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Surplus Record is a business directory of surplus, new, and used machine tools, machinery, and industrial equipment in the United States. It was founded in 1924 by Thomas P. Scanlan. The monthly directory, which is hundreds of pages long, has been referred to as "the bible of the used and surplus capital equipment industry". [1]
Agricultural equipment is any kind of machinery used on a farm to help with farming. The best-known example of this kind is the tractor. From left to right: John Deere 7800 tractor with Houle slurry trailer, Case IH combine harvester, New Holland FX 25 forage harvester with corn head.
An economic downturn during the early 1920s dampened tractor sales; price-cutting to stimulate demand sparked a price war in the tractor industry (called the tractor war). Ford, with a massive advantage in manufacturing capacity and distribution, had the upper hand, producing an estimated 73 percent of all American tractors, with IHC in a far ...
"Machinery Pete" is the brand name to the business of Greg Peterson. [32] who is now an expert on data within researching and tracking [33] machinery auction prices since 1989. Expertise within the farmers and dealers to look at and estimate the value on used farm equipment and the real value at auction. [34]
The 2.9 ton tractor was powered by a high compression Minneapolis-Moline four-cylinder 283 cu.in (4,637 cc) KED petrol engine which produced 46 hp and drove a gearbox with five forward and one reverse gears which gave it a top speed of 40 mph. [5] The model experienced poor sales due to its high cost of US$2,155 (1938) [5] (double that of a ...
The competition for track-type farm equipment increased in 1925 when the Holt Manufacturing Co. and the C. L. Best Co. of San Leandro, California, merged to form the Caterpillar Tractor Co. When wheat dropped to 25 cents a bushel in 1931, farmers could not afford new farm implements and the new Avery Power Machinery company could not pay its debts.
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