The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-01-01
Wonderful Advances are
Made During the Year
in All Lines.
OUTLOOK BRIGHTER
IN CITY'S HISTORY
Every Indication That the New
Twelve Months Will Witness
Unprecedented Develop
ment in Every De
partnent Of
Trade.

with a year OF uncommon prosperity
and notable achievement In every depart
ment of business and enterprise just
closed, the city of Richmond to-day en-
joys condition OF almost unoxampled
material welfare. and at the dawn of II
new twelve-monts faces Il prospect
increasing success.
Flourishing In an era of unprecedented
prosperity that had its beginnings long
months ago, and that las gradually
spread embracing the entire country
within its bountiful grasp, Richmond has
tanned an enviable position in the very
forefront of the modern quick-step OF
commercial progress and Is enabled at
this season. when established records are
held up for review and plans for the fu-
ture are projected, to press onward sat
isficd of the past and confident OF the
future. Banks and business houses gem
orally, manufacturers and jobbers, nu-
nicipal and private enterprises, were
never more flourishing, and along with
this material advance has gone hand in
hand that intellectual Improvement and
moral development which lie ut the b;lse
of genuine civic success in every form.
More significant than even this goodly
share of general and widespread pros
perity that came. as it were, unsoughi.
Is a new spirit Of enterprise and mod
ernity, an awakening to vast opportu-
mites that means an end for all time of
the lethargic STATE that has upon oec.,-
sions allowed golden chances to slip un-
needed by, or that has permitted to exist
conditions not favorable to the best In
terests of the city. Business men are
aroused as never before TO the vital need
of municipal advertising. Improvement OF
railroad facilities and intet-reiadonsr.p
among the now widely separated sections
of the State, and behind the business men
are standing the great body of citizens.
lending every aid. moral and material. to
the new progressive movement.
The Elements of Success.
1t is common ut the New Year season
to cast about for signs of success, avoid
ing the bad and choosing the good and
accepting and bestowing felicitations
whether there is genuine cause for them
or not. The strain of preserving truth
and pleasantly at the same moment is
not uncommonly rather great. There is
this time. however, no need for romance
beyond the matter-of- fact romance OF
figures pointing to actual conditions In
the statement that Richmond stands to-
day upon II position of proud eminence.
with vision of set greater prosperity
before her Is only most patent truth
put into very inadequate words. Figures
in detail. with the reasonable deductions
drawn from them, are given elsewhere.
and the showing there made is crafty
ING In all respects and amazing in some.
The jobbing trade will show an increase
of seven or eight per cent. over the saies
OF last year. which amounted to about
$51. 100000.
Tho output of the various manufacture
ing enterprises has increased about twelve
per. cent. ovet. the SCI .000,0o OF last Year.
Tho bank ciearinss ere nearly nine per
cent. over the c!earances OF 1904. which
amounted to nearly $3.50, 600 900. TIE
postoffiee receipts are more than thirteen
per cent. greater, and assurance is given
that the internal revenue receipts will
make q good showing. Many new indus
tries have been established. and there has
been a remarkable building boom in the
residential quarter of the city. .isplenditt
ditrecord has been established. There
las been u notable absence or failures.
prosperous Bank deposits show an in-
crease of S2,540,112; assets, S3,o1S,Sl1;;
capital stock, sto6,a75; surplus and uudi-
v.ded profits, s2o4.-9s,
To Extend Territory.
Among the happy angurs of the future.
after this solid foundation OF present
prosperity is considered. may be ,net-s
toned as OF chief note. and greatest
promise the recent manifestations of Is
on the part of Influential
business men TO mako for the city the
most OF what lies before, il, and while
tho prestige of tho Capital Of s
Virginia, to extend and improve by every
means possible the avenues and oppor-5
tunitcs OF trade and commerce that viii
at once reflect benefit upon themselves.
This movement has taken shape most
iii the project for u fstlte
fur 10 lr held here. beginning next
tal--a great central exchange that vii!
gather the entire population IN Rich
mond, advertise the almost bountilcsn.8;
but now scarcely known, resources OF The
Old Dominion TO the world. nnd draw
into intimate association the East ard
tho West. the North and the South.
tho farmer fronl his field and the city
from his store. Important re-
suits may, and doubtless Will. flow from
this exhibition. II will become the unir
around which all Nlrgintans will gather.
seeking their own graatel good onlss
through the enhancement OF tic old!
States name. More local In character.
but not less Significant in It's waS. Is
Inc recently organized association OF
Richmond merchants formed for the ex-
oress purpose OF building up tho trade
md elepatlns tho standard uadec which
/ is conducted. Here again cooI-hcaded
BUSINESS men, not easily surrendsr:ng
heir better Judgment 70 an irspss.iia.a
dream. arc at wosE. and what thcs
'eo in thu now awakening Others mad