Show AN ACRE ACKE IS WORTH WHAT IT EARNS editorial from colliers his host at hutchinson kansas told the late president harding that wheat raisin raisins ig cost him 3 5 per acre tor for interest that meant he valued hi his s land at 80 to per acre one trouble not mentioned Is that he competed with wheat grown on canadian land that can be bought tor for ten to thirty dollars per acre an agricultural college study of 0 production costs in calhoun county bounly iowa shows the land of atypical farm not including buildings and tools as valued at per acre state of iowa tax exempt bonds bonds are advertised on sale to yield 44 per cent per year that means that will buy an annual bond income of 2112 or it will buy acres of land it if he Is to come out even the man who buys a acre farm arm must clear 2112 per year as interest on his investment before he has a cent tor for his labor or hig bis profit but the bond buyer can live where he likes and have his time to use huseas as he sees tit fit in the last ten years certain california vineyards have ranged in value from to 2500 per acree acre down up and back again nebraska nebrask land sales this summer ran 25 to 50 60 per cent below the high point ot of three and tour four years ago these tings occur also in city industries and keep stock block sharps on the jump in the 1 long run a business is w orth pretty much according to what it earns our country has more land than it has haa people who will stick to it how can high value land ratings be kept up except where the management la Is able to earn a continuing return how it Is with invested capital 0 |