The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-01-01
WHOLE COUNTRY
HAS PROSPERED
maintained upon the very satisfaction
basis of last year.
Great Volume Of Business.
CONTINUED from First page)

Great volume OF buSllleSS.
The gross and net earnings OF the rail-
roads of the country, as FAR as COM
plete returns have been made. also indi-
cate the great volume OF business done
during the ten months OF the year end
ing october 31st, showing. as they do.
for those months an Increase OF nearly
sS4,OCo.01o In gross and more than s2S,-
100000 in net earnings over those for
similar period in 1901.
All of these favorable indices when
taken in connection with the fact that Il
number OF successive years of great pros
perity preceded the present year. ana
also with the fact that there has been
a marked exemption from reckless specn-s
lation. SO often incident to times of great
prosperity. point to most healthy condi-
tons in the country at large.
These general conditions should be re-
Elected to n greater or less extent in all
sections. SO that when, as Is the case
with Richmond, their beneficent influences
are added to great natural and developed
resources and facilities the cumulative
effect in any community should be of II
pronounced character.
Accordingly, Rchmond's balance sheet
OF the present years business will GER
4
flying.
The statistical statements for the period
under review are not as yet completed.
but all indicatioms point to an Increase
in our jobbing trade of per cent. over
the sales of last year, which amounted
to about fltty-one million dollars; to an
enlarged output of our manufacturing en-
terprises, approAImatlng about II per
cent. more IN value than that OF last
year, which was nearly sixtS-one mil
lion dollars; and to proportionato In
crease in the number OF new Industries
established and hands employed. The
bank cleGrances for the year will also
show n like percentage OF increase APP
nroximately 81-2 per cent. over the clear
4nnces or 1904. which, I'M round numbers,
were two hundred and thrty-ninc mil
lion dollars. These clehrances not only
tend to confirm the foregoing statements
relative to the trade and industries os
the community, but also indicate the
growing business and prosperity of our
financial institutions.
Postofice receipts for 1865, exceeding
those of the previous year over IS per
cent, add another significant index OF
enlarged transactions, And tho notable
absence Of failures and splendid credit
record OF tho past twelve months gives
conditions Of the business interests of
the community.
Under such favorable circumstances it
is by no means surprising that evidences
appear on I'LL sides of substantial growth
and prosperity.
Expansion Necessary.
The active sales Of land for town lots
in a number of soutlylng districts, and
,,,o,,,,t pf hui1dinE. eV1enCpS nOt
only an accumulation of money for in
yestment but Il substantial INCREASE OF
incubation, and emphasizes the neces-
sity for material expansion of our city
limits, so often advocated by this cham
Der. In connection with the subject or
building, among a number of important
structures IN progress or contemplation.
it is especially gratifying to note inc
practical completion Of the mucli-needed