The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1890-12-20
REMARKABLE GROWTH
or Salem. THE Queen City of the South
west"

Tho Salem Improvement Company.
the most successful organization OF its
kind in Virginia, had is first sale of lots
December IL 1889. Since that time the
growth of Salem has been marvellous
About 400 houses have been built; ST.
O00,0 900 spent in buildings and improve
ments; the population nearly doubled
and the business of the pOstOfiico and
telegraph Office increased 500 per cent
The iron furnace about to go into blast,
tho 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 are nearly closed for ad-
ditional plants to employ several thou
sand hands, and the land companies,
with an aggregate capital stock of S4,-
600, 600, 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 large number of females.
Tho carly extension of the Baltimore
and Ohio and the Roanoke and Southern
to Salem will make it an important rail
way center. and hasten it's 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 attrac tive town in
Virginia.; and it may well be proud of
its SUI passingly beautiful location, it's
healthful climate, it's refined society, its
fine churches, it's excellent schools, and
Of Roanoke College, one of the leading
institutions in Virginia. Attractive as
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. Tho stage of experiment is
passed, and Salon is now firmly estab-
lishcd on a solid industrial basis.
Tho Improvement Company proposes
to celebrate the anniversary Of its first
great sale OF lots by offering on Deem
Der llth and 18th, at reasonable prices,
some OF the most valuable lots in our
growing city. This property adjoins tho
old town and is surrounded by the lands
OF other strong companies. Being inside
property, it will continue to increase in
value. The Norfolk and Western and
tho Dummy Line to Roanoke run
through it and have their passenger
stations on it. Tho streets have been
Bi"utu anu INC tOWH system or 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 macadamized at a cost OF
$4,000, only brick or stone buildings may
be erected.
On it. the Hotel Salem, costing $685.
600, exclusive of the land or furniture,
is under roof, the Improvement Com
pany's bank and Office building-5O by
SO feet, three storics-is nearly ready
for occupancy, and a number OF largo
business houses are in course of cree
ton. This avenue is sure to become
one of tho finest business thoroughfares
in Virginia.
The lots to be offered on December
18th and 10th, will be 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
quick profits. For n beautiful new map,
pamphlet of thirty-two pages, and
further information, those interested
should address Mr.. j. w. Il. ALLEMoNG,
president, Salem, Va.