The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1891-06-13

Roanoke has population of over %,
600. 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 moro rapid
than ever before in it's history.
Roanoke is located at the junction of
the Shenandoah and Roanoke valleys.
Its altitude is GOT feet and it is sur
rounded by rich agricultural and min
eral 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 4 road filling
tho connecting link will be constructed
to Roanoke in a 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
ley road was completed, and the Roam
oke Machine Works, employing at pre-
sent IL, 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 the rich agricultu-
raj lands Of the section have contribu-
ted to The growth.
Roanoke has siXsyfivc miles OF streets
and eight miles Of street railway inside
tho corporate limits. dummy line
extends 10 Ninton. Il distance of two
miles east, and to Salem, six miles
west. Throughout the city electricity,
in a 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 sprirg
that CUISINES from the side of Mill Noun
tain, and is without equal in any city
in the country. 1t is undoubtedly Il
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
$4,000 QUO, besides the railroad property
and the Roanoke Machine Works The
increase in the value of realty was
about S5,000,000 over the previous
assessment OF four years ago; but pres
ent values arc many millions in excess
OF these given.
There are four fine hotcls-Hotcl Roa-
noke, the Ponce de Leon, the Continen-
tai, and Hotel FeliX-besidcs a number
of smaller ones All of them are
crowded ard constantly turning away
guests.
Roanoke is we'll supplied with
BANKING FACILITIES.
Tho First National Bank has a cap
ital of 100000, with surplus Of
100000; tho National Exchange
Bank capital Of 500, 0O0 the Citizens
National Bank Il capital of $780, 600: the
Commercial National Bank a capital of
100000; the Roanoke Trust, Loan and
Safe Deposit Company capital .of
e25o.000: the Traders Loan, Trust and
Deposit Company n capital of 500, 600:
Wiz AUN-A"J Ivan Niiu lIuSl 1Olll llN Il
capital OF 5000, 900; and several private
banking concerns transact large finan-
Cial business.
The Roanoke Machine Works, with q
capital OF 5000, GOO, pays out 5000
per month in wages to employees. About
$1,000, 600 year is paid in the city for
wages.
Some OF the important
,l,ri-t,rNf, r,t , >..rs
are as follows:
Roanoke Machine Works. So, 600. 600
West End Iron Co. ... 500, 900
Grocer Steel and Iron Co.. 500, 900
American Bridge Works. $3.50. 200, 600
Rifles Hydraulic Engine
Works $4,000
Roanoke Canning Factory 10000
Roanoke Rolling Mills. ... 100000
Roanoke Spike Factory. ... 10000
Roanoke Iron Co., consisting
of a 200t ton Furnace. Muck
Bar Mill and Plate MILL. 500 900
Roanoke brewery. ...... $4,000
Bridgewatcr Carriage Com
pany OF Roanoke. .... $4,000
Gambill FIGURING Mill Co. 800. 10000
Roanoke Milling Company =. % 600
Roanoke Gas and Water Co. -. 25O, 1000
Roanoke Electric Light Co.. $4,000
=. l.. Terry Milling Co... 81. 1000
Diamond Ice Co. $1,000
Tor IN