The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-07-23

X81 feet. This VIII supply an enor-
5o;s amount OF low-priced power.
Which. with cheap transportation, will
X<iIi further enhance the manufacture
1nk interests, the productc OF which
xnadunt to sic, oo0.eo0 annually. The
pDrtson of this development already
Eonspleted supplies about $4,000 horse
HcWcr. and this Is only preliminary
M development which will give
etershurg advantages shared by few
ttttes Ia the country.
retersbufgs banking institutions
&Ave always been a most substantial
Ncfpr III her growth and develop
mont. They have been couseryatively
%hna iibcraily managed 10y men of
marked financial ability and OF the
highest reputation for integrity. There
b are six banking institutions in the
city. with combined capital stock
#aaad surplus of nearly 100000.
HHhiie their deposits in flush times OK
Hted more than SIS, eco. Gee, -Four OF
/ these banks occupy handsomely ap-
! 1,ptnted quarters in the heart Of the
e Business district on Sycamore street
Biggest Trunk Factory.
A. n trunk manufacturing center
Il PETERSBURG occupies a most cpnsptcu-
Jas position, having the largest fac
tDry " this kind ~ the world. The
/ FACTOR employs more than l,o0o hands
/ 4nd sells its products IN ali parts OF
ahe hahttable globe. Four other trunk
xa yforjes located In the city also do Il
b large business and contribute much
4 10 its commercial Importance.
- Petersburg chains r1aorc paved streets
TOR Its size than any other city IN the
EfsfAse. and Ii has figures to prove the
claim, its citizens say, The city Is
H1so well supplied with sewerage and
water mains, and additional improve
,nents are In contemplation.
Improving the Highways.
An item Of no small consequence
Ha1x development OF the city If the fact
A4hat practically all the highways lead
Ing to town are being improved and
4 placed in a class with the best roads In
The country. Special attention is now
EbesnE paid to the old Beydton plank
ETuad and to Cox's road, running in
ENTHUSIASTICALLY and westwardiy
directipn, respectively. from the city
ind penetrating rich agricultural see
4ions II ts proposed to gravel the
B0ydton road as far as Nottoway
kfixer, distance Of thirty miles out
from the city, and nearly half of this
$W1Tk has been already completed, the
[Nurk having been started on The out
6k4rts of the city. Coxs road has been
Myaveled for nearly ten miles out and
both roads resemble model highways
olong the improved sections. with
Rfehmond the city is connected by q
furnpfke that affords the very best
M travel for farmers and teamsters
bringing their products to market. The
Improved roads are especially a Joy
~ the aatomohilists who abound IN
AFge numbers In the Cockade city.
she autoists are great enthusiasts
Fhen 1t comes to question OF Food
eOads, and never fail To lend their
Energies and hearty support. both
1nAnciai and otherwise, toward such
good cause.
Reduce Tax Rate.
Statisticians are now at work com
batting the realty values of Petersburg,
srid Ill is believed that the total viii
nxyf be far from the twelve million
mark. This will be a remarkable show
lie In view of the fact that the tax
TBIe realty values were placed at eight
million two years ago. AT that time
Niue city rate was $40 on the 800.
*Mnn with the increase valuations 1t is
kfegartied as extremely likely That the
nresent rate will be reduced.
ss5 The bonded debt Of the city is linn
tked BY its charter to "a per cent. OF
EI4lae assessed value OF It's taxable real
ntate.
Building operations In Petersburg
lave been especially marked during
E&he present year. and II is estimated
LX53At between 100000 and se0t.0O0 Will
ENa spent during the year in such i'm |
#&hc new seyen-story skyscraper which |
Exf,e Petersburg Benevolent Mechan- |
#1xe Association will erect at Sycamore |
E&nd Tabb streets Work on this build
&nH will begin in the course OF the
En<xt month, and IL viii cost more than
1lep0a0. The building viii be de-
Nated TO office and store purposes.
stores Going Up.
Or III, G. Leigh is putting up three
&aOEern store buildings on Sycamore
Sfreet near the Chesterfield hotel and
- II expected they Will be ready Tor
NxeHpancy by the early fall. The gov
%{ninent In recent months has spent
Nnward of $4,000 in remodeling the
nv post -office building and the struc-
are now presents "a most imposing
21,pAarance, being fully twice as spa
3}one and coinmodious as the old
$uflding
Activity In residential building Is
S1So very noticeable Mr.. y. Henley
HHrner, one of the most enterprising
MD progressive Petersburgers OF the
ounrer school, will begin work
horrly on a $4,000 handsome resi-
ence on Carroll avenue. Mr.. James
f3 Euthbert, equally as enterprlsing,
= having plans drawn for a $4,000
Seidence at Marvin avenue and Bat
S6rx Place. Both these young men
Se offfcerx OF the realty Arm OF Pyle
s1so.. which makes specially of SUI
nrban, farm and timber properties
f3tiier residents who are either plan
NJ homes or are now erecting them
- NJ follows. c. G. Brown, frame
Std4nce on Carroll avenue, $4,000;
<fies ID. Branch. residence near
exzsdaia Park; r. Randolph Jones,
nneaiow near Country Club; w. W.
N3n<s. brick home on sycamore street
ppOsste the park. 70 cost $1,000.
Bungalow Completed.
Major Perkins has completed a
tsngalow at Ferndale and Fred Cole
ae Just occupied a new $1,000 home
MSNest Washington street. The
xn.0e1 grammar schools are being
StActed. one on Washington near West
feat and the other on Washington
1T Jones street. They Will he ready
\ ME fall.
I'D the credit Of the Chamber Of
<e3xsfi4rrce of Petersburg Is due much
i'll material and Industrial deTel- !
1ment In recent years. In fact. 1t
aenersily conceded that a new spi-
has been created In Petersburg
~ tho Chamber OF Commerce. More
~, the concrete evidences OF the
81 cf1 a w har a NUMEROUS