The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-01-01

equipment ana capacity by the construc-
ton of fve-story addition. A large
force has been steadily employed there.
and the output has increased during the
year.
The Tredegar Works never make any
unnecessary publicity as 20 their opera
tons. but have been working steadily an
the year and employing all the desirable
force il could secure. Its year has been
"a very prosperous one IN every way
The Richmond Forgings Corporation. a
new Industry. found f. necessary TO double
ITS capital during the first six months
OF operation. and Is getting all the orders
II can hil. ard even more. The same Is
true OF tho stove manufactures. tho cast
lnss plants. the machine shops and an
phases Of iron manufacture.
The Commercial Life
of the City Expands
Tho commercial life OF the city has
made quite as remarkable strides as its
manufacturing interests and nerhans oven
greater. Richmond a. n distributing con-
ire for % large section % states. and IN
many lines for a large portion Of the
south. is strengthening It's hold upon
JUS own supremacy and is distancing ri
Vals
Allied with and necessarily important IN
the commercial life Of the city f. Its
banking and financial institutions These
have always stood high IN the south and
the city has long enjOved an enviable rep
ntauon for the stability and strength 81
IT'S banks and the conservative Progress
iFeness OF their management. having ha3
Fewer defaicauons. failures or emharrass-
-nrrts than almost any city oT its poptll.-
ton and wealth in the country An ~,
them have paid dividends during the wear
ranging from or TO 70 per cent. am
nraliy. and IN at least one case the cap
it4l has been almost doubled The First
National has increased its capital from
N'""o 20 100000. and is paving large
dividends on the greater sum. The South
rin interstate Bank has 1ceiE operations
and IS paying dividend and doing a
satisfactory business. The Common
wealth Bank. which has just begun bust
ness. paid a handsome semi-annuaI diti-
dcnd lust as Well as the Oldest and lars-
est and promises 90 become one of the
strong institutions of the city.
The Bank of Richmond will in a few
days increase its capital from $50 0o0
90 one million dollars. and has just moved
into one of the handsomest banking
houses In the South. Other banks have
improved their banking houses and added
improved furniture and fixtures.
The commercial life Of tie city. 50
varied and widespread as to defy spe-
c.alizauon. has closed a year OK pne-
nomtuai BrowCh ana prosperity The
capital invested IN the jObbing trade alone
las increased S650coO0 during The year.
, or mora than doubled ,,.f,,.~ .f..... en-,
rleo0o i'm I'M Tho e,lcs ~ 3D.. -. d..
tho Richmond iohber. a,.,res,,,.,l -,
Tia, si,,,, ro,l5o,, '''oI0
tended into far distant States Additional
''--, il que u'.iE Sent "ut ana me-"
No.'S''i''uF oieneo up 10 me
vi "i'''''rI Mace IN hich-
mon" "i""l oe stamped upon articles
s''N ID" over TINS ana foreign countries
9.'-T7 or Efooeiies' liquors. exc, lead tue
boots tbrd and Grv oo5" ' e9 'g go,l ",s
next on the llst in the amount of capital
.l'" ~ annual s'..rs' ih lAe
9l-' '''','"5 ulue inc caliLu invested
- I.i'''." .ii" " i"'l, "ito ',e