From the Caddo Herald, November 25, 1910-
Caddo Ought to be Thankful
The fair city of Caddo and trade territory has much for which we should return thanks to Him who is the giver of all good gifts.
Aside from unusual good health our people have been prosperous the past year, we have made good crops and many of us who were in debt have either gotten even with the world or have materially reduced said indebtedness, for this we should be thankful.
The town of Caddo owes much of its present prosperity to the very complete system of water works installed during the past year. The system cost the town $55,000 and it has been estimated that the town has been benefited that much this year, for of the 6,000 bales of cotton marketed here we could scarcely have counted upon more than 2,000 because without water the gins could not have handled more than that, we would not have had the new Wilson & Hartzog gin, nor would we have located here the Caddo Lime Co., the Katy Grain and Elevator Co., or the new and up-to-date electric light plant now being installed in Caddo, and it is doubtful if the M.K. & T. would have spend $10,000 here on erecting one of the handsomest depots on its line. Besides these things, in the last year two dry goods, one gents furnishing, one furniture, one general, and one hardware store have been established here, they are all doing well, and they all are doing their part toward making a greater Caddo.
One year ago there were any number of vacant residences and quite a number of vacant store buildings in town, today there is not a desirable building in either class to be had, notwithstanding the fact that a dozen new residences have been built during the last six months. Then did you know that property values are 50 per cent higher in Caddo today than they were this time last year? For all these things we should be thankful.
At the close of business on November 16, 1909 the loans and discounts of the Bryan County State bank were $107,803.03 and the Caddo National Bank $89,488.08. Making a total of $197,291.11; the deposits of Bryan County state were $133,780.82 and those of the Caddo National were $122,546.00. Making a combined total of $256,326.82. This year at the close of business November 10 the loans and discounts of the Bryan County were $85,489.35 and those of the Caddo National $76,954.25 combined total of $162,443.60, just $34,847.51 less than they were last year, the deposits of the Bryan County on the 10th were $130,313.49 and the Caddo National $151,812.57, combined deposits $282,125.06, which is an increase in bank deposits over this same time last year of $25,799.24.
After having reviewed our business records of the past year, we say again, Caddo has much to be thankful for.