The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-02-15

companied by his father, l.. S. Smith, has
apartments al the Butler
Very recently Mr.. Smith has purchased
from ex-senator Squire. through j. w
elise, four pieces q business property in
S~att'. The sale includes the Bailey
huii6' ag on jefferson street and Second
avenue the Squire block on the corner OF
Second and Occidental avenues 81 piece
Of property with a one-story structure
erected on II directly opposite the Squire
Iatimer block an First avenue south and
Main street. The four pieces are reason
ably worth So oa0
Speaking % the reasons which prompt
81 him 70 make such heavy purchase Of
business property IN Seattle when there
are SO many opportunities for investment
nearer his home IN the East Mr. Smith
said: Seattle possesses natural adVauf-
ages 10 M found. perhaps IN no other city
IN the United States !, has in my opin-
ion, one 81 the anest harbors--I might say
IN" nnest~of any city on tho coast II
has within its grasp : large part 81 al
the timber ia b. found "a the United
states Coal mines OF immense proper
tions making heavy shipments all over
Washington snd its iron Industry IS, as
Yet, In it's infancy
THE people q Seattle ! am afraid. do
a. thoroughly appreciate the advantages
their clty has over other towns on the
roast, - say nothing % what he future
may develop. Take Portland. fer tn
stauCe. II IL the wealthlcst city 90 fts s!za
in the United States Stil il Is an inland
town. bat few years ago II had shipping
interests - Pa Small proportions 51rafu.
ally at3f steadily It's coinnleree has fallen
- ard Seattle has been the EaiueY To-
day this city loads ships for Australia
Japan. Honolulu ard. might say. for all
parts ~ the world, sDi as yet its mari
TINE Interests are Just sprouting
'Enye<tigated Every City.
About fourteen months ago decided
70 invest about three-Guarters ot p million
Gollars n income paying property In
whatever city 81 tse United Stats
found would pas tbs largest amount 90
interest upon the investu1eTt. ~ course
I had - take into consideration tho fu-
tgrs - 5hs various places
several. ys~S a sf0re or mora ~ cities
"a the East we're visited, and ! ey3n}rtystt
clerk 20 compile statistics fr0in n1y dc
iator% FINALLY found myself Isl san
Franchise and after 7 ha1 tnade cone q
cradle jEFest Eatt03 according 10 nv ovTo
peculiar methods / let an agent there. -
report aad carefully rad e cereEg 9s4y
tHAt 8t1 not care ia invest tr san Fs~ap.
cisco a8ssiness property. mainly ier taa
reason that tAe metropolis PAYS a ray.
/ lev rate o. Interest sgspu business proper
y r1gty say ,has II "a az ex cap iona -
lucky say In san Francisco witch viii
y looked Tacoma ever thorouxhlv eyy,
several months $50 crossee i - tie list
Turned Towards seattle
u the1 naturally t4rr.ss toward aAatsta
FRI s-er}v called tbs Queen C3ty - sne
%ogfh west. Te-nss run~r IS h@f4 Hrx. vs9gts-s
Seattle lSirk = was ia sSSS-I hs4 IRE
p4=~tz2~@ 80 walking around srp.. starr ,v
@:ere some u The 1r1rC1fsas streets -rw
@Sta.1 Ectt1e& wnAE fi-~e ha3 dome
~ ire handsome structures hs5 t,s--
erected aEtsr tee a-s. hos ehsa stY~@eta pa 3
tesH paved s9S he water sruak has fsea-.
improved. &n1 greater facilities a2a4d for
sasqTsrE-
80 E.c-s. inquiry iaa-~es fAat buxsuss~
property investments - Seattle rzv a.
tA~ waw from - Ter resns.. hc~ssrrs fr g.
g. a'a~at1aE. 4cf Fna3e ~ yny rrgns3 tn4f
wgrA 20 t. v@aag.fssent < A4aEk4 S@ats{s.
being taa HFsE szfGTa5 Esasncr n n5wnrr
rate even would - as@r8rasi 2 tsf@ near
satGre. I opened EsSetistssrs WIZ M
C..Sa, sa& as Result invested A-.8 :
want - say tAst u "a - wildcat syas-.s-
&8TaaG. ( have srs98e8ar.s usavsY ME@sta ssgA
t~ @s.f~eEEe gsgas.s& 60 T8aet ems -eesss
- nay fa<ai - acs1 : have p@Tehazef Wis
properly SIS y gs-maEF.t 8rFas tsTerf
SeEa~ e II Wi SruDraxa iste- o. nsfs
tsa@St = = IS IN arss-c5aas ~o-4<&r. Eos 90
Keats Low ia This City.
~Sce&ks~x - ~~@rS -" f4~si-..a4E ~
Smith - E~s -@~sfs ever 2 Sae,-5e ~rt-
pst7s srss .ng iE* s1En r9ses paid wpez sm-
- rTr%nts. tssss 81 airy asher etsY @s sss
sra 81 tsa ccG~r~v- ~ tne fssIT tx years
S~2sg.9 ~. s-s< .s-Gs..a 60 al. - a.