Loading ...Timber Report
Financial panics have a way of unsettling the nerves. You seek refuge in things you can trust. Assets you can see and watch over. And sometimes those assets hold their own secrets, which are unveiled only after the passage of a century.
And so it was that one C.H. Murphy Sr. found refuge in the loblolly pines of central and southern Arkansas after the Panic of 1907. Here in the deep-fried South, Murphy not only saved a fortune, he planted the seeds for another.
Murphy bought up thousands of acres of timberland. Timberland is one of those old-world assets that never go out of style. Trees grow by the grace of nature’s bounties — sun, rain and warm weather. They hold their value by the grace of a marketplace that needs timber to make things.