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

Tobacco manufacturing and -four mill.
ing were long among the leading sources
of revenue TO this city. and its celebrated
Gallego and Haxall four mills formerly
, ranked among the largest In the world.
Its tobacco manufacturing interests are
stlli OF the first Importance. Everybody
KNOWS how extensively Il has engaged
In the production OF cigarettes And
cheroots while maintaining its high repil-
tation In the older branches OF the indns-
Try. IL Is also extensively Identified with
the manufacture OF paper boxes. car
naMs.r. naYes, locomotives: t: paper twine, baking
horseshoes, tin boxes and tags Tin roofs
meat juice. CEDAR and woodenware trunks
ana ana pass, while a ship building plant has
nave been obtained by it's owners from
tne united States government. Tho vast
mr wa,er power from the James river falls
hncrds cheap and inexhaustible motive
power for manufactures that nj present
~ not more than one-fourth utilized The
electrical development OF this force
eventually increase its avalisble limaysd, nawe,
IRON 800 TO 400 per cent
~ Jopoing centre, Richmond already
HOes great business, as figures previous
~ given Indicate. In over twenty lines OF
S; goods; and It's business in this branch OF
,hrn,s huinsn endeavor Is steadily extending
tnmrcusnout the far South and In the
West. The advantages which Richmond
oners 70 the manufacturer and merchant
are indeed many. II is a city wherein il
n
expensive, where tho better things OF life
are cultivated, where there is unbounded
opp0rtunity for enterprise, and where
tionsl facilities are unexcelled. IL Is a
hea!thy and altogether pleasant and ad-
van,afeous ,,,nn, community. A city where
mental expansion, social amenities and
commercial progress go hand in hand.
A Ranks.
NO better guage Of city's prosperity
lfo han l..e. lrtre
tlons. Banks measure with unfailing ac-
cnracy the business OF a community in
Al branches of trade and preserve tho
state and foreign, No bank for which |
mere ~ not a need can hope TO exist ex-
sfO srowS tS' SrSS1 n9d Il ihs TesH.et sss
s,ong conservative lines fostered by wis |
aon . acquired by men OF experience In the |
necessities ~, s, OF the section Of Virginia trib-
ssinlnatlon oi Rlchmond's banking faclli- |
-, ~, ,sas,hot iail 10 be or value 10 the In
'JnsiIlsster and TO those who invite It..
l. Hchmond Is the banking centre OF /
rass,,uo ,~.se section OF country rich In natural |
resources, with fertile lands and varied |
ail ninlnihE ,hiE. ana msnufscturing interests To
mond nd give indispensable aid. This innu-
sSnee S,e,e rot only felt throughout Virginia,
cii1Ii ou1 IN parts OF West Nirglpia, North Car
sns@ South carolina and In other states,
ahs aids In marketing the cotton. wheat
s,r. toonnSSeo crops Of the South and trans
New York. Boston. Phiisdeiphia. Chi
esgo, London. Paris, Berlin and other
money centres 70 the Southern states.
hlehmon1 banks have wcathered we'll
the waves OF business depression which |
have swept the country In the last thirty
Ye9Is. Iit once since 1874 has any reru-
IaIIy otg. nized city bank closed rs bust
mes Tuu thiE maintained Tie splendid
record oy not only paying depositorS prin-
S.psL ano interest but returned n profit
vl more than 100 per cent 90 sharehold- |
ers, which speaks well FOR the t,trinsio !
worth of the banks Investments and Tor
tno financial wisdom which Dictated
The b,nkinx ~ Richmond 4. con.