The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-01-01

E aslSsEs
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chewing, smoking. cigars, cigarettes
snuf and tobacco extract, mill rolls. man
ganese, barytes, blank books, stationery
publishing house publications, oarrelr,
casks and hogsheads, clothing and over
alls, mineral water and bottled goods,
package coffee. baking powder, corntce
and sheet metal work, harness and sad
dies, tonrbstones, furniture. mattresses,
wornans wearing apparel. millinery, cast
iron pipe, cigarette machines, foundry
products, plows. castings carriages. bug
giles. wagons and carts, candy ana con-
fections, bark extract. bread. cotton piece
goods. hosiery and textiles, flour and corn
meal. bran and shipstuns, lounges, sofas
and settees, ice, picture frames ana WIN
dow shades, shoes, peanuts and popcorn,
dyeing materials and fertilizers
From carefully complied figures, Sc
of the Lynchburg Board of Trade. the
following exhibit of the business OF the
city is made for the past year:
Capital employed in manufacturing
plants. a,6o4740.
Annual payroll. s1,4seols
Value of manufacturing plants, s2,S35,-
Total OUTPUT for the year. s1242S,o19,
an increase of about 100000 when conr.
pared with a similar statement secured
four years ago.
That the city is gaining prestige in the
snoe business is shown by the fact that
the two factories are unable to keep UP
with the great demand for their output.
Smith Briscoe Company. which has been
jobbing shoes. is having excavations
made for big factory for mems, shoes;
George ID. Witt Company VIII pegin ne
erection of second factory early in the
spring, plans for the building having al
ready been drawn. and ii is known that
the draddock-Terry Company has IN
contemplation another large factory TO
be in operation ere this time III 1906. In
addition to this the Lynchburg Shoe Com
pany has purchased q site and VIII make
their own shoes in another year or two.
Aside from this, there are well founded
rumors atloat that Lynchburg is attract
ing the attention of Eastern shoe makers
as a suitable point for the location of
new factories, and there seems to be no
doubt but within the next year Lynch
burg. the sixth shoe market OF the United
States, will become the shoe metropolis
of the South.
The cast-iron pipe business. in which
the Lynchburg Pipe Foundry and the
Glamorgan Pipe Works are engaged. is
established beyond doubt. as the pro
duct OF these two large plants are sold
in every State in the Union.
During the year the city has made
great strides IN public improvements,
some $4,000 having been expended alone
on pernanent street improvements. Next
wear this amount will be nearly doubled.
A new school building costing $4,000 has
been provided for in Rivermont, and a
new fire station. Company No. .. has
been opened there with modern equip
ment during the present week. One OF
the most noticeable reforms of the year
has been In the Street Cleaning Depart
nrent, the force having been more than
doubled and the streets kept in better
condition than ever before.
The work on the new gravity water
system which is to cost more than a
half million dollars. is about half COM
pleted.
During the year the building permits
issued in the city show Il grand total OF
SsT2325. while a conservative estimate of
the cost of new structures in the innne-
diate suburbs place the amount at $500,
coo. The class of building erected during
the year is far ahead of anything ever
before seen in the city. The outlook for
1906 is brighter than it was last year
many of the contractors claiming there
is every reason to believe the results Will
exceed those of 1905.
The Southern Bell Telephone Company
is lust completing the installation of a
new underground metallic central energy
system of telephones, which, when com
pleted, will represent an outlay OF S2oo,oc
The Lynchburg Traction and llg5la
| Company has completed at Reusens, sew
eral miles above the city on the James
river. a water power plant, which has
| cost nearly $4,000.
The work on the new Y NJ. G. A. has
| been commenced with fund OF sS,V
| in hand to complete and equip 1t.
! The Southern Fire Insurance Company
| with a capitalization of $4,000. produce
| of the year. is doing splendid business
| and the promoters of the American Ma
| tional Life Insurance Company. which
| will be limited to $4,000, will begin busi
ness shortly after the opening of the new
year, with $4,000 OF It's stock sold at
premium.
Company has been organized, and. 1t Is
said will soon be ready to begin work
on its plant in the southern portion oil
the city. The Iirise Banking ana Office
heavenward at Ninth and Main streets
will be ready for occupancy in January.
From the last published statement OF
| the five national and one State banks
| of the city, the following statement !:
shown:
| Combined capital stock, s1,2o0,00o.
| Surplus $4,000.
| Undivided profits, sllo,4i5.
| Total deposits. s6,3iSA1
| Loans and discounts, SI,183,l1+.
| The deposits in the past ten years SHOW
| an increase of $S9l2,S57, and in the las
| ten months of $725,2S0.
| The railways have enjoyed great pros
| perity during the year both the freigh
| and passenger business of all the road!
| being larger than ever before. Durnt
/ the year ending July LIST there were solo
| 325. 500 tickets out of the city.
| One of the achievements of the yea
| has been the fact that every cent on al
| assessment of about 100000 of real es
| tate for city purposes has been collected
condition that probably has never be
/ fore existed in the South.
ALEXANDRIA.