Prices for Territorial Rights.
In calculating the prices for territorial rights, the application of the invention to that section must be taken into consideration, as well as the advancement in manufacturing, etc. If the invention belongs to that class of inventions which may be generally adapted in all States alike, such as domestic articles and articles of wearing apparel, then the population will form a very satisfactory basis for valuation.
There are other inventions, however, that apply almost wholly to a certain section of the country, while still others apply more to one section than to another; thus, for instance, mechanical contrivances of the higher order, such as writing machines, mathematical instruments, etc., the North and East are the most valuable; for mining and agricultural implements, etc., the West; while such as the cotton-gin, seeders, and presses apply almost wholly to the South. States and counties having large cities and large towns are also usually more valuable than other States and counties of same population.
Valuation Tables.
The following tables are given as a general estimate of the relative value of the different States and divisions in the majority of cases; however, these tables are only arbitrary at best, and cannot be applied to all classes of inventions satisfactorily, though they[p. 38] may serve to materially aid the patentee in determining what price to put upon each State in his own case. Having determined the value of the patent as a whole, the aggregate of the State prices should be about two-thirds more, as there are always some States that cannot be sold separately, while others may have to be sold at a discount.
TABLES FOR ESTIMATING PRICES OF STATE RIGHTS
| States and Territories. | Price as a Whole. | ||||
| $1,000 | $5,000 | $10,000 | $15,000 | $20,000 | |
| Maine | 35 | 175 | 350 | 500 | 700 |
| New Hampshire | 30 | 150 | 300 | 450 | 600 |
| Vermont | 30 | 150 | 300 | 450 | 600 |
| Massachusetts | 50 | 225 | 500 | 750 | 1,000 |
| Rhode Island | 20 | 100 | 200 | 300 | 400 |
| Connecticut | 35 | 175 | 350 | 500 | 700 |
| New York | 65 | 300 | 650 | 950 | 1,200 |
| Pennsylvania | 65 | 300 | 650 | 950 | 1,200 |
| New Jersey | 40 | 200 | 400 | 600 | 800 |
| N. Atlantic Division. | $370 | $1,775 | $3,700 | $5,450 | $7,200 |
TABLES FOR ESTIMATING PRICES OF STATE RIGHTS—Continued
| States and Territories. | Price as a Whole. | ||||
| $1,000 | $5,000 | $10,000 | $15,000 | $20,000 | |
| Delaware | 20 | 100 | 200 | 300 | 400 |
| Maryland | 40 | 200 | 400 | 600 | 800 |
| District of Columbia | 15 | 75 | 150 | 200 | 300 |
| Virginia | 35 | 200 | 400 | 600 | 800 |
| West Virginia | 35 | 175 | 300 | 500 | 700 |
| North Carolina | 35 | 150 | 300 | 450 | 600 |
| South Carolina | 35 | 150 | 350 | 500 | 700 |
| Georgia | 40 | 200 | 400 | 600 | 800 |
| Florida | 15 | 75 | 150 | 200 | 300 |
| S. Atlantic Division. | $270 | $1,325 | $2,700 | $3,950 | $5,400 |
| Ohio | 60 | 300 | 600 | 900 | 1,100 |
| Indiana | 55 | 275 | 550 | 800 | 1,000 |
| Illinois | 65 | 300 | 650 | 950 | 1,200 |
| Michigan | 45 | 200 | 350 | 600 | 800 |
| Wisconsin | 40 | 150 | 275 | 400 | 500 |
| Minnesota | 45 | 200 | 350 | 600 | 800 |
| Iowa | 40 | 175 | 350 | 500 | 700 |
| Missouri | 45 | 225 | 450 | 650 | 900 |
| North Dakota | 25 | 75 | 150 | 200 | 300 |
| South Dakota | 30 | 100 | 200 | 300 | 400 |
| Nebraska | 30 | 150 | 300 | 450 | 600 |
| Kansas | 40 | 175 | 300 | 500 | 700 |
| N. Central Division. | $485 | $2,325 | $4,525 | $6,850 | $9,000 |