i'm sure others will agree: the type of wood you use depends on availability. Me, i live where it's not hard to get pacific yew, so i've been working with that. Last year, though, i order a slab of osage from pine hollow longbows (mike yancy) in arkansas (?) and made a whole buttload of bows from it and hickory backing.
Based on your questions, i'm gonna hazard a guess that you are not a woodworker by trade. Wouldn't be a bad idea to research the nature of wood, google "wood, wood properties, etc) to familiarize yourself with what woodworkers all need to know. Then, when talking with a hardwood dealer, you'll know what it means to buy quarter sawn, rift sawn, whatever.
Me, this yew is still kinda green, so i'm on my way to a hardwood shop today, actually, to buy a piece, probably white ash. Thanks for reminding me...