Welcome! Please use the navigational links to explore our website.
PartsASAP LogoCompany Logo Auction Link (800) 853-2651

Shop Now

   Allis Chalmers Case Farmall IH Ford 8N,9N,2N Ford
   Ferguson John Deere Massey Ferguson Minn. Moline Oliver

Farmall & IHC Tractors Discussion Forum
:

WSJ Farmall article

Welcome Guest, Log in or Register
Author 
ohioron

01-03-2007 13:51:03




Report to Moderator

interesting article on the front page of the wall street journal today, Jan 3, 2007, on a 1206 search and restoration.




[Log in to Reply]   [No Email]
NDS

01-03-2007 18:27:28




Report to Moderator
 Re: WSJ Farmall article in reply to ohioron, 01-03-2007 13:51:03  
The article is posted on Red Power Site if anyone would like to read it.



[Log in to Reply]  [No Email]
CNKS

01-03-2007 18:43:50




Report to Moderator
 Re: WSJ Farmall article in reply to NDS, 01-03-2007 18:27:28  
Here is a link -- perhaps City Boy would like to read what the people on RPM have to say about Kristen -- I note that none of them called the WSJ a rich man's paper.



[Log in to Reply]  [No Email]
City-Boy McCoy

01-03-2007 18:49:28




Report to Moderator
 Re: WSJ Farmall article in reply to CNKS, 01-03-2007 18:43:50  
Ok, Ok. I am all wrong. I don't know what I am talking about - you better hope! mike



[Log in to Reply]  [No Email]
CNKS

01-03-2007 19:07:31




Report to Moderator
 Re: WSJ Farmall article in reply to City-Boy McCoy, 01-03-2007 18:49:28  
All is well -- All I am saying is that it is better to check on things before giving a knee-jerk reaction. There are two sides to darn near everything. I don't think the true penthouse yuppies in NYC are going to go out and start buying tractors. I have seen Barrat's (sp ?) auctions, and yeah, they are mostly out of reason. Also, go to the Red Power site, and look at the Farmall forum, not the Coffee shop that Kristin's article is in, and on page 1 or 2 is a thread about a Super HTA for $140000 -- it makes good fiction reading.

[Log in to Reply]  [No Email]
City-Boy McCoy

01-03-2007 19:26:57




Report to Moderator
 Re: WSJ Farmall article in reply to CNKS, 01-03-2007 19:07:31  
Yes, true. And I have a lot of respect for you, CNKS. And, you are exactly right - there are two sides to every story. I was CEO of a bank for 30 years, and I can tell you at least some folks with enough money to swing a market get ideas from the WSJ. I read it for years, and enjoyed it too. It was - as you say - much more than a financial report for the rich. It had a lot of human interest stories in it, too. I still enjoy it when I get a copy. Still, people get ideas, and trends get started, from respected newspapers. For example, I lost all my money in a hampster farm. (Well, not really.) Seriously, I would hate to think a nice, run of the mill "M" would cost us $8,000 a short time from now. It could happen..... Take care. mike

[Log in to Reply]  [No Email]
City-Boy McCoy

01-03-2007 15:16:59




Report to Moderator
 Re: WSJ Farmall article in reply to ohioron, 01-03-2007 13:51:03  
Great. That's just what we need - a bunch of rich guys getting into old Farmalls. I have observed my whole life: When the "big money" gets into something, the little man gets squeezed out and the prices shoot to the moon. From then on, it's all about money, money, money. You can sell out, but you won't be able to get back in. I got into vintage sportscar racing back in the 80's. The idea was, you find an old racecar which has been discarded and nobody wants it anymore, restore it to its former glory, you learn to drive, your group rents a track, and you get to drive it at full-speed to recapture the scene and driving sensation of what it must have been like to be Parnelli Jones or Mark Donahue. (I found an old Parnelli Jones Boss 302 Mustang.) Then, the "big money" discovered it; Cars went to $200,000+ and the average guy was squeezed out. They make you an offer you can't refuse - but, then you're out.

Anybody watch the Barrett-Jackson classic car auction each January? Same thing. The "big money" has jumped into collector cars and now you have to be a "Rockefeller" to afford an old Corvette or Mustang. It would be the worst thing to ever happen to our hobby. I guarantee it. I hope it never happens. We've got something special here. I hope the rest of the world leaves us alone. We're not into this for the money. But, the "rich-boys" will be. mike

[Log in to Reply]  [No Email]
Red Reaper

01-03-2007 18:11:07




Report to Moderator
 Re: WSJ Farmall article in reply to City-Boy McCoy, 01-03-2007 15:16:59  
Well I can assure you I'm not rich by many standards according to my bank account,unless you include being married and have a wonderful family and get to farm on my own,then yes I'm blessed. My wife said,she was sure suprised to know she married a rich guy!All this time we've been living in someone elses house,now she wants her own since we can afford it!! LOL Seriously I highly doubt any penthouse city boys will buy something they cant in anyway shape or form use,or know anything about.and restoring tractors is not a money maker even if you do the work yourself,so I think this hobby's safe. Farming however is not safe from penthouse city boys,look at how the investor,1031 exchange buyer and city hunters have destroyed owning your own farm ground. That was supposed to be in the article along with how hard it is to start farming for young people in todays times. It got cut out to shorten the article by editors,and probably wouldnt of been too popular with the mainstream readers of the WSJ.

