. Farm financial record studies . ion of old horses increasing according toa recent study of the ages of horses on 1,157 farms. These farms had 155 ■colts less than a year old, 180 ycarlin;i;;s, 2UH two-year-olds , and 293 three-year-olds. At the present, rate of increase and allowing for no deaths at ■all, there will be only 3^00 horses less than 21 years old on these farmsat the end of a 20-year period, ascompared with the 6,973 horses now onthese farms. In other words, present replacements will fui-nish in 20 yearsmuch less tlian half our present number of horses. To meet their needs forpow
. Farm financial record studies . ion of old horses increasing according toa recent study of the ages of horses on 1,157 farms. These farms had 155 ■colts less than a year old, 180 ycarlin;i;;s, 2UH two-year-olds , and 293 three-year-olds. At the present, rate of increase and allowing for no deaths at ■all, there will be only 3^00 horses less than 21 years old on these farmsat the end of a 20-year period, ascompared with the 6,973 horses now onthese farms. In other words, present replacements will fui-nish in 20 yearsmuch less tlian half our present number of horses. To meet their needs forpower, Illinois farmers must replace more-horses with mechanical pdv/er,raise more colts, or do both. Fanners 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 ntimberof horses of various ages on Illinois farms are shown by the followingchart: Percent of total 30. 25 20 15 10. 192b 193 1926 1932 1926 1932 1926 19321 1926 1932 Under k yrs. U to 7 S to 11 1 12 to 15^ 16 to I9 1926 193220 & over Agespercentage Distribution of Horses by Ages—Illinois Farms, I926 and 1932 Variations in Sarnin,--s Over Iwo~Year Period Some cornparative investment and earning data on accounting farms inBureau and Henrj Counties for 1930 ^^^ 1931 are shown in the following rate earned dropped shaii^ly in 1931 in response to the drop in prices ofproducts sold and to the mark down in inventory. There was an increase fromthe feed and grain account in 1930 ^^^^ a decrease in 1931 i^ spite of bettercrop yields. Comparison of Earnings and Investments on Accounting Farms inBureau and Henry Co-Jnties for 1930-1931 Items 1930- 1931 Number of farms ----- —Average size of farais, acres- Average rate earned, to pa^^ for manage-ment , risk and capital -------- Average lalior and management - - - Gross income per acre -Operating cost per acre
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