| Show FARM VALUES VALVES DECREASE 25 PER CENT IN FIVE YEARS ft Shrinkage From to Reported After Agricultural Census A Washington Washington A shrinkage In the value of American farms and farm buildings from COa In H 1920 20 to In 1923 1025 10 was estl- estl estimated esti estimated mated matel In the Department of ot Com Com- Commerce Commerce merce In u a preliminary report on the latest lotest agricultural census The lLe do- do de decrease cren crease e amounts to a II Ittle more than 2 25 per rent cent Farm acreage In the same period declined from to acres and the departments department's divi division d sion on of ot land economics calculated the decline In the average acre value of land and buildings at nt 22 2 per cent and for end alone at per cent The value of ot farm tarm buildings It e explained I increased 6 per cent I IThe The 5 figures compared with I those C tot 01 or 1910 1010 indicated an on lacrosse e of ot 35 3 per cent In the average farm lalue but considering the drop In the purchasing power of ot the dollar during durin that Interval the economists concluded concluded concluded ed there was actually a net decline of at 10 to 12 per cent during that period Tho Time decline during the last five years ears was not general the depart depart- department's meats ments experts found the shrinkage In values having hu been greatest In the ran range e country the wheat and corn belts belts and ond the eastern eastern cotton states while a slight Increase was recorded In New England and the time Middle lIddle At- At Atlantic Atlantic At Atlantic lantic states In lu the Mountain states time the decline amounted to 41 per cent In Iowa 3 34 I per pel cent und and In Georgia 40 per cent Time The Increase In New England was C G per cent and In the Middle Atlantic states 1 per cent Pa Pa- Pacific Pacific dOc coast values remained constant Collapse of ot the war laud land boom with witha a full of ot corn and hog bOi prices account account- ed largely ely for the decline In Iowa the experts reported while th the decrease In Georgia was due chiefly to the boll boll- weevil boll weevil and the exodus of ot negro work work- workers workers ers era In the range country and moun moun- mountain mountain tain tale states they said drought and the collapse of ot wheat prices were the lead lead- leadIng leading leading ing causes The Increase In farm values In the Northwestern states was attributed to toa toa toa otI a great extent to the development ot of I tte dairy Industry the favorable position position tion respecting markets and an In Increased creased demand for fr farm tarm land for recreational purposes |
