ACCOUNTS FOR YEAR ENDING NOVEMBER 12TH, 1913. 



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N-.TK As will be seen'from the above, the season of 1913 was a fairly good one for the farm, the prices of stocK being high 

 the crop, of hay particularly good. It must, however, be pointed out that for many years any surplus on the ordinary working 

 be farm will have to be devoted towards improving its general condition. For instinct-, serious expenditure will have to be 

 rred on drainage, and repairs of fences, and, in particular, the /ridd, or enclosed hill ground, will require heavy outlay. 



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