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 0.40 0.45 0.50 0.55 O.SO 0.65 0.70 0.7S 0.80 0.85 0.90 0.95 1.00 1.05 1.10 LIS 1.20 Va 



D.B.H. in Centimeters 



