CHAPTER XVII. 



MEASUREMENT AND VALUATION OF 

 LARCH PLANTATIONS. 



THE measurement and valuation of larch plantations 

 differs somewhat from the ordinary valuation of 

 timber. When larch or other fir have attained timber 

 size the quantity and value may be determined in the 

 usual way /.*., by ascertaining the cubical contents, 

 and placing upon it the market value. This value 

 may range from 6d. to is. a foot according to size, 

 quality, and kind. 



Often, however, plantations as a whole are sold, 

 either for cutting, or for transfer on sale of land. 

 These areas are often of various ages, some newly 

 planted, others approaching maturity, others ripe 

 for cutting. Some have not reached timber size, 

 and yet possess a considerable present value to 

 the timber merchant, or prospective value to the land- 

 owner. It is not usual to take into account pro- 

 spective values when valuing timber, and yet this item 

 cannot altogether be lost sight of in determining the 

 value of land, nevertheless we pass it by here. 



Plantations of Scotch fir possess little value until 

 they have attained timber dimensions, and are seldom 



