Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1890-10-19

smaller industries are: d cannlDg-fac-
torv eI0. 600; q cigar-factory, $4,000 (;
two barrel.factories, three grist-mills,
and three ssw-mills. :.
The Leicester Piano Company, Of
vestboroueh, Mass, will soon move
tbe;r liant 10 this place. Their factory
ia now being constructed. The other
industries which will soon be in opera
zion are: A mammoth iron-furnace.
kn;ttipe-factory moved from Bangor,
Pa a furniture-factory, to cost $50, 900,
and steam cracker-works, also moved
from the "Iron State.
There are already hero many social
advantages. The schools are good,
there are churches OF every denomina-
ton. and the society is refined and Gull
tured. The improvement company is
consolidating the two places by building
handsome, mscadsmized streets between
them, and laying out beautiful residence
sites II is only mile from one place
TO the other, and they arc now connected
bv one of the prettiest drives | have ever
seep. A street-car line is soon to DO
built and negotiations are in progress for
the establishment of an electric-light
plant and an extensive system OF water
works. The Methodists and Baptists are
each to build male college which will
cost S75, 900.
From an inspection OF the list OF es-
tablished plants and those soon to begin
operations, one sees that there Is large
variety of valuable raw material which
awaits utilization at this point DIversi-
ty of industries is the surest foundation
for the steady prosperity and develop
ment Of town aud this place is fortu-
nate in aifording opportunities for many
different sorts of enterprises. Among
the most valuable properties OF the Front
ROYAL and Riverton improvement Com
pany are several large tracts OF rich iron
lands. Several analyses OF this ore has
been made. showing that 1t possesses
from 50 to 81 per cent. of metallic iron.
There are also valuable deposits of man
eanese, copper, lead, ochre, and fine
pottery CLAWS, not yet developed, which
will doubtless become sources OF great
revenue IN the near future.
NATURAL ADVANTAGES.
Wheat, corn, bay, barley, peaches,
apples pears, and other crops flourish
in this section. There is a large amount
of fruit and vegetables produced here
each year. This would be sold to can
neries at very low figures. In fact, can
neries could get much here at their own
prices
With the great cities near there is no
reason whv truck farming should not
pay large profits. Those who have al
ready embarked in this industry have
found it very profitable.
In the forests there are many sorts OF
hard wood in abundance, and immense
amounts of the bark used in tanning are
produced here annually.
The Virginia grapes and wines have
long been famous. There are near here
several vineyards and wine-cellsrs of
considerable Importance. The latter
produce as fine claret and brandy as can
be made in the country.
Near this place, within a radius of
three miles, to be exact, there are fine
springs OF chalybeate, sulphur, and
lithia waters. Tho reader doubtless
knows already OF the wonderful climate
and grand scenery of this section.
FINE INVESTMENT.
Last spring the Riverton and Front
Royal Improvement Company was
formed. Its promoters and officers are
among the most enterprisng andrellable
men Of the community, and they strive
TO advance the interests of the twin cities
with every opportunity. This company
is doing vast amount for the good OF
the cities and the surrounding country.
Only 81 per share has been paid upon
the stock of this company, and such
faith has the public in the future OF this
place that the stock is readily bringing
$40 per share, net profit of IS upon an
investment of 81. The company will
offer limited number of its beautiful
lots for sale on October ODD,
Odd, and OATH Reduced rates have
been secured from Richmond, Balti-
more, Washington, Philadelphia, and
other cities for those wishing to attend
this sale. From the outlook here and
after talk with number OF real estate
agents it is fair to predict an immense
crowd of purchasers and one of the
| largest lot sales tnat nus taheu pace III
the State. The policy of this company
seems to be different from most others,
inasmuch as it appears to be their earn
est desire that the purchasers shall be-
como the permanent owners Of lots atrea-
sonable prices and not mere spectators.
Lots will be sold without restriction, and
the stock OF the company will be taken
in payment for same at its par value-Sl0
per share. Your correspondent was i'm
pressed with the management OF this
company when he learned from reliable
source that every holder of stock of the
company stands upon tho same footing,
there being no first or second floors, no
promotes fund, but desire upon the
part Of the management that all strangers
shall have every advantage accorded to
home people. In concluding, guided by
such generous spirit, wise and enight-
ened policy, your correspondent pre-
diets for this company great success, and
for the place future hardly second to
| Roanoke. ARAM1NTA.