568 MISC. PUBLICATION 218, U. S. DEPT. OF AGRICULTURE 
TaBLE 152.—Relation between values of annual cut and total stand of privately owned 
tzember,! selected States, by regions 
Ratio of || Ratio of 
Value of value of Value of value o 
annual | x; annual |) annual | x; annual 
Value of | Value of 
Region and State |CUtSUD-|.tending| CU tC | Region and State cut sub- + ding| Cut to 
ject to Gamer value of |) ject to Saisie value o 
yield stand- yield stand- 
tax ing tax ing 
timber timber 
1,000 | 1,000 | 1,000 | 1,000 
New England: dollars | dollars | Pereznt | South: dollars | dollars | Percent 
Maine® torsse eo 42610 | 139, 878 3.3 Warginiats eee 8, 140 59, 948 13.6 
New Hampshire--- 4,120 | 35,598 11.6 North Carolina__--| 11,500 | 98,338 ih ze 
Vermont: s]2 1,650 | 46,016 mos South Carolina__-_- 7,370 | 66, 766 11.0 
Massachusetts. - --- 1,390 | 12,840 10.8 Georgia Saee-s 9,890 | 90, 492 10.9 
Connecticut__-_---- 558 8, 289 6.7 Hiloridae see eee 6,560 | 43.726 15.0 
Rhode Island_-_-__-- 106 558 19.0 Adabama] eae: IPL 7 49, 058 25.9 
Middle pve: Mississippi_..---__- 24, 200 | 76, 065 31.8 
New York: = =2222-= 2,410 | 111, 749 Ded, HLouisian ae 19,400 | 94, 288 20. 6 
Pennsylvania_-_---- 3,840 | 56, 944 6.7 Arkansassssi2ere 13,600 | 96, 832 14.0 
New Jersey. --_---- 208 5, 416 3.8 Oklahoma_—=___=_ 2} 1, 320 5, 456 24. 2 
Delaware. ________= 166 | 2,506 6.6 Texasueks Shao Tet | 13,800 | 67,-405 20. 5 
Maryland__-------- 862 | 12,785 6.7 | North Rocky Moun- | 
Lake: tain: 
Michigan._______-- 5, 670 | 100, 991 5.6 Montana___.------- 774 | 17,088 AS 
Wisconsin__________ 7,740 | 65, 068 11.9 Tdsho- sees 3,420 | 58, 265 5.9 
Minnesota_-__------ 2,930 | 15,818 18.5 || South Rocky Moun- 
Central tain: 
Onige es aan ee 3,200 | 21, 882 14.6 Colorado! 74 1, 457 5.1 
indianas S222 Sse 3, 740 10, 208 36. 6 New Mexico___--_- 329 2, 345 14.0 
Lin oIS2 2 sae 1,370 | 11,820 11.6 || Pacific coast: - 
NMaissounig es 3, 250 24. 046 13.5 Washington_____-_- 24, 500 | 301, 079 8.1 
Tennessee__________ 7,530 | 48, 202 15.6 | Oregon! > 12, 400 280, 777 4.4 
Kentucky_________- 4,910 | 26,918 18. 2 California_________- 25,090 | 256,778 2.0 
West Virginia____-_- 4,940 | 29, 539 16.7 
1 Sources of a Baacees Of Gata, Coluiia,2, aveeanotinian canines cai alate TinDeie ee eee Column 2, average timber cut times unit values. Timber cut based on estimate of 
total saw timber cut covering the period 1925 to 1929, less national-forest timber cut. Unit values based 
on stumpage prices reported to the Forest Service, averaged for the same period; column 3, estimated 
stand of privately owned timber multiplied by the same unit values used for column 2 with a percentage 
deduction to allow for carrying charges up to the time of cutting; column 4, by computation. 
2 Includes Nevada, separate figures not being available. 
For certain States, representing different regions of the United 
States, more complete information than that of table 152 is available. 
The effect on public revenues of the application of the yield-tax plan 
in these States is indicated in table 153. In all of these States except 
Oregon and Washington it would appear that a yield tax with a rate 
assumed to be 10 times the average property tax rate would give as 
much tax revenue from the timber as the property tax, or more. 
This yield-tax rate would vary from 10.8 percent for Tennessee to 23.2 
percent for Wisconsin. 
