INDEX 309 



ARTICLE PAGE 



Time, as a factor controlling stumpage prices 170 169 



element in capital value 64 42 



of, in values 11 6 



relation in, between outlay and income 23 14 



Total costs, calculation of, in growing timber 106 77 



investment includes working capital 24 15 



loss, immature timber, damages 142 133 



Trading and profit and loss account in forestry 131 118 



Transportation costs, effect on stumpage prices 170 169 



effect of methods, upon logging costs 175 178 



facilities, future, as a local factor in stumpage appraisals 190 202 



systems and roads, investments in 98 73 



Trees, damage to 144 136 



Trespass, damage as result of 140 131 



as a moral risk 206 212 



Types, forest, in timber estimating 221 221 



Uncertainty of capital value 67 43 



Undertaking, profits of the 39 23 



Use of logarithms 78 55 



Uses of wood 189 199 



Utilization, closeness of 186 197 



as affecting timber estimates 217 2 19 



Valuation accounts 19 n 



versus specific accounts 64 35 



in forestry 110 85 



of railroad assets during period of construction 67 36 



Value, appraisal of 60 38 



appraised 18 10 



capital, definition of 62 39 



uncertainty of 67 43 



capitalized income, definition of 62 40 



rental, definition of 62 40 



cost as a basis of 66 35 



essential difference between cost and 68 37 



expectation, definition of 62 39 



expenses and interest versus 67 35 



future income as a basis of 61 38 



income, definition of 62 40 



of even-aged forest for any year 116 90 



finished products 4 2 



a forest of even age just previous to cutting 114 89 



forests, income as basis of Ill 85 



forest land, elements of 243 233 



property for continuous forest production 113 88 



destructive lumbering 112 86 



soil... 116 92 



