The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-09-21
CITY'S GAIN
TRADE BOARD PUBLISHES
BOOK ON NEWARK.
Summarizes Industrial and Financial
Strengthen Getting Bay Shore
Front and Meadow Land.

OF the valuable series Of year books
issued under the auspices of the Board of
Trade and compiled and published by
James NJ. Reilly, secretary of the board,
the issue this year exceeds in information
and material all its predecessors. The
volume contains 1876 pages, outside of the
CLASSIFIED directory of members, and these
pages compose a lexicon of the eity's in
d%ustrial, commercial and mercantile
wealth. Much of the information is in the
condensed and easily available form of
tables, which are brought up to the latest
possible period. AS a manufacturing city
we are in the front ranks.
The book containsN a statistical sum-
mary of the city that is extremely valu-
able. so much so hat 1t would be an aid
to good citizenship If a copy thereof could
be placed in the possession of every voter
in the city. Every pertinent fact in the
city government or of its physical makeup
is set forth with a lucidity and terseness
that is admirable. The annual report of
the secretary to the board also contains
much of interest to people interested In
the progressive movements of the city.
Under the heading of Statistics Sec
rotary Reilly says he has endeayored to
group together tabulated matter in such
form as to permit the reader to grasp the
relative importance of the various features
of city government, its manufacturing,
commercial and Industrial interests. With
ont attempting to analyze these, 1t may be
said that the t~hirty-six pages devoted to
this purpose will prove of more practical
availability than the census reports. The
tables are comprehensive, may be referred
to with the ease of an index, and have in
condensed form the latest figures on about
everything the average Newarker will want
to know.
The statistical tables afford an excellent
means for quickly ascertaining the growth
of the city during the remarkably prosper
Gus period intervening since 1900. In
actual population, the book shows the city
has grown from 264, 900 to 300, 900. In the
value Of manufa ctured products the fac
tories Of the city have created wealth to
the value Of SIZE, 900, 000 as compared with
a total of $101. 476, $50 in 1900. In real estate
valuations the increase is still more strik-
ing. In 1900 the total valuations of real
estate were Sill, 979, 904. This year the total
Is $239, S1 1926, or a grand total with per-
sonal valuations of 1894, 9o3, $50. In 1900
there were 1OaN miles Of paved streets; this
year the figures have grown to ITO. OF
mapped streets the city now has 266 miles
as compared with 206 in 1900.
The increase in wage earnings is shown
by the book to approximate 100 per cent.
since 1900, the grand total of the army of
workers now being 0 1896. The wages paid
last year to these workers aggregated the
great total of $30,f45, 626, as compared with
$26, s57, 40 paid in 1900. There are today 232
distinct classes OF manufacturing establish
ments, and forty-f1ve of these establish
ments produce more than 100000 of manu-
featured goods each year. The book
shows that in the one item Of the value of
its manufactures the city of Newark ranks
ahead of thirty States and is eleventh in
line for the whole United States.
The tables showing the volume of trans
portation by river and railroad also fur
nish valuable food for comparison. There
were 1853, 116 cars of freight delivered here.
equal to 1884, TAI tons. OF freight shipped
by railroad there were 1862 cars, or STA, $50
tons. BY river the aggregate tonnage of
freight carried was 2,091, 1888 tons.
During 1906 the city exported goods
valued at 1885, 036 and imported $3,526, 996.
These figures apply to goods brought here
chiefly from English, continental and
South American ports, and the shipments
made direct from the factories to foreign
countries. Many of the factories have
their selling departments in New York,
and the total of actual exports from the
city, therefore. does not appear.
Under the caption Financial is this
information: Numbe of national banks,
seven; resources, SAG, sos, $685.; deposits, $685.
149. FOG. Trust companies, five; resources,
$35, 1873, 722; deposits. $23,6 51, 217; depositors,
24,84O. Savings banks. five; resources. $685.
O75, 617; deposits. $50, 7OS, 246; depositors, 3d.
GA. Building and loan associations, 1903;
assets, SIS, AGA, 1926; yearly receipts, $10,92l,- |
436; shareholders. 31,046. Aggregate total
deposits, sos, 430, sos; resources, $13O,SSS,S3
Aggregate total outgoing bank clearings
for 1906. $457, 1897, 344.
Municipal valuations are given as total
ing, 1884, 900, $780,, of which $3.50, S01, o25 repre-
sents real estate and $47, 749, 229 personally.
The value of city property is placed at
$50, 900, 900. The city's bonded debt is given
as $40, $685. 900; water supply debt -s1l,95i,co,
making a total bonded Indebtedness OF
So, 925, 900. AS IN offset there is a sinking
fund of s7,O59, 902, leaving a net indebted
ness of Sic, S65, 1887.
The importance of Passaic River traffic
is shown by these figures: Aggregate tom
mage Of freights carried during the year,
2~,091,S3S. estimated value, Sl62, 745,069. AS
having a bearing on transportation by
water the following excerpts from the
thirty-ninth annual report of the board of
directors, which is printed In full, are
given;
THE meadow property within the city
of Newark holds out a golden opportunity
and today is the opportune time for the
commencement of a movement to secure
control and ownership of all the bay shore
frontage and all the meadow land neces-
sary for the carrying out of a compre-
hensive plan of dock ownership.
The value of water frontage can best be
stated in a brief comparison drawn be-
tween the cost of rail delivery and winter
delivery. 1t is asserted on good authority
that the same quantity of coal required to
carry 1000 tons of freight by rail at the
rate of eighteen miles an hour would drive
a steamboat at the same rate carrying
10 400 TONS"