Financial Aspects of Growing Pine in the South

In this article an easily followed financial analysis demonstrates the costs of forestry, the actual income per acre and the adjustment of income to increment to take care of depletion. It shows under what conditions forestry is a profitable venture for private capital. Although the figures concern only a few sample naval stores and lumber counties in restricted regions, the principles upon which they are based are applicable over a much wider territory. The authors emphasize for both types of forest that a reasonable density of stocking is paramount to financial success.