The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1891-07-16
ROANOKE THE MAGIC CITY.
The Story of Its Growth Boiled
Down.
what Roanoke Has Done and What She
Is Still Observation-Disclosures the
Close Money Market SIC, 200, 900 in I'M
provements Already In Sight---The
Formulation, Industries and Advant-
ages of tho Wonder of the Valley.

Roanoke has population of over22,-
900. It's citizens are from nearly every
State in the Union. Eight years ago it
had 600 people. Its growth at present
ia 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 Philadel-
phia. and fourteen from New York. 1t
Is situated at the junction of the Shen-
endoah 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 n road filling
the connecting link will be constructed
to Roanoke in short time.
The growth of the city dates from
1852, when the headquarters of the Nor
folk and Western were removed here
from Lynchburg, the Shenandoah Val
lev road was completed, and the Roam
cke Machine Works, employing at pre-
sent 1,7CO hands, was established. Since
then millions of dollars have flowed
into the 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 siXtyfve miles OF streets
and eight miles Of street railway inside
the corporate limits. dummy line
extends to Ninton, Il 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 u city of $4,000 Inhabitants. The
supply comes from 4 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
the assessment Of this year, is nearly
$4,000, 900, besides the railroad property
and the Roanoke Machine Works. The
increase in the value Of realty was
about $1,000, 900 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-Hotel Roa-
noke, the Ponce de Leon, the Contincn-
tai, and Hotel Felix-besides a 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 500. 00O with surplus of
SlO0,O0O the National Exchange
Bank capital of 500, 600; the Citizens
National Bank a capital of 500, 900; the
Commercial National Bank 4 capital of
100000; the Roanoke Trust, Loan and
Safe Deposit Company capital Of
&25O,0OO the Traders Loan. Trust and
Deposit Company Il capital OF 100000
the Fidelity Loan and Trust Company
capital of $500, 900; and several private
banking concerns transact large tinan-
cial business
The Roanoke Machine Works, with a
capital of IS, 600, 900, pays out 500, 600
per month i'll wages to employees About
$4,000, 600 year is paid in the city for
wages.
Some Of the important
MANUFACTUEING PLANTS
arc as follows:
Roanoke aiachine Works =. q. SIS 900, 900
West END Iron Co.. 900
Grocer Steel and Iron Co. 49,. 500, 900
American Fridge Works. $500. 200, 900
Rifles Hydraulic Engine
Works Observation-Disclosures. $4,000
Roanoke Canning Factory so, 900
Roanoke Rolling Mills. 100000
Roanoke Spike Factory. $4,000
Roanoke Iron Co., Consisting
of a 200-ton Furnace, Muck
Bar Mill and Plate MILL. 500, 600
Roanoke brewery. ........... $4,000
Bridgcwatcr Carriage Com
pany, of Roanoke. ......... $4,000
Gambill FIGURING Mill Co... $4,000
Roanoke Milling Company 25 600
Roanoke Gas and Water Co 10000
Roanoke Electric Light Co. $4,000
p. l.. Terry Milling Co.. .... $4,000
diamond Ice Co... $4,000
Roanoke Ice Co. "a. OOO