Tacoma: Electric City of the Pacific Coast, 1904Pratt, Louis W.
History
Tacoma: Electric City of the Pacific Coast, 1904
Pratt, Louis W.
Tacoma (Wash.) -- Description and travel
TACOMA has a large and steadily increasing jobbing trade. Seventeen
individual firms and corporations are engaged in the export trade in
grain. There are sixty-three concerns engaged in the manufacture or sale
of lumber, many of the number being large wholesalers. There are a number
of importing houses which handle Oriental goods, fire-brick, cement,
grain bags and other foreign products for which there is a local demand.
Wholesale houses are established at TACOMA which supply the trade in
groceries and provisions, produce, cereals, flour and feed, meats,
fish, wines and liquors, confectionery, tobacco and cigars, dry goods
and notions, furs, boots and shoes, drugs, paints and oils, hardware,
building materials and contractors’ supplies, belting and hose, machinery
and mill supplies, plumbers’ supplies, wool, paper, furniture, and coal.
There are numerous commission houses and manufacturers’ agents. The West
Coast Grocery Company, of TACOMA, has the largest trade in Alaska of any
grocery house in the Northwest. The first and only exclusively wholesale
house established on Puget Sound in the trade in dry goods and notions
was located and opened at TACOMA in January, 1903, after a careful
canvass of the merits of other cities. This was quickly followed by the
establishment of a wholesale notion house, also handling dry goods. The
largest wholesale furniture house in the Pacific Northwest is at TACOMA.
One hundred and forty-four wholesale and jobbing houses handled a trade
amounting to $26,839,000 in 1903. Two hundred and eighty-six new business
houses were opened in TACOMA during 1903, while only three were closed.
These figures were furnished by the mercantile agencies.
BANKS AND BANKING.
TACOMA has three national banks, two state banks and one foreign banking
corporation, the London & San Francisco Bank, Ltd. There are also various
institutions for savings and building loans. The deposits in the banks of
discount and deposit aggregate $8,000,000 and are constantly increasing.
[Illustration:
1—Western Washington State Hospital for the Insane.
2—Children’s Home.
3—St. Joseph’s Hospital.
4—Fannie C. Paddock Memorial Hospital.
]
INCREASE IN BANK CLEARINGS.
TACOMA’S bank clearings reflect the marvelous growth of business
transacted in this city. The total bank clearings for twelve months
ending June 30, 1904, amounted to $102,301,642, as compared with
$93,348,272 during the previous fiscal year, $51,838,768 during twelve
months ending June 30, 1900, and $24,550,442 during twelve months ending
June 30, 1897. _TACOMA’S BANK CLEARINGS HAVE INCREASED AT THE RATE OF
97.3 PER CENT. IN FOUR YEARS AND AT THE RATE OF 316.7 PER CENT. IN SEVEN
YEARS._
REALTY TRANSFERS AND IMPROVEMENTS.
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