The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1891-07-09
ROANOKE THE MAGIC CITY.
The Story Of Its Growth Boiled
Down.
what Roanoke Has Dono and What She
is Still Observation-Disclosures the
Close Money Market $50, 200, 600 in I'm
provements Already I'm Sight--The
Population, Industries and Advant-
ages of the Wonder of the Valley.

Roanoke has population of over22,-
900. Its citizens are from nearly every
State in the Union. Eight years ago it
had 600 people. Its growth at present
is on more solid basis and more rapid
than ever before in its history.
Roanoke is located at the junction of
che Shenandoah and Roanoke valleys
Its altitude is GOT feet and it is sur
rounded by rich agricultural and min
oral country.
Roanoke Is distant just eight hours
ride from Washington and Norfolk, nine
from Baltimore, twelve from Philadel-
phia, and fourteen from New York. 1t
is situated at the junction OF the Shen-
andoah Valley and Norfolk and West
ern railroads, both trunk lines, and is
easily reached from any section OF the
country.
The Roanoke and Southern railroad
is now being built to this place from
Winston, N. c., and will open up the
trade of the Carolinas to this section
next fall. The Valley branch OF the
Baltimore and Ohio runs to Lexington,
forty miles distant, and road filling
the connecting link will be constructed
to Roanoke in short time.
The growth of the city dates from
1882, when the headquarters of the Nor
folk and Western were removed here
from Lynchburg, the Shenandoah Val
lev road was mpleted, and the Roam
oke Machine Works, employing at pre-
sent 1T, hands, was established. Since
then millions of dollars have flowed
into the city in the establishment of
manufac lures and other business enter
prises.
Coal and iron and tho rich agricultu
raj lands of the section have contribu-
ted to tho growth.
Roanoke has siXty-fve miles of streets
and eight miles of street railway inside
the corporate limits A dummy line
extends to Vinton, distance of two
miles east, and to Salem, six miles
west. Throughout the city electricity,
in short time, will take the place of
horses as motive power.
The water works are sufficient to fur
nish city Of $4,000 inhabitants. The
supply comes from a pure, cold spring
that gushes from the side of Mill Noun
tain, and is without equal in any city
in the country. 1t is undoubtedly a
specific for many forms of kidney dis
ease.
Light is furnished by the Gas Com
pany and the Electric Light and Motor
Power Company
The property valuation, according to
the assessment of this year, is nearly
30, 900, O0O besides the railroad property
and the Roanoke Machine Works. The
increase in the value of realty was
about S5,OO0,00O over the previous
assessment of four years ago. but pres
1ttnc mil in
of those given.
There are four fine hotels-Hotel Roa-
noke, the Ponce de Leon, the Continen-
tai, and Hotel FeliX-besides number
of smaller ones. All of them are
crowded and constantly turning away
guests.
Roanoke is we'll supplied with
BANKING FACILITIES.
The First National Bank has cap
ital of 100000, with a surplus of
100000; the National Exchange
Bank capital of 500, 900; the Citizens
National Bank a capital of 500, 900; the
Commercial National Bank a capital of
800, 600; the Roanoke Trust, Loan and
Safe Deposit Company capital of
$3.50, 600; the Traders Loan, Trust and
Deposit Company a capital Of 100000;
the Fidelity Loan and Trust Company a
capital of S200,0 900; and several private
banking concerns transact a large hnan-
cial business
The Roanoke Machine Works, with a
capital OF 5,000,0 900, pays out S65, 900
per month in wages to employees. About
100000 year is paid in the city for
wages.
Some of the important
MANUFACTURING PLANTS
are as follows:
Roanoke Machine Works. {. SIS, ZOO, 900
West End Iron Co.. 100000
Grocer Steel and Iron Co. 100000
American Bridge Works. 80. 100000
Rifles Hydraulic Engine
Works Observation-Disclosures. $4,000
Roanoke Canning Factory. $4,000
Roanoke Rolling Mills. 100000
Roanoke Spike Factory. $4,000
Roanoke Iron Co., Consisting
of 2O0-ton Furnace, Muck
Bar Mill and Plate Mill. -. 500, OOO
Roanoke brewery ........... $4,000
Bridgewater Carriage Com
pany, of Roanoke. ......... $4,000
Gambill FIGURING Mill Co... $4,000
Roanoke Milling Company. =. 25 00O
Roanoke Gas and Water Co... $50, OOC
Roanoke Electric Light Co.. 1000
p. l.. Terry Milling Co. ..... $4,000
Diamond Ice Co. .......... $4,000
Roanoke Ice Co. ........... $4,000
West End Brick and Tile
Works 10000
Adams Bros. & Payne Brick
Co observation-disclosures. 5000
Five planning mills. .......... 100, DOC
Two tobacco factories. ... so, OO(
Two cigar factories. ......... 5,OC(
One mattress factory. ........ 5000
Cold storage cOmpany.. Sc, OO(