280 BOARD OF AGRICULTURE. 



EsTiMA-TED Profit, of a Plantation of European Larch of Ten 

 Acres, to Last Fifty Years. 



Dr. 



Ten acres of land, @ $20, $200 00 



Wire fence, 1,000 00 



Plants, 27,200, @ $5, 136 25 



Labor of planting, 500 00 



$1,836 25 

 Interest on investment, as above, 50 years, @ 6 per cent., . 5,499 00 



Taxes, 50 years, @ 1.5 per cent., 150 00 



Interest on taxes equal 25 years, @ 6 per cent., . . . 225 00 



$7,710 25 

 Cr. 



Product of first cutting at the end of 20 years : 



13,000 trees, less 20 per cent, for casualties ; 



10,400 trees, or 20,800 fence-posts, @ 20 cts., . $4,160 00 



Product of second cutting at the end of 30 years : 



100,200 trees, less 10 per cent, for casualties ; 



9,180 trees, or 18,360 sleepers, @ 50 cts., . . $9,180 00 

 And 9,180 fence-posts, @ 25 cts., .... 2,295 00 



$11,475 00 



Product of third cutting at the end of 50 years : 



4,000 trees, less 5 per cent, for casualties ; 3,800 



piles, worth $5 each, $19,000 00 



And 7,600 sleepers, worth 50 cts., .... 3,800 00 



22,800 00 



Land at cost, 200 00 



$38,635 00 

 Thirty years' interest on $4,160, @ 6 per cent., . $7,488 00 

 Twenty " " on $11,475, @ 6 per cent., . 13,770 00 



21,258 00 



$59,993 00 

 Profit, 52,282 75* 



There are within the limits of the State fully 200,000 acres 

 of unimproved land which could with advantage be at once 

 covered with larch plantations. 



For the sake of keeping these estimates within reasonable 

 bounds, let us suppose that these 200,000 acres will, in the 



* Equal to about 13 per cent, per annum for the entire fifty years, after retaining 

 the original capital invested. 



