Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1875-03-14
TEE CITY.
Opportunities for Investment.
The Real Estate Outlook.
Comments Gen Parenthese."

financial and commercial MASTERS. almost
universally speak hopefully Of the real es-
tate outlook. They are unanimous, too
in predicting prosperity Cor the future. In
some localities, it is true that unprecedent.
ed drouth or other causes have brought
about a temporary condition Of trade no,
wholly satisfactory, but when speculation
gets rife again, as it is sure to do in this
country where there are such fields for
it, whenever money is plenty, stocks and
bonds in railway enterprises in unknown
and unde7eloped regions Of the country
will not attract operators so much as they
have done. Their disposition viii be to
invest in something more substantial-in
something that viii have q positive exis-
tence-an intrinsic value. No matter how
money swells or shrinks, real estate is the
article that can furnish the material for
their enterprise, and at the same time
satisfy their prudential ideas, and accord
ingly We expect to see within a short time
q greater general activity in the real estate
market than has existed in the immediate
past.
Nashville is in a situation to reap the
fun benefit Of this tendency TO real estate
operations. There is no prominent West
ern or Southern city that affords a better
investment in real estate than this. There
are several reasons why this is so. The
city may be said, virtually, 10 have entered
upon a second and distinct stage Of growth.
The causes which must Of necessity make
it great city have hardly begun to operate.
Its location is admirable. Our railway
system has been developed just far
enough to show what extent and com
prehensiveness may be expected from
it in the future, The development Of the
mineral resources Of the State whichis yet
in its incipiency, is enough Of itself pro-
vided that work Of development is carried
forward to the degree Of fruitiOn that we
may reasonably hope fOr,) to build
up here great manufacturing
city. The factories and shops now
in successful operation serve better than
mere prophecy Of words TO indicate what
may be expected Of the future.
Our railway connection to the North,
South, East and West, will eventually en-
able Nashville manufacturers and jObbers
to command the cheapest rates Of freights-
Determinations, if made at all, will be
rather for than against Us. There is abun-
dant room here for the city Of the future.
The topography Of The surrounding country
Is all that could be desired, and, carefully
looking over the whole field, and being
convinced that during this and succeeding
years decided activity in the real estate
market will prevail We estimate the
advantages Of Nashville to be such as
to attract the favorable attention of visitors
from all quarters, and We look to see our
real estate owners and dealers reap a rich
harvest. This prophesy will probably not
be fulfilled this year. Local causes operate /
against its fulfllment, but, after all, it is
but question Of brief time, for the essen
tial elements Of prosperity are all here.
Few Of the cities of the country have
shown since the war so rapid a growth and |
upon such healthy and substantial basis /
withsl as has Nashville. On every hand |
are seen evidences Of this fact-the by no
means infrequent enlargement Of its boun-
diaries, the active busy thousands who
thrOng the streets and fill the almost count
less hives Of industry, and the large in
crease in manufacturing establishments !
of all kinds and marts Of trade. The |
most casual observer can perceive !
that in this almost phenomenal growth |
there is nothing transitOry or ephemeral. |
Fifteen years ago Nashville was, to use a |
provincialism, ''right smart town." but |
it filed, after all, but a modest place in |
the category of cities that deserved to be /
considered commercial centers. Bearing, /
as it did, its full share Of the brunt Of war,
il has more than typiied the tabled |
Phoenix. While not springing from It's
own ashes in literal it has in a CONNER
cial sense-the ideas Of the people have
been brOadened, and the Nashville Of to-
day is in marked contract with the city of |
fifteen years ago. The rude changes brought
about by the war have really resulted in
the clty's good. The well improved ad-
vantages for every department of industrial
and commercial enterprise, affords a solid
foundation that insures pemanency and
stability for all that it now is, and suggests
almost boundless possibilities for the
future.
Improvements Of every character, both
public and private, keep pace with the
growth Of the city, and in this respect Nash
vile is rapidly advancing to the front rank.
The advantages which nature has bestowed
with such lavish hand, and which with
art, directed by wealth and refined taste,
have combined to render it beautiful and
attractive to a degree rarely equalled by our
sister Southern cities, cannot fail to be
fruitful Of good in the future as in the past.
Perhaps the most pronounced and dis
tinclive evidence Of Nashville's prosperity
is found in the increase Of buildings for
bta2AaAoo9 anu AN7AANAASC PNA pOoCos vi al
the principal streets there has been and is
great activity in this department Of i'm
prOyement, and the result is wholly salts
factory. Upon numerous streets have been |
erected various fine ediices Of stone and /
brick that have vastly improved the appear
ance Of the town and prOportiOnately in
creased the facilities for business. A verv
noticeable feature Of the new buildings in
this city is the advanced style Of architec-
ture. Until quite recently Nashville was
considered, and not without reason, as
considerably behind the requirements Of |
this progressive age, in business archi-
lecture especially. There were a few |
fine buildings, but their general average
was decidedly below that of many less
pretentious cities. If building is carried |
on for one or two wears more in the sauna