﻿FOREST MANAGEMENT OF LOBLOLLY PINE. 



19 



Table 15. — Stumpage value per acre of even-aged, fully stocked stands of loblolly pine 

 to be manufactured into graded North Carolina pine lumber. 1 



[Trees 7 inches and over in diameter, breast-high.] 



Age 



Quality 



Distance from railroad miles. 





2 



4 6 



8 



12 



16 



(years). 



of site. 















Stumpage value per acre of graded North Carolina pine lumber. 



20 



I 



$32. S3 



$31.78 



$29. 69 



$27. 61 



$25. 71 



$21.93 



$18. 14 





II 



17.81 



17.23 



16.06 



14.89 



13.85 



11.78 



9.71 





III 



5.16 



4.98 



4.60 



4.26 



3.95 



3.32 



2.69 ' 



30 



I 



99. 50 



96. 57 



90.72 



84.87 



79.46 



68.65 



•57.84 





II 



61.14 



59.27 



55. 52 



51.79 



48.35 



41.49 



34. 63 





III 



22.52 



21.81 



20.39 



18.98 



17.68 



15.09 



12.50 



40 



I 



175. 05 



170. 29 



160. 77 



151.25 



142. 20 



124. 13 



106.03 





II 



108. 91 



105. 82 



99.63 



93.46 



87.67 



76.13 



64,57 





III 



52.66 



51.14 



48.09 



45.05 



42.22 



36.59 



30.95 



50 



I 



259. 91 



253.38 



240. 34 



227. 30 



214. 66 



189. 37 



164. 05 





II 



168. 49 



163. 95 



154. 93 



145. 28 



137.29 



120. 12 



102. 94 





III 



97.64 



94.97 



89.62 



84.25 



79.22 



69.14 



59 06 



1 Based on Table 23, showing the yield by grades of fully stocked stands, and Table 11, showing value of 

 grades at different distances from the market. 



PAST AND FUTURE LUMBER VALUES. 



The following tables are given to show the upward tendency in the 

 past of two important grades of North Carolina pine lumber. They 

 indicate that present prices will in all probability be exceeded in the 

 future, or at least be maintained. 



Table 16 gives the average wholesale prices at which North Caro- 

 lina pine rough lumber, under 12 inches in width, was actually sold 

 during 13 quarter-year periods. 



Table 16. — North Carolina pine prices per thousand board feet f. o. b. Norfolk. 



Period. 



No. 1 edge 



4/4 i under 



12-inch 



width. 



Box edge 



4/4 under 



12-inch 



width. 



October, November, December, 1909 



January, February, March, 1910 



April, May, June, 1910 



July, August, September, 1910 



October, November, December, 1910 



January, February, March, 1911 



April, May, June, 1911 



July, August, September, 1911 



October, November, December, 1911 



January, February, March, 1912 



April, May, June," 1912 



July, August, September, 1912 



October, November, December, 1912 



$25. 25 

 22.00 

 24.75 

 24.00 

 24.50 

 24.75 

 24. 50 

 24.25 

 24.25 

 25.00 

 25. 25 

 25.75 

 27.52 



$12. 50 

 13.00 

 12.50 

 12.50 

 12.50 

 13.00 

 12.50 

 12.75 

 13.50 

 15.25 

 15.25 

 15.75 

 16. 99 



i 4/4 refers to the thickness of the lumber. It means that it is four quarter inches or one inch in thickness. 



Table 17 gives the average listed North Carolina Association prices 

 by grades, for rough lumber under 12 inches in width, for the last 24 

 years. Prices f. o. b. Norfolk, per thousand board feet. 



