The herald-advance. (Milbank, S.D.) 1890-1922, 1902-08-01
SOUTH DAKOTA Is BOOMING
Not since the Days Of Settlement, In
tho Eighties, Has the State Enjoyed
Sr~h nov.1onuron< II II Said

inc Ell HU1cos knuS - "
such Development. 1t Is Said.
South Dakota is enjoying the greatest
development since the days OF its set
Element, early in the eighties. Not for
many years before have so many new
settlers located on lands within the
state as within the last year or two.
This spring and summer, in particu-
lar, has witnessed a wonderful imml-
grafton to all portions of the agricult-
ural parts Of the state east of the Mis-
souri, riv .r. Incoming trains have been
loaded with new settlers and their ef-
fects. and the capacity OF the transfer
warehouses in Sioux City and at other
distributing points have been taxed to
their utmost. in handling the household
effects, cattle, horses and other proper
ty of newcomers who have located on
farms in this state.
A great majority of the new settlers
come from Illinois, Iowa and Southern
Wisconsin, while thousands Of others
have come from states farther to the
eastward.
Those who come from Illinois and
Iowa are largely farmers who have
hitherto rented farms in those states.
In the former state they nave paid "a
to 81 per acre annual rental, while In
Iowa the rental prices per year vary
from So to IS per acre.
The Wcome find that by purchas-
ing South Dakota farms at the present
comparatively low prices-low when
compared with the prices of farm n
in Illinois and Iowa-the interest upon
the sums paid for farms in this state
do not amount to as much as they have
heretofore paid in annual rentals.
Many of the newcomers are also To-
eating upon government land. whi:h
can yet be obtained in the central part
{ the state. In the immediate vicin-
v OF Sioux City, as well as elsewhere
throughout the state, the influx of land
buyers and he stiff local demand has
caused a steady increase in the price OF
farm land.
The following table, figures for which
were furnished by Sexton & Welliver,
we'll informed and pioneer real estate
men of Sioux City, will show the In
crease in tina part of the state since
1895:
Value of improved lands in 1895, SIS
to $25 per acno.
Value Of unimproved lands In 1895,
$40 to 500 per acre.
Value of improved LAND in 1900. $50 to
$S5 per acre.
Value of unimproved land in 1900, SIS
to $25 per acre.
Value of improved land in 1902, $50
to $50 per acre.
Value of uninpr owed land in 1902, SOS
to $50 per acre.
The rise in values has been caused
partially by the uniformly good crops
raised since 1894. and partially by the
realization of the people throughout
the United States of the coming scare
ity of arabic lands. by reason of the
rapid settlement of desirable govern
ment lands.
There appears to be little doubt that
the rise in values is legitimate. In
support of his view 1t can be stated
tina in addition to the demand of new
corners for South Dakota farm land,
thousands of old settlers have, during
the past few years. been buying ad-
joining farms, either for themselves or
their boys, who have grown to man
hood and wish to embark in farming
on their own account.
The purchase Of additional land by
farmers who have resided in the state
for twenty years OF more, n who,
during hat time. have been able to o
rectly Judge the value of the and and
it's productiveness. is an apt illustration
of the faith which is entertained as to
the excellent character of the farm
lands of this state.