21 



apart each way. The soil was poor. In 1908, or thirty-two 

 years after the planting, four (4) trees were cut. Their measure- 

 ments were as follows: 



No. i 72 feet high, n-inch butt cut, 46$ feet of logs 6* at top end 

 No. 2 57 feet high, i s-inch butt cut, 47 J feet of logs 6* at top end 

 No. 3 63 feet high, 14-inch butt cut, 42 feet of logs 6' at top end 

 No. 4 67 feet high, i6-inch butt cut, 40 feet of logs 6' at top end 



The rate of growth, shown by the trees cut, amounts to one and 

 one-half cords of pulp wood per acre per year. 



PROFIT TO BE DERIVED BY REFORESTING 



Area, one acre. 



Species, white pine. 



Land valued at $4 per acre. 



Taxes at 2 per cent, on two- thirds valuation. 



Interest at 5 per cent. 



Seedlings at $1.50 per thousand or $2 per acre. 



Transplants at $3.50 per thousand or $4 per acre. 



Cost of planting (labor etc.) $4 per acre. 



Yield of white pine based on New England yield tables. 



Soil second quality. 



Stumpage prices are those prevailing at present, no allowance has 



been made for increase which will surely occur and greatly 



increase the profit. 



With the decreased supply coupled with increased demand higher 

 prices for lumber and wood products will result. Planting a forest 

 crop on our poor, worn out, or abandoned lands is an excellent 

 investment, and there is nothing difficult in the operation. 



