El Paso daily herald. (El Paso, Tex.) 1881-1901, 1900-12-31
WHAT THE YEAR 1900
BROUGHT TO Ell PASO.


The year in Ell Paso has been one o
unprecedented growth. 1t is possible
that not quite so many new buildings
have been erected as last year, but
there have been more costly buildings
and the amount spent in public i'm
lprovement has been larger than ever
The year 1900 has seen the completion
of a number of our finest Office build
ings, the remodeling of the Sheldon
hotel, the building of a large number
of apartment houses and additions to
hotels. the increase of store facilities
and warehouses for a number of our
largest mercantile houses, and a gen.
eral branching out among practically
all established enterprises in Ell Paso.
This is the healthiest sign of the year
just over-that invested capital has
found business profitable and has i'm
mediately proceeded to add to itself
in increasing local plants.
There have been so many new dwe.-
ling houses erected during the year
that it is hard to make an accurate
count. The demand for houses has
been constant, and it has been all the
year almost impossible to secure desir-
| able rental houses. There is no de-
crease in the rate of growth of the
population, and no likelihood that
there will ever be any impairment of
present real estate values. Prices are
about at the top notch, but owners
10 not care to sell, and unless there
should come a pinch prices will go up
or remain stationary for awhile, but
will not decline.
The volume of business transacted
in this city is immensely larger than
ever before. The freight movement
is rar heavier, the postofficc and bank
records are good indications of the
amount of BUSINESS done. The finan-
cial institutions of the city are in fine
condition, the statements show con-
sentative methods, and generally
speaking, at the close of the year.
there is no dark spot in Ell Paso's out
look for the future.
To go outside the city, the past year
has witnessed unparalleled develop
ment of the mining resources of the
country tributary to Ell Paso. The in
fluX of new blood and new capital into
the mining districts within Ell Paso's
six hundred mile radius has been one
OF the years marvels. Capital has |
within the year turned it's face toward |
the ureat Southwest as it never has |
before. From every part of the nation |
rich men, practical men, come to look /
over the field and invest their money.
Railroads are reaching out for this
hitherto unexpected territory, and III
Paso and the country tributary thereto
nave within the year now at it's close
become the objects of competition
among commercial ana transportation
interests in way that must rebound
70 our great gain in the near future.
During the year there has been
marked increase in solidarity, both
within the city and in the Great South
west at large. AS never before, men
realize the benefits of active coopera-
,lishment of the year from an Ell Paso
standpoint is the creation and conser-
ration of this splendid spirit of self
help and mutual help, as the first step
n progress. Through this means. new
life has been infused into the city and
Is tributary territory, and all we need
low to make the year 1901, the first
u the twentieth century, the most
for it's proportionate in
;rease of all good things among all
he years that have been since the be-
ginning. is the joining together of all
he progressive forces of Ell Paso and
he Great Southwest under the banner
With the inspiring motto, typical of
.e Spirit of the West,
Il WILL