20 UNIVERSITY OF WASHINGTON 



151-152. FOREST MANAGEMENT. Five credits first semester, 

 three credits second semester. Required of all students in senior 

 or graduate year. Prerequisite, 51, 52, and 102. Additional pre- 

 liminary courses recommended, 156 and Economics 9, 10. KIRK- 

 LAND. 



Forest finance, including theoretic discussion of values, out- 

 lay, income and valuation of assets, as applied to forest lands; 

 forest valuation; general financial aspects of forest production 

 and timber investment; application of compound interest to for- 

 est investment; profits from timber investment and forest pro- 

 duction; appraisal of damages; stumpage values and appraisal in 

 the field; comparison of forest with agricultural values. 



Forest organization in public or private owned forests, 

 either for immediate exploitation or continuous forest produc- 

 tion, examination and report on forest properties; basis of de- 

 termination whether tract shall be used for immediate exploita- 

 tion or continuous forest production; organization in each case; 

 in case of continuous production methods of silviculture; the ro- 

 tation; regulation of annual cut; protection, improvements, spe- 

 cial consideration of correct procedure in the Pacific Northwest 

 on private, state, or national forests; forest administration. 

 Texts: Chapman, Forest Valuation; Roth, Forest Regulation; 

 Rechnagel, Working Plans. 



153. GENERAL LUMBERING. Four credits. First semester. 

 For seniors or graduate students only. Prerequisite, 51, 52. 

 CLARK and special lecturers. 



Comparative methods of logging on the Pacific Coast and in 

 other lumbering regions of the United States. Study of ma- 

 chinery, organization, methods and costs of sawmill operations. 

 Grading of lumber, transportation, lumber associations and gen- 

 eral points connected with lumber industry. Text: Bryant's 

 Logging. 



154. SCALING AND CRUISING. Two credits. Second semester. 

 Required of all students in senior year. Prerequisite, 52. CLARK. 



Advanced work in scaling and cruising, topographic mapping, 

 woods surveying, and the study of a logging operation. The field 

 work for this course will be given on a two weeks' field trip to 

 a logging operation during the spring vacation. The office work 

 and preparation of timber sale report will be performed in the 

 classroom at the conclusion of the field work. 



