The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-03-31
PETERSBURG ON
The. APP MATTOX
CONTINUED From First Pare.)

WV as compared with $500. 600 In 1oos
IN increase OF ;2.3oo.0oo, or 81 nor
oehe. Thus tho Increase OF real estate
Snd personal property combined
so . to F.7oo.ooo. or OF per cent.
C'ty In Good Financial Condition.
Mr. Patterson. tho chairman or N,
c,hance Committee of the Petersburg
.y council. was a littlo reticent when
taIAed with him, but after being
suniciently pumped he disclosed some
interesting financial facts. He told ma
.uat Fetersburg'H bonded debt was last
ea, si'asb.ooo. Last year the city
PAD on this dobt S165.00o, and there
is sinking fund now In hand tbat
ptaot'caily reduces the oity's bonded
debt to $4,000.
Against this the real estate and mar
honai property really owned by the
CITY amounts to 100000 Under the
cnarter the oity has the right to Dor
row an much az 90 per cont. of tho
assoased values. which would amount
ss.db.ooo. and yet the city owes
more than $4,000 There fs not
oity In the United States that can
MAKO a better financial exhibit.
within tho past few yearu tho oitv
nus appropriated large Gums for inn
pFoVements to Sidewalks, roadwaya
aho sewers. II has a modern telephone
system. three daily newspapers and
Co parhe. inc petersburg Gas
company has greatly enlarged its
plant and extended its business and
ID installing larger pipes and improv-
ing It's service generally. Petersburg
owns II wnterwroks. and it's water
supply ranks very high in portability
nna purity. Recently the virginia
hallway and Power Company has en-
tered into a contract with tho civ 70
iurnieh electric power to distribute
tho city water at the rate of cent
por kilowat hour. which is tho lowest
Fate Tor such service ever secured By
any city in this country.
mo climate OF Petersburg and the
surrounding country la n feature that
is attracting many home-Boekcrs to
tho locality. With an average winter
temperature OF 30 degrees, spring and
autumn average of SO Cegrces and a
summer average of 10 degrees, this
section is free from tho extremes OF
heat ana cold.
General health conditions have
greatly improved within tho pact two
years. One sanitary inspector was
added TO tho force of the Health Do
partment, and an appropriation made
Tor tho erection of n contagious dis
cases hospital Health lava and regu-
iations arc moro strictly enforced thar
ever before In tho history of the city.
Since the ofrico OF Milk and Food In
hpector waB created in August 1909.
most satisfactory progress has been
made, both In the caro- and cleanli-
ness with which milk Is being pro-
duced and sold. The dairies now fur,
nishing milk TO the city compare fav.
orably with any others In the State.
there being come which soore 90 Der
cant.
Public Schools md Banks.
Relatively Petersburg is now better
equipped with public school facilities
than any other city In the State Dur
Ing the paat year two large and mod
ern grammar schools have been Greet
cd ct cost of 100000. The city's
appropriation for public school OK
pensea during the last year was $751;
s7ss3. ss compared with $4,000 Eve
years ago. an Increase of 225 per cont
Petersburg has forty-eisht churches,
representing all the principal denoni-
nations
During the year the post-oflce paid
money orders amounting to s3ls,ST4.l2
as against s2o4,3Oi.l5 in 1908. an in
crease OF &1l5.572.s7. or 30 per cent
There are In Petersburg six banks.
having resources amounting 10 37.s49.-
ss7.aa The capital stock OF these
banks ia ss23,333.S4, and their surplus
and profts amount to se7l.osi.7S.
During the past year about 100000
pounds OF manufactured tobacco were
exported from the United States OF
Al
Sl.6o0.ooo. or about two-thirds. were
exported from Petersburg. In addi-
ton Petersburg manufactured in 1910
765,6lo pounds of tobacco and 1916
EST cigars for domestic consumption.
besides about 50o.00O,0oo cigarettes,
valued at 100000, for export. For
the year ending October /. 1910, there
were sold in Petersburg 1878 pounds
of leaf tobacco for s6sl.939.l7 One of
Petersburg's tobacco factories employ
1000 operatives.
The total value OF imports received
at thu port of Petersburg In 1910
amounted to $4,000.
Petersburg far exceeds any other
city In tho world In the manufacture
of trunks and bags. the value OF these
products during the past year being
100000.
Cotton 1IiIls and Jobbing.
During the year the cotton mills
and merchants of Petersburg received
about 10000 bales OF cotton. value
$4,000.
The lumber industry in Petersburg
is also one of largo proportions. great
quantities of timber from the counties
OF Southsido Virginia being shipped
Here for manufacture in the numerous
sawmills. trunk factories. box fac
tories and other woodworking plants.
In 1910 Petersburg peanut dealers
handled 100000 bags of Spanish pea
nuts, and $4,000 bags of Virginia pea
nuts. valued at s2.ao0,0o0.
The jobbing business Is a very i'm.
portant factor In the citys develop
ment. The value of some of the
principal lines OF this business III 1910
was as follows: Dry goods. $500. 1000;
boots and shoes. sSo0.0oO; agricultural
implements, 100000: hardware. $780,
600; fancy groceries and confection-
cries. $1,000, 900: mail order liquor.
! s1.000.0 900; drugs, 100000; paints and
oils. 100000. Meal and -four valued
at 100000 arc sold annually by
Petersburg millers. and the hay ana
feed business of the city amounts TO
$4,000.
Prominent among other products of
manufacture In this city are the fol-