The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1891-07-21
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 10000, 900 in I'M
provemcnts Already in Sight---The
Population, Industries and Advant-
ages of tho Wonder of the Valley.

Roanoke has population Of over22,
600. It's citizens are from nearly every
State in the Union. Eight years ago it
had 600 people. It's 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 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, \. c., and will open up the
trade of the Carolinas to this section
next fail. The Valley branch of the
Baltimore and Ohio runs to Lexington,
forty miles distant, and Il road filling
the connecting link will he constructed
to Roanoke in short tune.
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 Noan
oke Machine Works, employing at pre-
sent 200 hands, was csta blshcd. Since
then millions of dollars have flowed
{pfa mir " tho "a In = N rn1 ant pf
manufactures and other business enter
Prises.
Coal and iron and the rich agrcultu
raj lands of the section have contribu-
ted to the growth.
Roanoke has sixty-fve miles of streets
and eight miles of street railway inside
tho corporate limits. A. dummy line
extends to Vinton, u 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 a city Of $4,000 inhabitants. The
supply comes from 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
SO, 1000, QUO, besides the railroad property
and the Roanoke Machine Works. The
increase in the value of realty was
about 100000 over the previous
assessment OF four years ago; but pres
ent values are many millions in excess
of those given.
There are four inc hotels-Hotel Roa-
noke, the Ponce dc Leon, the Continen-
tai, and Hotel Felix-besides number
of smaller ones. All of them arc
crowded and constantly turning away
guests.
Roanoke is well supplied with
BANKING FACILITIES.
The First National Bank has cap
ital of 100000, with Il surplus of
slO0,O0O; the National Exchange
Bank a capital of 500, 600; the Citizens
National Bank a capital of 500, 900: the
Commercial National Bank capital of
100000; the Roanoke Trust, Loan and
Safe Deposit Company Il capital of
S25o,OOo the Traders Loan, Trust and
Deposit Company capital Of 100000;
the Fidelity Loan and Trust Company
capital of 100000; and several private
banking concerns transact a large finan-
cial business
The Roanoke Machine Works, with a
capital of &5,0OO,OO0, pays out SG5, 900
per month in wages to employees. About
$4,000 a year is paid in the city for
wages.
Some of the important
MANIrFA CrIJRING PLANTS
are as follows:
Roanoke Machine Works. S., 600, 900
West End Iron Co. ........... 500, 600
Grocer Steel and Iron Co. 49,. 500, 900
American Bridge Works. ..... 200, 1000
Rifles Hydraulic Engine
Works $4,000
Roanoke Canning Factory. 49,. $4,000
Roanoke Rolling Mills. 200, 900
Roanoke Spike Factory. ..... $4,000
Roanoke Iron Co., consisting
of u 900 ton Furnace, Muck
Bar Mill and Plate Mill 80 500, 900
Roanoke Brewery. ......... $4,000
Bridgowatcr Carriage Com
pany, of Roanoke. ..... $4,000
Gambill FIGURING Mill Co... $4,000
Roanoke Milling Company.... $4,000
Roanoke Gas and Water Co... 100000
Roanoke Electric Light Co... $4,000
=. L. Terry Milling Co.... $4,000
Diamond Ice Co. .......... $1,000
Roanoke Ice Co. $4,000
West End Brick and Tile
Works .................... 10000
Adams Bros. & Payne Brick
Co. Observation-Disclosures. $4,000
Five planning mills. ....... 100000
Two tobacco factories. ...... $4,000
Two cigar factories. .......... 5000