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Show ESCALANTE PROPERTY VALUES RISE (continued seller had bought for $500, having paid but $350 for it. A piece of business property which had cost the owner a-round $30,000 was sold three years ago for $110,000. A home purchased twenty-five years ago for $4,000 was sold last summer for $10,000. Asked whether the same increase in price was shown in farm land, Mr. Christenscn said that it was. in irrigated land, especially where the location of the farm land made it desirable for subdividing into building lots. He told of a piece of canyon ranch property valued 28 years ago at $2500 for which the owner last week refused an offer of $30,000. Discussing the cause of the upswing in prices, the president of the Chamber of Commerce agreed that the flowing oil wells in Upper Valley, the prospect of development of coal deposits in the Kaiparo-wit region, and the promise of road building eastward all had their effect. But the chief element in the situation is the growing discontent with the crowded conditions, smog, and blfb taxes in southern California, conditions which prompt people at or Hearing the re tirement age to sek r.-lief. This newest refugee from California is Harry Suttev. who has no family except his son, a building contractor, who will visit him often Mr. Sul ley expects to rebuild the house and improvo the grounds |