Minneapolis; [News items];

              Bulletin HASKINS & SELLS 111
Minneapolis
IN connection with the opening of an
office, on December 1, 1921, in
Minneapolis, it may be of interest to note
certain facts in connection with that city.
Minneapolis has a number of distinguish­ing
characteristics. It is the gateway to
the northwest and western Canada.
Twenty-two lines of railway radiate there­from.
It is the largest flour milling center
in the world; this industry having sur­passed
in magnitude the lumber industry
which centered for many years in Min­neapolis.
The city is also well known for
its many and varied manufacturing in­dustries
which are naturally attracted by
the abundant power developed from the
Falls of St. Anthony.
Minneapolis is said to be the largest of
the American cities which have developed
wholly since the middle of the nineteenth
century. It has grown tremendously dur­ing
the past twenty years, having prac­tically
doubled its population since 1900.
The present population is about 400,000.
There are about sixty-five banks including
the Federal Reserve. The bank clearings
during the year 1920 were about three
and one half billions. There are many fine
buildings, both public and private. The
city also boasts of four railway stations.
Minneapolis and St. Paul are situated
so close together as to make it difficult to
tell where one begins and the other ends.
They are frequently called the Twin Cities.
Minneapolis is unequally divided by the
Mississippi River, the main portion being
on the right bank. The river at this point
is spanned by numerous and massive
highways and railroad bridges.
Altogether, Minneapolis is a city of
beauty and stability; has a strategic loca­tion
which makes it strong commercially,
is well equipped financially and bids fair
to progress as rapidly during the next few
years as it has in the past.
We announce the appointment, effective
January 1, 1922, of Mr. B. A . Padon as
assistant manager of the Shanghai office.