OUR COAL LANDS 



449 



' To>vnsh'p 2/ A/. Range/OdJVoffhe ScA&A PM hya/ncn.O 





Fedrti ar/ 2€> 1910 



L. 



.■i.'-e-« gii^e once ■" ;' .-j- 



[i^ I then 16 mi.Le Icmct) 



A WYOMING TOWNSHIP PARTIALLY UNDERLAIN BY COAL, CLASSIFIED AND VALUED 



IN 40-ACRE BLOCKS 



Price ranges from $20 an acre to $465 an acre. Acreage of coal land in this township, 10.339 

 acres, valued at $2,779,688; avearge $268 per acre 



one or more beds, and quality of coal. 

 Under these regulations a maximum 

 valuation of $300 an acre is allowed for 

 virgin fields where the tonnage estimates 

 are based solely on geologic conclusions, 

 while in fields where mines are already 

 developed and the prospective purchaser 

 knows exactly what he will get there is 

 no limit to the values which may be fixed. 

 Under these new regulations the area 

 classified as coal land by the Geological 

 Survey up to May i, 1910, a period of 

 13 months, has been valued and the sale 

 price fixed at $232,398,000— an average 

 rate of a little over $^2 an acre. This 

 acreage would, if sold at the minimum 

 price fixed bv law, yield but $76,169,000. 



Here is a gain, therefore, of $156,000,- 

 000 in coal-land values representing a 

 little over a year of coal classification 

 work. 



The values of the coal lands, as fixed 

 by the Survey, of course vary greatly: 

 they run all the way from the minimum 

 jirice up to as high as $465 an acre in 

 certain lands in Wyoming. Each 40-acre 

 tract is separately classified and valued. 



In one Wyoming township, a plat of 

 which is shown on this page, the value 

 of the land classed as coal under the 

 present regulations is $2,770,688. At 

 the minimiim price it would bring only 

 $206,780. 



During the single month of April ap- 



