16 BULLETIN 11, U. S. DEPAKTMENT OF AGKICULTUKE. 
Table 9. — Cost of producing North Carolina pine lumber in southeastern Virginia. 
Item. 
Tramming distance in miles. 
1 
2 
4 
6 
8 
12 
16 
Cutting and logging to tram, including load- 
$3.00 
.50 
4.00 
1.00 
1.00 
$3.00 
.70 
4.00 
1.00 
1.00 
$3. 00 
1.10 
4.00 
1.00 
1.00 
$3.00 
1.50 
4.00 
1.00 
1.00 
$3. 00 
1.90 
4.00 
1.00 
1.00 
$3. 00 
2.70 
4.00 
1.00 
1.00 
$3.00 
3.50 
Milling, including kiln-drying and loading 
4.00 
1.00 
1.00 
Total 
9.50 
9.70 
10. 10 
10.50 
10.90 
11.70 
12.50 
i Cost of logging within half mile of tram, including cutting, hauling, and loading on cars, is figured at 
$4 per 1,000, Doyle scale, which amounts to $3 or less mill cut. 
2 $750 per mile (15 cents per 1,000 board feet hauled) is allowed for cost of laying tram and depreciation 
in value of rails, the latter item being insignificant; and 5 cents per 1,000 board feet allowed for each 
additional mile of tram for increased cost of maintenance and operation. 
3 Cost of lumbering is figured f. o. b. Norfolk or to the nearest point on the railroad that will have an 
equally low freight rate to the general market. On an average, for mills in southeastern Virginia, this 
will add about $1 per 1,000 board feet to the cost of North Carolina pine lumber. 
VALUE OF STANDING TIMBER. 
The stumpage value or price which a lumber contractor can afford 
to pay for standing timber represents the difference between the 
f. o. b. railroad values for lumber and the cost of production. By 
subtracting from the values given in Table 4 the costs given in 
Table 8 we obtain the figures given in Table 10, which shows the 
present stumpage value of standing timber in the Delaware-Maryland- 
Virginia peninsula at different distances from the railroad. 
Table 10. — Value of standing loblolly pine per 1,000 board feet to be cut into boards and 
in flitch. 
Distance. 
1 inch 
square- 
edged 
boards 
(ungraded). 
Flitch. 
Distance. 
1 inch 
square- 
edged 
boards 
(ungraded). 
Flitch. 
16 miles 
$1.50 
3.00 
4.50 
5.50 
$5.90 
6.30 
6.50 
$2.40 
2.80 
$1.00 
2.00 
3.00 
This table represents pretty well the value of standing loblolly 
pine in most of the area under consideration. Timber of sufficient* 
size to make first-class mine props and within 1 to 2 miles of the 
railroad in the Delaware-Maryland- Virginia peninsula commands 
slightly higher stumpage prices for props than is given above for 
lumber. Many cases can be found, furthermore, of $5 being paid 
for stumpage as far as 8 miles from the railroad, so that above values 
may be considered fairly conservative. 
The average value, by grades, of standing loblolly pine at different 
distances from the railroad in the region where the timber is to be 
sold to the general market as North Carolina pine is shown in Table 1 1 . 
