Arizona republican., 1909-09-04
THE RISING VALUE
 0F ORANGE LAND
The History of Tract Which Was
 Sold Yesterday.

Three months ago yesterday, pr. Win Wylie bought the Cook orange grove from Sid Henry for $1S,0O0. ! The grove lies adjacent to the Ward grove and contains twenty acres of trees and ten acres of vacant land. Though the doctor came into posses sion of the land too late to derive any benefit from the crop, yet it netted him an even S1,O00 a month, for yesterday he sold it to Henry Leppla. a South Dakota banker for $21, ,000.
 The best illustration of the rapidity with which orange land in this valley has been increasing of late is found in the history of that particular tract for the last year and a half. A little less than that long ago, Dr. Wylie, who had had an eye on that grove was offered it for S12,000. He thought it was too much. Less than six months ago MT. Henry bought it for S14.OOO, but paid only S1.OOO to hold the bargain in place for short time. Then he sold it to pr. Wylie for S1S.0O0.
 Though the doctor is satisfied with the SS.O00 he has made in three months he cannot help reverting to his loss of SS.00O in neglecting to take the property eighteen months ago at SIP. .OOO.
 He believes that the speculative possibilities of the tract are by no means exhausted. and he offers the prediction that if MT. Leppla wants to sell it at the end of the next three months he can make a profit of not less than SS,O00.
 MT. Leppla accompanied by his wife, arrived here four days ago for the sole purpose of visiting John Burgess. an old friend. who last winter bought fruit ranch near Ingleside. They intended to continue their journey in day or two. to San Francisco, but a peep at the valley so interested them that MT. Leppla at once got his mind set on investment, even though 1t IS the season of the year that least ap- | peals to a tourist from the north. Their visit was sufficiently lengthen- ed for Mir Leppla to find what he . left last evening for San Francisco and from there will later return to their northern home.
 Mir. Leppla said last night that he does not intend to do anything hastily but his present plans are to so adjust his business affairs in the north that he can come here sometime next year and build for himself permanent res idence. either on his new possessions or in the city.
 He has quite extensive interests in the vicinity of Spearfish, s. D., and was as happy and contented as g man | usually is until he got a glimpse of the Salt river valley He did not came here seeking investment or expecting to be tempted into it, but he is sufficiently capable business man to know good thing when he sees it and it only took him four days to satis- fy himself concerning the future of the Salt river valley and the fur ther fact that bearing orange orch ard in these parts at $700 per acre is snap one cannot get hold of every day. He says that henceforth he will have a working interest in the pros perity of this section. hopes eventually to make it his permanent home. and
 has no doubt that on the strength of his report to his neighbors and friends and the proof of his faith by his in- vestment. others in that locality who are seeking a milder climate as well as opportunities for investment, will follow his advice and his example.