Thanks for the nice replys, Kristin

[Log in to Reply]  [No Email]
City-Boy McCoy

01-03-2007 18:46:42




Report to Moderator
 Re: WSJ Farmall article in reply to Red Reaper, 01-03-2007 18:11:07  

Kristin:
I hope you are right (about the rich city boys). But, I can tell you this: They don't know sheep dip from Shinola about a race car, either. But, they hire a team of mechanics who do. They don't even keep their race cars - their hired mechanics keep the cars at their garages. Additionally, they fly into the race track, after they have their mechanics and crew tow the car (Farmall?) to the big event ahead of time.
After they "fly and drive", they fly back home and leave the rest of the chores to the mechanics. Auto racing is not a "money maker" either. In fact, it is just the opposite - a big loss and expense. They know that.
Like I stated: I hope you are right; I hope this hobby is safe. All I am saying is, a Wall Street Journal article about restoring old Farmalls is, "an ill wind that blows no good....". mike

[Log in to Reply]  [No Email]
tractorfan1

01-03-2007 17:37:06




Report to Moderator
 Re: WSJ Farmall article in reply to City-Boy McCoy, 01-03-2007 15:16:59  
I cant believe what im reading here, I have you know that the guy in the article you guy"s refer to as the "rich guy" is not in it for the money, It was his late grandfather"s tractor that he searched for and found in a salvage yard and restored. His name is Kristin Gall and is a friend of mine from the Red Power Magazine forum, he has helped me out several time"s in finding an original radio for my 806, he is also one of the nicest guy"s out there to get to know. I think you guy"s need to show a little RESPECT!

[Log in to Reply]  [No Email]
City-Boy McCoy

01-03-2007 17:42:01




Report to Moderator
 Re: WSJ Farmall article in reply to tractorfan1, 01-03-2007 17:37:06  
I'm not talking about the guy in the article. He's fine. I'm talking about the guy who is going to read the article in the Wall Street Journal from his penthouse office in the financial district. Think. mike



[Log in to Reply]  [No Email]
formerly ny bill

01-03-2007 17:30:18




Report to Moderator
 Re: WSJ Farmall article in reply to City-Boy McCoy, 01-03-2007 15:16:59  
have you read the article??? mr gall rebuilds automatic transmissions and farms part time. i think he'd be surprised to be a "rich guy". the search for and restoration of his grandfather's 1206 is quite inspiring.



[Log in to Reply]  [No Email]
City-Boy McCoy

01-03-2007 17:45:12




Report to Moderator
 Re: WSJ Farmall article in reply to formerly ny bill, 01-03-2007 17:30:18  
Com'on man. Think about it. I'm not talking about him; I'm talking about who reads the Wall Street Journal. mike



[Log in to Reply]  [No Email]
CNKS

01-03-2007 18:24:56




Report to Moderator
 Re: WSJ Farmall article in reply to City-Boy McCoy, 01-03-2007 17:45:12  
I read the WSJ -- I am not rich. Many people read that paper, it is more than just financial stuff-your impressions are misguided and totally incorrect.



[Log in to Reply]  [No Email]
City-Boy McCoy

01-03-2007 18:51:41




Report to Moderator
 Re: WSJ Farmall article in reply to CNKS, 01-03-2007 18:24:56  
Come on, man. I did not say everybody who reads it is rich. But, anyone with the brains of a peacock knows the rich read it. mike



[Log in to Reply]  [No Email]
John M

01-03-2007 16:50:01




Report to Moderator
 Re: WSJ Farmall article in reply to City-Boy McCoy, 01-03-2007 15:16:59  
"Great. That's just what we need - a bunch of rich guys getting into old Farmalls."

Too late!



[Log in to Reply]  [No Email]
City-Boy McCoy

01-03-2007 17:06:34




Report to Moderator
 Re: WSJ Farmall article in reply to John M, 01-03-2007 16:50:01  
Yeah. Unfortunately, you're probably right. (sigh.) And, there ain't no stoppin' it. Still, I wish they'd go play polo in Acapulco or something....
mike



[Log in to Reply]  [No Email]
[Options]  [Printer Friendly]  [Posting Help]  [Return to Forum]   [Log in to Reply]

Hop to:


TRACTOR PARTS TRACTOR MANUALS
We sell tractor parts!  We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]

Home  |  Forums


Copyright © 1997-2023 Yesterday's Tractor Co.

All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy

TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.

Yesterday's Tractors - Antique Tractor Headquarters

Website Accessibility Policy