Tract #59 consisted of several parcels in Benton, NH:
59: 6,168 acres
59 I: 600.45 acres
59 II: 61.44 acres
59 III: 101.83 acres
59 IV: 139.90 acres
Total acreage: 7,071.62 acres
The Land Value of Tract #59 was $20,970
1. Virgin Spruce: 2%, 178 acres and valued at $3 per acre for $528*
2. Culled Lands: 35%, 2,468 acres and valued at $3 per acre for $7,404
3. Second-growth: 50%, 3,538 acres also at $3 per acre for $10,614
4. Sub-alpine: 6%, 431 acres on Mount Moosilauke at $1 per acre for $431
5. Cliff: 2%, 176 acres at $0.50 per acre for $88
6. Abandoned farmland: 5%, 381 acres at $5 per acre for $1,905
Total Value for Land in the Appraisal: $20,970
* The amount for Virgin Spruce is in error and should be $534
The Timber Values of Tract #59 was $99,108:
1. Pulpwood: 25,801 cords valued at $55,967.50
2. Ash: 90,000 board feet valued at $1,740
3. Paper Birch: 9,812 cords valued at $26,244
4. Other Hardwoods: 9,265 cords valued at $15,156.50
Total land and timber value was $120,078 or $17 per acre
The US Government made an offer of $93,705.19 or $13.25 per acre for the 7,072 acres of land. Bertram Pike accepted the offer and the records indicate he and the Pike Woodlands Company were paid on January 2, 1914. Pike sold additional lands to the US Government over the next few years. Pike apparently felt that the government offer was fair market value.
I [David Govatski] computed the value of the purchase price and per acre cost in 1914 dollars compared with the value of 2013 dollars. In todays money the value would be $2,194,097.65 or $310.25 per acre.