South Dakota School Lauds. 31 



exchange could best be made and permit of the easiest handHng if 

 done in money vakies. Accordingly, each section was reduced to 

 a money value, using as converting factors the current value of 

 the different types represented in the section. 



The value of each section is very largely determined by its 

 location in reference to market and, as the main value is for the 

 growing of timber, its topography is also very important. Topo- 

 graphy determines the ease or difficulty that would be experienced 

 in logging operations, accessibility to market, and the value of the 

 timber after having been cut. 



The type of the timber, the character of the reproduction, the 

 value of the land from an agricultural, grazing, or merely timber 

 standpoint was determined from the data obtained by the field 

 party and the value given each class in accordance with the table 

 of values prepared by the Board. Each section was appraised in 

 reference to its accessibility and topography and certain factors 

 of allowance used. These factors of allowance were applied to 

 the basic valuation given to the different classes under the best or 

 perfect conditions. 



The following table shows the classification of the sections on 

 the basis of allowance for accessibility and topography : 



Class. 



A Accessibility, 



Topography, 

 B Accessibility, 



Topography, 



C Accessibility 



Topography, 

 D Accessibility 



Topography, 



By this method, the classification of the section shows for 

 which factor affecting value allowance was made. 



The following table shows the basic value of the timber and 

 reproduction for each type as well as the value under the different 

 allowances as indicated above: 



