514 



APPENDIX 



per year, worth $12 per acre. The total annual revenue from timber is 406,730 francs 

 ($84,500) and the soil and growing stock are estimated to be worth 20 million francs 

 ($3,860,000). Deducting 50 cents an acre for taxes and administration, this gives a 

 net of $81,235 or about 2 per cent on the invested capital (see p. 322). A comparison 

 of the normal (empirical) number of trees and stand per hectare with the actual stock 

 is given in the graph which follows : 



0.20 0.25 0.30 0.35 0.10 0.15 0.50 O.t 



0.60 0.65 0.70 0.75 0.80 0.85 0.90 0.95 



D.B.H. in Centimeters 



.00 1.05 1.10 1.15 1.20] 



