The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1916-01-07
Business and Finances

the United States will show a greater
comparative growth commercially
than Omaha due to the general recog-
milton Omaha is now receiving as a
commercial center, serving the best
trade territory in the world. and the
recognition on the part of Eastern
manufacturers of Omaha's strategic
importance as distributing center
and as market town. Banking con-
ditlons are good, deposits being near
ly $1O,OOO,OOO more than they were a
year ago.
F. K, STRIVE, President Seattle
National Bank, Seattle, Wash: The
most important industry in this dis
trict is lumber, the normal annual out
put OF which is about $o0,0OO,OOO. The
year 1915 witnessed a very unsat-
isfactory condition in this line with
an output of only about 40 per cent
OF normal. Price and demand have
been extremely low but the market
has advanced during the past 80 DAYS
and there appears to be every reason
tor predicting a successful season in
1910. Mills that have been losing
right along on prices prevailing I'D to
~ Gays ago are now operating at a
Proht: With an Improvement in lum-
Der there should and doubtless will
closely follow distinct betterment in
all lines of business in this field. lob
ing, wholesale, metal trades. etc.
The single industry has suffered to
marked extent through the removal
of the tariff which. has admitted large
quantities Of cheaply produced Eng
lIsh Columbia shingles to this field.
Generally speaking-all lines have
been more or less depressed during
the current year but quickening has
occurred and the outlook is bright.
One: of the greatest disappointments
IN this section was the result of fish
ing operations for the past season.
Preparations had been made by the
salmon canneries for large run but
only about one-third of the estimated
amount was caught, with the result
that in general sense the Sound
canneries made no money this year.
Conditions were better in Alaska,
however, where the run exceeded ex-
pectations. Europe has become a
purchaser of salmon which has had a
most helpful effect on the industry
but shortage of shipping facilities has
been detrimental. Washington has
Just raised the largest crop of wheat
in its history, estimates running from
100000 to 100000 bushels. for
which good prices have been and are
being realized. The State will real
lie from this crop on a conservative
basis from $30,000,00O to $35,O0O,OOO.
H. N. TINKER, President Puget
Sound State Bank, Tacoma. Wash. !:
The latter part of the year 1915 has
showed marked improvements over
one year previous. The principal
product in this country is the manu-
facture of lumber. of which there is
considerable demand at this time.
The business, however. has been ham
dicapped on account of the scarcity
of water transportation facilities. We
believe the year 1916 will be one of
much benefit and all the labor will
be employed.
w. D. VINCENT. Vice-President
Old National Bank, Spokane. Wash.
The Inland Empire of the Northwest
is a producing country; first in i'm
portance is the cereal crop. next min
erals, third timber and then followed
by livestock and fruits. The demand
for metals has made mining opera
tons profitable. The mines in opera
ton in the Occur d'Alene district are
RUNNING full time, and great many
new and valuable properties are be-
ing opened up. Sixty per cent of the
wheat of this years crop is still on
hand. The lumber business is begin
ming to feel a movement that next
year will undoubtedly be beneficial to
everyone engaged in that line. Pros
poets for good business are excellent
and the only cloud in the sky is the
psychological effect of presidential
year.
N. H. LATIMER. President Dexter
Horton National Bank. Seattle. Wash
The Pacific Northwest has seen but 1.
slight reflection of the vastly improy-
ed business conditions reported from
the Eastern states and at this writing
there is little change from prevailing
conditions of year ago with perhaps
this exception. Toward the end OF
1914 business generally was unsettled
and the outlook was clouded with I'M
certainty while we are now looking
forward to more promising conditions
than we have known in some time
This year has seen the resumption OF
mining activity. Good crops at fav-
orable prices have been the rule. In
creased activity is looked for in the
numbering industry which If 1t mater
ializes as anticipated should go far
to give this section its share of pros