266 COLLECTION OF STATISTICS. 



4. Generalhi. 



For forests worked on financial lines, the receipts and expenses 

 should be so arranged, that it is possible to ascertain — 



(a.) The current forest per cent, of each wood whenever 

 desirable. 



(6.) The forest rental, being the difference between all 

 receipts and expenses. It is used to determine the 

 percentage, which the forest capital has 3'ielded. 



(c.) The capital value of the forest, being the sum of the 

 value of the soil plus value of the growing stock. For 

 the preparation of working plans, based upon financial 

 principles, these values may be ascertained as follows : 

 the data of receipts and costs, collected for the several 

 woods, will enable the forester to calculate a series of 

 expectation values of the soil for the different qualities 

 of locality ; besides, all available data referring to actual 

 sales of land, similar to the forest lands in question, 

 should be carefully noted. By combining these data, 

 it will be possible to determine the value of the soil 

 with sufficient accuracy for the purpose of working plans. 

 The capital value of the growing stock is then deter- 

 mined as the cost value, calculated with the value of 

 the soil as determined above, or as the utilisation value 

 in the case of woods, which are near maturity. 



Section IV. — General Conditions in and around the Forest. 



The management of a forest depends, not only on the state 

 of its several parts, but also on the general conditions, which 

 exist in and around it. The latter must, therefore, be ascer- 

 tained at this early stage, and they should be used for a 

 general description of the forest, to be incorporated into the 

 working plan report. 



The field of inquiry here indicated is of considerable extent ; 

 the following matters may be mentioned : — 



(1.) Name and situation of forest, giving the latitude and 

 longitude where necessary. 



