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favor for boxes and interior finish. 

 (H) Hemlock; 



Hemlock lumber competes with Yellow Pine for construction work 

 and its price moves somewhat in sympathy with Y<illc<v Pine prices. Henlock 

 prices, however, have not risen as high as Yellow Fine prices during 3917. 

 This is probably to be chiefly accounted for by the maintenance of Hemlock 

 production during 1917 at practically the normal level on account of the 

 demand for Hemlock bark for tanning. 



(I) Hickory: 



Hickory prices were fairly stable during the depression in 1914 and 

 1915 ,and since 1916 they have shown an advance equal to that of plain Oak. 

 Hickory is chiefly used for vehicles and for handles and the increased war 

 demand for both, has enabled Hickory prices to keep pace Mth other hardwood 

 prices. 



(J) Maple : 



Flooring is the most important use of Maple, although it is also 

 employed extensively in furniture, chaits, vehicles and other wooden products 

 }riaple has a variety of war uses which have strengthened the normal demand for 

 Maple so that its increase in price has bean equal to that of other hardwoods. 



(K) Oak: 



The price of plain Oak has fluctuated in the same general way as 

 Yellow Pine prices. The demand for Oak is widely distributed among planing 

 mills, car, furniture, vehicle manuf acturess and a great variety of smaller 

 consumers, and it consequently is controlled to a large extent by the funda- 

 mental price factors. The price of plain Oak during 1913 was higher than nor 

 r.ial; with the result that its relative rise since 1913 has not been as great 

 as that of Yellow Pine. 



The market forviiite Oak is more specialized than the market:, for ^ 

 plain Oak, and its price fluctuations have been less pronounced. 



The checkered orice career of quartered red Oak may be due either 

 to the narrow range of nrice quotations or to an unstable market due to 

 fluctuating demand. 



(L) North Caroling Fine: 



North Carolina Pine followed somewhat closely the fluctuations of 

 Southern Yellow Pine, until the spring of 1917 when its advance was checked. 



(W. I .B. -359-54) 



