20 



Money at 5 per cent; value of land, $4 per acre; cost of planting $7 per acre. 



* Minus sign means a loss; the investment bringing less than 6 per cent, interest return. 



Money at 6 per cent.; value of land, $4 per acre; cost of planting, $7 per acre. 



* Minus sign means a loss; the investment bringing less than 6 per cent, interest return. 



A small plantation of white pine was made by C. H. Faxon of 

 Chestertown in 1884. Measurement of the trees made this year 

 shows that there is in this plantation about 24,000 feet of white 

 pine lumber per acre. In other words, this land, which was too poor 

 for agricultural purposes, has produced, approximately, 1,000 board 

 feet of lumber per acre per year. 



Norway Spruce. A small plantation of Norway spruce was made 

 on the Billings' Estate at Woodstock, Vermont. The trees were 

 planted in a narrow strip on a side hill, and were set out 8 feet 



