37 



No. 3. Mixed Tenant (287 Acres). 



Xo. 4. Mixed Farm Owner-Occupier 302 Acres. 



AVERAGE PROFIT ACCOUNT. 

 *. d. 



Year 1917 ... 15fi 6 

 1918 ... 216 15 3 

 1919 ... 324 13 7J 



3) 697 14 10J 

 3 years' Average 23211 7 



Deduct 

 Interest A/c. 195 9 



37 2 7 



CAPITAL ACCOUNT. 



*. d. 



June 30, 1916 3,740 18 1 

 1917 3,958 19 8 

 1918 4,027 5 10 



3) 11,727 3 7 



3 years' Average 3,909 1 2 

 Five per cent."* 



Interest on > 195 9 



3,909 1*. 2d.) 



6,374 6 5 = 10 years' profits. 



The drought of the present summer is suggestive of 

 1911, which resulted in a loss on the year's accounts. 



No. 5 Mixed Farm -Tenant 599 Acres. 

 Expenditure and Receipts for 1913-14 and 1918-19. 



Valuation. 



Very poor this year. 



