Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1903-01-27
Compiled by ]. F. Merry, Assistant
General Passenger Agent. Dubuque,
Iowa.

Compiled by J. F. Merry, Assistant
General Passenger Agent. Dubuque,
Iowa.
Never in the history OF the United
States has there been such an active
for farm lands throughout
the entire Northwest, nor such phe-
advance in prices as during
the past three. years. In illinois the
advance has been from $50 to 1880 an
acre; in Iowa from s35 to s75 and even
higher; In Minnesota from SIS to $50,
and in South Dakota from $3.50 to. $50.
Real estate prophets and Others have
each year predicted that the top has
heen reached, and that prices must
decline. Such, however, has not been.
the case. On the contrary, not only
practical farmers, but bankers, me-
chanics, merchants and manufactur-s
ers, having idle money, have shown
their confidence In the future Of Guilt.
vable lands by making liberal land Inc
vestments, and the prices have con-
tinued to go higher and higher.
The question now agitating the
minds Of all real estate agents Through,
whom 30 per cent. Of all the farm.
lands are soldl Is where can We find
low priced real estate, and where will
be the next great advance N lands?
The object % this circular Is to advise
all real estate agents and Dtlees who
handle farm lands, that every indica<
tion now points to the SOUTH Is the
center Of the next great boom, and
our reasons for thinking SO are based
upon the following facts:
southern farm Lands arc low - compared
with the value Of Southern farm
products.
LIST. Southern farm lands are too
low, as compared with the market
value Of sou hern farm products. 20
Illustrate: In Iowa, lands selling 10
the market for $50 to s75 an acre. are
rented for only ss per acre. In MfYc
|sissippi Valley, improved plantati9As
can be bought ct from ESQ TO $S5 per
acre, and readily rented for n and
even 81 per acre, cash, or what Is bet
ter at the present high price Of cotton,
for 100 pound of lintc cotton per aeret
and upon which the taxes are not more
than half what they are In Iowa and
Illinois.
An iPcraAse.aa Al l4 end and tncreased local
markets for ~ Southern ag4! products
End. All indications potat to On ia,
creased demand and INCREASED local
markets for all kinds OF Southern farm
products. The developmentof South.
Tern Oil fields furnishing cheap fuel Is
attracting the attention Of manufac-
turers everywhere, and new and i'm
portant industries are springing up at
many aoists along the line Of the Hi.
nois Central and The Yagqg a Missis.
lsippi Valley railroads. ALREADY tbeee
Industries are creating q demapd fol
all kinds Of lumber used Ia the manu-
fracture OF furniture, caskets, vehicles
| and farm implements. Cotton and all
its by-products, the raw material Of
| of the South that for year,
has gone begging, are pow in demand
at greatly advanced prices, aFd Will
| this comss a Natural demand, eat high
er prices for egesyth hing upon the farm.
The Cities OF the South ara inareesipg In
population alta rapid rate.
3D.. The cities Of the South are,
with the introduction OF new indus.
tries, increasing in population ut q
rapid rate. Every branch of business
| is prosperous, and hence there is an
Increased demand for every kind Of
garden truck and fruits grown upon
the farm. Unders such conditions there
can be hut on result. Southern tarm
land must, and soill, adva,sce. &
Emigration and . rapid advance In ths
priCe Of farm lands
9Th, The construction Of an iDtero.
|ceanic canal. whether at Panama Of
Nicaragua, will mAke NeY Orleans
the gateway to important new sasrks
| cts that use largely the mining, manu-.
featuring and agricultural products Of
the South. 1t will be the means Of
calling the attention of thousands Of
tourists and capitalists to the fertile
lands Of the Mississippi Valley. II
will result IN large inyestMents o.
Northern capital. which IS Invariably
followed by immigratin and q rapid
advance in the price OF farm lands.
Best quality Of timber lands arc yet on the
market. is
9Th. Unimproved hardwood timber
lands OF the best quality are get on
the market at points in Mississippi,
between Memphis and Vicksbure, at
from 81 to SIG per acre. The cost OF