106 



Forestry Quarterly 



average costs were used. These were for spruce $14.50, for pine 

 $7.70, for oak $10.60, for beech (natural regeneration) $2.40 per 

 acre. 



Administration costs hitherto had been very much lower than 

 normal, namely, for the last decade not quite 20 cents per acre 

 per year. Instead, a rate of 43 cents was used as nearer normal. 

 It was assumed that expenditures on roads, etc., would be taken 

 care of by better returns. 



The maximiim gross soil rent values were determined as (round- 

 ing off figures) : 



For oak II site $103.50 



For beech 

 For pine 

 For spruce 



III 



IV 



I 



III 



I 



II 

 I 



II 

 III 



63.00 

 27.00 

 85.00 

 40.00 

 67.00 

 50.00 

 146.00 

 67.00 

 36.00 



The stands from 1 to 20 years old (620 acres) were calculated by 

 cost values, also the larger nurseries, with a stand value of around 

 $50 per acre and the soil value of $113 per acre. 



The stands from 21 to 60 years (1,670 acres) were figured by the 

 expectancy value, totaling a stand value of $145, with a soil value 

 added of $60. It is interesting to note how these stand values for 

 different species vary: oak and beech obtaining a value of $81, 

 pine of $162, spruce of $270. 



The values of stands above 60 years of age (700 acres) were 

 determined by sale values. These averaged $360, to which is to 

 be added for the soil $77. A few acres of blanks were entered with 

 their soil value based on spruce. 



Adding all these values together the value of stands per acre 

 was found to be $177 and the soil value $71.50 or the forest value 

 a little less than $250; the soil representing one-third, the stock 

 two-thirds. 



In addition, there was a loss of rent for the hunting privileges 

 of $40,000 and a loss of by-products to the amount of $3,000 to 

 roimd off the value to $300 per acre. 



Professor Wimmenauer commenting on this exposition considers 



