The circle banner. [volume] (Circle, Mont.) 1914-1939, 1918-01-25
TWO DOLLAR WHEAT
This Price Will Hold For Some
Years.

A well advised commercial authority
gives 1t as his opinion, "as slow
descent may be counted on In the
prices for grain when the war ends
1t may take several years to restore
the worlds stock of foodstuffs to nor
mal-there is good ground for conf
dence in the outlook for rapid devel-
opment in agriculture"
III this be correct, 1t follows that
the profession of farming will mate
rally increase its ranks In the next
few years.
Today, the price of wheat is set by
the United States government at 1920
| per bushel, and in Canada the price
has been SET ut 1921. This, of course,
Is less freight and handling charges
which brings the average to the farm
ers at about $500 per bushel. This
price will pay so long as land, mate
rial and labor can be secured at rea-
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 a
fair profit. Local and social condi-
tions will also enter into the considera-
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 fiuctuate, but farm
property will hold its own. The price
of grain is as low as 1t 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 inyes-
tigate, and that is needed, for these
lands do not exist in any considerable
area, he would be well 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 he
performing a patriotic act needful
ac-. one that would meet with the food
plea to increase agricul-
fural production and assist in reducing
the deficit of rs million bushels of
wheat reported by the controller
In addition to the vacant lands in
he United States which should be
brought under cultivation, Western
Canada offers today the greatest area
If just the land that is required, and
It low prices-prices that cannot last
Ong. Even now land prices are in
'reasing, as their value is daily becom-
ng more apparent, and their location
desirable.
AS to the intrinsic value of land
n Western Canada hundreds of con-
rete cases could be cited. which go
o prove that at fifty and sixty dollars
er acre-fgures that have recently
cen paid for improved farmsAthe
rops grown on them gave a profit Nof
rom twenty to thirty per cent and
ven VII Sutll uu investment.
Inc instance, is that of a young Eng
shman, unaccustomed to farming be-
pre- he took his seat on the sulky
low with which he does most Of his
Ork, after allowing himself $1,000 for
is own wages last year, made a profit
$1,000 on a $4,000 investment. His
,tal sales amounted TO $500 and his
ypense, which included the $1,000
ages for himself, was $500. The
terest was III per cent.
To the man who does not care to
~ or who has not the means to pur-
lase, but possesses wealth in his own
lrdihood, his muscle, and determina-
on, there are the thousands of free
,mesteads of which he may have the
ok on paying an entry fee of ten
liars. These are high class lands
ID adapted to all kinds of farming.
md to your nearest Canadian Gov
nment Agent for literature, descrip-
re of the splendid opportunities that
e still open in Western Canada. ADV.
Deserved IT,