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Revenue. £ s. d. 10,0681b. butterfat. at Is. lid. per pound ... ... ... 96117 0 Value of skins and calves sold ... ... ... ... ... 27 3 7 Value of farm products consumed on farm ... ... ... ... .. 27 0 0 £1,019 0 7 Expenditure. I s. d. Interest on capital at 6 per cent.. ... ... ... ... 189 15 0 Rent of land ... ... ... ... ... ... 104 10 2 Insurance, rates, and taxes ... ... ... ... ... 35 II 4 Benzine, oil, and rubbers ... ... ... ... ... 31 9 1 Provision for depreciation and loss of slock ... ... ... • 50 10 0 Manures and seeds ... ... ... ... ... 4 7 6 Wages ... ... ... ... ... .:. ... 325 16 8 Wire, staples, repairs, &c. ... ... ... ... ... 14 6 0 756 5 9 Balance (profit) ... ... ... ... ... £262 14 10 APPENDIX C. Mr. Hansen submitted the following statement : — Capital. £ g _ d . Dairying-land, 62 acres: Government valuation ... ... ... ... 4,847 0 0 One bull ... ... ... ... ... ... ... ... ... 20 0 0 Thirty cows ... ... ... ... ... ... ... ... 500 0 0 Two horses ... ... ... ... ... ... ... .... 40 0 0 Milking plant, trap, and implements... ... ... ... ... ... 300 0 0 £5,707 0 0 Revenue. £ B . d. 6,3971b. butterfat ... ... ... ... ... ... ... 567 0 0 Casein ... ... ... ... ... ... ... ... ... 40 0 0 Pigs ... ... ... ... ... ... ... ... ... 42 0 0 Value of milk and butter for own use ... ... ... ... ... 3000 House allowance ... ... ... ... ... ... ... ... 80 0 0 £759 0 0 Expenditure. £ a. d, Interest at 6 per cent, on £5,707 ... ... ... ... 342 0 0 Insurance, rates, and taxes ... ... ... ... 25 0 0 Benzine, rubbers, and oil ... ... ... ... ... 23 0 0 Depreciation on stock and assets ... ... ... ... 69 0 0 Cultivation and manures ... ... ... ... ... 32 0 0 Wages and keep, one man ... ... ... ... ... 154 0 0 Horse-shoes (carting milk) ... ... ... ... 1000 Pollard for pigs ... ... ... ... ... 500 660 0 0 Balance (profit) ... ... ... ... ... £99 0 0

Value of house (six rooms), £800. Own labour, £300.

By Authority : Marcus V. Marks, Government Printer, Wellington.—l92o.

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