The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-06-15
SATURDAY, JUNE Is, 1907.
RICIIMOND's CIR EETING TO THE
EDITORS,

RICHMOND'S GREETING TO THE
EDITORS.
Richmond is happy to entertain the
members Of the National Editorial AS
ISOLATION, and proud to show them her
Industrial, commercial and financial in
stitutions, her hotels, her schools, her
churches, and her homes. Sho Is proud
Of her history, proud to have been the
Capital Of the Confederacy, proud to
be the Capital Of Virginia, but Rich
mond is not living in the past, and Is
not satisfied to rest upon her honors
and her prestige. She is O live, throb-
bling, nervous city, and in this respect
claims to be somewhat unique, as State
capitals are not usually renowned for
any thing else. Richmond is tho largest
city in Virginia, and ranks with the
largest cities IN the South. She also
ranks with the most important indus
trial. commercial and financial centres
Of the South. Her progress during the
decade from 1895 to 1905 is indicated in
the following statistical statements:
Manufactures for 1905, ses,2O1,s54;
for 1895, s32.o26, 900: increase. 113 pcr
rent. The average Of increase for the
whole country was only forty-flve per
cent.
Jobbing trade for 1905. s55.os2.971;
TOR 1895, $30.lS9, 1874; increase, eighty
two per cent.
From the last bank statements. In
the years above refcrred to, made re-
spectlvely, November Q, 1905, and De-
:ember 10. 1895, the following figures
are adduced:
Bank loans, 1905, s26,4o3s91; 1895,
sf11. s97,590: increase, 122 per cent.
Bank deposits. 1906, s2o,779,7e4; 1895,
sS,91S,s18; increase. 234 per cent.
Bank capital, 1905, s5,17S,o30: 1895,
e3,144.750; increase. sixty-f1ve per cent.
Surplus and undivided proflts,' 1905,
s4.222,9o4; 1895, s2,442,4S6; increase,
scventy-two per cent.
Total assets, 1905. s42,o02,660; 1895,
Sl6.978.S67; increase. 14B per cent.
Bank clearnnces for 1905, $259.998,-
e33; for 1895. sl21. 545.7s0; increase, ia
per cent.
Assessed values Of the city were:
Real estate for 1906, s5l,S59,sS3; for
1886. s44,454.201; increase, Is Ia per
cent; personal property for 1906, $37,-
2lo.s69; for 1896, $1o,70o,4S2; increase,
elS nty-Hlnc per cent
The record for 1906 shows a marked
advance oyer. .that.of 1906. For exam
pie. bank clearings in 1906 were $685.
+ as7,21o against s25s.9es.23s in 1905.
The annual sales Of manufactured
E products in 1906 amounted to s77,4a2,.
& 692, against $6s,2O1.354 In 1905.
& Her jobbing trade In 1906 amounted
! to s6152i,275, against s55,oS2,971 in
1905.
And so on throughout the list.
Richmond has recently enlarged hel
borders, adding 5000 acres 10 her ter.
ritory, Increasing her population b,
from $4,000 to $4,000, and adding t.
her realty values property worth abou
x 81 100000. The money is now in hane
to make O survey of the new territory
and to add the usual city convenience
VIII now proceed under Intelligent al
rection, and the new part of the cit,
promises TO be more attractive thai
the old.
Richmond has just rebuilt he
famous Jefferson Hotel, which Is con
ceded to be one of the hanlsonlest an
best equipped in the United States, an
other handsome hotels have been en-
9tlarged within the year She has ais
lifted up commodious auditoriu,
building. large enough to accommodate
& great conventions. and claims a rIgl
to be ranked among the conventio
cities OF the country. Her recent CT
tertainment of the Southern Bapti.
Convention, aud of the United Cor
federate Veterans has demonstrnt,
her ability to provide adequate facil
ties and comforts for any organizatic
that may come here for Its annu,
meeting. Richmond hopes some day 1
" have the pleasure and honor of enter
raining the National Editorial Associa
Y ton.
During the year 1906 were con
pleted the Mutual Assurance Society
office building, the largest In the eli,
tho great Cathedral OF the sacro
Heart. one of the hhndsoihest cath.
drals In the United States; the secor
Baptist Church, the now Jefferson RI
tel, the new Murphy's Hotel, the Ba
OF Richmond Building, now shops I
i tho Locomotive Works and stores a,
n 1uctorioH Without number, Plans ha
"a also been accepted for a new Hi
School Building. and half a mill
\ ~ dollars Will soon have been raised
/. " tho enlargement OF Richmond Cole
When this has been done, " Is p