East Oregonian : E.O. (Pendleton, OR) 1888-current, 1914-01-23
BIG LAND PRICES
CAUSE Of WONDER
FARMERS PAY DOUBLE FOR
LAND YET GET NO GREATER
PRODUCTION.
Last Ten Years Has Witnessed Heavy
Advance in Land Prices-Taxes Al
SO Go Up and Other Costs But
Yields Remain As Formerly.

quently selling at prices upwards Of
asked these days how can this be
done when the producing value Of
the land is not greater than 1t was
10 years ago when land sold at about
one-half the present prices.
1t is a fact shown by the records
that land prices have virtually dou-
bled in the last decade. 4 quarter
section of land in the Helix section
that formerly sold at $4,000 now goes
for $4,000. Land that once went for
$50 per acre now sells for 500 and
so on.
Yet this land produces no more per
acre than it did for the land has been
well farmed for years. Wheat prices
are not greatly different from what
they We're, money is no cheaper. the
cost of labor and of sacks is greater.
Taxes have doubled. Farming ma
chinery costs as much as ever or
more and horses cost more than they
did Therefore the farmer is in the
position of having his capital stock
increased and also his operating costs
without having the benefit Of increas-
ed production in proportion.
The answer generally is that men
want land and having money or cred
it they can use for land buying pur-
poses they get the land. They don't
stop to figure wheher they could put
the same money into something else
and make greater profits. They are
not looking for something else. They
are in the farming business, they un-
derstand it and are willing to increase
their holdings when they can
1t is evident, however, that there
must be a limit to the price farmer
can pay for land to be used for wheat.
raising with a crop only on alternate
years. The advance in the price of
land must stop, the farmer must be-
| come content with smaller dividends
than can be earned in other lines OF
business or else he must adopt meth
DDS through which he can make his
| land more productive. There are
1 many people who think that the last
course offers the most logical way out
of the dilemma and that in time il
| will be taken.
Boston Wool Market-Wool sale.
at Boston in the past week were
about 100000 pounds. showing 4
continuation of active buying. Trans
fers of territory wools, which contin
| ue to form the bulk of the business
have been well distributed. A fail
amount of wool in the original bag!
has been included in the movement OF
the various grades Among the sale!
reported were lots in the origina
bags. as follows: $50, 900 pounds New
Mexico at IA 12 to Is cents; lik,
amount of Montana at private terms
10000 pounds Montana at IS l..
cents; also 10000 pounds Colorado a
Is cents and $4,000 pounds New Mex
leo at Is cents.
Other business in territory wool
include 100000 pounds fine medium
Utah, at 8 1-2 to 16 cents; $1,000
pounds Dakota fine, at Is cents; 100.
900 pounds hree-eighths- s-blood Mon
tana at 19 12 cents; 100000 pound
fine and fine medium Montana. at
cents: 10000 pounds Montana fin
and half-blood at Is cents; 10000
pounds Idaho fine at 16 cents: $50.
900 pounds fine Montana at II to
cents; 100000 pounds Montana half
blood at IS IL to 10 cents; 10000
pounds of various grades and prices
| 10000 pounds fine staple Idaho. o
, the secured basis of SO to 53 cents
i. 10000 pounds Montana half-bloo
staple at 20 cents: 10000 pound
Idaho fine at 15 1-2 cents; heavy lot
of quarter bloods at 10 cents for Mon
tana and Soda Springs, with Idah
clips at IS 1-2 cents.
: Milton Fruit Shipments-During tn
season just ending the Milton Fruit
, growers Union shipped 3s varieties c
fruit and vegetables. totaling 1S
cars. according to a statement mad
by Manager A. c. Denny.
According to the statement, tn
union shipped 2S.62O boxes of apple
: The financial statement Of the unio
d is now being compiled by Manage
D Denny and will be made public in tn
e near future. The statement of shiI
: ments for the 1913 season follows:
d Strawberries. ssS7 crates; cherrie
754s crates: Royal AIMS, 162.57S lbs
( blackberries, 722 crates; dewberrie
$50 crates; logan berries, 81 crate
: red raspberries. 2S4 crates; blac
raspberries. 2S2 crates; gooseberrie
IL crates: peaches. 57.675 boxes: p,
tatoes. $50 sacks: pears, 4195 boxe
Y potatoes, $50 sacks; pears. 4195 bo,
n es: apples. 26.620 boxes; prunes. SO
n 152 crates. tomatoes. 5S13 boxes: cal
5, taloupes, sos crates: cucumbers, 4:
70 boxes; cucumbers, ripe, 1889 boxe
y crabs, 1872 boxes: peas. 2o,4S0 pound
y beans, 46,2S7 pounds; sduashs,
a, crates: cabbage, 1323S pounds; cor
s. e2S dozen; onions 26.126 pounds; ca
II rots. 5s4S pounds; spinach, so boxe
70 lettuce, 80 boxes; radishes. 43 boxe
u. asparagus. 730 boxes: beets. 25 1
n boxes; beets, sack; rhubarb.
= boxes; parsley, boxes; peppers,
lr boxes: parsnips, II sacks; turnips.
sacks.
r. Must Swear 10 Land Values-Tf
~ spring when the assessment is TAX
in this county farmers will be co
IS fronted with slightly different pro
osition from what they have encou