This study was conducted to prepare the aerial stand volume table, analyzing relationship between stand volume and factors to be obtained from aerial photographs. Stand factors (tree height, crown diameter. Crown density, altitude and slope) were interpreted from aerial photographs and were combined with various model equations to produce the most suitable stand volume equation. Study area is located in Woneseon-gun, Hongcheongun, Pyongchang-gun and Chungseon-gun in the northern part of Kangwon Province. The total study forest area extends 613,000 hectares, of which 349,000 hectares are private forest and 264,000 hectares are national forest. 342 sample plots (186 in coniferous forests and 156 in hardwood forests) were randomly established on the aerial photographs at scale of 1 : 15,000 which were taken in 1980. Data were collected through field survey and interpreting aerial photos from Nov. 1983 to May 1984. The results obtained are summarized as follows. I. Tree height, crown diameter, crown density altitude, and slope were obtained through photo-interpretation to analyze relationships between stand volume and those factors. The priority of contribution of individual factor to stand volume was the order of tree height, crown density, crown diameter, altitude and slope`. Therefore it is considered that altitude and slope hardly influence on stand volume. 2. Three factors except altitude and slope were combined with model equations in various ways, and were analyzed in order to choose the fittest combination. According to the results, the most suitable stand volume equation is derived from tree height and crown density which were used as independent variables in the equation. 3. Stand volume equation for coniferous forests derived from two variables, tree height (H) and crown density (DE), is shown below. V =-127.2440 + 16.5338 H+0.7928 DE In calculating the equation, multiple correlation coefficient and standard error(%) of residulals are 0.32556 and 1.943%, respectively. 4. Stand volume equation for hardwood forests derived from two variables, tree height(H) and crown density (CE), is shown below. V = 0.00288H^(2.4215) DE^(0.1876) In calculating the equation, multiple correlation coefficient and standard error (%) of residuals are 0.91873 and 1.6614%, respectively. 5. Stand volume equations by crown density classes in coniferous forests derived from a variable, tree height (H), are shown below. Low .... V = 0.0419 H^(3.1569) Medium .. V = -81.0815 + 16.5254 H High .... V = -106.1000 + 22.0923 H In calculating the equations, correlation coefficients for each equation are 0.90210 (Low). 0.92107 (Medium) and 0.92430 (High), respectively. 6. Stand volume equations by crown density classes in hardwood forests derived from a variable, tree height (H), are shown below. Low ...... V = -44.6318 + 9.2243 H Medium ... V = -98.4049 + 17.7190 H High ...... V = -76.5160 + 15.7159 H In the calculating the equations, correlation coefficients for each equation are 0.71383(Low), 0.82577 (Medium) and 0.79023 (High), respectively. 7. Tree height (H), crown diameter (DI), and crown density (DE) were classified into some categories, which were quantified, respectively. Thereby, stand volume table was made by quantification. Multiple correlation coefficient was 0.9041 for coniferous forests and 0.8753 for hardwood forests.