144 PRACTICAL FORESTRY. 



The figures are based on the following points: 

 (i.) That the crop is of pure larch. 

 (2.) That the soil is of a medium but useful character. 

 (3.) That the trees, when planted, have been bought 



of a nursery-man, or planted by contract. 

 This is an important item, and leads to an increased cost. 

 (4.) That the initial distance apart, and distribution, 



has been 4 feet, and equilateral. 

 (5.) That the rent, rates, taxes together are estimated 



at ten shillings an acre. 



(6.) That the rate of wages has been normal. 

 (7.) That the trees were planted in pits. 

 (8.) That the whole had to be fenced against ground 



game. 

 (9.) That no drainage was needed. 



s. d. s. d. s. d. s . d. 



Cn.4 if fencing 200 



,, plants ... ... 2 14 o 



,, digging holes and 

 planting ... ... ... 3 o o 



Rent, rates, and taxes for 

 one year... ... ... o 10 o -S 4 o 



Compound interest on the 

 ^8. 4s. for 12 years at 

 4 per cent. ... ... ... ... ... 13 2 o 



First thinning, at 12 years, 



200 trees at id. each ... o 16 8 



Deduct cost of thinning, say o 8 4 ... o 8 4 12 13 8 



At 16 years of age, interest 

 on 2" 1 2. I3s. 8d. for 4 

 years at 4 per cent. ... ... 14 15 9 



Second thinning, 300 trees 



at ijd. each I 17 6 



Deduct cost of thinning, say 018 9-018 9 



