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

WASHINGTON, MONDAY, ia
capital number of officials delegations
and private persons, thus increasing con-
stantly the volume of the kind of business
peculiar to a capital city. p.
Charles E. Early, OF Early & Hampton.
Real Estate-The past three months have
been much the best that we have had for
several years. In my opinion there is
already beginning great revival in real
estate.
Samuel W. Curriden. Knickerbocker
Ice ompany-Eyerything points to a fine
revival of business in Washington during
the coming twelve months. 1t will reach
all lines of business and it will mean
prosperity for every one who has the
shrewdness to grasp the opportunity.
L. D. Fowler, Manager Burr, Stokes &
Co, Brokers-Everythlng in the outlook is
full of the greatest promise. l have had
long business experience in the East
and in the West. and have seen the most
prosperous and the most depressed condi-
tions, in various parts of the country In
my opinion, founded on this experience,
the country is now entering a period OF
immense prosperity, such as it has never
seen before in its most active years. We
have nothing in the past to measure the
future with. We can form no estimate OF
the wealth that is to pour into the coun-
try from Europe and the Orient, but there
can be no question that it will be such
wealth as would have been considered
fabulous a few years ago. Millions and
billions will be paid to our farmers and
manufacturers for our cereals and our
iron and steel Money is now SO plentiful
that it is being lent to Europe in large
quantities. Such thing was never be-
fore in our history. But the coming
years will see many things that will upset
traditions and form new precedents.
Money is so plentiful that it is only worth
and per cent. 1t is lying idle in mil
lions and millions of dollars all over the
country. The investment of this money
Will be phenomenal now that there has
been return of entire confidence. 1t
will mean that the prices of securities of
all kinds will get to a 1-2 and per cent
basis Six per cent stocks will sell at $50
and 10, and per cent stocks at 100 and
10.
R. L. White, Speculator-The great
prosperity Of the country. the immense ac-
emulation OF wealth, will be reflected in
such prices for all good securities as have
never been witnessed before. The level
of prices during the years around 1890
will be left far behind Those prices were
on per cent money basis Money is
now per cent. | feel assured that there
will be no recession in prices Of any con-
sequence. They will continue to advance
rapidly. There is nothing in the entire
outlook to prevent.
Bowers &c Wood, Brokers-The year
1899 will be record year in many ways,
as 1898 has been. The wonderful accumu
lation of money will continue. and the
prosperity already here Will be far
greater The cereal crops have been i'm
mense, and yet prices are good and are
| advancing steadily. They will be much
higher and the Western farmers will con-
tinue to be prosperous. The effects Of the
enormous expectations of grain at good
prices will help the entire country, as wei
as the farmers. European money viii
come in a flood. The granger railroads
will earn big dividends. The iron and
steel trade is phenomenal, and yet it is
hardly more so than many others. The
| entire country is busy and earning money.
! The effects of this era of good times VIII
advance the price of securities beyond the
! expectation of even the most sanguine.
Maynard & Christian, Brokers-We have
never hesitated for several months in pre-
dieting u great era of prosperity for the
country. and a phenomenal advance in the
prices of securities as a consequence. 1t
is our belief that the present level of
prices on all good securities will be con-
sidered low in a few months.
Edwin S. Potter, Editor the Pathfinder
The coming year is enc OF the greatest
promise The entire country and all classes
viii be prosperous. The Pathfinder as a
weekly news review is circulated in all
parts of the country. There is the most
practical evidence of the better feeling
prevailing everywhere in the very graft
flying way that our circulation has in
creased in the last three months.
Simon Kann, Department Store-I be-
lieve that there is to be an excellent year
for business Washington. The holi
! day business has been most gratifying. 1t
| indicates the better feeling already ex-
listing. The manufacturers are preparing
| for the larger demand by making very
beautiful and attractive goods this Win
/ ter.
F. Crocker, Shoes-Eyerything points to
| a wonderfully prosperous year. / believe
| it will be one of the best in the history
Of the country, perhaps the record break
| ing year.
c. A. Droop, Music Dealer-People are
already slowly turning from the cheaper
| goods in all lines that have found favor
during the hard times to the most ex-
| pensive. 1t is one of the best evidences
| Of returning confidence and prosperity.
When money is plentiful and people have
| faith that it will continue so they want
! the best of everything.
| B. NJ. Bridget, of Parker & Bridget.
| Mems Furnishers-The year of 1899 is full
| of promise. We have made large improve
ments and spent large amount of
money on them in the confident expec-
| tation that the coming years are to be the
| best that Washington has ever seen.
Pliny Moran of Cherry & Moran Cloth
iers-People are spending their money
| past. 1t is a most convincing evidence
! that they are confident of the future.
| believe that 1899 viii be one of the best
the country and the city of Washington
| have ever seen.
NJ D. Jacobs, Manager Miller e. Co,
| Brokers' believe that the country is
| passing into an era of immense prosperity
| The conditions are unique. Nothing be-
fore in the history of the country is COM
| parable to them, and as a result of this
| prosperity and of the confidence of the
| people in the future, / believe that the
| DriceS of all good railroad and industrial