The Lamar register., 1911-03-29
COLORADO LANDS LIKED BY
EASTERN INVESTORS
Three Big insurance Companies In
vest &5,17O,1 O4 In Farm Mort
cages In State

mia and s4.561.907 In oklahoma.
This. 1t seems to me. furnishes
striking evidence of the high es-
TEEN In which the productive land
OF this state Is held among east
ern investors and financiers.
The wonderful progress made in
recent years by the agricultural
and horticultural Industries of Col
ora.do has been carefully studied.
The uufailing high rates OF annual
income . has not been overlooked
They have been made Q close record
OF. And 80 has the rapidly grow
ing demand for land in all the i'm
portant districts and the conse-
Quent substantial advance in values.
Investments In the average class
Of farm mortgages in Colorado are
perfectly safe. and. at the same
time. very remunerative. They are
secured by property Of thorough
ly demonstrated productiveness. Ii
the appraised value is. say. $780,
900. there u no peril in advancins
the owner$4.000 or $4,000 against
n mortgage on the whole tract. In
the most select sections. even a
loan Of $1,000 or $4,000 WOULD
not involve An extra financial haz-
ard 70 the lender.
The investor placing his fund.
In choice farm mortgages in this
stats. IT from to z per cen,
u we'll advised. His security IL
ample and steadily appreciating.
There v decidedly more safety i'll
such Investments than in the pur-
chaAe OF much OF the stuff paying
tenuous or unearned dividends anG
selling ~ fantastic prices on In.
Wall street curb" and stock ex-
change.
From all present Indications. .
sharply Increased demand for the
dry farming land OF the eastern
plains " practically assured. A
Number OF so0d-sized transactions
have Atterly been recorded. One
q these led TO the transfer OF
more than $500 acres near Ben
1stt, thirty miles from Denver. to
~ Iowa party. At the price Ga
$4,000. or about 1850 per acre.
Five years ago the same lano
brought an average price OF only
Is. The difference in value repre-
SAINTS . gain OF 40 per cent with
In that comparatively brief spac.
Of time.
II this V not . olinching argu-
meat In favor Of the desirableness
OF agricultural land Investments in
Colorado. would like to know
what elise could be. Particularly
noteworthy in this instance OF
great enhancement In valuation Is
that 1t took place during times OF
and financial stress and
1t u hard TO be-
Neve that the party who bought
At IS per acre In 1905 could have
done equally a. well In any other
way or place. II We except first
class urban investment.
There used 20 DO . time when
dry Land was regarded as some
thing of . joke. But 1t has flown
By. and that for good. The joke
amiths have become silent In the
land. They have been confounded
By Developments. They have been
made TO see the grave error OF
their ways Of thinking. Most of
them now wish they had been gift
ID with more solid sense and less
frivolous humor and followed the
OF those whom 1t was their
wont to deride for putting money
In the unproductive land of the
plains.
~ the present time much OF
this soil. both improved and unim-
proved. may yet be purchased at
prices ranging from $40 to $40 per
acre. according to location. de-
eASo Va AsA amy 8h0 botecIhcA No.
In numerous regions unimproved
tracts Of considerable promise may
be acquired at even less than $40.
That they are all worth purchas-
ing cannot be doubted In the
least. Nor can 1t be questioned
that the time Of such low values
is fast drawing TO q close. The
far-aghted investor in attractive
farm land II sure to discern the
of picking up the
bargains yet obtainable. and his
name - legion at the present time.
and will be greatly more SO q few
years hence.
The time to invest is when
prices are stiu low and when the
mAsse0 of the unobservant are
disposed to question the
Of venturing their money.
this may be q truism.. 1t
= worth reiterating. It's validity
has been demonstrated time and
lsain. but despite this. there is
. pronounced inclination