Show CI City tY People With Money Inflate Land Farm-Land Market I The agriculture department re reports reports reports re- re ports that city folks with money money- and worries about possible further shrinkage in its buying power power are are helping to inflate the land farm-land market Many buyers are businessmen and investors who are seeking good farms as an investment hedge against inflation As a result farm prices increased on a national average average average aver aver- age basis 3 per cent between July and November of last year They now are 5 per cent above the record record record rec rec- ord set in March 1920 The department said land values advanced in all states The east north central states showed the largest average gain for any region 6 6 per cent cent but but the west north central west south central and pacific regions were up 5 per cent Average prices are higher than thana a year ago in all but three states Florida showed the largest gain gain gain- 19 per cent largely cent largely because of ot fa favorable favorable favorable fa- fa returns from citrus fruits and pasture lands |