Wichita eagle., 1889-03-10
A STRONGER FEELING.
Investors Find What they Want in Wichita
Real Estate.

During the week just passed the real
estate market in Wichita has taken on
evidences of much brighter and more
active spirit than since the days Of the
greatest real estate excitement. There
have been more all-cash sales and more
cash offers of property than in CORES
ponding period for nearly two years and
the indications altogether are that
the demand for property in
Wichita is on the increase.
This state Of affairs is Susceptible of sew
eral explanations One is that during the
past two years SO many people have visited
Wichita and learned that the derogatory
stories set afioat concerning her were ma
liciously false. that there is now compare
lively no credence given such stories,
which is as it should be. On the contrary
stranger after stranger has come here ex-
pecting to find wofully afflicted city,fn a
commercial sense with utterly no life or
ambition, and hundreds and even thou
sands of empty business houses and resi-
dences. but, instead, he has found the
truth to be as Numerically opposite his
expectation as it is possible for facts to
make it. These strangers have not only
satisfied themselves of Wichita's present
and future flattering prospects, but have
disseminated that truth among their &C
quaintapces.
The result Of this has been that today
there are more people coming to Wichita
and locating here permanently than at
any previous time in the past two years,
and this, together with the opening of Ok
lahoIna. is today attracting many whole
cpl Sfoh 1ich 70 10 ha rio
lis of the southwest, who is already pro-
vided with the necessary railroad facilities
to handle the new territory being opened
up before her. The same causes that
bring people and business enterprises also
bring investors, who do not come here an
ticipating real estate excitement Of a wild
and unstable character, but simply an OPP
portunity to buy property at bed rock
prices, such as will insure them a safe in
vestment and excellent returns on the
money so placed. This latter condition is
just what they find, and as result the in
weston and not the wild speculator is the
party who is resting his eye upon Wichita
and Wichita investments.
One Of the most recent instances of this
sort is that of Mr.. Geo. B. Crane, of Ed
wardsville, Illinois Mr. Crane is the pro-
prietor of the largest aud most successful
retail mercantile business in Southern Hi
nois, and one whose investments are of
varied and VIGOROUSLY successful charac-
ter Two years ago, in January and Feb
ruary, 1887, during the big BOOM" as it
was called, Mr.. Crane came to Wichita
and, convinced Of her brilliant future,
bought several thousand dollars worth of
property, for which he received several
very flattering offers, but declined to sell,
saying he could hold it and let it increase
in value as the city grew. A short while
ago gentleman who was DESTROYS of SELL
ing some property in order to make a de-
sired turn, wrote to Mr.. Crane offering to
sell out his undivided interest in some
twenty or more residence and business lots
Gin which these two gentlemen were part
ners). 1t was agreed, by correspondence,
that Mr.. G. should visit Wichita and if he
was satisfied with her future he would buy
the other partner out.
After an investigation of the city Mr.
Crane perfected the purchase and then for
his own entertainment spent couple of
days in visiting various institutions and |
points of interest about the city. There |
are other instances of similar purport, |
which are giving assurances of a much |
stronger feeling in real estate.