. The valuation of American timberlands . that of France and 16 times that of Great have not only used wood from the cradle to the coffin butwallowed in it en route. This does not, however, mean that wood will in time be replacedeither in whole or to any considerable extent. It has too manyvaluable qualities to be entirely superseded. It is light, strong,easily worked, durable, a non-conductor of heat and electricityand best of all relatively cheap even assuining that prices willreach throughout the world the level attained in the Europeancountries which do not grow enough for their
. The valuation of American timberlands . that of France and 16 times that of Great have not only used wood from the cradle to the coffin butwallowed in it en route. This does not, however, mean that wood will in time be replacedeither in whole or to any considerable extent. It has too manyvaluable qualities to be entirely superseded. It is light, strong,easily worked, durable, a non-conductor of heat and electricityand best of all relatively cheap even assuining that prices willreach throughout the world the level attained in the Europeancountries which do not grow enough for their own use. As. com-pared with a piece of iron of the same weight a stick of yellow pineis six times stronger and very much cheaper. So it is safe toassume that wood will always be in great demand for a verylarge number of uses. But its value in construction and manufacture is not the mainreason for predicting advancing values for wood. The decreasingsupply is the controlling factor. This fact is one difflcult for STUMPAGE PRICES nVt CENTS. eii CENTS 4 CENTS PER CUBIC FOOT 2 CENTS PER CUBIC FOOT $ PER M FT. $ FER M FT. ,
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