﻿WHITE PINE UNDER FOEEST MANAGEMENT. 



29 



Table 11. — Stumpage values per thousand board feet and per acre of second-growth white- 

 pine stands of average yield f 



Age. 



Years. 

 20 



25 



30 



35 



40 



45 



50 



55 



60 



65 



70 



Quality. 



Stumpage value, with hauling capacity, per team, of— 



1 M per day. 



2 M per day. 



3 M per day. 



4 M per day. 



PerM. 



Per acre. 



PerM. 



Per acre. 



PerM. 



Per acre. 



PerM. 



Per acre. 



(I 







$2.32 



$10. 50 



$3.15 



$14.00 



$3.57 



$16.00 



ill 







llll 



















in 



$1.18 



$10. 00 



3.68 

 2.32 



31.00 

 12.50 



4.51 

 3.15 



38.00 

 17.00 



4.93 

 3.57 



41.50 

 19.50 • 



tin 







fit 



[in 



2.73 



1.18 



38.00 

 11.50 



5.23 

 3.68 

 2.32 

 6.23 

 5.23 

 3.68 

 6.68 

 6.23 

 5.23 

 6.86 

 6.68 

 6.23 

 7.05 

 6.86 

 6.68 

 7.14 

 7.05 

 6.86 

 7.23 

 7.14 

 7.05 

 7.32 

 7.23 

 7.14 

 7.41 

 7.32 

 7.23 



72.50 

 35.50 

 12.50 

 140. 00 

 83.00 

 34.00 

 219.00 

 146. 50 

 74.00 

 287.00 

 204. 50 

 119.50 

 346. 00 

 251.00 

 161.00 

 392. 50 

 296.00 

 199.00 

 435.00 

 334. 50 

 236.50 

 476. 50 

 373.00 

 272.00 

 521. 50 

 410. 50 

 305. 50 



6.06 

 4.51 

 3.15 

 7.06 

 6.06 

 4.51 

 7.51 

 7.06 

 6.06 

 7.69 

 7.51 

 7.06 

 7.88 

 7.69 

 7.51 

 7.97 

 7.88 

 7.69 

 8.06 

 7.97 

 7.88 

 8.15 

 8.06 

 7.97 

 8.24 

 8.15 

 8.06 



84.00 

 43.50 

 16.50 

 159.00 

 96.50 

 42.00 

 246. 50 

 166.00 

 86.00 

 321. 50 

 230.00 

 135. 50 

 386. 50 

 281. 50 

 181.00 

 438. 00 

 331.00 

 223.00 

 485.00 

 373. 50 

 264. 50 

 530. 50 

 416.00 

 303. 50 

 579. 50 

 457.00 

 341.00 



6.48 

 4.93 

 3.57 

 7.48 

 6.48 

 4.93 

 7.93 

 7.48 

 6.48 

 8.11 

 7.93 

 7.48 

 8.30 

 8.11 

 7.93 

 8.39 

 8.30 

 8.11 

 8.48 

 8.39 

 8.30 

 8.57 

 8.48 

 8.39 

 8.66 

 8.57 

 8.48 



90.00 

 47.50 

 19.00 

 168.00 

 103.00 

 46.00 

 260.00 

 175. 50 

 92.00 

 339. 00 

 242. 50 

 143. 50 

 407. 50 

 297.00 

 191.00 

 461.00 

 348. 50 

 235.50 

 510. 50 

 393.50 

 278. 50 

 558.00 

 437. 50 

 319. 50 

 609.00 

 480. 50 

 358. 50 



lit::::: 



HI 



Ik::::: 



IH 

 IH 



fit-::::: 



[HI 



&::■::: 



HI 



&::::: 



(HI 



fit:::::: 



llll 



fit:.:::: 



Uii 



3.73 

 2.73 

 1.18 

 4.18 

 3.73 

 2.73 

 4.36 

 4.18 

 3.73 

 4.55 

 4.36 

 4.18 

 4.64 

 4.55 

 4.36 

 4.73 

 4.64 

 4.55 

 4.82 

 4.73 

 4.64 

 4.91 

 4.82 

 4.73 



84.00 



43.50 



11.00 



137. 00 



87.50 



38.50 



182. 50 



128. 00 



71.50 



223.00 



159. 50 



101.00 



255. 00 



191.00 



126. 50 



284. 50 



217. 50 



152. 50 



313. 50 



244. 00 



176. 50 



347.00 



270. 50 



200.00 



1 Based on yields, values, and costs given in preceding tables. The values per acre are rounded off to 

 the nearest 50. 



COST OF RAISING STANDS. 



The costs in connection with raising white pine may be classed as 

 initial and annual expenses. The former include the costs of forma- 

 tion (planting, sowing, and natural reproduction) at compound 

 interest to the end of the rotation, together with interest on the 

 initial value of the land. The latter include taxes on land and timber, 

 and annual costs of protection and administration, both chargeable 

 as annuities at a specific interest rate. Since the land remains an 

 asset when the timber is cut, only the interest on it need be figured as 

 an actual outlay. 



Value of the Land. 



One of the chief arguments in favor of timber raising is that it 

 presents a means of profitably utilizing waste lands. Wherever a 

 greater income can be secured by some other use of the soil, timber 

 growing can not be considered financially warranted. The ordinary 

 situations in which it can be carried on with financial success include 



