The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1890-01-01
SEATTLE PosTlNTEIIIGENcER WEDNESDAY, JANUARY 1870

Manitoba or Great Northern road In a
slsors time. tsaereEore. one viii be able to
travel By rail from Spokane Fails in every
direction Of the compass and reach. within
less than q day, almost any point inside
the country 10 which / have called atten-
ton All this Is hardly appreciated yet for
our own people ara too busy 10 seek recre-
ation in this inviting field and oar hotel ac-
Communications h4va been too meager 20 at
tract tourists IN great numbers, bnt l ann
writing now Of the possibilities and proha-
biEities OF future greet city. In less than
another year we shall have the needed ho-
tels. aud IN that time orr railroads viii be
greatly extended. and then Spokane Falls
viii begin 10 take ON the airs of q real me-
tropoEis.
FAeTs About sroKAxE's sRowTH.
/ propose 70 supplement what | have
already written about the general features
of Spokane BIZ brief grouping of facts con-
corning the present status OF It's material
grcwth.
It's assessed valuation OF real and per.
sonal property has increased from S., 6S6,-
LIS. at the close OF iSSs, to IS, rs. SIS at the
close OF lss9. al advance Of I25 per cent.
Ii had three national hanks at the close
OF 1855, with an aggregate capital and re-
serve fund Of S347 ,aiS. IS, and deposits
amounting to 81 Os5. 414.S6. At the close of
1850 il had six national banks. whose ag-
gregate capital and reserve fund amount
TO 1857 ,5lI "a. and whose total deposits
reach - $50 5sT.a4 In the same period two
savings banks have been organized with a
total capital OF $4,000 and which now
hold 500, 900 Of deposits.
1t has commenced the construction.
since the great fire of August4, OF 500 new
buildings, most of them for business pur-
poses, OF an aggregate value of 50, 30 ESQ.
It's United States land Office received for
the year closing November 80, 1889, 2, Ill
entries covering 2s6. 5e4 70 acres.
It's real estate sales for the year closing
November 80, 1859, amounted TO $l7. 202,
COS, or an average of nearly 81 $50. 900 per
month
It received during the year closing No
veEnber 80, 1859. by the Northern Pacific
railroad alone 80, 600 passengers and So4, geo
tons of freight. the latter requiring 9.o47
freight, or an average OF twenty-five cars
per day.
Its freight payments to the Northern
Pacific railroad alone have increased from
s125, 600 st the close OF 1883, TO $50 600 at
the close OF 1850, an increase OF 100 per
cent.
1t has expended during the past nine
months Si9T 400 on street improvements,
and hiss given $4,000 in cash for railway
extensions.
II mas seen completed during the year
cable street railway three miles long: an
electric street railway three miles and three
quarters long, and the organization of COM
panies for the building of more than
twelve miles Of electric railway during 1890.
II will haze expended within its limits
during the coming year $3.50, 900 BY the
Northern Pacific Railroad Company for
subways under tracks new passenger depot
and freight yards.
1t win have expended within its limits by
the Union Pacific Railroad Company dur
ing the coming year 10000 in depot and
terminal facilities
Its railroad system is the most extensive
and complete on the Pacific coast. Wash
ington stands second among ,the states
and territories of the Union in railway con
struction for the past nine months; 90 per
cent. OF the railroad building in Washing
ton during that time has been ON lines
tributary to Spokane Falls.
1t il, at the close of the year 1850. the
southern and exclusive terminus of the
Spokane a Northern railroad, that has
been built IO4 miles north to the Columbia
river since April last at cost of s., so. 900
and by which connection viii be made dur
idg 1890 with the Canadian Pacific and the
rich Kootenai mining district of British
Columbia,
II is the northern and exclusive terminus
of the Spokane & Paiouse railway. that
passes through II GOO 600 acres OF the most
fertile wheat land in the world.
1t is the Northwestern and exclusive ter
minus of two railroads that run into the
famous CmuF d AIene silver, lead and gold
mining region OF Idaho.
1t IS the eastern and exclusive terminus
oil the Seattle. Lake Shore & Eastern rail
road that is being INSTRUCTED through the
Big Bend agricultural country of Central
Washington. 10 the city of Seattle on Puget
sound
Its the eastern and exclusive terminus
of the Central Washington railroad, that is
being Quilt through Northwestern Wash
ington, 100 miles being now completed.
1t is the northwestern terminus Of the
Pacific division OF the Union Pacific rail-
way system.
1t will have an extension of the Manitoba
or Great Northern railway during the next
twelve months between Minneapolis and
Puget sound.
finalty. IFS superb water power. the basis
OF is greatness Is a manufacturing city, Is
being developed By the Washington Water
Power Company, with q capital of $1,000
90; the Spokane Water Power Company,
with capital stock Of $4,000 and two
companies OF smaller dimensions. arrange
ments having been made for a combined
expenditure during iss9 OF not less than
$4,000 in these improvements
JoHH II. RKkyrE