Word: tractor
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...implement maker began in 1920. In that year there were 25,748,000 horses and mules on U. S. farms, which developed 20,970,000 h.p. and supplied 56% of total farm power. At the same time U. S. farmers had 139,000 trucks and 245,000 tractors, developing 7,700,000 h.p. By 1930 the horses and mules had dropped to 19,050,000, competing with 900,000 trucks and 920,000 tractors. The horse horsepower had fallen to 17,171,000 (24%) whereas the truck & tractor horsepower had risen...
Caterpillar Tractor reported $4,311,643 earnings for the first nine months of 1935 against $2,932,892 for the same period...
...setback to mechanization. In the first place, the farmers' gross income dropped from about twelve billion dollars in 1929 to about five billion dollars in 1932. In the second place, falling prices on farm products made mechanical farming uneconomic. With wheat at $1 per bu., the tractor-farmer should make twice as much money as the horse-farmer. With wheat at 40 ? per bu., the horse-farmer may make a little but the tractor-farmer will lose...
...farmers' gross income rose to $6,000,000,000 and to $7.300,000.000 in 1934. This year it should be in the neighborhood of $8,000,000,000. So the tractor again comes lumbering over the farm horizon. There are no current figures on the truck and tractor population, but horses have dropped to 16,600,000. Sales of farm implements have risen even more sharply than the rise in farm income. From a 1932 low of some $150,000,000 they have more than doubled, until domestic sales for the present year are estimated...
...methods and economics in snow disposal came to the fore as was the case last winter when the "University Special" tractor appeared on the concrete paths of the Yard one night with its rotating brush whisking away a light snow fall...