The Colville examiner. [volume] (Colville, Wash.) 1907-1948, 1920-04-24

10 tne nope tnat ere long tney VIII
find it possible to profit in the wait
by being able to purchase Colville
city OF county realty at lower price
than its present rated cost will be
rudely disappointed when they read
the result of a survey of local condi-
tions which have been covered by
conservative estimates by local bust
ness men. While those engaged
personally in individual business have
gathered the fruits of industry with
out much concern as to the activities
of their neighbors, and have been
doing enthusiastically so-the
county at large in a business and
industrial way has been striding for
wards by leaps and bounds.
In the year 10 90 it was estimated
that, with the result of labors of
local business men for the previous
20 years the annual business had
reached total of 100000. In the
next decade it had doubled and ST.
100000 would encompass the business
for the annual period. In 1920, ac-
cording to the estimates just COM
pleted by business men, the enormous
total per annum of $6,OOO,0OO will
have been transacted by Colville
business houses exclusive of the
banking institutions which perform
for them the services of fiscal. agen-
cies. The banks will handle this
business with their excess of $2,O00,-
900 combined deposits. On this &c.
100000 the business men will gather
an ultimate profit of 20R, making q
total perhaps of $1,2OO,OOO. A pop
ulation of substantially 1000 partici-
pates in these profits, which shows
that each of these is making a gain
of practically $500 per annum. 1t
is doubtful if any other city of the
size of Colville, in the state of Wash
ington, can make such a showing. 1t
is insisted that with the boundess
resources of the country tributary
to this city pouring in, the results
of constant development into the lap
of local business enterprise, the in
habitants cannot help but prosper,
the people will not avoid their re-,
sponsibility to the community, and
the growth of the city will demand
the advantages necessary for general
community betterment.
But what has been said pertains
only to the city and its capacity for
handling the business that must come
to it. This business arises from the
natural resources-and natural" is
the word. Each branch of industry
has it's dependencies and all are con-
stantly in operation and in coopera-
tion as we'll. All are bringing re-
suits in profit and gain. Und'
and above all of this is the spirit of
progress that is constantly inspiring
a higher order of advancement in
a business way, and for the uplift of
our educational, religious and social
institutions. The city is the en-
bodiment of all these, and the en-
virons contribute to the substantial
foundation of the structure.
For example, within a radius of 10
miles of Colville, there are approx
mately 10000 acres of hay lands
which have an annual yield of 3 tons
of hay to the acre, or a total of 3d.
900 tons of merchantable hay, worth
$50 a ton. The total value of the
hay alone in this area will run to
100000 in money to be exchanged
for this commodity through the
marts of trade in Colville. The bust
ness in hay alone for the year 1920
will exceed all of the business done
20 years ago; so it will be seen that
the farming business is not decadent.
There are few farms that do not
divide the honors between hay, grain,
fruit, livestock and the dairy part Of
the business.
Twenty years ago Stevens county
had not shipped to the open markets
of the world a dozen carloads of
lumber. During the next ten years
the lumber movement was slow, but
during the decade probably 100000
900 feet were manufactured and
shipped at price to the shipper of
about $40 per thousand feet, total
ing $1,000,000. In 1920 more than
that amount of lumber will be manu-
factured and marketed at a price in
excess of $50 per thousand, bringing
back to the business of the produc-
ing communities more than $3,OOO,-
900. Some who have been in close
touch with lumber manufacturing
and marketing conditions estimate
that twice that sum is realized on
lumber. The lumber supply OF this
part of the state will last 30 years;
at least the timber will not be re-
duced to the zero point before 1850,
and even then there will be sufficient
for all local needs, according to ex-
perts.
Returning to farming. it is OBJ