The times. [volume] (Richmond, Va.) 1890-1903, 1890-11-18
SALEM, VIRGINIA..
Great sale OF Lots, December 18th and
18th.

The Salem Improvement Company, the
most successful organization Of the kind in
Virginia, had its first sale Of lots December
II, 1879. Since that time the growth Of
salem has been marvellous: BIS houses have
been built. about 81 100000 spent IN build
ings and improve ments, the population
nearly doubled, and the business OF the
postoflice and telegraph office increased five
| hundred per cent. The iron furnace about
TO 20 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
wear. Negotiations are nearly closed for
additional plants 10 employ several tb0u-
sand hands. 4 cotton factory and a wooden
mill (nearly completely that will manuiac-
ture It's goods into clothing, will employ
LARGE number Of females. The early eXten-
sion Of the Baltimore aud Ohio and the
Roanoke and Southern TO salem will make
it an important railway centre, and hasten
its growth into large iron, steel, ana gem
erai manufacturing and commercial city.
Salem and Roanoke, now rapidly growing
together are destined 10 be the great indus
trial centre Of Virginia.
Salem is the most attractive town in VIZ
ginia: and it may well be proud Of lis sur
passingly beautiful location, its healthiul
e.
its excellent schools, and Of Roanoke Col
lege. one OF the leading institutions IN Viz
ginia. Attractive a. a place Of residence.
il now offers unusual advantages for manu-
featuring and general business. No other
town I'm Vii ginia has ever equaled Saiem's
record of progress for the last twelve
months. The stage Of experiment is passed,
and Salem is now firmly established ON
solid Industrial basis.
The Improvement Company proposes to
celebrate the anniversary Of its first great
sale of lots by Offering on December llth
and 18th. at reasonable prices, some OF the
most valuable lots i'm that growing city.
This property adjons the old town, and Is
surrounded by the lands Of other strong
companies. Being inside. property. 1t VIII
continue TO increase in value. The Norfolk
and Western and the Dummy Line TO Roa-
nOke run through il and have their passen-
ger stations on it. The streets have been
graded and the town system OF water-wOfks
extended through them. Lots VIII DE offered
on College avenue and other business streets,
and on the Boulevard Roanoke and other
residence avenues. On College avenue,
which has been well macadamiZed, only
brick or stone buildings may be erected.
On it the Hotel Salem, costing nearly
500. 900. is under roof, the Improvement
COmpany's bank and Office building is near
" ready for occupancy, and number Of
large business houses are in course OF cree
ton. This avenue is sure to become one Of
the finest business thoroughfares in Viz
gina.
The lots to be offered on December 18th
and 18th will be sold for one-third cash and
the balance in one and two years, and the
company will adhere to its policy OF placing
its lots at such prices as will insure inyes-
tors large and quick profits. For maps,
pamphlet Of thirty-twO pages, and further
information. those interested should address
Mr.. j. W. +. AllemOng, President, Salem,
Va.