200 



AMERICAN FORESTRY 



owner does his own lumbering, the 

 stumpage value and profit in lumbering 

 will both be his. 



On the basis of costs given for market- 

 ing the product, stumpage values would 

 be as follows : 



Lumber: Per M. bd. ft. 



Average value of lumber "Long Run" $2S . 00 

 Cost of lumbering $12.75+25% profit 15 .94 



Stumpage value $9 . 06 



First Second 



Ties : class class 



Averagevalue $0.56 $0.50 



Cost of lumbering and profit 



(25%) 0.44 0.36 



Stumpage value . 



1.12 



$0.14 



25-30 40-50 



ft. 35 ft. ft. 60 ft. 

 Poles: Poles Poles Poles Poles 



Average Value $2.50 $4.00 $6.00 $9.00 



Cost of logging and 



profit (25 %).... 1.35 2.00 3.56 6.69 



Stumpage value $1.15 $2 . 00 $2 . 44 $5.31 



Cord-wood ; 



Average value $4.00 for chestnut, and 

 similar wood. $5.00 for oak, $6.00 for hickory. 



At the rate of hauling, used in these 

 figures, the value of the wood standing, 

 as far as cordwood goes, would be 

 nothing, as it would be a losing proposi- 

 tion to try and market it. 



As noted, under such circumstances, 

 it may pay to burn the wood into char- 

 coal on the tract. This gives a lighter 

 and more valuable product to haul. 



Average value 34 bushels charcoal 



(from 1 cord of wood) $3 . 40 



Cost of logging and profit (25%) on 34 



bushels . . 3.51 



Stumpage value 1 cord of wood $0. 10 



Under the above theoretical condi- 

 tions, it will be seen that selling cord- 

 wood, the owner would lose $1 a cord, 

 and converting it into charcoal would 

 still be at a net loss of ten cents a cord, 

 allowing 25 per cent profit. However, 

 allowing 20 per cent on the operation, 

 at 10 cents a bushel for charcoal, the 

 owner could come out even, where he 

 would lose money trying to sell as fire- 

 wood. This sometimes is important in 

 figuring on a pure improvement cutting, 

 or in clearing land after fires, etc. As 

 a general rule, the market for cordwood 

 is closer at hand mostly at home. 



AVERAGE STUMPING VALUE FOR DIFFER- 

 ENT PRODUCTS. 



For convenient reference, taking 

 in consideration ordinary conditions, 

 in woodlots fairly well stocked and in 

 from fair to good condition, the follow- 

 ing stumpage value will give an idea of 

 actual value, or of what should be a 

 fair value for stumpage. 



Cordwood for firewood, 50 cents to $1 

 per cord. 



Ties, 8 cents to 12 cents per tie. 



Poles, $1.25 for 30 ft. pole. 



Lumber, $6 to $10 per thousand 

 board feet. 



Average stumpage value for wood- 

 lands of different sized average trees 

 per acre in well-stocked stands will be 

 about as follows : 



Stands averaging Value per acre. 



4 inches diameter $15.00 



6 inches diameter. 



8 inches diameter. 

 10 inches diameter. 

 1 2 inches diameter . 



25.00 to 30.00 

 35.00 to 50.00 

 40.00 to 65.00 

 45.00 to 85.00 



To be Continued. 



(AMERICAN FORESTRY is indebted for the illustrations used in this article to the New York 

 State Conservation Commission and the Rhode Island Department of Forestry. Editor.) 



Canada has established a forest products laboratory in connection with McGill University"" at 

 Montreal, on the lines of the United States institution of the same sort at the University of Wisconsin. 



Tree planting on national forests has to be confined to comparatively short intervals in spring and 

 fall. In spring it starts when the snow melts and stops with the drying out of the ground; in the fall 

 it comes between the fall rains and first snowfall. 



New York leads all the other States in the Union in lumber consumption, with a total annual 

 bill for timber of all kinds of over $54,000,000. 



