454 TIMBER BONDS 



Some of them will not handle Pacific Coast 

 timber bonds on account of their belief in the 

 truth of these reports. There is a fire risk in 

 the Pacific Northwest in timber located East 

 of the Cascade Mountains. But even there, 

 the percentage of actual loss is small. West 

 of the Cascades and in the Coast Eange the 

 fire risk is practically non-existant. In Califor- 

 nia, it is a well known fact that there is no 

 fire risk in Eedwood forests. Eedwood trees 

 cannot be burned. 



In the Southern pine forests, there is no 

 fire risk in round timber. There is a small 

 fire risk in boxed timber if the ground is not 

 raked and taken care of. Cypress is positively 

 immune from fire and from that point of view, 

 is truly the wood eternal. Hardwood carries 

 no fire risk. The destructive fires have oc- 

 curred in the northern forests, and in the lake 

 states. These forests are practically cut out 

 and do not come on the bond market. 



Any person who wants to ascertain the ac- 

 tual fire loss in any particular section can do 

 so by writing the timber owners and operators. 

 After reading the press accounts about losses 

 running into millions and then comparing them 

 with the actual figures the investigator will re- 

 alize how much reliance to place in the publish- 

 ed statements. 



// the figures published by interested parties 

 during the last ten years as to the amount of 

 timber burned were correct, all the known 



