Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1914-10-01
FARM LANDS jump
THROUGHOUT STATE
Modern Methods Have In
creased Values Until Quoted
Prices Seem Fabulous.

The distinct difference in figuring
profit, from the standpoint Of the farm
err and he standpoint of the business
man, is seldom considered in it's fullest
Importance, and when 1t is, the farmer
is found to be at an advantage. The
business man fixes his profit outside Of
all operating expense, but the farmer
always has included in his operating
expense, his cost of living, and in the
present day of the much advertised
high cost of living" he surely a in
his favor a noteworthy item. And
while he is living" off his farm prod
ucts, in many cases he is doing so in a
much more luxurious way than his
business brother-namely, fresh eggs,
fried chicken, pure milk. fresh fruit,
and so on down the list of food stuffs
that have become much of a luxury in
city life.
Thus. what the farmer makes above
his actual cost of existence, is profit
and can be inverted back in improve
ments, farm implements and other es-
tsentials to successful farming; while
the business man needs must cut into
his profit for his expense of mainten-
ance, and many times there is little
actual profit left, and his stomach is
wrestling with indigestible foodstuffs:
his lungs battling with the polluted air
Of the city, and his senses craving the
peaceful quiet of the country.
Try to Buy One.
The matter of choice between the
distinct environs Of the two lives rests
in the persons affected, but as a mat
more prominent position than it ever
did before. Try to buy a farm, if O
are not convinced.
The intense development Of agricul-
tural resources has been largely re-
sponsible for the great advance in farm
land values in the last 10 or Is years,
and real estate dealers declare hat the
European war is certain to make these
values soar still higher, and also fur
Their agricultural advancement, such as
diversified farming, in the immediate
future.
The next advance in farm AND val
ues rests largely with the financial
prices Of the products are advancing
rapidly. at the present time finances
are not In such shape as to facilitate
real estate exchanges. But as soon as
money again becomes easy" q brisk
movement In farm lands at higher VAL
ues than ever before is predicted by
men III close touch with the situation.
The steady advance of valuations in
the last 10 years has been made on a
substantial foundation, that being the
TACT that the earning capacity of the
properties has been greatly increased.
particularly by diversified farming. The
development Of alfalfa is but one in
stance Of this. In this section there are
now four crops a year of alfalfa, bring
ing in about six tons to the acre a
year., the product selling at prices rang
ing betWeen $40 n SIS a ton.
Taken Big Jump.
The average acre of farm land in
inns territory today is worth $3.50. as
compared to a valuation of about $40
not longer thar 10 or Is years ago. And
lne aeVelopment in u~nnumbered in
Stances has been fabulous, particularly
~ pfchard lands, which today bring
as hlSh as $1,000 an acre, which price
was paid for the Stone orchard. near
SIOUX City, not long ago. The orchard
o. u; -. Healy, within a short distance
OF th1s city, recently brought 5000 an
acre, while so acres immediately north
OF TINS property sold three Years apo
AT Soo an acre, and the owner theraoP
recently refused an offer of Soon an
acre Tor the same land. Dairyine and
lnarketlng also have done much to.
"a I, Increasing land values.
/, ine DIG advance in the price of land
~ IL .lle northwest is justified by the in
t thaneG production and revenue derived
en e,e1Ioln' according to land dealers
and they declare that the prices ueaiu ni1;
eontinue to go up; that thew womId
Miehout the European war. and tbat
Tue war Is certain to cause an ~
tligulate increase of valuations uhinh
VIII be noticed as soon &c fna, winch
more easy. nianees are