12 N. H. EXPERIMENT STATION [Bulletin 319 



Agricultural Economics 

 Fruit Farm Studies 



The basic data for the study of orchard management problems 

 \' ere revised and rechecked. reports H. C. Woodworth. Cost data in 

 terms of labor hours and materials have been plotted for the com- 

 mercial life of the orchard. Also the gross income in terms of nor- 

 mal expected yields and money value at different levels has been 

 plotted for the commercial life of the orchard. From these the rel- 

 ative value of trees at different ages has been indicated by discount- 

 ing future net earnings. The highest potential value of apple trees 

 is reached previous to the period of heavy yields. The young tree 

 witli yield sufficient to cover operating expenses has its productive 

 period ahead and has the greatest value. 



The manuscript A\i]l lie completed this spring. (Pnrnell Fund) 



The Study of Land Utilization in Grafton County 



The pattern of ownership in an area is an important influence in 

 adjustment of local population to local resources. From the data 

 available in the southern Grafton county study, an analysis was made 

 of the size of holdings, residence of owners, and intent of ov^mership, 

 reports H. C. Woodworth. Of the 1470 tracts of land, only 218 were 

 occupied by owners, but 380 other tracts were owned by local resi- 

 dents living within the same town. Of the remaining tracts, 427 

 were owned by residents of Grafton county, 150 by residents of the 

 state and 270 by out-of-state people. 



Of the 42.438 acres owned by out-of-state residents, only 6,174 

 acres were associated with summer homes, 29.700 acres were wild 

 land, and 4,101 acres were in vacant farms, and 1,966 acres were as- 

 sociated with operated farms. Approximately 23 per cent of the 

 area was owned by local residents. Thus the management of timl)er 

 resources on 77 per cent of the total area was held by peojde who 

 had little concern for the local social and economic problems. 



The list of ownership includes 21 states. Massachusetts residents 

 held 122 tracts totaling 18.084 acres and one resident of Arkansas 

 held a tract of 12 acres. For the area as a whole. 924 tracts were 

 under 100 acres. 450 were 100 acres but under 300 acres, and 96 over 

 300 acres. 



John Chandler listed the amount and location of timber logged in 

 Dorchester during the last three years. Fie did this by interviewing 

 selectmen, land owners, and lumber companies that had logged in 

 Dorchester. We nf)w have a detailed inventory of the forest re- 

 sources of Dorchester as of 1933 and an annual estimate of the pulp- 

 wrx.d and log'^ Ink en <i!it. /'Pin-fiiJI fimrl) 



The Conservation Program in New Hampshire 



P.ullctin No. 314, "Tlic Xgricullural Conservation Program in Xcw 

 1 lam]ishirc." was i)ublished in June, 1939. analyzing the 1937 pro- 

 gram in a sample r>f twelve towns. The 1939 .\A.\ records of parti- 

 cipants in the program were examined and data concerning the use 

 of lime and superphosphate were analyzed. These indicated that 



