SOIL AND I 

 SITUATION- t 



QUALITY II. 



SPANISH CHESTNUT 



[Continued. 



* This sum represents the average nett income per acre which will be earned upon the average 

 accnmuiatfd capital when once the forest is in proper working rotation, i.e., when it is normally stocked 

 with crops of all ages from one year old up to maturity. The cost of replanting is estimated at 

 5 per acre, and it is assumed that the laud is allowed to lie fallow for one year. 

 U 



Diagrams 



showing 



proportion of 



Thinnings to 



Final Crop. 



On a 

 55-year 



rotation. 



IN VOLUME. 

 (To 3 inches diameter.) 



IN VALUE. 



On a 

 75-year 



rotation. 



The most profitable rotation 



(according to the yields and prices indicated) 

 Is one of 7O years, if interest is reckoned at 3J per cent 



SO 



at 4 per cent 



Prices of Timber (standing). 



t These prices are equivalent to the following scale of prices : 



Timber 12 in. q.g. and over at 1. per cub. foot. 



6 in. q.g. and under 12 in. at 8d. per cub. foot 

 below 6 in. q.g. at 3d. per cub. foot. 



