The Tucumcari news and Tucumcari times. [volume] (Tucumcari, N.M.) 1907-1921, 1918-02-07
TWO DOLLAR WHEAT
This Price Will Hold For Some
Years.

A well advised commercial authority
gives IL AS his opinion, AS q slow,
descent may be counted on In the
prices for grain when the war ends
II may take several years 10 restore
the worlds stock OF foodstuffs to nor
mal-there Is good ground for CONF
dence In the outlook for rapid dsvel-
opment In agriculture"
If this be correct. Il follows that
the profession OF farming will mute
rally Increase It's ranks In the next
few years.
Today. the price OF wheat Is set by
the United States government at S2.2O
per bushcl, and IN Cunnda the price
has been set AZ S22l. This, of course.
Is less freight and handling charges
which brings the average to the farm
ers ut about $500 per bushel. This
price will pny 50 long as land, mate
rial md labor Cun be- secured ut rea-
sonable prices. II remains for the
would-be producer 10 ascertain whers
he can secure these ut prices that will
make the production OF grain profit.
able. He will estimate what price he
cur afford 20 pay for land that will give
him II yield Of wheat which when sold
at $500 per bushel, will return him a
FUR profit. Local and social cOndi-
tons viii also enter into the cOnsidera-
ton. Finding what he wants he would
be wise TO make his purchase now.
Innd prices In same portions OF the
country are low, certainly as low as
they will ever be. city property and
town property will n%uctuate, but firm
property will hold It's own. The price
" grain Is us low Ia It will be for
ON years. Therefore 1t would be
well to look about. and find what a
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. II 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 well repaid. Not
6nly will his land certainly Increase IN
value-the uncnrncd increment would
be nm asset-while under cultivation he
can find nothing that will give better
results. He will Mt the same time be
performing a patriotic act, n needful
act, one that would meet with the food
controllers plea to increase agricul.
tural production md assist In reducing
the deficit OF - million bushels Of
wheat reported by the controller.
In addition 10 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 o 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 on
crete cases could be cited. which go
TO prove that ut fifty and sixty dollars
per acre-fgures that have recently
beer 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 Il young Eng
lishman. unaccustomcd to farming be-
fore he took his seat on the sulky
pillow with which he does most Of his
work. after allowing himself 81 900 for
his own wages last year, made a profit
OF 5000 on n $4,000 investment. His
total sales amounted to $3.50 and his
expense, which included the $1,000
wages for himself, was $500. The
Interest was III per cent.
To the man who does not care to
buy or who has not the means to pur>
chase, but possesses wealth In his W
hardihood, his muscle, and determine
ton. there ure the thousands OF free
homcstcads Of which he may nave the
pick on paying IN entry fee OF ten
dollars. These nre high class lands
and adapted 70 all kinds Of farming.
Send to your nearest Canadian Gov
eminent Agent for literature, descrip
tive OF the splendid opportunities that
are stu open In Western Canada. Adv