The Minneapolis journal., 1905-11-27
LANDS BOUGHT BY: y: !.
ACTUAL SETTLERS
SYSTEM OF ADVERTISING ACRE.
AGE PROVES A SUCCESS.
State Lands Now Go to Men Who Are
or Will Shortly Become Actual Set
tiers, and Who Pay Better Prices than
Spectators Did Under the Old Sys-
tenn

That the advertising of state lands
for sale to actual settlers under the new
law is great success is demonstrated
by the compilation of statistics in the
state auditors office relative to the re-
cent fall auctions Of state acreage.
The total acreage Of all classes Of
state lands sold from July 81, 1895, to
July 81, 1904, was 483, ,419.97 acres, max
ing an average per year Of 1852 a AZ acres; Is
acres were sold. There are still eight
sales to be held during the month Of
April, at which it is estimated there
will be sold at least $4,000 acres, max
ing the total sales for the year in ex-
cess of 100000 acres. =:
Of the land sold, 43, ,543.06 acres was
sold to $50 purchasers, who gave their
postoffce addresses as in the county in
which the lands were situated, This is
purchaser. The balance, "a, ,230.65 acres,
was sold to 1872 purchasers, who gave
their addresses as outside the county in
which the lands were situated This
makes an average Of 126 acres to, each
purchaser. .v =: -. -
Bought for Outsiders. v%.tt -"
Unquestionably considerable land was
bid in by local persons for outsiders who
could not attend the sales but who will
come later. 1t was also found thai
many who had come to Minnesota had
found private lands that pleased them
and rather than wait for the state sale
had purchased 0f private dealers: Thir
ty-six. purchasers gave their addresses
at points outside the state. ''>
2,655,112.l6 acres Of school, university
agricultural college,, internal improve
ment, state institutions and swami
lands for a total consideration of SIG,
276, ,721.79, making an average price O.
$617 per acre. For fifteen years, from
1890 to 1904 inclusive, the period dur
ing. which the highest land values in tn
land department sold 645,o27 acres o
school lands for 81, Az, Asian a. srag
price of $6.9S an acre. 80
Averaged STA an Acre.
The 67,773.71 acres sold this fa]
brought 1924 4,6S7.10, or an average o
$7.74 an acre. This is an average pric
Of $1.57 an acre in access Of the averag
price Of all lands sold in the previou
history of the state and 86 cents a
acre in excess Of the average price II
, ceived for all school lands sold durin
| the last fifteen years. Previous to tn
sale held this year there have been si2
: teen state land sales in Wadena count,
and II, ,56O.27 acres sold for $74, ,275. .75-
an average price of $6.42 an acre. A
the sale this year 4,726.17 acres was sol
3 for $39, ,13S.12-an average price of $8.2
an acre.. -2@ 4: -
The figures show conclusively ths
when state lands are now sold under tE
) provisions of chapter 299, general law
of 1905, known as the Cole @homestea
law, they 90 into the hands Of men wh
; are, or will shortly become, actual Sc
tiers, and who pay more for land tina
the speculator. The records in the stat
: auditor 8 office show that in one yea
h one speculator bought more than 24,OC
!. acres at the state sales, and that al
:, other speculator bought more than le
q 900 ac1es in one year.
e All Done Away With.
f This has all been done away with an
d the land will now go into the hands (
those who will improve it and thus &C
to the values of all surrounding, pro
erty. The figures also show that mar
local purchasers were buying to add p.
their present holdings. The average
"a acres to purchasers a good inc
cation Those from outside who pu
chased secured on an average 126 acre
It means that they wanted to secu
enough for farm and a home. II
prices obtained show that advertiser
pays.
| Mendine Bureau -(Io1lar Or cuff han