Morning journal and courier., 1892-01-28
GROWTH OF THE CITY.

GROWTH OF THE CITY. \ Summary of the Industrial Prog ress of This City - An Able Paper Showing Its Advancement Read by | Willard c. Warren Last Evening.
 The following paper showing the indus l trial and building growth of this city was read before the monthly meeting of the l chamber of commerce last evening by Will lard c. Warren os tho Weekly Record and was listened to with rapt attention by all present. The paper in full is as follows:
 For the past few years it has been my custom, as editor of the Weekly Record, to prepare at the end of each year sum- mary of the industrial progress of this city, and the results, while not startling in their proportions. have been full of en- couragement and promise.
 Perhaps no current statistical informa- tion affords truer criterion of the ma record. The western town boomer de- lights to tell of miles of buildings erected, and can match the record of any rival city with his elastic figures, provided he sees them first. A live and growing city needs constant additions of stores for it's pros porous merchants, factories for it's in creasing industries and houses for it's con- stant accessions of population, while schoolhouses, churches and other accesso- ries of modern civilization necessarily fol- low.
 Like most other cities of the country, east and west, New Haven fell off in it's building operations in 1891, as compared with the years directly preceding. There comes time, even in the midst of general prosperity, when capital is actively engaged confined closely to actual necessities. New ertheless, 1891 may be considered as good building year. Work was commenced on 563 separate structures involving 8 total expenditure of $1 ,410,250. These figures are taken from the permits issued by the fire marshal with @ comparative additional estimate for buildings erected in the town outside the city limits. With proper ad- dition for undervaluation for fear of the deadly assessor this amout would be swelled to fully $1 zoo, ,000. The record includes 284 frame dwellings, 26 brick dwellings, % brick blocks, IA shops and factories and 9 churches. The dwellings provided 488 new tenements, CT quarters for fully 1000 HOoplC. II ullJ plOO,OOU OI 10Sl JOoA D pulAO- ing investments were for. new factories, which the coming year will see in active operation.
 In the last twenty-two years, during which time s record has been kept, nearly $25, 5,000,000 has been expended on new buildings in New Haven, ranging from s417, 300 in 1888, to $2,O65, TOO in 1888, and averaging over $1,000,000 in each year. Every city has it's ups and downs, but the fact that New Haven has 80 steadily climbed the ladder of prosperity speaks well for its stability and healthy growth. In average cost of buildings eastern cities are inclined to surpass. This is due to the higher cost of land, less extent of corporate limits, the greater tendency to mass great number of houses or tene- | n.ents under a single roof, and especially to the more substantial character of the buildings of the older cities of the east. | This rule holds good in New Haven. Thus | in the last comparison made New York | average $12, TOO for each building erected, | Brooklyn S, ,820, New Haven $3, 7O6, while Chicago averages $4,092, Minneapolis $2, 1858, Cleveland $1 1856, Duluth $2, 800 and Denver $3,311. From this we may infer that while New Haven is not given to in- dulging in structural palaces or poems in | brick and stone, her buildings are for the N | Doubtless it will surprise many to know that no less than forty new corporations were organized in New Haven during the year 1891. It is true that several of these companies are due to the increasing favor l the joint stock company is gaining as 6 business organization, as number of indi l viduals and firms have merged their busi ness into corporations during the year But as in many cases this step was take1 also to enlarge their field of operations and to extend their business by fresh ac sessions of capital, the result is still a gair l for the city.
 These forty corporations represent al l aggregate capital of over a million dollars Lin actual figures $1, 1,119.S00. Twenty ! eight of the companies engage in manu featuring or other industrial enterprise and have an aggregate capital stock O. $S03, 700. The articles to be manufactured embrace great variety of goods, and in clude carriages, wagons, furniture, tools brass goods, medicines, varnish, shoes, re frigerating machines, rubber goods, hard ware and many smaller articles.
 Seven corporations, representing an az gregate capital of $268, 300, will carry on mercantile business, and four companies having $27,000 capital, have been organ ized to erect or maintain buildings for va rious purposes. I have not the figures a hand, but this is unquestionably the larges years investment in stock companies eve known in this city.
 Another point which has an importan
 bearing on the business of a community ii
 it's bank clearings, and these are general
 taken as pretty correct index to the bust ness and financial standing of city. Tn New Haven clearings house was organizes
 in 1872 and commenced business in 1878 | hut tho Grcf rl1 raoor1o nhfoi h1a or
 for 1877. During the fifteen years sine
 then the transactions of the banks in thi
 city have aggregated S835, ,430, ,1S1
 In 1877 the total clearings wer
 but 30 million, increasing gradual
 year by year to sixty-three millions il
 1882. In the next year they fell off t,
 ffty-six, ffty-four and fifty -eigh, million
 respectively, again reaching sixty-thre
 millions in 1887, and then increasing wit
 but one break to $71 ,299, ,044 in 1891, a
 increase of 40 per cent. in fifteen year
 and gain of 5d per cent. over the highea
 previous year. No more convincing proc
 is needed of New Haven's continuous an
 substantial growth and from the stand
 point of bank clearings at least the yea
 1891 was the most prosperous in the his
 tory of the city.
 It is not necessary to exagerate or i'm
 provise figures to make a good showin
 for New Haven. The city is bound t
 grow and forces are at work that will i'm pei it irresistibly onward. In five or si
 years at the most New Haven will be mum bered among the few cities of 100000 in habitants. We are not quite ready flo
 this honor. We need finer hotels, bette
 business buildings, better street car sel
 vice, and many other Improvements
 These things cannot be accomplished in
 day, nor yet in 8 year, but in the change
 of time they are bound to come and "
 may yet become as proud of our bushes
 streets and our fine buildings as we ar
 to-day of our East Rock park and our nc
 ble elms.
 Pleasant Surprise Visit.
 On Tuesday evening about twenty of th
 relatives and friends residing in this cit