. Farm financial record studies . rms is declining and the proportion of old horses increasing according toa recent study of the ages of horses on 1,157 farms. These farms had 155colts less than a year old, 130 yearlings, 2^4- two-year-olds, and 293 three-year-olds. At the present rate of increase and allov^ing for no deaths atall, there will be only 3>100 horses less than 21 years old on these farmsat the end of a 20-year period, as compared with the 6,973 horses now onthese farms. In other words, present replacements will furnish in 20 yearsmuch less than half our present nximber of horse
. Farm financial record studies . rms is declining and the proportion of old horses increasing according toa recent study of the ages of horses on 1,157 farms. These farms had 155colts less than a year old, 130 yearlings, 2^4- two-year-olds, and 293 three-year-olds. At the present rate of increase and allov^ing for no deaths atall, there will be only 3>100 horses less than 21 years old on these farmsat the end of a 20-year period, as compared with the 6,973 horses now onthese farms. In other words, present replacements will furnish in 20 yearsmuch less than half our present nximber of horses. To meet their needs forpower, Illinois farmers must replace more horses with meclianical power,raise more colts, or do both. Farmers who plan to use horses in the futureshould start now to raise or buy some youiig ones, since the price of horseshas already started to rise. Changes that have taken place in the last 7 years in the numberof horses of various ages on Illinois farms are shown by the followingchart: Percent of total. 1926 1932 I1926 1932Under k yrs^ 4 to 7 1926 1932 ! 1926 I932l 1926 1932 1926 1932 S to 11 i 12 to 15! 16 to 19 20 & over Ages Percentage Distribution of Horses by Ages—Illinois Farms, I926 and 1932 -392- Vatiations in Earnings Over Period Some comparative investment and earning data on accotrnting farms insouthern Illinois for 1929 > 1930 and 193^ are slioivn in the following rate earned dropped sharply in 193^ ^^^ as not so low in 1931* 1^® aver-age land value was $5 per acre higher in 1930 than in 1931 Both the grossincome and the operating cost per acre vrere lower in 1931 than in 1930* Theincrease from crops was higher and the increase from livestock was lower in1931 than in 1930* ^^ crop increase was due to superior crop yields in 1931« Comparison of Earnings and Investments on Accounting Farms inSouthern Illinois for I929-I93I Items 1929 1930 1931 N-umher of faros ----- —Average size of farms, acres- Average rat
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