February 10, 1917 



HARDWOOD RECORD 



41d 



II 



12 13 14 15 



TOP DIAMETER - INCHES 

 2 3 13 14 10 



BASIS - NUMBER OF LOQS 



16 

 3 



17 



4 



FIG. 3.— YIELD NET LUMBER TALLY 



(a) Based on data from the entire 50 logs, (b) Based on data from 35 logs 



yielding 50%, Doyle scale. No. 2 common and better 



Per M ft. 

 lumber scale 



Cost of logging stump to mill $ 4.906 



Cost of sawing and piling 2.847 



Shipping, selling and general expense 2.345 



FIG. 4. — APPROXIMATE AVERAGE PRODUCTION COSTS PER THOU- 

 SAND INCLUDES 6% INTEREST AND ALSO 6% PROFIT ON 

 THE INVESTMENT EXCLUSIVE OF THE TIMBER 



Discount and deductions from selling price. 



.30 



4.229 



Total, stump to car $10,098 



Other items included in cost: Per M. 



Depreciation, 10% on mill plant $ .65T 



Taxes on mill and lumber 226 



Insurance on mill and lumber 1.66 



•6% interest 1.44 



•6% operator's profit 1.44 



Total stump to car, average hardwood and 



soft wood, exclusive of stumpage charges $14,327 



•Based on capital employed in business exclusive of timber. 



The computations applied to these figures by the operator recognize 



the usual differences in cost of logging hard and soft woods, and 



large and small logs, and while these computations will vary more or 



less with each operation, it seems probable that the form of the curve 



is fairly representative. The system of plotting will enable a ready 



10. Of:iB«toT ; 

 log* ilDSldat 

 bula : bark : 



•.i\ c.:re C; 



Ft. ; yt. ; 



: Ft. 



: 56 



: jor : 



: : Cont ; 



: :f£ C. : 



: ;* Btr. : 



: fZ C. :Doylo : 



. :& fitr. ;Sci:la : 



Ft. : * : 



Costs For U »«t Luobor Tslly' 



61.2: 30.1 : 



S3.li 31. e : 



46. 9i 37.9 ; 



; 41.0: 37.0 \ 



; 36.0: 3£.« : 



; 34.0: 36.'e : 



; 30.6: 33.9 ; 



16«* ! 13.3 ! 90 



16 Foot LORB ContalDlap Lgae Than 5^. Doyla 3oftl«. J2 Coanan and Battaf 

 . 2,09 I 2.26 1 7.36 I 6,36 t 3,61 i 3.761 S,E5: 20.25 I 17.46: 18.09 ; 13.08 : 9.36 i 10.21 :- 7.17:-a.l0 :-7.7e 



TABLE No. 2. — METHOD OF COST DISTRIBUTION USED BY THE GOODMAN LUMBER COMPANY — 16' LOGS CONTAINING 50%, 



DOYLE SCALE, No. 2 COMMON AND BETTER 

 • 11 inch logs have only 47% No. 2 Common and better when rounded off by curve. 

 •2 "Waste per cent Includes "scoots" but does not include waste due to extra inches over even 16 foot log. 

 •3 Realizatoln is based on the lumber graded in green condition. 

 •4 Figures for the 15 logs are based on actual averages and not curves. 

 •5 Profit is based on capital employed in business exclusive of the timber. 

 •6 Costs are based on figures furnished by the Goodman Lumber Company. 



