FOREST MANAGEMENT OF LOBLOLLY PINE. 
17 
This table is based on the values given in Table 5 1 less the cost of 
production as given in Table 9. 
Table 11. — Stumpage value of grades of standing loblolly pine to be cut into North 
Carolina pine lumber. 
Distance from the railroad (miles). 
Grade. 
1 
2 
4 6 
1 
8 
12 
16 
Value per 1,000 board feet. 
No. 1 
$15.75 
13.50 
7.75 
5.75 
8.75 
1.00 
$15.55 
13.30 
7.55 
5.55 
8.55 
.80 
$15.15 SI 4. 75 
$14. 35 
12.10 
6.35 
4.35 
7.35 
$13.55 
11.30 
5.55 
3.55 
6.55 
$12.75 
No. 2 
12.90 
7.15 
5.15 
8.15 
.40 
12.50 
6.75 
4.75 
7.75 
10.50 
No. 3 
4.75 
No. 4 under 10 inches 
2.75 
Nos. 1 and 2 bark strips 
5.75 
Box bark strips 
The value of standing loblolly pine timber of different diameters at 
different distances from the railroad is shown in Tables 12 and 13, the 
former being for trees cut into inch-thick boards (ungraded) and crate 
flitch for local consumption, and the latter for trees manufactured 
into lumber for the general market in accordance with the grading 
specifications for North Carolina pine lumber. The former includes 
all trees 5 inches and over in diameter breast-high, while the latter 
includes only trees 7 inches and over. 
Table 12. — Stumpage value of loblolly pine trees of different diameters and of average 
height to be cut into ungraded square-edged, inch lumber and crate flitch. 2 
Diameter 
Average 
Distance from the local markets (miles). 
breasthigh. 
height. 
1 
2 
4 
6 
8 
12 
16 
Inches. 
5 
6 
7 
8 
9 
10 
11 
12 
13 
Feet. 
37 
42 
47 
50 
54 
57 
60 
62 
64 
66 
68 
70 
71 
72 
74 
75 
$0. 02 
.04 
.16 
.20 
.26 
.33 
.43 
.57 
.76 
.98 
1.23 
1.46 
1.65 
1.84 
2.01 
2.18 
$0.02 
.04 
.15 
.20 
.25 
.32 
.42 
.55 
.74 
.95 
1.19 
1.41 
1.60 
1.78 
1.95 
2.12 
$0.01 
.03 
.14 
.18 
.24 
.30 
.39 
.52 
.69 
.89 
1.12 
1.34 
1.50 
1.67 
1.82 
1.98 
$0.01 
.03 
.13 
.17 
.22 
.28 
.36 
.48 
.64 
.83 
1.04 
1.23 
1.40 
1.56 
1.70 
1.85 
$0.01 
.01 
.11 
.14 
.18 
.23 
.30 
.40 
.53 
.68 
.85 
1.01 
1.14 
1.27 
1.39 
1.51 
$0.07 
.09 
.12 
.15 
.20 
.26 
.35 
.45 
.57 
.67 
.76 
.85 
.93 
1.01 
$0.04 
.05 
.06 
.08 
.10 
.13 
.18 
.23 
.29 
.34 
.38 
.42 
.46 
.50 
14 
15 
16 
17 
18 
19 
20 
i Average prices f. o. b. Norfolk, for the quarter ending June 30. 1912, were used. Prices have risen con- 
siderably since June, as shown by Table 5, so values given in Table 11 are conservative. 
2 Based on Table 39, Appendix D, showing amount of flitch and inch lumber cut from trees of different 
diameters, and Table 10, showing values of these grades on the stump at different distances from the market. 
6242°— 14- 3 
