204 HOW TO FIND THE VALUE OF 



day called upon to cut down and value trees of full- 

 grown dimensions. In this case it is not the trans- 

 ferable value of the unripe crop as found upon the 

 land that we have to do with : it is the simple value 

 of wood itself, the value of each tree in its perfect 

 state, in so far as the ground is qualified to produce 

 it. It is often necessary that full-grown timber 

 trees should be valued previous to their being cut 

 down; and particularly in the case of a transfer of 

 property, it is absolutely necessary to have this done, 

 seeing that the trees are a part of the property to 

 be sold. In taking the value of timber in its grow- 

 ing state, two methods are in practice among wood- 

 valuators : the one is to measure the height of each 

 tree by means of a measuring pole with a ladder, 

 and by actually girthing the tree in the middle with 

 a cord, and finding the contents in the usual 

 manner of measuring round timber : the other 

 method is, that of judging by the eye the number 

 of feet that each tree may contain. 



With regard to the first method — namely, that 

 of measuring the trees by means of a pole with a 

 ladder; — some suppose that this is the most correct 

 way of going to work in the valuation of growing 

 timber; and in consequence of this opinion having 

 for some time past prevailed among the older class 

 of valuators, much precious time has been lost by 

 them, as well as useless expense entailed upon the 

 proprietors who have employed them. I have my- 



