The city has eighty-two industrial establishments including the car
and machine shops of the Erie Railroad, employing over 1,000
operatives. The principal manufactured commodities are saws,
glassware, silk, gloves and mittens, shirt and ladies' collars. These
industries give employment to many skilled operatives who receive
good wages. The city has three hardware stores and two iron
foundries.
Among the important industries of Port Jervis is the Deer Park
Brewery Co., located on Reservoir avenue. The company was organized
in 1902 with George F. Ott, of Philadelphia, as president. The plant
of the insolvent Deer Park Brewery Co. was purchased and greatly
improved and enlarged.
STREET RAILROAD.
The Port Jervis Electric Street Railway Company was organized in
1895 with Hon. W. C. Richardson, of Goshen, as the first president.
The work of construction began November 15, 1897, and the road went
into operation January 15, 1898. The road is now known as the Port
Jervis Electric Railroad Co. It has about 4 1/3 miles of track and
runs three cars.
BANKS.
The oldest of the two banking establishments of this place, the
National Bank of Port Jervis, was organized under the State law as
the Bank of Port Jervis, in March, 1853. Business was opened in the
Delaware House. The original capital was $120,000, afterwards
increased to $130,000. Its first president was Thomas King, who
served until his death in 1857, when he was succeeded by H. H.
Farnum, who served until his death in 1879. The late Charles St.
John succeeded him and the late Francis Marvin became president in
1892 on the death of Mr. St. John. The present incumbent of the
office is W. L. Cuddeback.
The heavy defalcation of the assistant cashier led to a
reorganization of the institution in 1899 with Dr. W. L. Cuddeback
as president. The last annual report, December 5, 1907, showed
deposits amounting to $550,738.04. The present dividend rate is 7-1/2
per cent, per annum.
The First National Bank was organized in 1870 with a capital of
$100,000. Jacob Hornbeck was the first president. The late Martin
C. Everett succeeded him. The present head of this prosperous
institution is Chas. F. Van Inwegen. Its last report, on December 3,
1907, showed total deposits of $1,001,621.46. The stock pays 16 per
cent. dividends to stockholders.
The Port Jervis Savings Bank, organized under the State law, began
business in March, 1870, with Eli Van Inwegen as president. It
discontinued business in the later seventies.
THE POST-OFFICE.
Public-domain text, read in full here on John Shaqi.
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