REPORT ON FORESTS. 27 



The entire area of cedar swamp is 52,500 acres, and there is 

 besides 85,100 acres of pine and deciduous swamp which contains 

 some cedar. 



The following estimate of the total value of the forest of the 

 State is necessarily an approximation only, but may be useful as 

 a guide, and is believed to fairly indicate the value of timber 

 and land taken together : 



Kittatinny mountain and valley and the Highlands ; 398,000 



acres @ $25, $9,950,000 



Red sandstone region ; 194,800 acres @ $40 7,792,000 



Clay and marl region ; 1 47, 840 acres @ $35, 5,174,400 



Pine forest ; 1,191,579 acres @ $10, 11,915,790 



Cedar swamp ; 52,500 acres @ $90, 4,725,000 



Pine and deciduous swamp, containing some cedar; 85,100 



acres @ $20, , i 702,000 



Total, $41,259,190 



The average value for the whole forest, according to this esti- 

 mate, is $20.60 per acre. In 1890 the census valuation for 8,355 

 acres of merchantable timber cut off and returned by the mills 

 to census enumerators was $5.60 per thousand feet, board 

 measure, on the stump, and the yield was 4,986 feet, board meas- 

 ure, of merchantable lumber per acre, giving a value per acre, on, 

 the stump, of $27.92 for the merchantable lumber. If we add 

 for the value of cord wood and other products, this will give 

 probably above $45 per acre as the value, on the stump, of this 

 timber. If we add for the value of the land, it will bring it to 

 about $55 per acre. This was probably all upwards of 50 years 

 old, and the value thus determined accords sufficiently with our 

 estimates. 



The above valuation may be compared with that of the im- 

 proved land of the State, of almost exactly equal area, as follows : 

 The 2,662,009 acres of land in farms was valued by the census 

 of 1890 at $159,262,840. If we allow for the 662,882 acres of 

 unimproved land included in farms, $30 per acre, we have 

 $19,886,460. Deducting this from the total value of land in 

 farms, as above, we have for the improved land, including fences 

 and buildings, $139,376,380, so that the value per acre is $70 

 against $20.60 for the forest. 



