, 1902-12-31

BRIGHT BUSINESS OUTLOOK
FOR 1903.

me people of Laramie have great
reason to congratulate themselves mp
on the business outlook for the coming
year. Never in the history OF lIv city
mas there been such general p.usp"ri-
ty and never has there been such a
bright outlook for permanent advance
ment.
Although still in its infancy. the min
ing industry holds forth great promise.
For the first time in the history OF the
county, the year just closing witnessed
the introduction Of outside capital in "A
large amount. This capital will 20 to-
ward the development OF other prop
critics. The Douglas district is now
furnishing employment to a large mum
Der of men and development is going
on at Centennial, Jelm mountain. Tic
Siding, HalleCk canon. Laramie peak
and Cooper Hill. Albany county will
v see any less mining than is be
ing done now, and the future will I'M
questionably bring capital in large
quantities and men in increased mum
bers.
But in spite of the immense revenue
to be derived from the mines during
1908 it is not from this source that Lar
annie will derive it's greatest revenue.
Home industries-those within the
confines Of the city-are remarkably
prosperous. During the year 1902 the
has been more than doubled and it is
taxed to the utmost to supply the great
demand for it's excellent product.
Plaster from the Laramie mill is going
to California on the west and as far
east as Illinois. Steps are being taken
to secure more of the raw material and
1t is not improbable that the works
will be still further enlarged in the
lear future.
A magnificent hotel is assured. 1t is
hardly probable it can be completed
during the ear 1903. but it is more
than likely that the superstructure will
be in such a tate of forwardness be-
fore the snow flies next fall tina work
can be prosecuted upon the interior
during the winter season For this
structure the people of Laramie will be
indebted to the Van-Horn Miller syndi,
cate. The hotel will be erected by one
of their companies, the Boston Hotel
company. The deal for Mrs. Ingecsoll's
lots at the corner of Fifth and Thorn
burgh has been closed and this site
will be turned owe to the Methodist
church in exchange for the hotel site
a. the corner of Second an6 Universify
The building o, a new ana
modern church structure will also furn-
ish employment for a numher of me.
chanics. The hotel building will have
a frontage Of II feet on Second street
1872 feet on University ayenu and will
be three stories high. with ar attic. Ii
will be modern in every respect, and a
great credit to the city.
This syndicate also that
the Laramie, Hahns Peak and Pacific
railroad will be pushed next season
with all possible dispatch. From Cen
tennial it is now understood the line
will swing off to the south via Douglas
creek to the E~ncampment country, OPP
ening to the outside world a CO lntry
rich in mineral and agricultural pro
ducts. Steel will doubtless be laid up
on the first section of thirty miles dur
ing the year 1908. At least that is the
purpose of the company as announced
at the present time.
The building UP of the town Of Cen
tennial and the country contiguous
thereto is doing a great deal toward the
development of the entire Laramie val
ley.
One Of the certainties is the public
building, which will entail an expendi
lure of more than ninety thousand dol
lars. The Republican hopes local
builders will be able to secure the con
tract for the erection of this structure
but this is hardly probably for the rea'
son thai men who follow this particular
line Of business have superior equip
ment. Laramie stone will doubtless be
used.
The many in rovements recently
made by the Union Pacific at this
point INT those now in course of con,
struction indicate that it is the purpose
OF the company to make Laramie a
more important division point than
ever before. To accommodate the
mechanics and employees generally a
large number Of residences are a nee
essity and the coming summer will
doubtless be one of great activity in
the building line.
The Republican feels perfectly safe
in Wishing all its readers a happy new
year, with the assurance that 1903 will
BIO the most prosperous in the history
Of the Gem City.