The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1890-12-03
REMARKABLE GROWTH
OF Salem, '.The Queen City of tho South
west"

weSf.'
Tho Salem Improvement Company,
tho most successful organization OF its
kind in Virginia. had its first sale of lots
December IL, 1850. Since that timc the
growth of Salem has been marvellous
About 400 houses have been built: ST.
100000 spcnt in buildings and improve
mentS; the population nearly doubled.
and the business of tho poStoilce and
telegraph Office Increased 500 per cent.
Tho iron furnace about to go into blast.
the factories i'll operation and actually
secured will employ several thousand
hands and insure tho doubling of the
present population of 5000 in another
year.
Negotiations are nearly closed for adj
ditional plants to employ several thou
sand hands, and the land companies.
with an aggregate capital stock of ST.
600, goo, have voted liberal sums for new
industries. a cotton factory and Il
WOODEN mill (nearly completely that will
manufacture its goods into clothing,
will employ large number of females
The early extension Of the Baltimore
and Ohio and the Roanoke and Southern
to Salem will make it IN 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 he proud of
its SUI passingly beautiful location, its
healthful climate. its refined society, its
fine churches, its excellent schools, and
of Roanoke College, ono of the leading
institutions in Virginia. Attractive as
a place Of residence. it now offers I'M
usual advantages for manufacturing and
general business. No other town in
Virginia has ever cqualled Salcm-s
record of progress for the last twelve
months. The stage Of experiment is
passed, and Salem is now firmly cstab-
liShed on Il solid industrial basis
The Improvement Company proposes
10 celebrate the anniversary OF its first
great sale of lots by Offering on Dccem-
Der 18th and 12th. at reasonable prices.
some of the most valuable lots in our
growing city. This property ad joins the
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 havc their passenger
stations on it. The streets have been
b L autu Uit tOW IL System vi 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 well
graded and macadamizcd at cost OF
$4,000. only brick or stone buildings may
be erected.
On it. the Hotel Salem, costing S65.-
600, exclusive OF the land or furniture,
is under roof, the improvement Com
pany's bank and Office building-50 by
80 feet, three storieS-is nearly ready
for occupancy, and ii number of large
business houses are in course of cree
ton. This avenue is sure to become
one of the finest business thoroughfares
in Virginia.
The lots to be offered on December
18th and 18TH, will be sold for one-t third
cash and tho balance in one and two
years, and the company will adhere to
to its policy Of placing it's lots at such
prices as will insure investors large and
quick profits. For beautiful new map,
a pamphlet of thirty-two pages, and
further information, those interested
should address Mr.. j. w. +. ALLEMoNG,
president, Salem, Va.