The times. [volume] (Richmond, Va.) 1890-1903, 1899-12-15
RICHMOND. A. FRIDAY DECEMBER IS 1899.


the Southern Railway Company at a cost
Of $4,000.
The establishment OF the Richmond
Glass Works
The establishment of the Richmond
Ether Works.
The establishment Of the Richmond
Union Stock Yards.
The building Of the Pace Abattoir at
cost Of over $1,000
The building OF the kingan & CO. Pack
ing House and Abattoir
The erection of the Virginia Union Uni
ver.lty buildings AT an expenditure OF be
tween S3o1O00 and $1,000
The building of the Science Hall and
Dormitor.es at Richmond College.
The Incorporation Of the Charlotte VII
lams Hospital, with am endowment OF
800 600
The building Of Al Saints and Marshall
Street churches
The building or the mammoth ware
houses by the American Tooacco Company
on cost of foo.oCo.
The organization of tho American Na-
tional Bank with capital of S-pVv'
The organization of the Pr0vident saw
ings Bank ..,.,-
The organization ~ The south-Audh'ic
Life Insurance Company
RICHMOND LOCOMOTIVE WORKS.
Ttc construction by the Richmond 10
comltive and Machine Works OF lzf loco
motives. including II under contract
,yirh Finland. and twenty under CONTRACT
with Sweden. and the recent receplloh oi
orders for the construction of ~ locomo-
tives. which viii cost in round NUMBERS
Tbo establishment of the sheep-Dip
Manufacturing Plant OF Laidiaw, Mackid
a. Go.
The establishment Of "a factory 10y INC
VIRGINIA Carolina Chemical Company lot
tbe manufacture from imported ju'e of
bags f0r fertiizcrs ,,-
Tho Incorporation ~ Tho James "iF''
Falls Paper and Pulp Mills
.rho contracts for doubling the caraclly
OF the great Dunlop q McCance flouiihs
THE foregoing constitute. Of course
but "a partial list of the new enterprises
and advances made in our city during lne
wear. Nor can ] attempt even 90 eplto-
rnize the splendid increase in our Joo-
bir, trade. manufacturing output ana
ip th. number of residences, factories
storebouscs and other buildings erected.
] win however. bring 10 your attention,
fho surest indication of fhe growth ana
pr1snerItv of our city. I refer TO the IN
crease m her banking resources ana the
volume of her bank clctranccs.
BANKING RESOURCES.
con fine iet of December l59S. the bank
fug resources 0f Richmond amounted IN
round numbers TO SZ050tO00, whereas on
the ist OF December 1902 they amounted
to over S95o0opl-an increase OF ABOUT -
per cent. in one year.
Equally gratifying Is the exhibit as TO
her bank clearancos. For the u months
ending December D. 1@s. her clcarances
AGGREGATED Sllo.Gl0eo in round numbers
and for the Ike period ending DecemoeI
J. 1899. Sl53 000,o00-an increase Of over q
per cent
"Xhat this exhibit means will Doe better
recognized by "a comparison with some
of the other leading cities in the Soutn-
Thus. the bank clearances of Memphis
for the n months ending December j.
1SaS. were 500 $4,000; for the II months
ending December T. 1890. S9i.tJ5.'"l
"Atauta. for The u months ending De-
cembar I. 1S9S SG 5000. for the III months
ending December I. 1S9, }7lls9o)-dn in-
crease of l5 per cent.
Norfolk for the ~ lonths ending De-
cember J. 1s9S. S6.HT0)D; for the IL
months ending December I, 1892 S'1-
l5s.eO-an ucreass of % per cent.
RICHMOND LEADS.
"Richmond leads every city Of the South
ir her bank cfearauccs. with the eNcep-
ton of Louisville. ST. Louis. and NeW
Orleans. and her percentage OF Increase
for the II months just past exceeds tnat
Of any other clty iu Che South. including
the three Just above mentioned. except
the citv of Birmingham. the aggregate
clearances of which. however. for the u
months ending December l. 1893. aggre-
gate only S30-,9pl0
"Our bank clearance constitute an un-
failing sign of the onward or backward
flow of the tide ~ the city's property
and The exhibit is most encourag.ns' NOT
only as showing the great volume MS COM
pared with her sister cities of The South,
but th- phenomenal increase attained dur
ing the u months just past'
Tn conclusion. Mt Munford said: eft is
only necessary for our people to exhibit
ln the year iu which we are about 20
enter. the same energy. enterprise ana
pubic spirit which has characterized
them during thc year 1899. Doe order 70
attain s.ll greater measure oi -u'-
cess. and as foremost factor 10 attract
ing capital aud sn-grrrise. Drawn ana
brains FOO our city, We should iet tn"
world know what ne have done what
we are doing. and what we propose TOD
accomplish iu the F.tr upon Wh'ch we
arc just about t1 cutr
MR. Munfords remarks were received
with much pleasure and interest on the
part of those present and his resolution
was adopted unanimously
Tho following now mbers were theh
d