. Farm financial record studies . eclining 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 thaJi a year old, ISO yearlings, 2kh two-year-olds, and 293 three-year-olds. At the present rate of increase and allovnng for no deaths atall, there will be only ]> ,100 horses less than 21 years old on these farmsat th-e 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 number of horses. To

. Farm financial record studies . eclining 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 thaJi a year old, ISO yearlings, 2kh two-year-olds, and 293 three-year-olds. At the present rate of increase and allovnng for no deaths atall, there will be only ]> ,100 horses less than 21 years old on these farmsat th-e 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 number of horses. To Stock Photo
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. Farm financial record studies . eclining 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 thaJi a year old, ISO yearlings, 2kh two-year-olds, and 293 three-year-olds. At the present rate of increase and allovnng for no deaths atall, there will be only ]> , 100 horses less than 21 years old on these farmsat th-e 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 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 hvy some young ones, since the price of horseshas already started to rise. Changes that have taken place in the .last 7 years inthenimiberof horses of various ages on Illinois farms are shown by the followingchart: Percent of total■ 30. 1926 1932Under U yrs. 1920 1932U to 7 1926 1932 ! 1926 19322 to 11 I 12 to 15 1926 193216 to IS 1926 193220 & over Agespercentage Distribution of Horses by Ages—Illinois Farms, I926 and 1932 -128- Variations in Earnings Over Five-Year Period Some comparative investment and earning data on accounting farms inMcionough County for 1927 to 1931 are shown in the following tahle. The rateearned dropped shraply in 1930 and again in 1931 although the average landvalue was $6 per acre higher in 1930. Both the gross income and the operatingcost per acre were lower in 1931 than in 1930. The decrease in inventory wasalmost twice as high in 1931 as in the year previous. Comparison of Earnings and Investments on Accounting Farms inMcDonough County for 1927-1931 Items Wamher of farms- --------- Average size of farms, acres - - - Average rate earned, to pay for management, risk and capital- - -Average lahor and management wage-Gross income per acre- ------ Operatin