SOIL AND 1 QUALITY I. 

 SITUATIOS/ (the best). 



SITKA SPRUCE 



[Continued. 



* This miii! 'hi? average nett income p^r acre which will be earned upon the average 



accumulritfd 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 

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



IN VALUE. 



On an 

 80-year 



rotation. 



The most profitable rotation 



(according to the yields and prices indicated) 



Is one of 4-8 years, if interest is reckoned at 3J 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 5 cub. ft. . 



,, 5 cub. ft. and less than 9 cub. ft. 



9 14 



14 20 



20 32 



32 .. and over 



Including 



tops" to 8 in. 



diameter. 



