New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-12-18

81 from $4,000 TO sSo0O10 receive daiv a throng
o o Pn gum GGaS x hs for M OF OF these
towns and their contiguous territory. New Orleans
foodstufs, coffee and sugar. drygoods agricultural
implements; naFa"2tG, ciot!ing boots ana SHOES.
rnoneymalZing and more or less selfndulgent COM
n SIZE o ons ad t me ,5ose Of tbs
some lines even eclipse them-such. for instance,
&c nsnufactured articles thai are produced at such
8 distance 70 necessitate the carrying Of excep-
t!oDaly large stocks against emergencies.
HER GREAT AND GROWING MANU-
FACTURES.
Since tie census of 1900 which gave the number
of factories a; l.524 employing l9.435 hands, and
representing Investment of S46.0OO0O0 capital
with an annual output OF S6S,500.o00 a good many
new industries have been added and quite a
few O. the old ones greatly enlarged. Dun"
gives TIE l5@h ulaStn 81 - outPLo at close to
&10Ne)l Exemption from taxation until 1910,
which covers about s. per cent OF all lines Of manu-
1aeJQre mas ho no t 10 10 t Tn TINS
1ages Of New-Orleans, me splendid work of her
slgsS5E+ S~ "a 81, ~ irecteG a@Torfe S tb e en-
newspapers that constitute 4 press contingent of
which any city might ne proud, has had much
There is little doubt but that New-OrIeans will
become one Of the chief manufacturing centres Of
much ana such variety Of raw material at her
very doors-cotton for her textiles. lumber Of all
KINDS Tor her INCORPORATING and fruit and garden
truck and sea food for her canning industries:
Louisiana Texas
The coal fields Of Pennsylvania and Kentucky, and
vast tributary territories Of hard wood md is one
Of the largest mahogany markets in the world. In
ecG-uon she has the rapidly improving markets Of
the West Indies and Central and South America to
which she is nearer than any other manufacturing
centre IN the world, besides the extensive con-
uguous territory in which she will have little or no
huantePec recently completed by the Mexesn gov
:. ' i ought 70 De The source OF great benc-
its Gulf port OF Guacicalcas is nearer by nearly
enc terminus or the road, Mexico is spending some
slyjUg g on me roads Cuff port Steamship men
are alive 10 this opportunity and, therefore, New
ULlea i VIII soon have e line 10 this new and
The work on the Panama Canal will necessitate
re craving largely on her heavier industries.
Of hk large undertakings in this and contiguous
territory, mere particularly his greatest the Pan
e the nearest and best eaupped plant to whic 5 hs
can apply in emergencies for iron and steel cast
pair work. It is that Of the Schwartz Foundry
Company, Limited, Moses Schwartz. president;
William Adler. vice-president, and VI. G. We'll sec
fetsTy and treasurer 1t was founded in 1926 and
Sany took it over in iSa5 Its sold one TWO and
three story brick structures, with their numerous
yards, cover the city block bounded by Howard
ave and Constance. Tchoupitouas and St. Joseph
Ets.. through the last Of which the track of the
which insure excellent shipping facilities.
sugsr mills in the world have been built here-for
mill machinery FOR the Gulf States, besides making
STRUCTURAL iron and doing every description OF re
some two hundred TO three hundred hands II re-
pairs steam vessels and buys them. too to break
thousands Of tons of scrap iron: uses the east
6nc Sips away ne rest II IS large handler Of
same
Thoroughly equipped with modern machinery, in
is several departments may be seen great variety
Of work IN all stages of progress IN the black
smith and forge department. which runs seven
fires ana YIELDS all sizes OF shafts the bolt and
SSI't,ne n me boiler maaking ana pipe fitting;
that viii take 4e-foot shaft. and where any kind
'iEg where every kind and size Of casting Is made
ana ia which there are three cupolds with ca
boring" where sugar rollers of the largest dinen-
siens are bored. and where huge hydraulic presses
into said rollers: in the iron and steel where an
Immense stock OF ali sizes and iescrfptions this is
probably the only Mace in his region where the
Panama Canal could Immediately get needed sup
plies in this line Of iron and steel and nearly all
sizes Of steel plates and sheets and structural IRON
~ al these are TO be seen the greatest activity.
ara all are equipped to quickly meet almost all
The supply store No. eC9 TO 900 Tchoupitoulas-st,
stock; valves Of all kinds, from !. y inch; iron
goods: boiler INJURIES wrought iron 3pe from rs
men TO lS-inch: iron and brass fittings bolts, nuts
al kinds Of Insci;;,i e-5; t tI ana @
pipes and steam pumps. engines and boilers. Five
other warehouses ana yards are required for the
serve stock Of this supply store. This stock has
been selected with the knowledge born of long
es'S o. e1pSTe4ce IN supplying large extended
Judgment Of master workman
hEW-oRLEANs BANKING FACILITIES.
New-Orleans is amply provided with banking
faculties 10 handle her great export and domestic
trace and requires less help than formerly from
The Eastern money centres. the bulk of her cotton
2 she other great staples being financed here In
i ner nineteen banks and trust companies there is
little Eastern foreign capital interested. In
r rsrest rates range generally from per cent 70
ss s0e fourteen 3 Of the Neworleans banks are
rs c,qtea n the New-Orleans Clearing House, and
thriving iS
~ tto.o"ing comparative statements obtained
York balances Of these banks are much heavier
taan IN former years:
NEW YORK EXCHANGE
Is 5s'a "Oy 2S G 19o' Nos 81 81 O 5S0'
LIABILITIES TO BANKS AND BANKERS
1's s 59oa 5ss $40 l35s 20 59o'
Cotton explains hYures
Tia following shows the business Improvement:
WEEKLY LOANS AND DISCOUNTS.
e g. 1892 So $50 225 1sos Nos . .Is aSS
The capital on which Ncw-orleans does business
here SHOWN:
DzPosTTs-INDIvIDUAI. AND BANKS AND BANK
No: a 1902 H %ss' so i21 la NOV. ,7sn 1904
20 s4s.5og 300 so @9s4oo
me business Of the three years is shown in the
BANK CLEARINGS.
Sc Sist 1902 Oct Dist 1903. Oct 8lst 1900
S''''<4aVsl SOL, 80. 575 S965. 429. id2
4 REPRESENTATIVE BANK.
me largest Of the .Sew-Orleans banks is che
-Hoefnia Bank and Trust Company This IS
consolidation Of the Hilerna National Bank and
De southern Trust and Banking Company, insti-
0uons which long enjoyed the confidence and a
considerable share Of The patronage Of the New
leans business community. IL has retained TINS
eoLhdenee, and has gained greatly in the extent