29 



TABLE No. 2. "A." SEBIES II. NOBTHUMBERLAND. 



* This capital is assumed by Investigator, the farmer not having stated a figure. The figures for 1918 are based upon the 

 assumption that the 1914 capital had increased by 70 per cent, in 1918. 



TABLE No. 3. "A" SEBIES II, CUMBERLAND, WESTMORLAND. 



* This capital is assumed by Investigator, .the farmer not having 

 npfumption that the 1914 capital had increased by 70 percent, in 1918. 

 + This Balance Sneet Profit is entirely due to appreciation of Stock. 

 { This figure should rr-ad 378 1 3*. 



stated a figure. The figures for 1918 are based upon the 



