STUM PAGE PRICES 309 



sales in the same forest the rates (based on an actual scale of the logs) were (1) (average 

 d. i. b. 4.4 to 15.6 inches) $22.17 per thousand feet board measure or $23.27 with 5 per 

 cent added for charges; (2) (average d. i. b. 6.4 to 11.5 inches) $19.73 and with 5 per 

 cent added $20.72. 



(c) In the rich fir forest of Noir^mont secondary fellings brought $21.62 per thou- 

 sand feet, or $22.70 with the 5 per cent added. Here the haul was longer than in 

 Gerardmer. 



(d) In the Jura (forest of Frivelle) small pulpwood on the stump from thinnings 

 was $3.47 per cord. 



(e) In the forest of Risol (Jura) stumpage was about $19.30, or with 5 per cent 

 added $20.26. 



(/) In the forest of Mouthe (Jura) fine timber near the road cut in final fellings 

 brought $27.50 per thousand feet board measure, or with 5 per cent added $28.87. 



(g) In the forest of Chotel (with a 26-mile downhill haul for the lumber) the price 

 for fir was $24 to $25.20 a thousand. This high price was due to competition between 

 local mills. 



From the foregoing figures it is safe to say that in 1912 the best fir-spruce 

 stumpage, easy to log, sold for $20 to $25 a thousand feet board measure 

 or four to five times the then current price in northern New England 

 which was between $4 and $8 per thousand feet board measure. Since 

 the war stumpage prices in France have increased to a greater degree than 

 in the United States. 



A comparison of stumpage rates *^ in the various regions, on the basis 

 of average sales gives a lower price and is less exact but nevertheless of 

 interest. In the table which follows the ratio between thousand feet 

 board measure and cubic meters has been varied according to the 

 estimated size of the timber; this explains why 60 francs per cubic 

 meter of fir is less than 60 francs per cubic meter of oak and why 55 

 francs per cubic meter in the Cevennes is more than 55 francs in the 

 war zone. Maritime pine which takes 4 cubic meters to the thousand 

 board feet is relatively more expensive (per cubic meter) than fir which 

 takes 3 cubic meters to the thousand. The same applies to small 

 Scotch pine. 



^« For statistical purposes it is presumed that in mature conifer stands cordwood will 

 comprise 10 per cent of the yield (under French logging conditions) and in mature hard- 

 wood forests 20 per cent; the amount of cordwood varies, but to simplify the calculations 

 the average saw timber rates have been merely increased 10 per cent and 20 per cent; 

 this provides for the loss in saw timber but allows nothing for the 10 per cent to 20 per 

 cent of cordwood stumpage received by the purchaser in lieu of that much saw timber. 

 The normal rate of exchange has been used. 



"Boise d'Oeuvre" or timber included: (1) "Bois de service or de construction" 

 includes (a) "Charpente" or construction timber of considerable size, the exact dimen- 

 sions varying with the different markets; (6) ties; (c) telegraph poles; mine props. 

 (2) "Boise d'Industrie ou de Travail " may be (a) "sciages," boards, and scantlings of 



