The times. [volume] (Richmond, Va.) 1890-1903, 1900-01-07
= 49,
BRIGHT OUTLOOK II
FOR RICHMOND n [ / ID
This City is Throbbingg With Energy
and.Industry.
PRODUCTS co EVERYWHERE r. !,
Hundreds of Thousands Of Dollars Arc.
Now: Being Expended Here
FOR Vast Industrial
improvements.

The prospects for RichEond.s adj.
vancement could scarce be brighter. The
year just begun is indeed an suspicious
one for the capital of the Old Dominion
Improvement is seen on every side, ana
Richmond !. is rapidly making for her
self name as one of the foremost OF the
manufacturing and industrial centres of
the country. {.
To- day her engines are to be found in
the yar.ols countries and her ships
thread their courses. across the. trackless
sea. Richmond is known as 3. nnanufac-
turing city. and her products have found
their way to all parts of the world. To-
day Richmond does a jobbing business.
the magnitude Of which is known even4to
bat few of the residents of this city
Richmond has more wholesale grocery
houses than has Baltimore. AS II shoe
market, her annual output exceeds 1nan2
of the great shoe manufacturing cities,
and her prestige as jobbing centre for
all classes of trade is recognized.
BIG RAILROAD BUSINESS.
Railroad records show that more first
Class tonnage originates at Richmond
than at any Other. city in the South, and
while the Improvement in business and
Industrial circles during the year Just
closed. may be regarded as marvellous
ami unpreced ented, the prospect is That
there will be no decrease and that the
boom will continue.
Richmond leads every civ Of the South
. in her bank clearances. with the eNcep-
ton of Louisville, st. Louis, and New
Orleans, but the increase in her clear
ances for the year of 1899 is greater than
that of any other Southern city with
one excep: ion-Bir1ningha Bank clear
anceS may be regarded as an
.unfailing Indication WHEELER the city Is
gong forward or declinging. and knowing
this is a source of deepest qualification
to those who have Richmond's welfare
at heart to realize just what this large
increase in the clearings IF Richmond's
banks means.
THRIFT AND ENTERPRISE.
TIE thrift, the enterprise and the ener-
gy that is so characteristic Of this city
can not fail to attract the capital wait
ing for investment.
The Improvement made In this city
during the past year have meant the eS-
perditure of hundreds of thousands OF
dollars and employment has been given
10 many.
But thee improvements, though they
were inaugurated last year, will he con-
tillued during this.
h There are numerous enterprises contem-
riating extensive improvements and thou
sands of dollars will be expended in this
| manner.
Millions will he paid out in the con-
struction of the new viaduct OF the Chesa-
i,eake and Ohio Railway and other I'M
provenents along the river front planned
by this. corporation. The Seaboard Air
Lines act in making Richmond me
northern terminus OF the great system.
over 1900 miles i'll length Is OF greatest
moment TO this city.s interests.
80 a GREAT INDUSTRY.
The Virginia Electrical Railway and De-
velopment Company's plans, are TO convert
the water power of the James river into
electricity for manufacturing and other
purposes, for use throughput this city ana
nearby points already necessitatlns the
outlay Of a sum approxinating suo'-
Geo.
The awards to the WI liam r. Irlss
Ship building Company to build cruisers
after its successful construction OF ilghler
draueht vessels, the enlargement OF me
r|ant. must follow as a sequence anu IT'S
facilities and capacity increased
II is safe to estimate that the lofee
employed a year hence by this plant WI
H., double that at work at present
Taking all in all, Richmond prospects
cou,d scarcely be more promising.