. The Southern States. he entire year forthe local as well as export trade to SouthAmerica and England. These pointsdevelop into great magnitude the lumberand timber trade of the \ast forests con-tiguous to this city from which it deri\esthe principal benefit. The Mechanics, Dealers and Lumber-mens Exchange, an association formedfor the better interchange of ideas inregard to building materials, has becomea commercial necessity of consequence,affording ample protection to all partiesusing or furnising articles for buildingpurposes. To substantiate the generalbenefit derived, we quote the offic
. The Southern States. he entire year forthe local as well as export trade to SouthAmerica and England. These pointsdevelop into great magnitude the lumberand timber trade of the \ast forests con-tiguous to this city from which it deri\esthe principal benefit. The Mechanics, Dealers and Lumber-mens Exchange, an association formedfor the better interchange of ideas inregard to building materials, has becomea commercial necessity of consequence,affording ample protection to all partiesusing or furnising articles for buildingpurposes. To substantiate the generalbenefit derived, we quote the officialrecord for the year ending June 31st,1893, which shows a total of 1192buildings erected in New Orleans against570 during the same period of 1891-92 ;763 rebuilt, added to or repaired asagainst 873, with building permits callingfor the expenditure of $2,940,473 asagainst $1,831,867. Making the usualallowance of one-third extra for theactual expenditure over the permit esti- COMMERCE AND INDUSTRIES OF NEW ORLEANS. 423. UNLOADING BANANAS ON THE LEVEE, NEW ORLEANS. mates, the total amount spent on build-ings during the year was $3,920,631 ascompared with $2,422,489 in 1891-92,an increase of sixty-one per cent. Thereis an improvement in every line, 1161residences having been built as comparedwith 551, while the number of storeserected increased nearly threefold. This record is the best New Orleanshas ever made. With due allowancefor the loss by fire, decay, etc., it meansan addition to the taxable wealth of thecity in new buildings alone of $3,400,-000 and an increase of 6200 in popula-tion. In a year of some generaldepression this is a good showing, asgood relatively as any city in the countrycan make. And as real estate, whennot artificially boomed, is the best testof prosperity, we may consider thesestatistics of New Orleans as bearingevidence to a solid, substantial andpromising condition of affairs. Much of this is due to the wellorganized and solid local building andhomeste
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Keywords: ., bookcentury1800, bookdecade1890, booksubj, booksubjectagriculture
