The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1890-12-24
REMARKABLE GROWTH
OF Salem. 'Thc Queen City of the South
west"

vest
Tho Salem Improvement COMPANY
tho most successful organization OF its
kind in Virginia. had its first sale Of lots
December / !, 1889. Since that time the
growth Of Salem has been marvellous
About 100 houses have been built: ST.
600, 600 spent in buildings and improve
mcntS; the population nearly doubled
and the business of the postoflice and
telegraph Office Increased 500 per cent
The iron furnace about to 90 into blast,
the factories in operation and actually
secured will employ several thousand
hands and insure tho doubling of the
present population Of 1000 in another
year.
Negotiations arc nearly closed for ad-
ditional plants to employ several thou
sand hands, and the land companies
with an aggregate capital stock of Sd
600, 600, have voted liberal sums for new
industries. cotton factory and a
wooden mill (nearly completely that will
manufacture its goods into clothing,
will employ large number OF females
Tho early extension of the baltimore
and Ohio and the Roanoke and Southern
to Salem will make il 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 bo 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
hcalthiul climate, it's refined society, it's
fine churches, its excellent schools, and
OF Roanoke College, one Of the leading
institutions in Virginia. Attractive as
place of residence, it now offers un-
usual advantages for manufacturing and
general business. No other town in
Virginia has ever equallcd Salcm's
record OF progress for tho last twelve
months. Tho stage of experiment is
passed. and Salem ia now firmly cstab-
lish"d on solid industrial basis.
The Improvement Company proposes
to celebrate the anniversary of it's first
great sale Of lots by Offering on Decem-
Der | It'll and 18th, at reasonable prices.
some of the most valuable lots in our
growing city. This property adloins the
old town and is surrounded bv the lands
OF other strong companies. Being inside
property, it will continue to increase in
value. Tho Norfolk and Western and
tho Dummy Line to Roanoke run
through it and have their passenger
stations on it. Tho 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 a cost of
$4,000. only brick or stone buildings may
be erected.
On it, tho Hotel Salon, costing 500
900, exclusive Of tho land or furniture,
Is undor roof. the Improvement Com
pany's bank and office building--5o by
SO feet, thrco storics-is nearly ready
for occupancy. and number Of large
business houses arc in course OF cree
ton. This avenue is suro to become
ono OF tho finest business thoroughfarcs
in Virginia.
The lots to he offered on December
18th and l2th, will bc sold for onc-third
cash and the balance in ono 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 a beautiful new man.
pamphlet of thirty-two pages. and
further information. thoso interested
should address Mr.. j. w. +. AILEMoN0.
president. Salem, Va.