16 University of New Hampshire 



HuNDRCO DOLLAOS 



[Sta. Bull. 323 



J (0 15 20 25 30 35 40 45 30 55 60 



Age of Trecs 

 Figure 10. — Annual Net Returns Per 1000 Trees for Each of the 

 Three Methods of Planting. 



Thousand Dollars 



25 30 3S 40 



Age of Trees 

 Figure 11. — Annual Net Kkti kns Vv.k 1000 Trees Accumulated 

 AND Compounded at 5% Interest for Each of the Three 

 Methods of Planting. 



The chief difference between the thivc meth<><L> i-s in the inventory. At the end 

 of 25 years there would be lOOO trees, 500 trees and 250 trees respectively 



in the three methods. 



sooins 1o brinjr a.s prood _vi('l<ls as intensive; nianujj^ciiit'iil. Tlic spraying, 

 howcvci'. nnisl Ix- llioiongli and liuiely. 



Effect of late bearing 



Late hcai'ing ordiarils result in deJaNcd iiieonie and the lon^^ei- j)ei'i()d 

 of heavy carrying expense withont income lajjidly aecunmlates into a 

 lai'ge total investment. 



In figure i;{ the annual net inronie on a delayed Ix-aring orchard is 

 compared to one of slaudard yields. For this purpose the yields de- 



