The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1891-08-27

Roanoke has population of over22,-
900. 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 a more solid basis and more rapid
than ever before in it's history.
Roanoke is located at the junction Of
she 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 tho Carolinas to this section
next fall. The 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 a short time.
The growth of tho 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 LIT 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 sixty-fve miles of streets
and eight miles of street railway inside
the corporate limits. A dummy line
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: 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
$4,000, 900, 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
emit values are many millions in excess
Of those given.
There are four fine hotels-Hotel Roa-
noke, the Ponce de Leon, the Continen-
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 a cap
itals of 100000, with surplus of
100000; the National Exchange
Bank capital of 100000; the Citizens
National Bank a capital of $500, 900; the
Commercial National Bank capital Of
100000; the Roanoke Trust, Loan and
Safe Deposit Company capital Of
e250,0O0; the Traders Loan, Trust and
OOPOoAo COMPANY q ShPi'ui "a ElOOtOOOj
the Fidelity Loan and Trust Company a
capital of 5000, 900; and several private
banking concerns transact largo fnan-
cial business
The Roanoke Machine Works, with a
capital of S5,00o,00o, pays out SOS, 900
per month in wages to employees. About
$4,000, 900 year is paid in tho city for
wages.
Some OF the important
MANUFACTURING PLANTS
are as follows:
Roanoke Machine Works. IS, 900, 900
West End Iron Co............ 100000
Grocer Steel and Iron Co. $40. 100000
American Bridge Works. 100000
Rifles Hydraulic Engine
Works Observation-Disclosures. $4,000
Roanoke Canning Factory. $4,000
Roanoke Rolling Mills. 100000
Roanoke Spike Factory ...... $4,000
Roanoke Iron Co., consisting
of a 20O-ton Furnace, Muck
Bar Mill and Plate MILL. 500, O0O
Roanoke Brewery. ........... $4,000
Bridgewater Carriage Com
pany, of Roanoke. ......... $4,000
Gambill FIGURING Mill Co... $4,000
Roanoke Milling Company. 25. 00C
Roanoke Gas and Water Co... 25O,O0C
Roanoke Electric Light Co... $4,000
p. L. Terry Milling Conn.,. 25,OOC
nionond Ica ca 55 0OC