The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-16
The Passing Throng

MR. HENRY ALLAwAY, for many years
financial editor OF the New York Times,
was visitor to Houston yesterday, &C
companled by his wife. Air. Allaway Is
travelling in a private car, and has been
detailed 10y his paper 70 take years
trip throughout the South aud Wese &c
investigate the conditions existing in the
sections of the country named ana 10 write
series OF articles upon the subject Tor
the Times. This Is no advertising scheme
NJ the Times, and towns win not pc asked
To make subscriptions FOR writeups mus
guaranteeing uhat what Mr. Alaway writes
wil. be fair aud impartial Reports have
been received for some time in Wall
street said Mir Allaway to a Post re-
porter yesterday, of q remarkable state
Of prosperity throughout this section ~ the
country along all lines. There has beer
one long unhroken record Of increases IN
values Of railroad properties Then the
farmers have been paying OF mortgages,
deposiuug the surplus I'm banks aud with
u becoming money lenders themselves,
Wall street feels that this prosperity Is
simply reflex Of hpttermeut Of CON
ditiCns which is crystalllzed In every part
OF the country, and evidences are very
clear to that effect, This has not been
altogether believed. and there has even
been some particularly violent dispute, 'rne
claims uf the optimists have been Of an
astounding nature, and the Times has dele
gated me 10 sprud this year investigating
the conditions as they actually exist, and
10 report TO them as TO what are the
tangible evidences Of actual and passing
prosperity. From what / have seen and
reports which have reached me from men
who have given noe strong proof OF the
truths Of their assertions, my reports shall
be far from pessmistic. The business ex-
pnnsion In this section has been indeed
great, aud there can be no possible doubt
as 70 Its thoroughness and quality These
evidences Of general prosperity are TO be
more and more Of It every day. Some of
the most phenomenal stories have been re-
lated 60 me OF what has been done in
the direction Of raising sugar cane and
some remarkable things have been told me
OF the rice development here, and they
have opened my eyes to the possibilities
take this prosperity quite naturally, and
| do not seem 70 have a full realization OF
~ II certainly seems like the good God
sets uP nIghts TO work out prosperity for
| CHARLES T. ALEXANDER Of Dallas,
representing Maynard, Merrill & Co, one
or the largest book publishing concerns in
the East was in the city yesterday from
his headquarters at Dallas zone Of the
main features Of Dallas as city" said
| Mr. Alexander is the fact that II has SO
many modern otfice buildings, which tend
to give II a most up-to-date appearance.
| There is plenty OF offlce room TO be had
In Dallas, and big corporations who desire
what they wish In this line This con.
dition Is quite the reverse In Houston, and
III Is far from easy, In fact. almost an
impossibility, to secure desirable Offices
know that there is very great demand
for onice accommodations here, and this
city is deprived from time to time OF bie
concerns who would like to establish head
quarters here II desirable Office space couit
be secured. The Binz and Klam building.
are thoroughly modern In their appolnf.
ments, and other buildings similar 10 thes,
would be ornaments to the city, hesides
making profitable investments for III,
owners thereof. Houston is growing Al
a rapid pace" continued Mr. Alexandcr
and with each recurring VISIT 10 this citl
Rm more and more Impressed with M
busy appearance. The development herr
during the past few years has been re
markRbie indeed"
A GENTLEMAN who returned yesterda,
from la Porte said 10 Post reporter:
"'rhcre is = rumor that the well driiIe.
hy the Bay Shore company Is not buster
Tho statement already made In The Pos
about the well being a failure Is true
Some ~ the pipe has already hecn puIle,
aud a further croH viii be made To rc
cover tho rest which IA stuck
1T Is possible that another well ma,
he put down by the company later on I'm
SO FAR no arrangements have been made n
any case. well viii not be drilled In tn
l same locality"