The Denison review. [volume] (Denison, Iowa) 1867-current, 1920-05-12
THE FARM NEWS
SPECIAL PAGE DEVOTED TO THE FARMING
INTERESTS OF CRAWFORD COUNTY

WILL LAND PRICES GET A
SETBACK?
There are those who predict a fallin
/ on In land prices in the near future
and claim that it will be hard to max
q settlements for land purchased on cor
tracts. The following taken from tn
Traer STAR Clipper may be Of interes
To those making such predictions:
81. The Taylor Parker real estate firm o
TraAr made more than 100 deals las
year. They sold some farms from twt
to FOUR times, at an increase of 500 al
Z acre In some cases. Other real estate
Z Arms in this part of Iowa also brok'
all records. Iowa never experienced
such land boom. AS usual we hal
the pessimists with us. They predict
ed that many deals would never be
closed March 1st, that a good per CEN
OF the purchasers would lose the $1,000
or $4,000 binding payment made. March
LIST is long past and as usual the
doubtful Thomas" crowd were mistals
en-. More than a hundred deals. in
volving millions, were closed almost
without a hitch The pessimists also
& knew that the boom would burst and
that land could be purchased this year
cheaper than it sold last season. Again
they are mistaken. Land prices con
tinue upward. Last year the big move
lnent started in northwest Iowa. This
spring It has again opened lrp there
and almost fabulous reports come from
y Sioux, O'Brien and other counties. Here
dFe a few clippings from the Sheldon
4 Sun and other papers in that vicinity:
Fred Lamkin was a Sun caller Mon
\ day. He reports the sale of his so acre
farm, east Of Hospers in Baker town
ship, to Cornelius Struyk Of near Shell
\ don for $500 an acre, or $4,000. Mr..
Lamkin's father bought a big tract back
! In the seventies of which this farm was
part for $1,000 quarter or $500 for
an eighty. He bought the entire eighty
I for the price that one acre now sold
&c. Van Derberg has sold his 40 acre
tract of land near Sioux Center, for
$S12.50 per acre. Not SO bad for a 40
acre tract. n
John Westra bought the Brooks
eighty, two miles northwest of San
born, last week for $575 per acre, ag-
kregating $4,000. The party selling to
Mr.. Westra formerly resided near Hull,
who in turn purchased an eighty near
Hull for 5000 an acre.
Bert Pekelder sold what is known
as the Hentges farm, three miles south
and one and a half miles west of Shell
don. 10 Tony Swetz of Orange City, con-
sideratiOn $405 per acre. Mr.. Pekelder
bought this farm only two, weeks ago
for 1916 per acre with the intention of
making it his home in the near future.
However. the opportunity to clean up
nearly $4,000 on the deal was too good
20 resist and deal was made. The
farm consists of 160 acres.
1877 acres near Paullina, to party near
Remsen for an even $400 per acre. Ell
1ioft bought the place two years ago for
1920 per acre. He makes a profit of
$26 900 i'm his two years of ownership.
In addition he will have the crops from
the place, not having to give possession
until March LIST Of next year.
John Rensink, of Boyden, sold the
Jim Smith quarter, northeast of Hos.
pers, to d. zwagerman for $500 an acre
or $50 900. Some deal.
John Rensink. of near Boyden, who
bought the d. w. DeGrootenhuis farm
for 5000 an acre, sold it not long after
wards for $700 an acre to G. DeValois,
of sBoyden. Some profit, eh?
"Sanborn Pioneer: The price Of
O'Brien county land is getting higher
was the top. in the vicinity of Sanborn,
though one Or two pieces were reported
near $500. That seems to be about the
bottom price this year and sales have
been reported as high as 1915. We UNI
derstand that during the past week own
sers OF tracts lying on the proposed
paved road between sanborn and Shell
don have refused offers of 5000 and
$3.50 per acre for them.
We do not believe the land in north
west Iowa is any better than 1t is in
north Tama. Grundy, south Black Hawk
and west Benton. It seems to bring
more on the market, but we do not be-
lieve it will grow any more corn or
grass. Much more surfacing OF roads
has been done up there, many more
consolidated schools have been estab-
lished. These things may have some
thing to do with it. But Tama county
land has not reached the top-far from
1t. Prices will advance this year and
many farms will be sold before January
list. For thirty years we have heard
the old song that land will be cheaper
soon. That day has never come and il
viii not come within the lives of the
present generation.
A N --IF1-
Many farmers in the vicinity of Kiron
took occasion on Thursday last to haul
grain to KirOn, and during the after
noon Kept Vim. Lindberg on the jump
weighing their grain and writing checks
for the same. He was paying $l.66 for
corn and a dollar for oats VIM. thought
to take advantage OF tue DuSy season
among farmers and install a new dump
in his elevator and had workmen al
the Job Thursday. but the colder wealth
er OF that day started the farmers haul
mig instead OF: planting and for q time
WIN. was swamped, and the carpenters
worked outside. Henry Schultz, who
lives west of KirOn, was one of the
farmers to haul grain, and he unloaded
oats. He is working 24O acres Of land
in section 2, Otter Creek township, and
is getting along fine. He is just start.
ing in the white face cattle game, and
for his founda ton has some very good
stock. He also raises Duroc hogs, and
at this time has some twenty-five brood
COWS. Henry is an up to date farmer;
and a credit to his township. He Is al
10 reader OF the Review.
III
Secretary Cunningham of the Iowa
Farm Bureau. spent a couple of days
in Indianapolis recently. attending G
meeting Of the state secretaries Of thtt
central region group Of states affiliated
with the American Farm Bureau Fed
Grafton. This central region group in
cludes the states north Of Arkansas
west Of Pennsylvania and east of the
1O5 meridian-f you know where that