My brother has a similar tractor, 1953 Ford Golden Jubilee. The loader on his is so heavy, if you put more than about a wheelbarrow load in it, the back tires are in the air. Which means adding ballast to the rear. To me, heavy loader + rear ballast = overloaded tractor(and possibility of breakage) pretty quickly. His also has power steering but is difficult even with the loader empty.
I think you"ll be happier with a newer midsize 4x4 utility tractor with loader and backhoe attachments. You"ll get a much more versatile piece of equipment(with various attachments) for about the same price as a standalone backhoe. Granted, moving the dirt will be a little slower, but I don"t get the impression you"ll object.
You might consider looking at the government surplus auction sites. I was on a couple recently and saw a John Deere 3 pt hoe attachment for $600, looked to be barely used.
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Today's Featured Article - Madison's County - by Anthony West. Philip Madison has been a good friend of mine for quite some time. He has patiently suffered my incessant chit chat on the subject of tractors for longer than I care to remember, and on many occasions he has put himself out, dropped what ever it was he was doing, to come and lend a hand cranking handles, or loading a find onto a trailer. Although he himself has never actually owned or restored a tractor, he was always enthusiastic and always around helping with other peoples projects.
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