Evening journal., 1907-02-09
HOUSES ARE
VERY SCARCE
OF Course This Applies to
Dwellings Suitable For
Mechanics
FARM LAND PRICES GOOD

The second month Of the year 1907
gave most excellent promise Of a very
healthy activity for the months Of tho
year stlll TO come. and the business
accomplished and IN prospect is in
dicative Of the fact Chat Wilmington
real estate in 1907 viii establish a new
record and claim for itself greater APP
probation both on the part Of home
and outside capital
There was a steady volume Of sales
Of houses and gratifying line OF in-
quiry both for homes. apartments ana
business properties, and the sale Of
lots In situations eligible for building
Operations furnished n prophecy Of a
continuance Of the movement which
during the past few years has added
} so materially TO the number Of homes
in Wilmington.
Army Of Househunters
AS was 10 be expected from the
business of the renting counter for
months past. there was "a brisk and
spirited inquiry for tenements among
the householders during January. Few
houses Of the moderate and intermodi
ate class remain on the list and the
demand for the higher priced houses
! improves an the time. AS showing
that the demand viii be increased hy
many newcomers who are obtainius
employment IN the mills and factories.
we may refer TO the unusual number
Of letters being received from out OF
/ town. asking for rent lists This U.s. a
4 condition Of affairs that permits To- tha
owner OF houses "a choice of the bes.
| tenants and assures "A certain and sta
/ pie income from his holdings.
/ If those who have money TO invest
could watch the volume Of inquiries
at the renting quarters and the avidlty
/ with which small houses are snapp O
lup at rentals that pay a large per-
centage on their cost they would per-
haps come more TO the popular way
I of thinking that Wilmington is still
an exceptional uiace for the invest
l ment OF Wilmington money.
Farm Lands Of Delaware
/ The Census Department has just
I published some figures concerning the
increase In the value in farm lands
for the fve-year period, from 1900 10
! 1906 They mostly refer 10 Western
l lands. but they are highly interesting
| as a basis Of comparison as to the diff
ference between what prosperity and
Hand hunger is doing for the West and
what II is accomplishing in this part
OF the country.
II IS stated that the average increase
FOR the whole country is 80 per cent
during the period mentioned.
In Illinois the average price per acre
OF all farm lands reaches $Sl.69 pei
acre and in Iowa It is $1,000.
Whoever has the slightest acquaint-
| ance with the sales of farm lands il
the neighborhood Of Wilmington knows
that there has been no percentage o
increase in value. during the period
mentioned. that at all approaches IN.
general average above given. and taa
il falls below the lowest average foi
any OF the Individual states mentioned
1t IS quite certain. too. that the aver
age price per acre In this small fertile
thicbly populated and most favorab5
situated district fails below that foi
the whole state of Illinois and Iowa.
A Big Rise Coming
The Increase here I'm fact has scarce.
Is been noticeable. during the perio'
Of great prosperity since 1900, ant
everybody knows that many farms arc
sold for prices sometimes little more
than half OF what they commanded