Excerpt from Influence of Timber Characteristics Upon Stumpage PricesA study of southern pine sawtimber sales from National Forests in Mississippi, Louisiana, and Texas yielded quantitative evidence in support of the following hypotheses: Although southern pine sawtimber is not ordinarily sold by grade, purchasers tend to recognize differences in timber quality and pay a premium for it.The price paid for stumpage tends to increase with the total volume offered and with its concentration (in terms of cut per acre), and to decrease with increases in the ratio of hardwood added to the pine.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.