, 



EXPERIENCE : RESOURCES : PRECISION 



JVhatls a Lacey Report F 



It is science applied to the measurement 



of timber values to produce a statistical photography 



so to speak^ of a tract of timber. When desirable, it includes a 

 detailed contour map accurate enough to plan logging operations 

 upon, and always includes a mass of intelligent commentary oij. all 

 conditions of interest to an investing or logging purchaser. 



The LACEY REPORT^ which is the recognized 



gospel of timber values, is but an index to the great facilities and 

 resources of this organisation in whatever pertains to transactions in 

 standing timbe? '- the king of investments today. 



Send for our interesting booklet. 



fNT^^NAT/ONAL T/MB^RLANDJf FACTORS 



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