FOEEST MANAGEMENT OF LOBLOLLY PINE. 
19 
Table Ib.—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.J 
Age 
Quality 
Distance from railroad miles. 
2 
6 
8 
12 
16 
(years). 
of site. 
Stumpage value 
per acre of graded North Carolina pine lumber. 
20 
I 
$32. 83 
$31. 78 
§29. 69 
S27. 61 
$25. 71 
S21. 93 
$18. 14 
n 
17.81 
17.23 
16.06 
14.89 
13.85 
11.78 
9.71 
in 
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 
in 
52.66 
51.14 
48.09 
45.05 
•12.22 
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 
HI 
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. 
Januarv, Februarv, March, 1910 
April, May. June,* 1910 
July, August, September, 1910 
October, November, December. 1910. 
Januarv. Februarv. March, 1911 
April, May, June,' 1911 
July, August, September, 1911 
October, November, December, 1911. 
Januarv, Februarv. March. 1912 
April, May, June.' 1912 
July, August, September, 1912 
October, November. December, 1912. 
S25. 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 
1 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. 
