Imperial Valley press., 1920-01-02

and the beginning of one anew, the
business houses of El Centre report
the largest business during the year
1919 in their history.
Many new stores have been erect
ed on Main and Broadway, the business
blocks of the city. Charles N. Merralls
will open his new garage on Main street
near Eighth, soon after the first. o. W.
Rock, sales manager of the Hudson, Es-
sex and Maxwell cars announces the
removal of their company from the
Tulane theater, to their new building on
Broadway.
The building activities in the
residential district have been carried
on at such rapid pace it is
hard for the lumber companies to sup
ply the demand for materials and the
shortage of labor is always noticeable.
All Prosperous
Statements have been given out by
number of the leading business houses
of the city, showing the increase felt by
their companies. The reports are not
statistical, they are direct statements,
made by the officers Of the companies,
end telling in few words the business
development OF the city in the past 365
days.
Leroy Holt, president of the First Ma
tional Bank of Ell Centre, and a director
of a number of other banking institu-
tions in the Valley said. 81 believe all
the banks in the Valley can show de.
cided gain over the year 1918, probably
not all of them have witnessed the gain
experienced by this institution, but as a
whole the year has been very sue
cessful one for everybody.
Things are in a very good condition
at the present time, but of course we
are all hoping for an increase during
1920. Asa,,4s.
Better Year Coming
81 sincerely believe better years are
in store for the people of Imperial
valley as a result of the opening of the
San Diego & Arizona railway, for this
means another gateway for the out
going products of the Valley said Mr..
Holt, and continuing remarked, "We
who have been in the Valley year in
and year out, cannot fully realize the
growth of this community, and the year
just passed is one of the best in the
history of the Valley, l believe
In speaking of the prosperity of the
Valley, Mr. Holt said, "Our resources
are limited to the prosperity of the
farmer. We are all depended upon the
soil for our financial gains, and when
the farmer is prosperous the rest of the
Valley reflects prosperity"
Horne Makes Statement
o. G.. Horne, cashier of the Security
Commercial and Savings Bank, said,
This has been very successful year,
c,I,n nf nc "
so percent in deposits over the year
previous.
1T should be everyones most urgent
duty to save at the present time when
money is more plentiful than it has
ever been. When the country returns
to it's former bassis, the valuation of the
dollar will practically double"
Paul Black, of the Ell Centro Nation
al bank sand, 1.-THE FL Centre National
Bank has had very profitable year
during the past IL months. The figures
show that the bank has doubled during
the past IS months and most of that
gain has been accomplished during
1919"
John Drummer, manager of the Ore
gon, Princess and Ell Centro hotels can
be quoted as saying, 81 can safely say
that my business has witnessed 200
percent gain over the year 1918"
II. p. Fites, 1--WE have not yet taken
inventory for this year, but I am sure
when it is compiled we will be able to
show a marked increase over the year
previous. We have no complaint to
make over the showing made during the
past year."
e. l.. Carson, assistant manager OF
the FL Centre branch of the Southern
Trust and Commercial Bank said: '"The
Southern Trust and Commerce Bank op
ened for business the 26th of May an6
since that time we have been more thar
pleased with the advancement made. Ir
fact it has ben far greater than oui
fondest hopes.
1.-THE outlook for 1920 is bright an(
without a doubt this year will be tht
most prosperous in the history Of thu
Valley
Girls M. Anderson, local manager o,
the Hayward Lumber Company said
81 cannot account for the increase, i
is very naticable to be sure, but
think the past year is only the begin