The times. [volume] (Washington [D.C.]) 1897-1901, 1899-01-02

Secretary of the Treasury Gage-The
year which has just come to a close has
been no more remarkable for the great
historic events witnessed than it has been
in the widening and expansion of our
commerce and industries. Never before
have We had such an enormous foreign
trade, and every business evidence indi-
Gates that domestic affairs have been not
less prosperous. We enter upon the New
Year therefore with highly favorable con-
ditions and with every prospect of contin-
uing the improvement which has made 1898
remarkable.
Charles J. Bell, President of the Ameri
can Security and Trust Col believe that
the year 1899 will begin an era of pros
perity such as the country has never seen
before. Whether it will come with rush
or slowly Throughout the year no one can
foretell. New York trust companies have
now over SS5, 000, 900 loaned in London and
Berlin, and yet money rates at that cen
ter are on a and 8 per cent basis. The
balance Of trade is enormously In our IA
vor. These are phenomenal matters. 1t
will not be many years before the bust
ness OF the world will be done In dollars
instead Of pounds sterling. Our home in
vestments and real estate must greatly en-
nance in value as a necessity of the sit
uation. There must be large investment of
the enormous money surplus.
T. z. Roessle Proprietor of the Airing
ton ashington's prosperity is assured.
The city will soon begin to reflect the
return Of money plenty to the country in
general. New York is the index of the
country's condition to a great extent, and
New York is at present beginning and even
well into fine prosperity. People from
all over the country are spending their
money lavishly in the hotels and shops
OF the city. The furriers and jewelers.
have had one Of the greatest holiday sea-
sons in their history. Prices are going up
and they are putting on that air of in
dependence that is a certain index of good
sales. The hotels served more elaborate
and expensive Christmas dinners than ever
before. The amount of expensive wines
that were served during the holidays at
the WaldorfAstoria is almost inconceiy-
able.
]. B. Winner, Real Estate-Business will
improve steadily during the next few years
/ feel assured. l hope there will be no
great boom Immediately, for such a
speculative craze would be followed by the
conditions which we are now, happily,
leaving behind
Joseph Luckett, Columbia Theatre-The
prospects for the coming year are of the
rosiest l believe the return of prosperity
in the country will mean immense bust
ness for the play houses. Indeed. already
~ s.ason U1,aneo' u OoOiiiihs an over
the Cunt ihele naHe ueeh "eeAs re-
Gently "ileh sIAteen houses throughout the
country nave na c Nlo'VVo business, lew
years ago SlV'VVo week was a phenome-
nal matter that was heraided everywhere.
I. 1. Han, Men furnlshlngs-My bus
mess during the last year has been hun
dred per cent better than during 1897. I
believe that 1893 viii be even much better.
o. T. Crosby, City and Suburban Rail
way-Prospects were never better / be-
lieve that there is to be a year of great
prosperity.
William Is. Gurley, Broker-The country
in general has already entered a wonderful
period Of money making such as 1t has
never seen before. The reports from all
the Industries are alike and the foreign
trade statistics are a marvel There will
securities of railroads and the industrial
corporations. and prices will 90 far above
the present level.
Stlson Hutchins. Capitalist-General
business will steadily improve from the
beginning OF the year. or as soon as the
old years business is settled and persons
know how much money they have made
or lost and how they stand. Money is
cheaper than it has been for wears and is
freely offered on good security. Stocks
and bonds are being bought on basis
OF 3 per cent by cautious investors. Their
next move as the market is denuded of gilt
edged securities will be toward real estate
At tho praeapt Iou- -ot.- -. -.