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Waikato Times, Volume X, Issue 818, 13 September 1877, Page 2

High farming — will it pay ? has lately formed the subject of discussion at the Cambridge farmers Club, and m the columns of this journal. The great authority on high farming at home is Mr Mechi, and his farm at Tip Tree Hill is the experimenium cruris of the system, ' that to which its advocates appeal. Here then is the balance sheet Of the Tip Tree Farm account for 1876 as we find it m the Farmers Magazine, for May last. We scarcely think that such a return for su^li an i outlay and so large an amount of risk, would satisfy a New Zealand Settler:— TIPTREE FARM ACCOUNT. BALANCE-SHEET, 1876. PAID. January I.— Valuation : £ s d Live stock* ... ... . . 847 5 0 Poultry -... 30 0 0 Horses and dookey ... •. ... 250 0 0 Tillages, manure &o. ... 560 16 11 Hay, corn, Sco, (unsold) ... 409 9 0 Implements ,',, ,„ ... 465 11 6 £$563 2 6 (Fixed steam-engine, irrigation pumps,' mill-atones and thrashing machines, value m estate) Corn and hay for livestok, . produce of farm charged at market price 140 10 0 Corn, cake, malt-culms, bran, &c purohased for Ive stock ... ... ... 285 0 0 Grinding corn for live ftoik by our own engine, at ;he usual price charged to y others ... .i. ■ ... 13 5 0 Veterinary ... ... ... 3 '0 fl Medicals ,„ ,„ M , 015 0

Live stock purchased ... 108 6 0 Horse food , pnrohased from . f«m 100 10 0 Ditto purchased elsewhere ... t>3 10 0, Farm labour, inoluding .X, engine-driver arid working y MWUiff . y ... r--y:y ## , s v 7 fßent of chapel land, 45 ao.es 66 i 0 0 ; Tithes,^*; poor, highway, -% "Yy ?>^church^and Country rates 89 9 21 ; Reserve wear; and tear y. y and. 0 depreciation "of '; A ■.- 4H '' machinery and m: elements 25 0 0 Coals for steam engine ... 29 0 0 Tradesmen's bills: ' Wheelwright, blapklinith, foun- : derhafh.-sTßak'br,^brick-layer carpexitei^ painter, basket makci^T cooper : ... '65 10 0 Malt and hops, for bo/ir for " lab'ourVra " ..'.' " "'"".V.' " '" ... 14" o'o Seeds and. plants puichaaed 46 8 4 Ditto of our own. growth ... 61 0 0 Purchased manures 68 S 7 Miscellaneous potty expenses: Ya ■ •M oie and rat "catching, mending sacks, postage stamps, , stationary and farm account books, oil, candles, cart grease, tailow, packing for engine ... 1118 0 Thatching, .'.-. 417 3 Thatching stuff , 113 0 Hired steam ploughing ... 16 5 0 Ditto thrashing work .;. 6 18 0 Grinding corn at onr own mill for ouriarml-oraes „. 710 0 Fire insurance . ... ... 315 0 Hailstorm insurance '" ... 2 4 0 ■i-.-x.: ■■<-ywn-t-.».y,\ .- .^4132' ■ ■ --.-. BBCBITB-).. --'... December 31. -Valuations _. a d Live stook ... ... ... 493 10 0 Poultry ■■' ... \ v.; ... 35 0 0 Horses and donrtcey.. „, 180 0 0 .Tillage, : manure/ &c. ... 498 8 9 Corn and hayyc &c. (unsold) 543 5 0 Implements ... ,„ • ... 455 IJ i ,2,215 14 10 Corn sold for; money ... 514 14 3 Corn and hay' sold to live stock, as per contra ... 140 10 0 Peas (picked forimarket) sold, after deducting all expenses ... ... ... 239 611 Hdma-groirn cojrn used as seed, and charged per contra ... ... ... 61 0 0 Oats, beans, And hay, homegrown, sblH. to our horses 100 10 0 Hay and stiray. sold .'.. ... 134 17 3 Mangolds, ;" roots and seeds * . 501 d...V .j. f ;.. .... 510 0 -Fat meat .sold c ' ... ... 840 0 10 Wool sold ... ... ... 3113 3 Poultry and eggs sold ... 64 17 1 Grinding for hire . ..'. ... 46 1 1 Grinding^ fdr own stock ... 13 5 0 Grinding for horses .. 7 10 0 Rent bf cottages ... ... 16 3 0 Recoived for sundries ... 4 0 0 '■■ •.v • . 4,435 13 6 Paid _ 4,132 9 4 Balance for rent of 128 - acres and profit and interest oh 173 acres 303 4 2 Remarks on 1876 Balance Sheet.— The live stock acconnt i\satisfaotory, but the grain crops were deficient, and the pi ices of wheat low. The grain .crops realised £150 1 .ss than 1875, and £550 less than •m 1874. , We also lost a valuable carthorse. I estimate my loss by intermixing too much "f ths poor subsoil with the top soil at £200.. LIVE WOCK A CCOUNT. r December 31, 1876. y TAIDY January 1, 1876 :— £ s d Valuation of 13 .bullocks at '£1910s ... 253 10 0 138 hogt>ets arid fat ewes, at 45s ... .... ... ... 310 10 0 81 breeding ewes, at Sss ... 263 5 0 3 rams. *.., „, .„ 20 0 0 £847 5 0 Poultry ... ... ... 30 0 0 Corn, hay, &c, purchased from farm ... ... ... 140 10 0 Ditto, 'purchased elsewhere*. 285 0 0 Grinding for stook at own mi11... .;. ... ... 13 50 Live stock purchased ... 101 6 0 £1,424 6 0 Balauoe account for about 14. acres of -root and green crops „., . ... ... -40 5 2 .. £1,465 3 1 -A' A Ay -MlJ^^gOltrVßD. December 31, 1876 :~ " £ a d Valuation of 127 fattening sheep, at 46s . ... .., 292 2 0 52 ewea and a ram ... . ' ... 201 8 0 Poultry ' ... ... ... 35 0.0 Fat meat sold 840 0 10 Woel sold K „. ... 31 13 3 Poultry ahd eggs sold .„ 64 17 1 £1,465 1 2