Jasper County Democrat, Volume 22, Number 90, Rensselaer, Jasper County, 7 February 1920 — BIG PRICES FOR TIMBER LAND [ARTICLE]

BIG PRICES FOR TIMBER LAND

Paid In Southern Michigan by a South Bend Concern. in a letter received by The Democrat a few days ago from John Cloiflse of Buchanan, Mich., among other things Mr. Clouse says: “Have had steady cold winter weather since Nov. 25, no thawing weather, snow about 15 Inches deep, good sledding all winter. There has been a large number of logs hauled and shipped, also lots taken to the local sawmills. Sand-ers-Egbert Co. of South Bend are buying up all the farms that are for sale that have' a reasonable amount of timber on them. They recently paid $950 per acre for an 80-acre tract. This is the highest prioe ever paid in this vicinity for land. Some tracts sold at SBOO per acre about a year ago. The Moccasin Grange is making plans to build a $65,000 elevator at Buchanan, which wiLL be open to the ipublic as well as members. There are several Jasper county men members of this grange.”