The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-12-23

TICncr ana new ana u1VeISlIIcu CIopo
are being successfully grown. I can
not state the reason for this increase.
The apparent reason is that farming
has come to be a lucrative employ
ment, and that the young men, even
college men, are going to the farm for
a livelihood and are finding 1T pays
WE'LL The intellectual growth Of the
farmer and the higher price of cot
ton means much for the South, both
now and for the future. You are
doing a good work.
Through Water Power Development.
U. B. Blalock, president Bank of
Norwood, Norwood, N. c.:
There is no doubt but that our
farm lands have increased greatly in
value on account of the generally
prosperous condition of the Southern
farmer. The increase in value of
farms cannot be attributed to any in
hux of settlers, as North Carolina is
greatly in need of more immigrants
and is not getting her share of for
eign immigrants. One great local
cause for increase in values in real
estate in this county (Stanly) is the
developing of the great water-power
on the Yadkin river at Whitney, N.
c., by the Whitney Company of Pitts
burg
Variety of Crops.
]. c. Braswell, president Planters
Bank, Rocky Mount, n. c.:
'The value of farming lands in this
section has advanced fully 100 per
cent within the last four years, due
to the general prosperity of the farm
ers One reason of this prosperity is
the variety of crops that it has been
proven could be successfully raised.
On account of tho soil and climate
more than Il half dozen paying crops
can be produced. There is yet room
for greater advances, which will sure
ly come with the continued improve
ments in farming methods and the in
crease of settlers. We need and have
room for an increase In populatlOn
of the proper kind.
j. G. GODDARD, cashier Bank of
Martin County, Williamson, N. c.:
1--WE believe the prices of farm lands
have advanced so per cent in the last
year in this section of our State. We
believe also that the price has adj
vanced fully 100 per cent in the past
four years. This advance is due
solely to the prosperity of the farm
crS dlOl1S WIFI Tile u6Ne'cpIllCuI VI oil
branches of business. There has been
no incoming of settlers from other sec
tons to cause this advance in farm
lands. Our farmers are selling their
products at high prices, investing
their surplus money in more
lands, improving their farms and
using more and more up-to-date farm
machinery. We know of no better
paying investment than in farming at
present prices of farm produce
Advance i'm Two Years.
A. M. Dumay, cashier First Ma
tional Bank, Washington, n. c.:
Farm lands in this section have
advanced in value to quite a large
extent during the past two or three
years, and l think that the advance
ment in this section has been at least
rs per cent above their selling prices
two years ago, which | believe is due
to the general prosperity of the farm
ers of this section and general de-
velopment of the agricultural re-
sources"
What Trucking Has Done.
Hugh MacRae & Co, bankers, Will
mington, n. c.:
''In this section, which has develop
ed within the last ten years into the
most important trucking section in
the South from the standpoint of ac-
tual shipments, it is only natural that
farm lands and trucking lands should
have increased in value very greatly
We should say that this increase has
been at least 200 per cent in the last
three years. The advance is, of
course, due to the splendid results
attained by those who have gone into
this industry and the realization of
the suitability of these lands to the
raising of all classes of early truck
These facts are steadily attracting
outsiders, but this has not yet affected
the price of farming and trucking
lands, which still sell at a reasonable
figure and afford large return to the
industrious farmer on his investment.
Vegetable Growers Successful.
H. c. Mcqueen. president Murchi-
son National Bank. Wilmington. N.
c.:
There has been an increase IN
values of farm lands in this section all
the way from so to 100 per cent In
the last two years. My impression is
that the increase in value in land
here has been the result of general
prosperity of the farmers caused by
good crops and good prices In our
immediate section the vegetable
growers have been very successful
the one item of strawberries from this
immediate section selling for $780,
900 in one season, and other vegeta-
bles, such as lettuce, asparagus, po-
tatoes, ETC., have brought generally
remunerative prices. | do not think
there is any doubt about the fact that
the people of the South, particularly
in North Carolina, are more prosper
Gus than any time in their lives. We
want immigration here and are
making efforts to turn it this way
Our land is well adapted to the culti-
walton of most every kind of crop,
and we do not thir.k there is any bet
ter climate in the world. SO all the
conditions here are favorable to in
crease our population very ma
terial,y."
Thrift and Energy the Cause.
E. O. MCGOWAN, cashier Elm City
Bank, Elm City, n. c.:
"As to the increase in value of