COMMERCIAL FORESTRY 



Time was when this State was a great pro- 

 ducer of grazing animals that were raised at a 

 profit. Conditions now are greatly changed ; and 

 if we have learned anything in scientific agricul- 

 ture in recent times, it is that concentration on 

 smaller areas and a more definite rotation of 

 crops make the successful farmer. This same 

 logic and philosophy turrl over acres upon acres 

 of lands of our farms, at present in an unproduc- 

 tive and unprofitable stage, to an industry with 

 not only great possibilities commercially, but im- 

 proving a condition at present greatly needed. 



(5) WHITE PINE PLANTED (NURSERY 

 STOCK) 



White pine seedlings, set 6 x 6 feet, require 

 1,210 per acre. Two-year seedlings are worth 

 $5 per 1,000. 



Compound interest on valuation, $11, for forty 



years, ' . . . . . . . $41 81 



Compound interest, 1,210 seedlings, at 

 $5 $6 05 



Compound interest, transplanting 



1,2 10 seedlings 4 95 



Total $11 00 



$1 1 at interest for forty years, . . . . 52 80 



Taxes, with interest : 



First ten years, . . . . $6 63 



Second ten years, . . . ' . . 7 15 



Third ten years, . ; . ' . 6 34 



Fourth ten years, . . . V, 633 



26 45 



Total cost $121 06 



Product at end of forty years, 40,000 B. M. 

 feet, at $5, equals $200, leaving a net profit of 

 $78.94, or $1 .97 a year per acre. 



These figures are based upon the maximum 

 12 



