A considerable amount of North Carolina Pine is used in box making. North 

 Carolina -Pine production has bean particularly affected by lab'or shortage 

 "because of its pygxip.ity to many large government enterprises. 



(M) Northern Whito Pine; 



Northern White Pine prices have maintained almost an unbrol'en 

 level even during periods of depression. This hunter, considered the best 

 wood for doors, etc., is rapidly diminishing in supply and bears practically 

 a monopoly price in its special field. 



(N) Western White Pine: 



Western White Pine prices, alone of all lumber prices, did not 

 decline during 1914 and 1915, but maintained an unvarying level. This ex- 

 traordinary stability is due to the same causes affecting the Northern White 

 Pine, which tL.3 Western White Pine closely resembles, 



These res.sons are aec lining production and increasing demand for 

 White Pine as a superior wood for doors, and planing mill products. 



(0) Yellow Poplar: 



Yellow Poplar prices declined only slightly during the depression 

 in 1914 and 1915 and, during 1917 and 1918 they have risen rapidly. 



"The rising price of Poplar is to be expected in view of its dimin- 

 ishing rate of production, sjad the special demand for Poplar wood for high 

 grade boxes on account of its odorless and easy-working qualities, and the 

 demand for it for furniture panels and veneers on account of the clear, wide 

 boards which can Tsre sawed from Poplar logs. 



'The war requirements for Poplar for airplane construction contri- 

 buted to the factors responsible for the rapid rise in price duiing 1917 and 

 1918. 



(P) Spruce : 



Spruce prices have exhibited very steady tendencies. The use of 

 Spruce for both pulpwood and lumber has given it a great advantage . Being 

 the chief pulpwood it has felt the stimulus of the rising cost of paper. As 

 the best lumber for airplane propeller wings, its production has been pushed 

 and its price advanced. 



.(O) Hardwoods: 



There is a sympathetic relation between the prices of various 

 hardwoods because hardwoods usually occur in mixed stands, are produced 

 jointly, and compete with each other for the same used. 



(W. I.E. -359-55) 



