310) REPORT ON COOPERATION IN AMERICAN EXPORT TRADE.

andoubtedly increase quite materially their own and the total exports
 of American Portland cement to Latin-American countries.

SECTION 8. LUMBER.
[HE AMERICAN EXPORT TRADE IN LUMBER.

Export trade in the products of the American forests dates back
to the time of the first colonists. The lumber first exported was
chiefly limited to the white pine of the northern forests, and the
United Kingdom and the West Indies were the principal markets.
For the 12 months ending June 30, 1914, just prior to the outbreak
 of the war, the value of logs, timber, lumber, and shingles
sxported was over $70,000,000. This includes about 170,000,000
feet of logs and hewn timber valued at about $4,000,000, 2,800,000,000
feet of sawed timbers, boards, planks, deals, joist, and scantling, valned
 at about $66,000,000, and 47,000,000 shingles valued at about
$100,000. Southern yellow pine (including pitch pine, short leaf,
and other varieties) held the first place among the woods exported.
It was credited (using round numbers) with 1,500,000,000 feet, valued
at $31,000,000, the exports classified as pitch pine being 1,300,000,000
feet with a value of $27,000,000. Fir (often known as ‘‘ Oregon pine’)
held second place in the total quantity exported (630,000,000 feet),
and third place in value, (88,700,000), while oak held third place in the
total quantity exported (231,000,000 feet), and second place in value
$10,600,000).
For the year ending June 30, 1914, Europe formed the principal
market for the exports, taking about 1,100,000,000 feet, valued at
about $31,500,000. The United Kingdom, Netherlands, Italy, and
Germany were the principal importing nations. The next largest
market was North America, which took about 800,000,000 feet, valued
 at $18,000,000, 59 per cent of the total quantity going to Canada.
South America took 405,000,000 feet, valued at $8,100,000, most of
it going to Argentina, Chile, Peru, Brazil, and Uruguay. Exports to
Oceania were 324,000,000 feet, valued at $5,400,000. Of this, 90
per cent went to Australia, Tasmania, and New Zealand. Asia took
146,000,000 feet, valued at $1,750,000, exports to China forming about
three-quarters of this total. Exports to Africa were 57,000,000 feet,
valued at $1,330,000.
An examination of the destinations reported for the principal
kinds of woods, shows that the bulk of the exports of each variety is
confined to a certain well-defined marketing territory. Europe
formed the principal market for yellow pine, taking 49 per cent of
the total exports of this wood. The United Kingdom was the prinsipal
 importer, taking about one-third of the exports of yellow pine
to Europe. The next largest market after Europe for yellow pine