bloodwood

from The Collaborative International Dictionary of English v.0.48

Logwood \Log"wood`\n. [So called from being imported in logs.]
   The heartwood of a tree ({H[ae]matoxylon Campechianum}), a
   native of South America, It is a red, heavy wood, containing
   a crystalline substance called h[ae]matoxylin, and is used
   largely in dyeing. An extract from this wood is used in
   medicine as an astringent. Also called {Campeachy wood}, and
   {bloodwood}.
   [1913 Webster]

from The Collaborative International Dictionary of English v.0.48

Bloodwood \Blood"wood\, n. (Bot.)
   A tree having the wood or the sap of the color of blood.
   [1913 Webster]

   Note: Norfolk Island bloodwood is a euphorbiaceous tree
         ({Baloghia lucida}), from which the sap is collected
         for use as a plant. Various other trees have the name,
         chiefly on account of the color of the wood, as
         {Gordonia H[ae]matoxylon} of Jamaica, and several
         species of Australian {Eucalyptus}; also the true
         logwood ({ H[ae]matoxylon campechianum}).
         [1913 Webster]