

QUALITY IIL SPANISH CHESTNUT 



[Continued. 



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

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

 with crops of all a^-es from one year old np to maturity. The cost of replanting is estimated at 5 per acre, 

 and it is assumed that the land is allowed to lie fallow for one year. 

 47 



Diagrams 



showing? 



proportion of 



Thinnings to 



Final Crop. 



On a 

 52-year 



rotation. 



IN VOLUME. 

 (To 3 inches diameter.) 



IN VALUE. 



On an 

 85-year 



rotation. 



The most profitable rotation 



(according to the yields and prices indicated) 



Is one of 52 to 6O years, if interest is reckoned at 3J per cent, 

 or 52 to 55 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 Is. 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. 



