KERRY WOODS. 



33 



As no reliable tables have been compiled for Britain, this is 

 probably the greatest difficulty at the moment to be faced in making 

 a valuation. 



(d) The price which timber will bring, say, 60 years hence is 

 very problematical. At present it is known that prices show 

 a tendency to rise, and, as far as can be judged from the available 

 timber supplies, will continue to rise to figures considerably higher 

 than those at which they now stand. The safest method is there- 

 fore to take present prices. 



It is assumed that the following- prices would be obtained for 

 spruce timber if grown on a large scale.* 



Size of Tree, cub. ft. 



'5 



i 



Less than 



0'5 - 



i 5 



5-10 



10 20 



20 40 



over 40 



Price per cub. ft. (True Volume). 



Iff. 



2d. 



(e) The cost of upkeep and management is assumed to be 4$. per 

 acre per year. 



From the foregoing it will be seen that calculations as to the 

 probable return from forestry are beset with many difficulties even 

 in the most favourable circumstances. There are many influences 

 which may so modify the returns as considerably to reduce the 

 value of the calculations. At the same time, there is no other 

 method available. The man who recommends a piece of planting 



* Schwappach ( IVachstum und Rrtrag normaler Fichienbestdnde in Preussen, p. 

 108) uses approximately the following prices in calculations of a similar nature. 

 The conditions in Britain and in Prussia are, of course, not similar, but the 

 table gives some indication of the prices which spruce timber will bring under good 

 conditions as to utilisation. 



