The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1891-05-31
THE PRINCESS STILL PEERLESS.
Nichfta's Renewing Prosperity Gratifying
Her Friends and Astonishing
Her Enemies


Her Enemies.
Nobody denies that Wichita is the Invest
city in the west, and comparatively speak
| ing, Kansas City nor Omaha nor Denver
| excepted. This city has been touched less
sensibly by the catastrophe of depression
which has for two years carried prostra
ton to all the more important trade cen
tiers of the west, and which depression
spared neither realty values nor any
branch of trade. The cause Of the trouble
being fundamental, coming not only of a
logical reaction from boom period, but
| also directly from financial stress which
had also proved disastrous to the product
i've industries of the country, many cities
and towns may be, and undoubtedly will
be, years recovering. But Wichita, while
suffering, never got down. In her whole
sailing and retailing, in her manufactures
and in her packing aud live stock and
grain trades Wichita held her own
Real estate prices alone suf-
fered disaster in Wichita. II
manner. But with all lines of her Iegiti-
mate trade growing, the decreasing pro
cess of the realty market has not only been
naturally and logically checked, but there
is decided and growing movement in
sales and prices. The bright operators
who found such a profitable field of opera
tons in going down and buying up mort
cages at a discount have lost their rich
field; their occupation is gone. That many
of them by buying out a badly scared
mortgagor at fifty or seventy-fve cents on
the dollar are selling to home men, who
know values, at not only the face of the
mortgage, but at premiums of from five to
twenty-five per cent, made money, is not
disputed; but, eastern owners and eastern
holders of mortgages have learned that
Wichita, of all the cities of the west, is
not only the most prosperous, but by far
the most promising; that farms in the
vicinity of Wichita are selling
at ante-boom prices, and that
spectators are yainly endeavoring to
longer buy realty in Wichita at figures
which were quite frequent but few
months since. Everywhere throughout the
west the query and suggestion is heard
wichita is going ahead again, aud why
is not Kansas City or Denver or Dallas, or
OmahaY The reason is Whichita's field
of Operations was not only undeveloped,
I'M
second TO the fields of neither of the other
places, is being added an additional and
new one, Oklahoma, which in turn is
being enlarged, and whose trade in the
near future, in and of itself will sustain a
city five times as great as Wichita, to say
nothing OF the increase and growth of the
great valleys in the midst of which is this
city.
Wichita realty is real, as is her business
and as is prosperity and all that pertains
to the present and future of the city. Real
estate is in demand and advancing, not only,
but it has not commenced to advance
commensurately with he solid prospects
and sure future. Fortunes will be realized
in the expanding values of her realty such
as were never dreamed of in her bright
early existence. The fact OF the late
acquisitions made of property here by
capitalists and by individual members OF
great corporations constitute but hint of
what the more capable and forseeing know
is coming. There is not a single solitary
discouraging indication, but on the other
hand every element and every circum-
stance connected with either this present
are all that could be desired.