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The Pioneer Who Started With $24 Sells His Liquor House

J. N. Squier, in Spokane Falls since 1879, hands his wholesale liquor business to a San Francisco firm to chase his mining interests — leaving a fortune built from almost nothing.

The friends of J. N. Squier were considerably surprised this week to learn that he contemplated selling out his wholesale liquor establishment, and the rumor could hardly be believed until the purchasers arrived Thursday and took possession of the premises. The buyers are the A. P. Hotaling Co., of San Francisco.

Mr. Squier has been figuring on the sale for some time. He has large mining interests which will require his undivided attention, and in order to conduct them properly he decided on the change. Mr. Squier is one of the pioneer business men of Spokane Falls. He commenced business here on the 19th of December, 1879, and his entire capital was $24. He has succeeded in building a comfortable fortune in the four years he has been at the head of the house, and parts with one of the most profitable and best established wholesale liquor houses in the northwest.

Although retiring from active business it is very probable that Squier, as he is familiarly known, will make his headquarters in this place. In past years he has proven himself to be one of the most liberal citizens of the place, contributing largely and freely to every public enterprise. He will be missed by all of his old friends, who number legion. Wherever Mr. Squier may go or whatever venture he may see fit to embark in he carries with him the best wishes of the community in which he has resided for so long a time.

“He commenced business here on the 19th of December, 1879, and his entire capital was $24.”

— Printed in Spokane Falls Review (Spokane Falls, W.T. [Wash.]) 1883-1890, 1884
Then · 1884142 years apartNow · 2026

Squier's $24-to-fortune arc is the classic frontier-business legend, and his pivot from liquor into Coeur d'Alene mining stock shows where the real money was moving in 1885 Spokane. The sale to a San Francisco house also marks the moment outside capital began buying up local enterprise — a pattern the Inland Northwest knows well.

The original page

Spokane Falls Review (Spokane Falls, W.T. [Wash.]) 1883-1890, 1884-02-02. Library of Congress, Chronicling America.

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From
Spokane Falls Review (Spokane Falls, W.T. [Wash.]) 1883-1890, FEB 2, 1884, Page 3
Text
Cleaned up from the page — spelling and layout repaired — not a word-for-word transcription. The page itself is above, for exact wording.
Rights
Public domain
Place
47.65900, -117.42502 · placed automatically
The paper in the Library of Congress catalog ↗