Richmond daily register. (Richmond, Madison County, Ky.) 1917-1978, 1920-03-23
FARM Land VALUES
INCREASE Il per CENT

Farm land values in Kentucky as a
whole have increased approximately
IL per cent in the last year, accord
ing to the March agricultural report
issued here by the Kentucky office of
the United States Bureau of Crop Es-
Inmates. In the same time farm land
values in the United States as whole
have increased approximately 20 per
cent.
The increase in Kentucky has been
greatest in the tobacco producing
sections, amounting in many instances
the richest Blue Grass counties, and
to wild speculation and initiation III
to very great increases in the richer
sections of Western Kentucky.
Good pillow lands and improved
farms in both Kentucky and the entire
United States show not only greater
increase in value in dollars per acre
than does poor pillow land or unim-
proved farm land, but also show
greater percentages of increase in
value per acre.
Since March 1, 1919, good pillow
land in Kentucky, considering all parts
of the State together, has increased
from an average price of $4,000 tc
$4,000 at present; poor pillow land
from $1,000 to $4,000 average of all
pillow land from $500 to $500;
and the average of all unimproyed
farm land from $1,000 to $1,000 an
acre. The comparatively small in
crease shown in value Of unimproved
and poor lards gives by comparison a
partial though inadquate idea of the
extent to which the boom has been
pushed in the richer sections.
During the same time average land
values for the United States as ?
whole have increased as follow; good
| pillow land increased from an average
of S91.83 to $113.34; poor pillow land
from $51.26 to $6076; average price
of all plow land from $74.31 to
$9O.01; improved farm land from
$3.50 to 1921; and unimproved
farm land from $62.0S to $74.41.
Wages for farm labor have in
creased greatly in the last year, not
onlylin Kentucky but throughout the
United States, yet it is still difficult
to get satisfactory or adequate labor
n the farms.
Kentucky farmers this month re
port they have on hand;-36 per cent
IF last years corn crop, or 29,700,00C
bushels, compared to 81 per cent OF
the 1918 crop, or 33,67O,000 bushels
on hand March /, 1919; II per cent Of
last years wheat crop, of 1928, 00C
bushels, compared to 10 per cent, OF
l1,213,000 bushels on hand year age
from the 1918 crop; % percent OF
their last years oats crop, or 2.475.
900 bushels, compared to q per cent
or 2, $4,000 bushels on hand Marcl
1, 1919, compared to II per cent O
the larger 1918 crop, or 10000, tina
was on farms March 1, 1919.
In the United States as whole
farmers still hold 1902, 095, 900 bush
els of the 1919 corn crop compares
! . SIS, 2S9,00o bushels of the 191'
crop they held March /, 1919; Of tn
1919 wheat crop they still hold 1865,
| $4,000 bushels compared to, 128,
| 703,O 900 bushels of the 1918 crop the
still held March 1, 1919; of the 191
oats crop they hold :422,815,00
bushels compared to 590,251,0
bushels of the 1913 crop they hel
March /, 1919; and of the 1919 bal
ley crop they still hold only 5000
;, 900, bushels compared to 81,746,00
bushels of the 1913 crop they hel
March |, 1919.
H. F. Bryant,
II Field AUant.