The times. [volume] (Richmond, Va.) 1890-1903, 1893-12-31

vious year, n decrease OF S22,500. while
the sales amounted to s32, 725,9 $50 as against
S36.25O,S3) for 1892 a decrease Of SS,52I9OO.
In the amount of capital Invested in
the railroad and plumbers supplies for
1893 the increase was S955OO, and the
increase Of sales amounted to s3S5.5OO.
Some other classes Of goods also exper-
fenced an increase in the amount Of
sales.
The failures for the past year have been
more numerous and more vital than the
previous year. In 1893 the number Of fail
ures in this city were ffty-nine as against
thirty-one for 1892 an increase Of twenty
six. The increase in assets anoGnted
to sSl5,732 and that in liabilities, Si36,4So.
Railroads and transportation.
The railroad and transportation faciii-
Ties of Richmond are, perhaps. uusur-
passed I'm the South. With four great
trunk lines, each With its branch lines.
numbering half a dozen or more, this
city is put into quick communication
with northern, southern, and western
points, as we'll as the seaboard A mag
nificent lire Of steamers ply the james
river to Newport News and Norfolk,
whence direct connection is made for
northern and southern ports. Tn addition,
direct lines of steamers to Baltimore,
Philadelphia, and New York are in active
operation. while another line connects
West Point with various points on
Chesapeake Bay. There is a splendid line
of Transportation ships plying directly
between Newport News and Liverpool
and London, England, for the purpose
OF transferring freight and cattle across
the ocean.
With these splendid facilities for freight
and passenger traffic Richmond has every
reason to be proud Of her excellent rapid,
and direct transportation facilities, being
in direct commune alton with all the inn
portant RENTS in this country and abroad
Buildings and Real Estate.
From a real estate point of view Rich
mond is not on a boom. This IS a source
of much qualification to those who have
lost no small portion of their surplus
funds in the collapse OF sO-called booms.
There has, however, been a large amount
of building in the eastern and western
portions of the city, as we'll as the bust
ness quarters. On Church Hin, and on
many of the resident streets In that quar-
ter many substantial residences have
been erected during the year, while on
west Grace and west Franklin streets.
Park and FLOYD avenues, the amount Of
building has been remarkable. Large
numbers Of handsome residences. many
Of them OF imposing styles of architecture
have been erected. and even now during
the financial stringency many contracts
are being let for the coming year. There
has probably been more building during
the year 1898 In this city than for many
years previous
In the central portion Of the city many
handsome buildings have been completed.
while others are being pushed forward
with all possible speed. Among the most
imposing structures may be mentioned the
splendid New City Hall which Is receiv-
ing its final touches the magnificent view
Chamber Of Commerce at the corner of
Ninth and Main streets. which Is a real
ornament 10 the city; the substantial
structure OF the American Tobacco COM
pany. which is nearly completion at the
corner of Seventh and Cary streets, and
others
The imposing new Jefferson" Hotel
that is TO be. IS rising rapidly from its
foundations. and will be a credit To the
city. The spacious Grace-Strcet Baptist
church. at the corner OF Grace and Fou-
shee streets. has been practically compile
ted during the year: the handsome struc-
ture Of the Calvary Baptist church on
Grace and Pine streets, has been finished:
while the new Union Station Methodist
church. which Is splendid specimen Of
architecture wiz be completed within the
next few months.
Besides these n number OF large and
substantial buildings for mercantile pur-
poses are being erected. and MANY other
buildings are contemplated
The real estate men talk I'm encouraging
terms. They have done an excellent bust
ness during the year. and have every rea-
son to expect an active impetus to their
line during the year lS.4
ass Piece cf Residence
The city of Richmond Offers every In
ducement TO these seeking a place of
residence. With population OF about
ll0,0Oo salubrious climate exempt from
the penetrating winds OF the North and
the malarial infections OF many districts
In the South. with religious advantages
unsurpassed In this country. with educa-
tional facilities In all departments, OF
which any city might Justly be proud
not 20 speak OF her unexcelled social ad-
vantages. her splendid police force. fire de.
partrrent. and tempting business enter
prises, Richmond has few equals. and no
superiors 8 a place OF residence. Fer
accessible location and admirable site