The Waco evening news. [volume] (Waco, Tex.) 1891-1894, 1892-02-04
MR.. JOE ELLISON TALKS
Encouragingly About Real Estate,
Finanees--TheF Future Out
look for Waco.

A NEWS reporter approached Mr..
Joe Ellison, one of Waco's foresighted
and wideawake real estate dealers,
this morning, and made inquiry about
the present condition of the market
and the outlook for the future pros
peIity of the city, and this is what
he said: Since the first of January
the real estate sales have constantly
increased in number, and prices obtain.
ed show a dlcided upward tendency.
[ might say, indeed, that throug hout
the past summer, even while money
matters were tight, the condition of
the real estate market has not been
half SO dull as pictured by some of
the GROWERS ana winners. | am sor-
~ TO say, sir, thet Waco has few of
these GROWERS who think there should
be a boom, and unless they are doing
rushing business every day in the
year become discouraged and begin to
shake their heads and complain of
hard times. have no patience with
such iellows-they are detriment to
any community, au iby their whining
cause much of the depression Of which
they complain.
The outlook today is very bright
and my prediction is that we are now
ON the verge of unprecedented pros.
perity. Don't understand me to say
we are going to have boom, for we
don't want any, but we do want a
steady, healthy growth and we are
having 1t. Boomers have sung the
funeral song for Fort Worth, Dallas
and San Antonio, and while they
have not quite buried them, it will
take those cities long time to re-.
cover.
You would be surprised if | were
to tell you that there is no vacant
resident property for rent in Waco,
and that every foot of farm land in
McLennan county is tenanted, but
such, nevertheless, is the fact. l am
having more cash offers for Waco
dirt now than ever before, and every
dollar thus invested is well spent. 1t
gives me pleasure to be able to con-
soientiously vouch for the investments
of my customers | am proud of
Waco and have strong faith in her
future prosperity.
"What is your idea of the financial
outlook?
Money is not near Sc
scarce here as it was month
ago and is daily becoming more
plentiful, Only yesterday large sum
was received from the east, by a GER
tain firm, to be invested, at ten pei
cent. in vendors lien notes, with more
TO follow. | think the fnc ncial out.
look very bright. | tell you, there is
no necessity for the grumbling lndulg-
ed in by some people, and yOs won't
hear much more of it. A short time
will reveal tail yet untold, and Waco
will take her place at the hC I'D of the
list of Texas cities and outstrip them
all in population, health, wealt hand,
in fact, everything that goes to make
up great city. l firmly believe she
will be the Chicago of the Southwest
The natural resources here are bet
ter than those of any city in Texas
and the heretofore. latent energy OF
her citizens is now thoroughly arous-
ed. The possibilities of the near flu.
ture are simply inestimable could
90 on and enumerate ad infnjtum the
reasons for the faith / have in the
future prosperity of Waco, but this
would take up too much of my time
Just say for me through THE News
for the benefit of the GROWERS, that
with her natural resources, capital
and enterpri9ing citizenship, taken in
connection with the momentum al