Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1849-03-08

AZ we stated two weeks since, the prospects,
Of this Company seem eminently encouraging
We have examined their plans and drawings for
buildings and Machinery, and believe them adapt
ed for one Of the best mills 10 this country
They comprise stone Factory building three
stories in height, so feet BY los. to contain .26
rag engines, carrying each 200 lbs, and ma.
chine room 50 BY los feet with Foudfineer and
Eglander 81 inch machines, capable Of making
over 10000 lbs. Of paper day, or 5000. 600 lbs
persyear. The lots for buildings and the water
power are secured to the Company in Zee simple
Deeds, Tree of rent or any other charge, cor the
sum Of sac, $50, taken in stock in the Company.
The buildings and Machinery will. according 70
the estimates, cost about Sss,0Oo As We know
paper to Be leading cash article, constant and
regular in its consumption as the regular issues
Of the daily and weekly press we believe the bu-
siness can be safely conducted and carried on
with business capital Of 10 or Sl2 900. Saw
AN entire capital Of $4,000, inclusive Of lots,
water power and buildings; or should $4,000
more De added tothe capital 100000, would
seem very low amount for q mill, machinery
and business capital capable Of making and dis
posing Of 100000 worth of paper annually.-.
When we look at the low price Of rags ia tkis VI
cinity, and the great facilities for Obtaining them
from the Western as well as our own State, and
the high prices which are paid for the immense
quantities of paper brought from New England
and sold in Virginia and the city Of Waship gton.
We are more than convinced that this must be 1
source Of exceeding profit to the Stockholders.
A finer agricultural valley ID no where tc Be
found than the extended valley Of the Shenan.
doah, for supplying all the wants Of Manhfac-
lures. More than 90, 900 head OF cattle. LOG. 600
hogs and 500 900 barrels Of -four are driven or
transported through this place annually. Coal
will probably in all coming time be delivered hero
at 80 per ton. Then the manufacturer will have
the greatest facilities for transit East Soulh or
West, by Railroad or Canal; while the Ohin and
the interior Of our own State will soon be reach.
ed by similar means, and Manufacturers NAV herr,
rely upon the most constant aud perpetual water
power IN any quantity at one-fifth the cost Of
water power in any favorable location in the Las.
tern or Middle States, the Shenandoah being one
OF the most constant streams in the United STATES
with abundant fall, and probably three times the
volume of water Of the Mcrrimac river at Lowell.
Anxious as we are for the improvement OF our
town, now containing about 5000 inhabitants.
the upper part of which is, we believe begirinipp
to be called Shenandoah City" We would re-
to those desiring most lucrative invest
ments, to apply at once to II. Ellis, Esq, Presi-
dent Of the above named CompanySat this place.
for any further information. We learn that the
sum subscribed and pledged, inclusive Of lo,s and
water power, already amount to about $4,000,
md The waEks 9f he GqRpap
in operation, or preparing for operation, ia this
place and vicinity, and we fully recommend Mand-
facturers and Capitalists to examine the respec-
tive advantages Of this location, confident that
better are not to be found on this continent.
Harners. Ferrn .LnuritaE .