. Farm financial record studies . according toa recent study of the ages of horses on 1,157 farms. TTriese farms had 155colts less than a year old, 180 yearlings, 2UU 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 >1C0 horses less th-an 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 tlian half our present number of horses. To meet their needs forpower, Illinois farmers must repl
. Farm financial record studies . according toa recent study of the ages of horses on 1,157 farms. TTriese farms had 155colts less than a year old, 180 yearlings, 2UU 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 >1C0 horses less th-an 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 tlian half our present number 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 young ones, since the price of horseshas already started to rise, Clianges that have taken place in the last 7 years in the nvmberof horses of various ages on Illinois farms are shown by the followingchart: Percent of total30, 2520 15 I-10 5 0 >y 1926 1932 i •j^i ^4i t 11 7 //. 1926 1932 1926 1932 1926 19321 1926 1932 Under U yrs- U to 7 g to 11 12 to I5 j 16 to I9 , 20 & over 1926 1932 AgesPercentage Distribution of Horses by Ages—Illinois Farms, I926 and 1932 - -378- Variations in Earnings Over Four-Year Period Some coraparative investment and earnint^ data on accoionting farms inSt. Clair Co-unty for 1928 to I93I are shovm in the followini^ table. The rateearned dropped sharply in 1930 and again in 1931 despite the fact that theaverage land value lias heen reduced slightly each year since I92S. Both thegross income and the operating expense per acre were lower in 193^ than in 1930*The increase from crops was higher and the increase from livestock was lower in1931 tlian in 1930. The crop increase was due to higher crop yields in 1931» Comparison of Earnin^^s and Investments on Accounting Farms inSt. Clair County for I92S-I93I Item 1928 1929 1931 Number of farms - - _ _ . Average size of farms, acres- Average rate earned
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