The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1891-09-16

Roanoke has population of oyer22,
900. It's citizens are from nearly every
State in the Union. Eight years ago it
had GOO people. Its growth at present
is on more solid basis and more rapid
than ever before in it's history.
Roanoke is located at the junction OF
the Shenandoah and Roanoke valleys.
Its altitude is 9o7 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 Fhiladel-
phia, and fourteen from New York. 1t
is situated at the junction of the Shen-
andoah Valley and Norfolk and West
prn 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. Tho 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 completed, and the Roam
oke Machine Works, employing at pre-
sent 70 Q hands, was established. Since
then millions of dollars have flowed
into tho city in the establishment Of
manufactures 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 sixty-five miles Of streets
and eight miles of street railway inside
the corporate limits. A dummy limo
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. Tho
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
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
tho assessment of this year, is nearly
&9, 900, 600, besides the railroad property
and the Roanoke Machine Works. The
increase in the value of realty was
about S5,OOo,0OO over the previous
assessment of four years ago; but pres
ent values are many millions in excess
of those given.
There are four fine hotels-Rotel Roa-
noke, the Ponce dc Leon, the Continen-
of smaller ones. All of Thorn are
crowded and 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
$1,000 tho National Exchange
Bank capital Of 500, 900; the Citizens
National Bank capital of 500, 600; tho
Commercial National Bank a capital of
100000; the Roanoke Trust, Loan and
Safe Deposit Company Il capital of
S25O, 900; the Traders Loan, Trust and
Deposit Company capital OF Sl00,000;
the Fidelity Loan and Trust Company a
capital Of S200,00U; and several private
banking concerns transact a large fnan-
cial business
The Roanoke Machine Works. with a
capital of $1,000, 900, pays out $4,000
per month in wages to employees. About
100000 year is paid in the city for
wages.
Some of the important
MAMIE A CTIrRtNG pr MIA
are as follows:
Roanoke Machine Works. E. e. SIS, 900, 900
West End Iron Co.. 100000
Grocer Steel and Iron Co... 100000
American Bridge Works. 100000
Rifles Hydraulic Engine
Works Observation-Disclosures. $4,000
Roanoke Canning Factory.... $4,000
Roanoke Rolling Mills. ...... 200, 900
Roanoke Spike Factory ...... $4,000
Roanoke Iron Co., consisting
of 2OO-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. 80. $4,000
Roanoke Milling Company.... 25, O0C
: Roanoke Gas and Water Co... 25O,00C
Roanoke Electric Light Co... $4,000
T. l.. Terry Milling Co.. ....... $4,000
Diamond leo Co. ............. $4,000
Roanoke Ice Co. ........ $4,000
West End Brick and Tile
works 10000
Adams Bros. 81 Payne Brick
Co. Observation-Disclosures. 25,oO(
Five planning mills. ......... 1000
Two tobacco factories. .. OOO(