There is still much land available for cocoanut planting, though but little of it is government land. Both coasts are fit for this industry, unlike the banana industry, which thrives only on the Atlantic shore. Panama is outside of the hurricane belt, which gives an added advantage to the cocoanut planter. Elsewhere in the Caribbean the trees suffer severely from the high winds. The lumber of Panama will in time come to be one of its richest assets. In the dense forests hardwoods of a dozen varieties or more are to be found, but as yet the cost of getting it out is prohibitive in most sections. Only those forests adjacent to streams are economically valuable and such activity as is shown is mainly along the Bayano, Chucunaque, and Tuyra Rivers. The list of woods is almost interminable. The prospectus of one of the companies with an extended territory on the Bayano River notes eighteen varieties of timber, commercially valuable on its territory. Among those the names of which are unfamiliar are the espavé (sometimes spelled espevé), the cocobolo, the espinosa cedar, the zoro and the sangre. All are hard woods serviceable in cabinet making. The espavé is as hard as mahogany and of similar color and marking. The trees will run four to five feet thick at the stump with saw timber 60 to 70 feet in length. Espinosa trees are of the cedar type, growing to enormous size, frequently exceeding 16 feet in circumference. The cocobolo is a hard wood, but without the beauty to fit it for cabinet work. The sangre derives its name from its red sap which exudes from a gash like blood. It takes a high polish, and is in its general characteristics not unlike our cherry.