The Providence news. (Providence [R.I.]) 1891-1906, 1899-07-12

| I'm the
1861 miles, the Southern railway. 524e
/ miles, and the Seaboard Air line. 947
| miles. are alone sufficient TO make the
70 these there are the Atlantic & Dam
| Vile, the New York, Philadelphia & Nor
| folk, the Norfolk g. Ocean View. the Nor
| ginia Beach & Southern, all OF which
| bring great volume OF trafiic to the
city.
| ers 10 Great Britain, and these are sup.
| plemented by large feet OF chartered
and tramp steamers; The regular lines
pany. Barber & Co. Johnston Blue Gross
| fine and the United States Shipping Com
pany Big coestwse stssmeTS a. M,S are Trsns- ma1s-
portation Company to Boston and Provi-
dence. the old Dominion Steamship Com
70 SsT Yors sisy% SySs ns pssks, ss tsa COM
peake & Richmond Steamship Company
sS MasopFt1n 11er ana andinss
Newport News and Smithfeld, OLD Polnt
and Hampton, Poquosin ana YORK rlse,s rlve,s
Washington, Richmond ana otner Polntss
Then there are the canal lines to Curri-
tuck sound and PasQuotsuk river, Iormlns
part OF the inland waterway 70 the NoF'h
Norfoik's fine harbor. comprising 800
acres OF deep waterway. anc the splen-
aid steamship service. of course means .,a
largo volume OF foreign and domestic
shipments In-these departments Nor
folk takes high rank with the cities OF
the Atlantic seaboard. Last year NOT
folk exported goods and products 20 the
value OF s13e ,e57, and imports were val
ued at s2o3. .ss2. The number OF vessels en-
tered at the custom house was lAS so ton- on
mage. S4G.33 cleared. 592 tonnage, ss2 ll6:
In the coastwase trade 1871 vessels cleared
and 2220 vessels entered The haroor
charges Of Norfolk are low. and the har-
a.. .ir nQfa ffft
With the completion OF the Lamb chan.
mel from Sewalls Point to the Navy arc os
there will be a course $50 feet VIDE and -
steam sees 's safely ~ up to the docks.
Norfolk Is the largest peanut marxet
In the world. handing over % soO%o osgs;
North Carolina each year. The factories
engaged in cleaning and grading the pea
nuts paid s4,S6o in wages last year 10
Fourteen large lumber manufacturing
plants ship millions of feet OF their prod
uct annually. The actual output Is ABOUT
oo0ooO. The weekly pay roll TO over 1900
employees Is about $4,000. The exports
Of lumber and logs last year were valued
The truck farms in the vicinity Of Nor
folk are famous. The crop. according to
size and prices obtained, ranges in value
thing In the way OF early vegetables, ber-
ries and fruit are grown. and thousands
of persons are given employment by the |
large. is ali spent in Norfolk.
Norfolk Is the fourth cotton port OF the |
United States, handling 100000 to 70o,oOo |
s5 sss sS0h Nearly uSa al Of this Il Is Shipped
TO foreign and domestic ports. The cot |
ton warehouses, compresses and docks |
nous receipts OF the fieecy staple.
Oysters. Of course are a big item In |
Norfolk's trade, and 5000 persons ind en- |
sold and shipped. There are % large oys-
ter packing establishments shipping TO /
every state east of the Mississippi. More
than $1,000 IN weekly wages Is paid to
Some 202S, 7sS tons OF coal are shipped
and the trade Is increasing. There are j
loo vessels engaged in the coal carrying
trade.
Norfolk Is one Of the largest horse and
mule markets, last years business rep
The Norfolk s Clearing fy'yIYcSi House Associa-
ton includes II banks, eight in Norfolk
and three in Portsmouth. OF these two
banks. These furnish ample S accommods. o
Ion for carrying on the business or the
,ity. The combined capital of the clear
ns nsuth house \, banks d not Including PSrts
40 and deposits OF s610s, ,s5l With the
capital which is, OF course.
gith 3 surplus OF sSsi,7i and deposits ot
Z. .sS3.657. Clearings aggregate $50, 900 900
The Citizens Bank which has
surplus OF slss,45 on a capital OF $500. 900,
occupies one OF the finest buildings In the
'ity. IL has splendid safe deposit vaults
md modern equipment. Sixteen building
md loan associations have, by their op- |
'rstions, done much to build up Norfolk. |
The bonded indebtedness OF Norfolk Is
a. 'S9S. lel, all for public improvements on |
! two-thirds assessment the real estate Is
'alued at s21. sos, 000 The personal prop |
rty aggregates s., ,GSs, $50. The tex rate Is ] I
ow and the city credit very high. 5 per-
ent bonds selling at il5 and per cents