436 FARM MANAGEMENT 



This tenant lost about $300 in 1910 and made half of it 

 back in 1911. This is not very encouraging, but the years 

 were dry so that crops were poor. The farmer had four 

 children in school. With a little help from the children, 

 he came within $100 of making his living expenses. 

 While this is not as good as one would like, it is not so bad 

 for two years of rather poor crops. The 100 acres of 

 growing wheat was a good prospect for 1912, but this was 

 again a dry year. The farmer is doing the right thing 

 for his conditions, that is, raising as many acres of wheat, 

 corn, and oats as possible. If he can keep even until 

 there is a year with good rainfall, he will make money. 



RECEIPTS AND EXPENSES 



267. Object of keeping receipts and expenses. - 



Many farmers keep a list of receipts and expenses. Such 

 accounts are of considerable help in studying the farm 

 business. From these, one may see how much the cows, 

 corn, and other enterprises have brought in during the 

 year, and by making estimates of costs one may often be 

 guided in making changes in the business. In fact, many 

 farmers are able to figure up from memory and give a 

 very good opinion as to which enterprises pay. 



The writer thinks that nearly every boy and girl 

 should be taught to keep a list of receipts and expenses. 

 Nothing will so soon lead to habits of thrift. Foolish 

 expenses when written down are not so soon forgotten. 

 It is a good thing to run over one's expenses occasionally 

 to see whether the money could have been spent in a way 

 that would bring more lasting pleasure or profit. 



