58 College of Forestry 



levels for all of the principal products, namely, acetate of 

 lime, wood alcohol and charcoal. 



In the early days of the industry, charcoal was the prin- 

 cipal product and it brought from 10 cents to 20 cents a 

 bushel or more. Then acetate of lime became the principal 

 product sought after and finally the wood alcohol. Before 

 the Federal legislation, the profits were very excellent and 

 attractive but since 1907 and up to the outbreak of the great 

 European war on August 1, 1914, price levels were very 

 uncertain and several of the concerns were driven out of 

 business. 



Up to the time of this war, the prices obtained for acetate 

 of lime varied between $1.25 to $2 per hundred pounds. 

 Since Aug-ust 1, 1914, the following price levels have been 

 obtained : 



Aug-ust to October 1914— $1.50 per 100 lbs. 



J^ovember 1914 — 1.75 per 100 lbs. 



December 1914 — 2.00 per 100 lbs. 



January 1915 — 2.00 per 100 lbs. 



Februai-y to May 1915 — 2.50 per 100 lbs. 



June to August .1915 — 3.50 per 100 lbs. 



September to October 1915 — 4.00 per 100 lbs. 



Xovember to December 1915 — 5.00 per 100 lbs. 



January 1916 — G.OO per 100 lbs. 



February to August 1916 — 7.00 per 100 lbs. 



September 1916 — 5.00 per 100 lbs. 



October 1916 — 3.50 per 100 lbs. 



In regard to wood alcohol, the prices have also fluctuated 

 considerably. Quotations varied between 30 cents and 45 

 cents per gallon for the crude 82% alcohol. Since the out- 

 break of the war, however, the use of both wood alcohol and 

 acetate of lime have been greatly stimulated for their use in 

 the manufacture of certain war munitions and the prices 

 have steadilv advanced. 



