The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-01-11
GURO0N IS MADE
HEAD Of CHAMBER
CONTINUED from First Page.)

IItIIu tnht Jul LIdit ana CCIuI1GTCc IL Idl
from being local In its character. Year
by year 1t extends itself more and more
throughout the nation and into foreign
countries. Again, our own growth Is best
understood by seeing how We maintain
our relation. in that respect. to the coun.
try as q whole.
STATISTICS OF RICHMOND.
In this connection the subjoined figures
are submitted with satisfaction:
Thc output of our manufactures for
1906 was s77.432,ss for 1905, sss, 21, s54
for 1895, S32y025,cnO.
The increase OF 1906 over 1905 was 50, 231,-
33s, or 1852 per cent; the increase OF
1906 over 1886 was si5, 400, So, or l41. Is pei
cent.
Sales OF our jobbing trade for 1906
were ssl.52t,25; for 1905, >oa-o32.971; for
1895. 3O.lSo,524.
The increase OF 1906 over 1905 was ss,441,.
20i, or 1859 per cent. the Increase Of 1905
over 1895 was s31. 334,751, or 1913 pei
cent.
The bank loans for 1906 were $40, $50. 75s;
for 1905, so5. 4e ,sB1: for 1895. 81, $3.50.
Thu increase OF 1875 over 1905 WIGS 49,
SS5,6S7, or 14.n per cent: the Increase OF
1906 over 1895 was SIS, 391, 1888, or 154.5S per
cent.
! Bank deposits In 1906 were 1872 17,574
in 1905, s29.77s.794; in 1895. Ss,91s,s1s.
Increase in 1906 over 1905 was 2,237. $50,
or 7.51 per cent. increase in 1906 over 1896
was sl4,oes. bs, or 1856 per cent.
Bank capital in 1906 was s5.117.12o; in
1905. S5,17S,O3O; in 1885, s3,1A,15o.
Increase in 1906 over 1905 was s53e.D0.
or 104 per cent; increase in 1906 over
1895 was s2,572,S7o or S1.s0 per cent
Surplus and undivided profits in 1906
were a,se4,ae4; in 1906. a.222,9H; In 1885.
2.442, 45.
Increase in 1905 over 1906 was SAT, 300. or
Ills per cent; increase in 1906 over 1885
was s2,251,ss. or go. 10 per cent.
Bank ~clearances in 1905 were s3o3,437.-
20: in 1905, $3.50, s9s, 233; in 1895, s121.-
$751; so.
Increase in 1905 over 1909 was :4s, 1887 L.
or 1910 per cent; increase In 1906 over 1880
was slsl.sa o 40, or 1864 per cent.
Note-Bank c~learances in Richmond
increased for the year 1906, 1910 per
cent; in the whole country for 1906, II
| per cent.
Output of Richmond manufactured pro-
ducts showed an increase in 1905 over
1895 OF il3 per cent. while the average
of increase for the whole country during
hat period was only 45 per cent.
! am satisfied the figures will show
that Richmond more thar maintained
this relative increase for 1906 over 1908,
as compared to the average increase for
the whole country for that period.
notwithstanding this gratifying expan-
sion In business. Involving large bank
loans and other forms OF credit, the COM
mercial agencies p failures In Rich
mond In 1906 to be SO small that they
need not be taken into consideration.
The report then gives in detail the off,
cial post-office statistics recently pub
lished in this paper. inc proceeds:
These tables establish beyond question
the gratifying fact of Richmond's rapid
and substantial growth. They are the
outcome of great natural advantages, uti-
lized by enterprise and saeacity. They
constitute our city's best form of adver-
usement. offering strong inducement to
labor and capital alike to locate here.
The appropriation of the general gov
eminent, mentioned above, for enlargipg
our post-offlce building or erecting a now
one, for which the Chamber worked long
and earnestly. Is most urgently needed
already. and If the present ratio of In
crease In the business Of our post-ofice
be maintained. the extension of tho build
ing to Eleventh Street, so as to cover the
entire block, may in q few years be an
equally urgent necessity.
BUSINESS OF RICHMOND INSURANCE.
COMPANIES.
Total business during the wear 1905 or
life and fire insurance companies owned
by the people of Richmond, and whose
home offices are located In Richmond.
SHOWS an income of So, 66S, 500. These fig
ures exceed thei Incomes of similar COM
panies of the States of North Carolina.
South Carolina, Georgia, Floridn, Alabama.
Mississippi n Arkansas, combined. They
also exceed the incomes Of similar com
panfes located In the States of Louisiana.
Kentucky, Arkansas, Texas and West
Virginia, combined.
These figures n comparisons speak for
themselves. NO comment Is needed. I
am Indebted to Mr.. Robert Lecky. Jr..
for this report on the business of Rich
nond home Insurance Companies" It
is TO be regretted that I am Unable to
report this evening the total income OF
foreign insurance companies, received
through their offices located in Richmond.
SHIPPING FACILITIES AND coNGEs-
TON OF FREIGHT.
inc business Of Richmond has oute1nu,n
alike Its shipping facilities and labor
supply. In respect to freight, there ex-
lists an urgent need for larger depot ac-
tcommodatlons for package shipments and
greater track facilities for carload ship
ments. This applies equally To outgoing
~ HA q IS LTdIlC tDurGuu
department of he chamber is pressing
this subject on the railroad authorities.
and has secured partial relief-with the
promise on the part Of two Of the roads
of permanent improvements of sufficient
magnitude to afford complete relief.
The manufacturers Of the city arc work.
Ing industriously to perfect a plan for
the correction of the deficit now existing
in our labor supply.
SHIPMENTS DELAYED IN TRANSIT.
In addition to the congestion Of freight
at depots, etc., the delay In shipments
en- route has proved q most serious i'm
pediment to business, especially to inter-
state business. To this subject Mr.. T. p.
Giles and Mr.. John Donnan have given
most searching investigation, Tho re-
suits of which appear to be almost in
credible. From a number Of shipments.
which were carefully tabulated, SO as TO
avoid extreme cases, the average speed
made by shipments In less than carload
lots In the field of their investigation
scarcely equal that made bv Wagon, rains
and ana boats. In the days when rail-
roads We're in their infancy. To correct
this trouble, n movement has been set
gu foot by those gentlemen which ia ax-