Excellent!!! 
I love watching a piece of art evolve!!!
Interesting that the rear sight base on this carbine is of the 'split' type...
I don't recognize the wood, but it reminds me of a story I heard at the last gun club meeting...There is a small Amish community nearby, and they offered to clear some local land of trees...The trees were 'black walnut'...An Amish work crew spent a weekend felling and cutting up the trees and hauling the wood away...We assume they plan on making furniture from the lumber... 