The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-09-22
fast, SOLID GROWTH
Figures That Show Green's
boro's Prosperity.
In Two Years Bank Deposits Increase Over II
Per Cen. Rapid Increase Of Business
Houses. The Fair.
(Staff Correspondence


Greensboro, N. c., Sept. 21.-Sometimes
a statement or article from correspon-
dent may be questioned and in mentioning
some of the progress Of Greensboro for
the last three years / thought it well
to have some corroboration and this
morning though l found him very busy /
had the pleasure of short interview
with Mr.. w. E. Allen, the very accurate
and safe secretary and treasurer OF the
Greensboro Lean and Trust Company.
In the conversation Mr.. Allen said Ia
part:
Probably the best way to prove the
progress of Greensboro would be to refer
to few statistics that tell in a very
plain and simple form what advances we
have made. In two years the deposits in
the banks of Greensboro have increased
TN per cent and there are more new
firms preparing for business here now
than at any time in the history of
Greensboro, more business houses being
built and all Of them will be occupied at
once when completed. There is not
single store in the city of any size or
on any principal street that is not rent
ed and there seems to be a demand for
dwellings of all sizes and on every street,
notwithstanding that we are completing
four houses every week and have been
for three years according to the census
taken by the United States Government.
Il know Of no vacant houses and no
idle money and few idle people in
Greensboro, our citizens are all pulling
together for the upbuilding of our city
Guilford county is the educational centre
-
ire Of the county.
"Our city increased her population 202
per cent in the last decade and at that
rate we will have the largest city in
the State notwithstanding the new and
increased evidences of growth that the
Whole commonwealth is enjoying.
I'VE are not on a boom but solid and
substantial growth. We glory in the pros
perity of our sister cities and the whole
State that we all love so WE'LL still
claiming that Greensboro is the most
progressive and the best place in all
North Carolina for residence
In conversation with Mr.. r. NJ Reese
one of the best city officers in the State,
/ found that the taxes paid into the
city through his office were $4,000 in
1892. This year they will be $4,000 or
more. This does not include the city's
revenue from other sources, which are
paid to the city treasurer which will be
approximately $4,000, making total of
$4,000. The tax rate is the same as in
1892, and no taxes whatever are received
from the four large new cotton mills
built in the last five years, and several
other factories, such as furniture and
spoke, hub and handle factories.
/ dropped in on my rambles on Mr.. R.
S. Petty, the secretary of the fair and
asked If anything new had turned up. He
said that ito publish anything more
about the midway and free attractions
which you have SO kindly noticed would
be to repeat former statements. Every
thing in this line is more complete as we
have at last secured a ferris wheel
which so many people wish to see and
take an exciting ride, 200 feet up in, the
air. ] have been worried for some time
for fear that there would be a scarcity OF
race horses, but now ] am assured of
large number, and race will take place
as Per program and in the event any
race should not fill we will make a con-
ISOLATION purse of that number. Mr.. Geo.
A. Mills, of Goshen, N. Y, is the starter
and manager of races.
In passing the grounds today it was
am interesting sight to see DR.. j. T. J.
Bolter and the Secretary working the
new track machine roller, but they did
excellent work and the track looked al
most like it was carpeted and the
grounds present the appearance of lawn
having just been moved and all rubbish
cleared away. Several entries have been
made this week and the merchants are
having their displays arranged and put
in place by Mr.. Frank Eldridge.
w. M. ROGERS