. Farm financial record studies . farms iu 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, 120 yearlings, SUU two-year-olds, and 293 three-year-olds. At the present rate of increase and allowing for no deaths atall, there will be only 3 A^O 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 ntmber of horses. T


. Farm financial record studies . farms iu 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, 120 yearlings, SUU two-year-olds, and 293 three-year-olds. At the present rate of increase and allowing for no deaths atall, there will be only 3 A^O 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 ntmber of horses. To meet their needs forpower, Illinois farmers rnvst 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 young ones, since the price of horseshas already started to rise, Clianges that have taken place in the last 7 years in the nimberof horses of various ages on Illinois farms are shown by the followingchart: Percent of total30^. 1926 1932Under U yrs 1926 1932U to 7 1926 19323 to 11 1926 1932 I12 to 15! 1926 193216 to 19 1926 193220 & over AgesPercentage Distribution of Horses by Ages—Illinois Farms, I926 and 1932 - ^ in Earninf:s Over Five-Year Period Soiae comparative investment and earning data on accounting farns inHenderson County for 1927 to 1S31 are shown in the following table. The rateearned dropped sharply in 1930 and again in 1931 although the average landvalue was $14 per acre higher in 1930. The gross income per acre was lowerin 1931 than in 1S30 but the operating cost was higher, due to the decreasein the grain account. Comparison of Earnings and Investments on Accounting Farms inHenderson County for 1927-1931


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