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The Roanoke times. (Roanoke, Va.) 1890-1895, August 24, 1894, Image 6

Image and text provided by Library of Virginia; Richmond, VA

Persistent link: http://chroniclingamerica.loc.gov/lccn/sn86071868/1894-08-24/ed-1/seq-6/

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PERSEVERANCE a pull all together.- VIM
The Result: ROANOKE, VA.
The Gateway to the Southwest the Iron and Coal Fields.
A Railroad, Iron, Mining, and Manufacturing City,
-A-S ^ CITY 1884,
ROANOKE is really a marvelous city-. Ten or twelve years agpcr it was but a country town, a way station, with less than half a hundred
houses, all told. Where our stately business houses, magnificent hotels and manufacturing establishments now stand, at that time was
counted as the finest wheat and corn lands in the State.
The city is situated 900 feet above the sea level, in the most charming amphitheatre imaginable, formed by the Blue Ridge Mountains
and spurs of the Alleghanies. On top of "MILL MOUNTAIN" is an elegant Summer Hotel, within half an hour's ride from the city?an easy
road and 'bus all the way to top. From this point the view is magnificent?unobstructed for miles?and at night the electric lights, the fires in
the great iron furnaces, the moving electric cars and railwav trains in all parts of the amphitheatre from pit to the family circle on the moun?
tain side, is picturesque in the extreme.
The system of streets and sewers is an excellent one?the latter being nearly completed. Fourteen miles of electric railway traverse the
streets?a portion which are paved with vitrified brick. The water supply is direct from a mountain spring?and is ample for a city of 50,000
The Largest Railroad and Car Manufacturing Plant in the South, the Great Roanoke Machine Works is
located here, and gives Employment to over a Thousand Men Three Monster Iron Furnaces, Bridge
Works, Lock Manufacturing Establishment, Engine Works, etc., give Employment to a
Thousand More.
Roanoke River Affords Abundant Water Power for all Kinds of Manufacturing Concerns.
Original Forest6, close at hand, furnish Timber for all Purposes.
The area tributary includes North Carolina, West Virginia, Tennessee and the
surrounding country, embracing twenty two of the wealthiest, moit productive and
rapidly developing counties in Virginia.
The bonded indebtedness is only $812,000, or less than 10 per cent, of the as?
sessed valuation, which is $10,869,315.00. In 1882 it was $353,364. The bonds
sell readily at a premium of two per cent.
The Coal Supply of the Adjacent Pocahontas Coal Field is Inexhaustible. The Railroad
Facilities are excellent? diversion North, South, East and West.
The transfers of real estate for a single year were over $18,000,000?requiring
over 5,000 deeds.
The city has just completed and official survey at a cost exceeding $15,000.
The Volunteer Fire Companies are splendidly equipped and will compare favor
ably with any paid department.
The tax rate?all told?is $1.65 per icojra a low valuation.
Manufacturing Establishments are Exempt from City Taxation Until the Tear 1902.
During the present financial troubles Roanoke has made a record oi which she may well be proud: ^Not a bank failure, no manufacturing establishments closed, currency paid by all
batiks on demand. Belowjwlll be found some comparative statistics, which are authentic and may.prove interesting:
1882: Population, 912.
1893: Population, 25,000.
1882. 1892.
Official assessment. $353,304 $10,869,315
Freight Tons forwarded. 30,485 J47?927
44 Tons received. 37>893 564,54*
Express Receipts. $2,400 $96,000
C Teachers Employed.~.?. 5 31
J School Population. 215 2,805
\ Salaries Paid Teachers.-. $1,020 $14,800
L School Property.-. 1,200 85,000
Public schools:
Banks, Capital.
41 Deposits.~.
Postoffice Receipts.
Western Union Telegraph Company.
Number Sunday-school Scholars.
Number Church Members....
Value Church Property....-.~.
Roanoke has 28 churches, 9 sporting clubs, I I social clubs, 104 incorporated companies, 22 secret societies, 13 trade societies, 8 banks.
The educational advantages are admirable, consisting of eight public school buildings, one institute for young men, one business college
two colleges for young ladies and the far-famed Hol!ins Institute within six miles.
The Peaks of Otter, Luray Caverns, Mountain Lake, Natural Bridge and numerous summer resorts are all within a few hours' ride?mak?
ing Roanoke a most desirable location for business or residence. It is confidently believed that two new Railroads will be built to Roanoke
during the year, and the best opportunity ever offered for a profitable investment can now be had. We represent the best investments in the
city and can offer special inducements at this time.

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