Son. AND 1 

 SITUATION"! 



QUALITY IV. 



SCOTS PINE 



[Contitmed. 



* 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 axes from one year old up to maturity. The cost of replanting is estimated at 5 per 

 acre, ami it is assumed that the land is allowed to lie fallow for one year. 

 81 



Diagrams 



showing 



proportion of 



Thinnings to 



Final Crop. 



On a 

 45-year 



rotation. 



IN VOLUME. 

 (To 3 inches diameter.) 



IN VALUE. 



On an 

 SO-ycar 



rotation. 



The most profitable rotation 



(according to the yields and prices indicated) 

 Is one of 45 to 48 years, if interest is reckoned at 3i per cent. 



or ,, 45 ,, ,, ,, at 4 per cent. 



Prices of Timber (standing). 



The timber has been valued according to the following scale of 



prices : Per cub. ft. 



Trees containing less than 4 cub. ft. 

 ,, 4 cub. ft and less than 

 6 

 8 



10 

 15 

 20 

 25 

 30 

 ,,40 , and over 



