The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1890-12-19
REMARKABLE GROWTH
OF Salem "rhe e"re" f"yof the south

- The he's! Salem Company.
kind in Virginia 8{S 8 first sale of lots
December II lSs<. since that time the
growth of Salem has been marvellous
About 400 houses have been built: ST.
100000 spent in buildings and improve
mcnts; tho population nearly doubled
and the business of the postofice and
telegraph Office increased 500 per cent.
The iron furnace about to go into blast.
the factories in operation and actually
secured will employ several thousand
hands and insure the doubling of the
present population of 1000 in another
year.
Negotiations arc nearly closed for adj
dltlonal plants to employ several thou
sand hands, and the land companies.
with an aggregate capital stock of ST.
0O0. 000 have voted liberal sums for new
industries. a cotton factory and a
wooden mill (nearly completely that will
manufacture its goods into clothing.
will employ a large number Of females.
The carly extension of the Baltimore
and Ohio and the Roanoke and Southern
to Salem will make it an important rail
way center, and hasten its growth into
large iron, steel and general manufac-
turing and commercial city. Salem and
Roanoke, now rapidly growing together.
are destined to be the great industrial
center of Virginia.
salem is the most attractive town in
Virginia; and it may well be proud of
its SUI passingly beautiful location. its
hcalthful climate. it's refined society. it's
fine churches, its excellent schools. and
of Roanoke College, one of the leading
institutions in Virginia. Attractive rs
Il place OF residence, it now offers I'M
usual advantages for manufacturing and
general business. No other town in
Virginia has ever equalled Salcm's
record OF progress for the last twelve
months. The stage of experiment is
passed, and salem is now firmly cstab
lishcd on Il solid industrial basis
The Improvement Company proposes
To celebrate the anniversary of its first
great sale OF lots by Offering on Decem-
Der 18th and 18th, ut reasonable prices,
some OF the most valuable lots in our
growing city. This property adioins the
old town and Is surrounded by the lands
of ether strong companies. Being inside
property. 1t will continue to increase in
value. The Norfolk and Western and
the Dummy Line to Roanoke run
through it and have their passenger
stations on it. The streets have been
graded and the town system OF water
works extended through them. Lots will
be offered on College avenue and other
business streets and on the boulevard
Roanoke and other residence avenues.
On College avenue, which has been we'll
graded and macadamizcd at Il cost of
$4,000, only brick or stone buildings may
be erected.
On it, the Hotel Salem. costing SG5,-
600. exclusive OF the land or furniture,
is under roof, the Improvement Com
pany's bank and Office buldng-50 by
so feet. three storics-is nearly ready
for occupancy, and Il number of large
business houses are i'll course of cree
ton. This avenue is sure to become
one of the finest business thoroughfarcs
in Virginia.
The lots to be offered on December
18th and 18th, will he sold for one-third
cash and the balance in one and two
years, and the company will adhere TO
to its policy of placing its lots at such
prices as will insure investors large and
q ,rI ITS For beautiful new man.
aura ,oop 1t of thirty-two pages, and
i'sooaSoup o. e.aosti ion th&c Interested
sud qua 80 pa, ~ ~ AllnMONo'
- zxs
u n 81 A2SsAe;y 49,