SALE VALUES 169 



not be compared directly because they are intended to fill the 

 requirements of special uses to which other species may not be 

 suited at all. But in reaching the average values per M, log 

 run, the percentage of the dififerent grades and their respective 

 sale values must be considered. This introduces a serious diflSi- 

 culty because these percentages vary within wide limits. Fur- 

 thermore, the prices per M of the different grades are subject to 

 fluctuations. Consequently it is impossible to give even for a 

 specified date absolutely accurate figures. All that can be hoped 

 is that the figures are relatively correct. 



The first table is a list of wholesale values by use classes. 

 These prices are intended to represent the values at which retail 

 yards may purchase from the mills that do their own marketing 

 or from wholesalers handling the product of several mills. They 

 give for the principal classes of wood products the prices that 

 obtain for lumber, cordwood, etc., designed for a certain purpose 

 irrespective of species. Boston was chosen because it is a mar- 

 ket close to the manufacturing centers and its prices represent 

 maximum values. A fairer comparison of relative values can be 

 secured in this way than if a market were selected which is not 

 equally favorable to all kinds of wood. 



WHOLESALE VALUES PER M FOR THE PRINCIPAL USE GRADES OF 

 WOOD PRODUCTS 



Based on Boston prices, Jan. i, 1920 



PerM 

 Lumber: 



Tropical cabinet woods $250 



Quarter sawn oak 250 



Clear, extra wide softwood 200 



Native cabinet woods like black walnut 200 



Ash (clear stock) 15° 



Hickory (clear stock) 125 



Hardwood finish 125 



Hardwood flooring 100 



Softwood dimension 60 



Softwood inch boards 4S 



Boxboards 3S 



Shingles 4° 



Laths 50 



