Carrizozo outlook. [volume] (Carrizozo, N.M.) 1910-1945, 1918-01-25
TWO DOLLAR WHEAT
This Price viii Hold For Some
Years.

A well advised commercial authority
gives II as his opinion. "as a slow,
descent may be counted ON In the
prices for grain when the war ends-
II may take several years TO restore
the worlds stock OF foodstuffs to nor
mal-there IL good ground for conf
dence in the outlook for rapid devel-
opment In agriculture"
II this be correct. II follows that
the profession OF farming will mate
rally increase It's ranks In the next
few years.
Today. the price OF wheat Is set by
the United States government at $500
per bushel, and In Canada the price
has been set Mt s2.21. This, OF course,
IL less freight and handling charges
which brings the average to the farm
ers at about $500 per bushel. This
price will pay 80 long as land, mate
rial and labor can be secured nc rea-
sonable prices. II 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 n yield of wheat which when sold
at $500 per bushel. will return him a
fair profit. Local and social condl-
lions will also enter into the consldera-
tlon. Finding what he wants he would
be wise TO make his purchase now.
Land prices In same portions OF the
country are low, certainly aS low as
they will ever be. City property and
town property will nuctuate, but farm
property will hold It's own. The price
Of grain Is as low as II will be for
some years. Therefore II would be
well 10 look about, and find what can
be done.
There nre doubtless many opportu-
mites in tho United States, especially
IN the Western States, TO purchase
good agricultural lands, TINT will pro-
duce well. at reasonable prices. If the
would-be buyer ~ the time to lnves.
tigate, and that IN needed, for these
lands do not exist In any considerable
urea, he would be well repaid. Not
only will his land certainly increase In
value-the unearned Increment would
be nm nsset-whlle under cultivation he
cnn find nothing TINT will give better
results. He will at the same time be
performing a patriotic act, n needful
act, one that would meet with the food
controllers plea 10 Increase agricul-
turnl production and nsslst In reducing
the deficit of 10 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
Cnnndn offers today the. greatest area
Of Just the land TINT IL required, and
at low prlces-prlces TINT cannot last
long. Even now land prices are in
crensing, Us their value Is daily becom-
Ing more apparent, and their location
desirable.
As to the intrinsic value OF land
In Western Canada, hundreds OF con.
crete cases could be cited, which go
to prove that ut fifty and sixty dollars
per ncre-hgures that have recently
been paid for improved fnrms-the
crops grown on them gave n profit OF
from twenty to thirty per cent and
even higher, on such an investment.
bHt llNlNutft II Unit VI u ybullk rug
llshmnn, unaccustomed TO farming be-
fore he took his seat On the sulky
pillow with which he does most OF his
work, after allowing himself $1,000 for
his WI wages last year, made n profit
OF $1,000 on n 100000 investment. His
/, total sales amounted to $1,000 and his
expense, which included the $1,000
wages for himself, was $500. The
interest was 11h per cent.
To the n who does not cnre 10
buy or who has not the means TO pur'
! chase, but possesses wealth In his OWL
hnrdihood, his muscle, and determlnn'
ton, there are the thousands OF free
; homesteads OF which he may have the
: pick on paying nm entry fee Of ter
: dollars. These nre high class lands
and adapted to all kinds OF farming
Send TO your nearest Canadian Gov
+ eminent Agent for literature, descrip
tive OF the splendid opportunities tina
: are still open In Western Canada. Adv
y Unnerved.