MANAGEMENT AND EQUIPMENT. 403 



Troughs, Drags, Fruit crates, 



Gates, Handles, Frames, 



Doors, Ladders, Tanks, 



Windows, Single trees, Cisterns, 



Coops, Double trees, Silos, 



Trap nests, Tongues, Seed Testers, 



Bee hives, Wagon boxes, Seed dryers, 



Boxes, Hog racks, Seed grader, 



Bins, Hay racks, Seed racks, 



Rollers, Poultry crates, 



PROBLEMS. 



1. If the figures show that the average farm of 167 acres has minor 

 items having a first cost of $190, what will be the loss annually if the 

 depreciation amounts to 7.8 per cent, annually? 



2. At the rate of the average annual depreciation of 7.3 per cent., 

 the major items of equipment must be replaced on an average every how 

 many years? 



3. A farmer finds that an investment of $50 made judiciously in 

 addition to the average equipment would have saved him about 50 trips 

 to town in 10 years; allowing that the time for a man and team for 

 these 50 trips was worth $3.00 per day, what would have been saved if 

 these articles had been purchased in the beginning? 



4. A farmer has estimated that his losses from lack of proper tools 

 for repairs at the proper time has caused him a loss of $300 in ten years ; 

 if the extra tools needed would have cost $75, what would have been 

 his gain, allowing a depreciation of 10 per cent., through loss and ex- 

 posure of tools annually? 



5. If a farmer on 200 acres can save $50 annually by having a 

 good equipment of minor tools valued at first cost at $300, and the loss 

 is 7.3 per cent, annually, what does he save by having the tools, if it 

 requires an outlay of $21.90 annually to replace the loss by depreciation 

 and allowing 6 per cent, on the investment? 



Farm Management. 



PROBLEMS. 



1. The average size of the Ohio farm is 89 acres, and the value of 

 land, improvement, live stock and machinery is $4,833 per farm. What 

 is the average value per acre? 



2. The average size and value of 21 farms studied by the Ohio 

 Agricultural Experiment Station was 165.88 acres and $14,461. What 

 was the value per acre? 



3. The average value of land and buildings in Ohio in 1910 was 

 $68.57 per acre; land alone was worth $53.33. What was the average 



