15 



Thus the mean annual expenditure in connection with working the sal forests is calculated 

 at Rs. 8,784. The mean annual yield is 636 trees which are calculated to yield on an average 

 40 cubic feet per tree or 25,440 cubic feet. Thus the expense of landing a cubic foot of sal 

 timber at Nainpur is 5| annas. It is not likely that this rate will be exceeded. 



The royalty on sal timber is four annas a cubic foot. Considering the quality of timber 

 produced a profit of at least 12 annas per cubic foot might be expected. The price of sal 

 timber at Nainpur should therefore be not less than Re. 1-2-0 per cubic foot. 



Another point which suggests that a profit of 12 annas per cubic foot may be expected is 

 the fact that the sal timber at present landed in Jabbulpur from the South Phen and Motinala 

 Reserves fetches Re. 1-2 to 1-8 per cubic foot. If timber from the Banjar Valley is to be 

 landed at Jabbulpur, an additional expenditure of 2 annas per cubic foot will be incurred on truck 

 hire from Nainpur to Jabbulpur, thus making the cost of landing sal timber at Jabbulpur to.be 

 7i annas per cubic foot. It is reasonable to expect that an average price of Re. 1-5 per cubic 

 foot will be obtained at Jabbulpur for sal timber in the future in which case the profits will be 

 Re. 013-6 per cubic foot, thus the expected revenue from sal timber is Rs. 21,465. From the 

 above figures it will be noticed that the cost of transport is by far the largest item in the 

 expenditure and that any arrangements which would reduce the cost by even I or 2 annas 

 per cubic foot would probably result in a saving. When a steady market at the above 

 rates and when some experience in working the forests have been obtained some saving On the 

 cost of transport will probably be possible. 



The following is a tabular statement showing estimated revenue and expenditure by 

 subheads complete for the Banjar Valley Reserve : 



REVENUE. 



From 



Rs. a. p. 



RI a Sal timber ... ... ... 33)39O o o 



RII c ... ... ... 12 o o 



Rlltt ... ... ... 48 o o 



RII ... ... ... 15 o o 



RV c ... ... ... 35 o o 



Total ... 33,5oo o o 



EXPENDITURE. 



Ala ... ... ... 11,925 o o 



AI c ... ... ... i o o 



AI e ... ... ... 159 o o 



AVI c 

 AVII a 

 AVII b 

 AVII c 

 AVIIIa 

 AVllld 

 AVIII/ 



AIX b 

 BI c 

 AVIII b 



Total ... 15,131 o o 



From the above figures it is calculated that the financial results will be a net annual profit 

 of Rs. 18,369 for the area with which this working plan deals. 



