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

Roanoke has population OF ovcr22,
900. Its citizens are from nearly every
State in the Union. Eight years ago it
had 600 people. Its growth at present
Is on more solid basis and more rapid
than ever before in its history.
Roanoke is located at the junction of
the Shenandoah and Roanoke valleys.
Its altitude is 907 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
1s now being built to this place from
Winston, N. c., and will open up the
trade of the Carolinas to this section
Baltimore and Ohio runs to Lexington,
forty miles distant, and a 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 hero
from Lynchburg. the Shenandoah Val
ley road was completed, and the Roam
oke Machine Works, employing at pre-
sent 1,7t0 hands, was established. Since
then millions of dollars have flowed
into the city in the eSta blishment of
manufactures and other business enter
prises.
Coal and iron and the rich agricultu-
ral lands of the section have contribu-
ted to the growth.
Roanoke has siXty-fiye miles of streets
and eight miles of street railway inside
the corporate limits. A dummy limo
extends to Vinton, a distance of two
miles east, and to Salem, six miles
vest. Throughout the city electricity,
in q 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 a
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 S5,O00,000 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.
-.oanolle is we'll supplied with
BANKING FACILITIES.
Tue First National Bank has CAP
1tal of $4,000 with o surplus of
100000; the National Exchange
Bank capital Of 500, 900; tho Citizens
National Bank a capital of 500, 600: tho
Commercial National Bank capital Of
100000; the Roanoke Trust, Loan and
Safe Deposit Company a capital OF
Ss50,000; the Traders Loan, Trust and
Deposit Company q capital Of 100000;
81 Fidelity Loan ana trust Company q
capital of 5000, 600; and several private
banking concerns transact largo fnan-
cial business
The Roanoke Machine Works, with a
capital of &5,OO0,OO pays out Sos, 900
per month in wages TO employees. About
$4,000 year is paid in the city for
wages.
Some of the important
MANuEA CrIIRING PLANTS
are as follows:
Roanoke Machine Works. i. .S5, 900, 900
West End Iron Co............ 1000
Grocer Steel and Iron Co. $50. $780, 900
American Bridge Works. $50. 2OO,O 900
Rifles Hydraulic Engine
Works ............... $4,000
Roanoke Canning Factory. $4,000
Roanoke Rolling Mills. ..... 200, 900
Roanoke Spike Factory ...... $4,000
Roanoke Iron Co., consisting
of 20O-ton Furnace, Muck
Bar Mill and Plato MILL. 5000
Roanoke Brewery. .......... $4,000
Bridgewater Carriage Com
pany, of Roanoke. ....... $4,000
Gambill FIGURING Mill Co... $4,000
Roanoke Milling Company. $4,000
Roanoke Gas and Water Co... $50, 900
Roanoke Electric Light Co... $4,000
P. L. Terry Milling Co....... $4,000
Diamond Ice Co.............. $4,000
Roanoke Ice Co. ............ $4,000
West End Brick and Tile
Works ACKNOWLEDGEMENTS. 10000
Adams Bros. & Payne Brick
20 $4,000