THE FORESTER. 



163 



never been created, the conditions of trade depression and wasteful 

 exploitation, detrimental alike to the interests of the lumber indus- 

 try and the public, would have been markedly accentuated. The 

 value of public ownership of a considerable part of the timber re- 

 sources of the Nation has never been demonstrated more strikingly 

 than by the results of private ownership now manifest. 



The average price of stumpage disposed of in commercial sales 

 during the year was $2,48 per thousand board feet. The increase of 16 

 cents over the average price of 1914 was due chiefly to large sales of 

 western yellow pine in Oregon, easily logged and of unusual quality. 

 The average stumpage price obtained in the sales of different years is 

 not necessarily indicative of general price movements, since it is likely 

 to be raised or lowered by the accident of location of a few large 

 sales; if such sales, covering operations for a term of years, happen 

 to be made in bodies of high-priced timber, an illusive appearance of 

 rising prices is brought about. Broadly speaking, there has been no 

 increase in the value of western stumpage during the past eight 

 years, and hence no ground for a general advance in the prices of 

 National Forest timber. 



TIMBER SALES BUSINESS OF THE YEAK. 



In the following table are given the quantities and values of timber 

 cut and sold, by States. For convenience in tabulation, material of 

 all kinds has been converted into board feet, log scale. 



Timber sold and cut under commercial sales on the National Forests, fiscal 



year 1915. 



State. 



Timber sold. 



Quantity. 



Value. 



Timber cut. 



Quantity. 



Value. 



Arizona , 



Arkansas , 



California 



Colorado 



Florida 



Georgia 



Idaho 



Michigan 



Minnesota 



Montana 



Nevada 



New Mexico 



North Carolina 



Oregon 



South Dakota 



Tennessee 



Utah 



Virginia 



Washington 



Wyomiag 



Alaska 



Total, 1915 



Total, 1914 , 



Total commercial sales, 1915. 

 Total sales at cost, 1915 , 



Grand total, 1915 



Board feet. 



83,234,000 



21,946,000 



32,251,000 



68,765,000 



110,000 



10,000 



73,023,000 



294,000 



1,581,000 



78,874,000 



1,678,000 



13,861,000 



1,299,000 



544,673,000 



20,440,000 



150,000 



18,930,000 



1,148,000 



27,854,000 



16,959,000 



62,498,000 



$197,487.84 



70,208.06 



61,647.59 



133,381.80 



87.94 



7.50 



156,587.07 



618.10 



7,503.20 



120,857.76 



5,014.94 



26,262.90 



645. 71 



1,629,041.79 



50,818.72 



259.05 



49,492.39 



1,501.20 



34,867.28 



35,135.72 



68,672.02 



Board feet. 

 40,015,000 

 11,682,000 

 35,841,000 

 40,987,000 

 99,000 



95,674,000 

 83,000 



1,532,000 

 95,691,000 



2,434,000 

 17,716,000 

 828,000 

 47,179,000 

 18,715,000 

 34,000 

 23,697,000 



1,383,000 

 42,286,000 

 33,472,000 

 37,160,000 



1,069,578,000 

 1,525,877,000 



2,650,098.58 

 3,535,959.16 



546,508,000 

 616,661,000 



1,069,578,000 

 24,011,000 



2,650,098.58 

 17, 606. 30 



546,508,000 

 19,246,000 



1,093,589,000 



2,667,704.88 



565,754,000 



$95,911.95 



37,683.22 



78,400.33 



76,550.70 



83.48 



230, 694. 17 



303.48 



7,269.90 



185,757.93 



6,191.58 



42,311.04 



456. 97 



96, 236. 66 



41,586.08 



65.05 



62,381.09 



1,137.76 



75,556.15 



81,038.64 



45,652.25 



1,165,268.43 

 1,264,530.18 



1,165,268.43 

 14,179.96 



1,179,448.39 



In addition to sales of timber, sales of naval stores on the Florida 

 National Forest aggregated 114,000 cups during the year, with a total 

 value of $3,415.85. 



