The Sunday morning news. [volume] (Jersey City [N.J.]) 1886-1891, 1891-04-12
PROSPEROUS HOBOKEN.
Our Northern Neighbor Is
Relatively the Richest
City in the State.
ASSESSMENTS CoNTRASTED.
She Is Also Perhaps the Smallest in
Area--- RiVerfront Millions.

In urging that there was no excuse for
the failure TO establish a City Hospital,
the New York World recently spoke of
Hoboken as ''the weaithiest city in the
State"
After careful research and diligent ccm-
parison of values with other cities. a
JERSEY CITY News reporter found that
the claim was justified. In proportion to
the area Of the city in square miles and
its population, Hoboken has more real
and personal property within its borders
than any orher city It has fine streets
and numerous industries. and is admir-
ably governed. 1t is needless to add that
the city Is Democratic by a large major
ity.
Assessor Dollard was SEATED in his office
in the Hoboken City Hall when called
here last week. He kindly consented to
give me whatever information l desired
A city map which he unfoided showed
that the city was little over one and one
half square miles in area. The last CEN
sus taken by the police gives the CITY 48, 900
inhabitants The total tax valuation is
SIS, S9S, 462 divided as follows;--real estate
S17,2T5, 900. personal 81. 622, SEE. The net
public debt Is little over 81, $50. 900. This
is how it compares with some other
cities:-
OTHER CITIES.
Camden, with an area of 81 square
miles, has total valuation OF $40 900, 900,
real and personal, and has debt of
81, 100000
Elizabeth makes very poor showing.
With an area OF Q square miles her total
valuation is but Sl4, 000, 600. and she has
debt Of 50, 737. 700 to carry.
Jersey City, as near as can be learned,
has total valuation OF 10000, 900, and
public debt OF S12,57l. s9l. LII area Jersey
City is about 1919 square miles.
Newark has an area of is square miles.
Her total valuation is $l14 ,000, 900. This
| is the highest valuation of any city in the
State. NewarS's debt is 81, SOC, 600
MILLIONS IN II.
Besides the creditable showing that
Hoboken makes in her valuation she hns
many other claims to wealth. The city Ia
admirably laid out, and in the upper por-
tion there reside some families whose
wealth can be computed by millions.
On Hudson street and the upper portion
of Washington, Bloomfield and Garden
streets are located the residences of men
who are engaged in profitable business
pursuits in New York.
The river front is occupied by handsome
ocean steamship piers. Adjoining the
| Barclay and Christopher street ferries are
| the hamburg American Packet Com
| pany. These piers are conceded to be the
| finest in the United States.
AT the foot of Second street are the i'm
mense piers and warehouses of the Brem-
en- Steamship Company. This company
| gives employment to hundreds of men.
Further up are the two other steamship
| lines.
The old historic River Walk, which
| years ago was visited by thousands from
| New York on Sunday, is thing of the
past. The walk has been extended out
| into the river, and already piles are being
1 driven for new steamship piers. The
Elysian Fields are M longer recogniza-
| bic. Streets have been run through them
and handsome dwelling houses erected
! In the lower part of the city there are
| numerous manufacturing industries
| There are located the immense factory
/ Of the American Lead Pencil Works.
! which gives employment TO 500 men aud
| girls, and Meymberg's silk mills, which
| employs the same number of hands. There
are other factories Of every desert ption,
| and there Is always employment for ali
| kinds OF laborers
The majority of the inhabitants of Ho-
| bohen are Germans. There Is. however,
| liberal sprinkling of lrish-Americans.
| New York IS easy of communication.
| There are three ferries TO that city 1t is
estimated that 10000 persons cross these
! daily.
| Three railroads have stations In thi s
| city. The terminal of the ID. l., aud w
X. X. Is there, aud the Erie and Yves t