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55 years ago: Farm estate taxes moved higher post-war

For sale: 1,000 Northwest Ewes, California blackfaces, Hampshire and Suffolk, short, yearlings, rugged, growthy type, ideal for pasture and breeding flock –Lawrence Love, Eaton, Ind.

Real estate for sale: 144 acres near Connersville, eight-room semi-modern house, large bank barn and new tool shed, about 100 acres farmland, balance permanent pasture, priced at less than $200 per acre, cash or contract – James Overmyer, New Castle, Ind., for Halderman Farm Management Service.

Farm real estate taxes are at record levels and are going higher, according to Farm News Service. Taxes levied in 1957 total more than $1 billion and have increased steadily since 1940. The average increase has been 5 percent a year.

Local government costs, primarily in public education, have caused the uptrend. The proportion of net farm income going to pay real estate taxes has doubled since the end of the war - 3.1 percent of net income in 1946 to 7.1 percent in 1957.


The grand opening of the new Chicago/Joliet Livestock Marketing Center near Joliet, Ill., was held this summer, highlighting the 8,000 daily capacity cattle house, the 6,500 daily capacity hog house, a 60-office administration building with luxury restaurant and 500,000-gallon water storage tank, all sprawling across a 34.5-acre campus. More than 10,000 people attended the open house.
Real estate for sale: 172 acres, of which 121 acres are tillable, the balance in fertilized grasslands; excellent cattle handling facilities, no house, two barns. $425 per acre in Wayne County, Ind. – Tri-County Real Estate, Cambridge City.

Oliver 70 tractor, $150; Oliver 7-foot tractor mower, $75; new pop-up bale loader, $350; J.D. plateless planter No. 1240, two years old, $600; A.C. blower, $75; A.C. chopper, $25; 20-inch Grundler hammer mill, $75; and New Idea corn head.

June equipment specials from Farm Bureau Co-op: 80-gallon waterer (F95S), $159; 70-gallon insulated waterer (G801), $179; 24-inch circulating fan (NE-24), $119; air inlet (model 33), $29; and 20-inch stainless ventilation fan (SS-720), $319.

State Sen. Gene Branstool of Utica, Ohio, serves the people of Ohio Senate District 31 while maintaining a dual vocation as a farmer. Now in his 14th year as state legislator, he also actively is engaged in farming with his brother, Ron, of their 600-acre farm operation. He is the only state senator actively engaged in farming.

Gooseneck hog and cattle trailer in stock at the Rodeo Shop in Eaton, Ohio: 6x12, $2,595; 6x14, $2,795; 6x16, $2,995; 6x20, $3,595; 7x16, $3,850; and 7x20, $4,500.

Real estate for sale: Highland County, Ohio, 92-acre farm with three-bedroom home, year-round stream, 12x30 garage, 24x4 and 32x160 barns, 36x48 hog barn, 22x24, 12x24 and 16x25 cribs, 24x18 and 30x18 grain bins, $425,000 – call Sue at Sue Boone Realty, Inc.

The University of Tennessee will auction off more than 350 beef cattle and close the Knoxville Experiment Station’s Alcoa Unit as a part of budget reductions, officials announced recently.
Antioch Daylily Gardens is located north of Lexington, Ky., with 10,000 daylily plants of 80 varieties, planted and owned by Charlie and Lisa Farmer and their children, Jon, Morgan and Brandon. The 20-acre Bourbon County farm has been in the family since 1958, where Charlie’s parents raised four children on this land of tobacco, beef and sheep.