Vilas County news. [volume] (Eagle River, Vilas County, Wis.) 1896-1927, 1918-01-23
TWO DOLLAR WHEAT
This Price Will Hold For Soms
Years.

- 9" A' opAhioH, DIS slow
descent may be counted on in III.
prices for grain when the war ends
it may take several years to restor.
the worlds stock of foodstuffs 70 nor
mal-there is good ground for conf.
dence in the outlook for rapid deyeI.
opment in agriculture"
If this be correct, it follows that
the profession of farming will mate
rally increase its ranks in the neyt
few years.
Today, the price of wheat is set nv
the United States government at 50 %
per buShel, and in Canada the prics
has been set at $221. This, of conrSs
Is less freight and handling charges
which brings thesaverage to the farm
ers at about $500 per bushel. This
price win pay SO long as land, mate.
rial and labor can be secured at res.
sonable prices. 1t remains for the
would-be producer to ascertain where
he can secure these at prices that will
make the production of grain profit.
able. He will estimate what price he
can afford to pay for land that will give
him yield of wheat which when sold
at $500 per bushel, will return him
fair profit. Local and social condl-
tons will also enter into the considers
ton. Finding what he wants he would
be wise to make his purchase now.
Land prices in some portions of the
country are low, certainly as low as
they will ever be. City property and
town property will fluctuate, but farm
property will hold it's own. The price
of grain is as low as it will be for
some years. Therefore it would be
well to look about, and find what can
be done.
There are doubtless many opportu-
mites in the United States, especially
in the Western States, to purchase
good agricultural lands, that will pro-
duce well, at reasonable prices. If the
would-be buyer has the time to inves-
tigate, and that is needed, for these
lands do not exist in any considerable
area, he would be we'll repaid. Not
only will his land certainly increase in
value-the unearned increment would
be an asset-while under cultivation he
can find nothing that will give better
results. He will at the same time be
performing a patriotic act, needful
act, one that would meet with the food
tural production and assist in reducing
the deficit of 70 million bushels of
wheat reported by the controller.
In addition to the vacant lands in
the United States which should be
brought under cultivation, Western
Canada offers today the greatest area
of just the land that is required, and
at low prices-prices that cannot last
long. Even now land prices are in
creasing, as their value is daily becOm-
ing more apparent, and their location
desirable.
AS to the intrinsic value of land in
Western Canada, hundreds of concrete
cases could be cited, which go to
prove that at fifty and sixty dollars
per acre-fgures that have recently
been paid for improved farms - the
crops grown on them gave a profit of
from twenty to thirty per cent and
even higher, on such an investment.
One instance, is that of a young Eng
lishman, unaccustomed to farming be-
fore he took his seat on the Sulky
pillow with which ne does most Of his
work, after allowing himself $1,000 for
his own wages last year, made profit
of $4,000 on a $4,000 investment. His
total sales amounted to ZOO and his
expense, which included the $l,OOO
wages for himself, was $1,000. The
interest was liz per cent.
To the man who does not care to
buy or who has not the means 10 pur-
chase, but possesses wealth in his own
hardihood, his muscle, and determine
ton, there are the thousands of free
homesteads of which he may have the
pick on paying an entry fee Of ten
dollars. These are high class LANDS
and adapted to all kinds of farming
Send to your nearest Canadian Gov
eminent Agent for literature, descrlp-
tive of the splendid opportunities that
are still open in Western Canada AG''