Wood Glue
What is wood glue? - From Adhesives.org
Yellow wood glue is also water based – and is made of the same vinyl acetate polymers as craft glue. It is designed to work with wood and is immediately tacky for better hold in the uncured state. It is also generally more rigid, hence it is easier to sand. Some wood glue can also be white and dry clear. Make sure to read the labels. Again, you can add sawdust or another powdered filler for special effects.
Wood glues set in ~less than 1 hr. That said, it could take as long as 24 hours to reach full strength.
Three types of wood adhesives are available:
Type-I exhibits some waterproof properties.
Type-II will perform better in exterior conditions. These adhesives generally have a longer open time and can bond at colder temperatures. Both types I and II can be used for exterior applications, such as outdoor furniture and trim.
Type-III is not water resistant and is designed for interior use only. Type-III is good for interior woodwork and trim projects.
Note: True water resistance for immersion in water requires a marine glue.
How to use wood glue...
Tips from Do It Yourself Network
Gorilla Glue Brand How To Video