. It will not splinter or 

 split, and will not warp, check or twist. It is 

 rhe equal or superior of the best hardwoods for 

 any purpose. 



Eucalyptus is now used for many of the pur- 

 poses above mentioned, and with the greatest 

 success. 



Profits of Eucalyptus. 



We sell acreage at .f2,'iO per acre, which price 

 includes planting the land to eucalyptus trees 

 and caring for them for 10 years. At that time 

 the crop on an acre is worth .$2. .500 on the 

 stump. 



Counting .500 timber trees to the acre, and, 

 not including over 100 more, which will be avail- 

 able for poles, etc., each tree will have cost a 

 inu'chaser in 10 years 50 cents. And it will theu 

 (taking figures that are less than the actual 

 prices today) be worth $5.00 on the stump. 



At stumpage prices the owner of a tract catt 

 safely expect in ten years, the foilowings : 



On a 160-acre tract $400,000.00 



on a in-acre tract lOO.OOO.OO 



I in a 10-acre tract 23,000.00 



( >n a 2 Vi-acre tract G.250.00 



This is in accordance with the strictly con- 

 servativ(^ figures of the Forestry Societ.v of Cali- 

 fornia. 



.\nd tills profit will recur ever.v .S years, 

 the trees grow again from the stump as much in 

 8 years as they grow from the seedlings in 10 

 years. 



Thf I.nvkst.mknt. ^ 



Wlietber lumber prices of toda.v double oir 

 irehle ill ten years more constitutes the only 

 element of speculation in this proposition. 



It is trul.v a "Cumulative Security" invest- 

 inent. 



I'be following table shows what the crop per 

 acre is worth at different periods, according to , 

 tile conservative figures of the greatest authority 

 on eucal.\'i)tus in this conntrj*. 



STfJirAGE Vai-ce. 



1st year $250 6th year $730 



2nd year ,300 7th .year 900 



:ird year ,350 .Sth .year 1500 



4th year 400 



5th year 6(iii 



!ith year 2000' 



loth .year 2500 



While the foregoing may appear to be a re- 

 turn too extravagant to be true, nevertheless, 

 should the investor conclude to intrust to the 

 company the sale of his trees in the shape of 

 lumber rather than on the stump, the outcome 

 that he might safely expect would be: 



On a Kin-acre tract $1,200,000 



1 -n a 40-acre tract :^no,000 



I In a 10-acre tract 75,000 



I 111 a 2 Vo-acre tract 1.S.730 



tile original investment for which would have 

 been $40,000. $10,000. $2.5(111 and $025 rC' 

 spectively. 



It is easily seen that this is not an invest 

 meut for the returns of which one must wait 

 it number of years. 



In four years* lime a purchaser of acreage 

 can g<^t back his principal with 60 per cent addi 

 llonal. and still have his land and the stumps 





