The Effect of Recent Economic Trends and Research on the Financial Aspects of Forest Investments
Author: Stoddard, Charles H.
Source: Journal of Forestry, Volume 35, Number 6, 1 June 1937 , pp. 584-586(3)
Publisher: Society of American Foresters
Abstract:In the past, sustained-yield forestry has had to compete for capital with high-grade stocks and bonds yielding comparatively high rates of interest. Due to the supply of capital available for investment, interest rates have fallen from 6 to 2 1/2 to 3 1/2 per cent. This reduction, together with the fact that in many cases the indebtedness of the industry can be refinanced at lower interest rates, should have a favorable effect on sustained-yield forestry.
Document Type: Journal Article
Affiliations: Northeastern Forest Experiment Station
Publication date: 1937-06-01
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