The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-09-04
)SSIP FOR HOME PEOPLE,

| population L hat been below Leaven-
worth. It wen y anead Of her OF
course bargains Nsr= plentiful. year
ago investors began 70 snatch hem Up.
The Eagle. made not= " the Investments
Some Of the real estate ner objected
They said IT would make people toonshly
put the price Up on 1heir holdings and
make trading difficult People id begin
u hold onto cneir -'burdensone yea. es-
tate, began 20 pay taxes on forgotten
lots, began 70 hear .haC the adjoining
land had sold at an advance and 10 slip
their prices up Z aotoh. For the first
time IN several years you could hear them
say ihey could afford 20 ho.d ard meant
to hold
Still rents were easy; II some places in
the outskirts just enough 70 pay the and
lords taxes But me investments in
snaps" continued. II became a little
harder 70 ger a quit claim deed for
cigar. Along with tle paint or the houses
parking began IN front OF residences,
miles and miles Of sidewalks were built.
TIE city began q handsome park. Gar
fad was changed % the Friends Univer-
sjty. All the colleges announced il
creased attendance and prepared eIabor-
ate catalogues for the coming semester.
Up 70 last June the influx into Wichita
for a year had been gentle but unfsiIing.
No one had gore out. The town was
growing. The air Of prosperity had come
back In one year the bank deposits had
jumped from $500 900 TO 81, so, Controlled.
People were happy. Many men were
making money. Still there was no build
~
exception was the completion Of a build
ing on one OF the most prominent corners
in town which mad stood an eye-sore for
four years. It cheered Wichita's eye. The
town thought this completion was indI-
cative. Il was.
Last March the era Of paint was sue
ceeded by j familiar condition.
There was a smell Of fresh paint in the
air, the sound Of hammer and saw; the
cry Of mort. New residences were being
put in on me residence streets. The town
had filed Up TO its capacity.
In June d new era set in. while the i'm
pr0vement, the painting and building in
creased and must necessarily increase
every month. The new era brought a
rush OF strangers 70 the city. IN the last
two months it has increased until ii has
become a regular food. For the first time
IN ten years The town Is crowded today.
For six months the town has been full
Il IS OverfO wing today. The man who
held a house for a mere nominal rental IS
paying more or being fired out. The land
lord has innumerabIe inquiries. The real
estate and rental agencies, years the
place OF gloom and despair, are alive with
activity. trying in some cases in vain. TO
md houses for their customers.
Houses which rented in some instances
for $ within TWO months have jumped 10
SO; houses which rented at $50 have jump
ed TO $50 month. Renters are bidding
against each other.
To mee- this the residence building is in
creasing and will Increase.
And with it, TO the great JOY Of the
waiting investor, real estate prices are
srifening.
This is the story as cleaned from the
rental and real estate offices. a plain
story OF Wichita's tey years struggle 20
march on to the destiny which her loca- (
ton commanded as much today as in 1856,
a destiny ner purely commercial enter
orises have by their uninterrupted success /
during ali these years proved to be, not a .
dream. but a fact. existent, paIpable and /
Of inevitable contamination.