The times-news., 1936-10-16
c. OF c. SURVEYS
REFLECT GAINS in
BUSINESS In CITY
Continued from page one)

Continued from page one)
ing two other months. He esti-
mated business at more than
100000 on the basis of only SO
per day for room and board, and
declared that it was his opinion
that this figure was far too low.
REALTY GAINS REMARK
ABLE, SAYS SUTHERLAND
Real estate activity also showed
remarkable gains this year, Edw.
R. Sutherland reported.
Brokers told me that since last
January l they had handled the
sales of 1874 dwellings, 48 farms
and 16O building sites," Mr.. Suth-
erland said, "and | am convinced
that from 25 to 80 per cent more
were not reported. In 1928 there
were 200 vacant houses in Hen
dersonville; today there are not
20, and most Of these need repair
ing or renovating. AS rental prop
ertv becomes scarce, prices go up,
and for this reason believe that
almost any investment made now
in Hendersonville real estate will
prove to be profitable"
Mr.. Sutherland said he had
learned also that gasoline sales
here so far this year are up 10 per
cent over the same period last
wear and that the output OF cleo
tricity by the Duke Power COM
pany has increased seven per cent;
that II per cent more land deeds
have been recorded at the court
house, and that there were twice
as many property foreclosures in
the first ten months of 1885 as in
1886.
"Real estate in Hendersonville
is now priced at about 60 per cent
of its 1923 value" Mr.. Sutherland
said.
DR.. Jos. R. Sewer said boys
and girls summer camps in Hen
derson county had the best season
in ten years, and that these camps |
are attracting increasing numbers
of parents of means to this Sec
ton to see their children in camp. |
He said also that private schools |
such as Fassifern, Of which he is |
president, show gains in enroll
ment, and predicted that the peak |
of the boom period will again be
reached before long.
Henderson county's bonded in
debtedneSs has been reduced al
most a million dollars since 1880,
o. Y. Brownee pointed out, while
the debt settlement recently ef-
fected will save taxpayers ST.
$4,000 in interest. The refund
ing of the debt, he said, puts the
finances of the county on a known
and stable basis and assures a tax
rate not exceeding S1.00 on the
500 valuation. This fact, he add
ed, will help to attract homeseek-
ers and investors, and when SIM
liar settlement is effected for the
city eve really will be going
places"
Mr.. Buchanan cited the follow
ing accomplishments or prospec-
tive achievements as reasons for
optimism:
Eighteen-hole golf course Sec
ond to none in this region; no va
cant store buildings; many dwell
Iings being sold; mortgage loans
here by persons and cor
porations; city gymnasium - the
largest WPA building project in
the Asheville district-being erect
ed; 100000 airport under con-
struction; new highway to East
Flat Rock assured, and the ma
tional parkway, passing within a
few miles of Hendersonville, be-
ing built.
POINTS TO BENEFITS TO
COME FROM SMOKY PARK
"When the Great Smoky Noun
tains Park and the parkway are
fully completed and developed,
Hendersonville will get more than
It's share of the tourist travel
Mr.. Buchanan said. "Most of the
travel from the southeastern states
to the park will come this wey,
and in addition we will entertain
a large part of the tourists from
the midwest and cast. / think we
should get ready for these people,
by providing adequate hotel and
tourist camp facilities.
In addition to President Clark
officers and directors of the
chamber of commerce for the
year beginning October l are: }.
c. Morrow. first vice-president;
DR.. J. G. Bennett, second vice.
president; Mrs. Cathryn Wiseman,
secretary; c. X. Hoover, treasur-
er, and H. E. Buchanan, A. V.
Edwards. C. M. Flanagan. c. NJ.
Ogle. w. B. Hodges, T. H. Franks,
o. Y. Brownlec, H. H. Ewbank,
G. C. Richardson, Noah Hollo-
we'll, and A. Fl. Houston, direc-