The Globe-republican., 1891-12-31
THURSDAY. DEC. 81. 1891.
BUSINESS REVIEW.


In giving a special edition to theii
readers it is usual with country week.-Mrs.
10 give the list of dealers in the burg
with a few lines of fulsOme f1attery fol-
each. Such review is neither conven-
lent nor appropriate city OF any
commercial importance. hence IN our
Christmas issue we chose to let our PAID
advertisers be the mirror of orr city
nrosperify. Weara now entering new
wear. The whole United States is begin
ing to enjoy an era of prosperity I'M
known to any other nation Oa earth al
this time 1t is on Il substantial fOlin-
datiou. The volume Of currency is rap
idly increasing. ii is good sound money,
too. and is beginning to find its way
among the common people. All con-
ditions are favorable for a long contln-
ued era Of prosperity and COED times
for the masses. Western Kansas begins
to feel the intoxicating energy of re-
newed life. In Dodge City our dry
goods houses report marked improve
ment over last wear. Furniture dealers
also claim much better sales. Hardware
and lumber trade is looking up. Some
grocery houses report falling off slightly
i'm sales. owing in great measure to the
fact that heretofore they have shipped
in most of the vegetables and country
produce for this market, while the past
wear farmers raised ample supplies and
are furnishing them to consumers from
their wagons. thus keeping the money
in the county. One of the marked TEA
real estate This time last year there
were very few inquiries for city proper
tv at any price. Now there is quite
brisk movement and sales are frequent.
Prices are Yet low but gradually assum-
ing greater strength Several pieces
have recently changed hands second
prices. We have for some time boon
predicting the beginning of new move
ment of this kind, and now it has come
and we will risk our reputation as
prophet on the statement that ia less
than eigteen months from this date
Dodge City real estate will sell readily
for prices far above those of the former
movement when at its highest tide.
Farming has been immensely profit
able in this region the past season. Ev-
cry kind of seed planted brought returns
eXtravagantly out of proportion to the
valuation of the land upon which it grew.
Most field crops ranged between ten and
thirty five dollars per acre. cash returns,
clear OF all expenses. Garden vegetables
and fruits largely exceeded this estimate.
These remarkable profits are beginning
to have an effect on sales of farm lands.
though the prices are still ridiculously |
low. The idea that land which can be
bought for from five to eight dollars an
acre will bring such returns. must seem
prepoSterous to eastern farmers who are |
content to plod along with eight or ten
per cent. on valuation of land in excess
of cost of seed and labor. THIS state of
affairs cannot long continue, however,
as water always seeks its level. The sell |
ing prices of this class of property will
soon range more in accordance with the
earning power. Thrifty farmers from
other less favored regions are already |
beginning to come in and buy land pre-
paratory to establishing permanent
homes and bringing their families. In
fact there is every promise of substan-
tial. prosperous growth during 90 for
both city aud country.