. Farm financial record studies . in declining and the proportion of old horses increasing according toa recent study of the ages of horses on 1,157 farms. Tliese farms had 155colts less th-an a year old, 180 yearlings, SUU two-year-olds, and 293 three-year-olds. ■ At the present i-ate of increase and allowing for no deaths atall, there will be only 3 AOO horses less than 21 years old on these farmsat the end of a 20-year period, as coripared with the 6,973 horses now onthese farms. In other words, present replacements will furnish in 20 yearsmuch less than half our present number of horses. T


. Farm financial record studies . in declining and the proportion of old horses increasing according toa recent study of the ages of horses on 1,157 farms. Tliese farms had 155colts less th-an a year old, 180 yearlings, SUU two-year-olds, and 293 three-year-olds. ■ At the present i-ate of increase and allowing for no deaths atall, there will be only 3 AOO horses less than 21 years old on these farmsat the end of a 20-year period, as coripared with the 6,973 horses now onthese farms. In other words, present replacements will furnish in 20 yearsmuch less than half our present number of horses. To meet their needs forpower, Illinois farmers must replace more horses with mechanical 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. Changes that have talcen place in the last 7 years in the nimiberof horses of various ages on Illinois farms are shown by the followingchart: Percent of total30. 192b 1932Under U yrs 1926 1932h to7 1926 1932S to 11 1932 12 to 15 1926 193216 to 19 1926 193220 & over Ages Percentage Distribution of Horses by Ages—Illinois Farms, I926 and 1932 -268- Variations in Earnings Ovar Tljee-Year Period Some comparative investment and earning data on accounting farms inMason and Menard for 1929 to 1931 are shown in the following rate earned dropped sharply in 1930 and again in 1931. Both the gross incomeand the operating cost j)er acre were l077er tlmn in 1930. The income in1931 was lower from both grain and livestock. Comparison of Earnings and Investments on Accoiinting Farms inMason and Menard Co-anties for 1929-1931 Items


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