Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-10-25
1 SOLIDCITY INDEED.
rue CONTINUED PROGRESS AND The
PROSPECT or NEWPORT NEWS.
. w,.s selection Of Company-Propsrty
Destined TO Prove the csatrs Of
the Place.

NvvpoRr NEWS, October 24.-Witn every
r;s;t mako to Newport News am more
.nd more impressed with IT'S marvellous
sovoloument--s development literally
srom a sand barren Of decade ago. Yet
when one comes to think of 1t there u no
especial reason to wonder at this. Inc
sender Is indeed that enterprise and capi-
,ol did not take hold of the place long
vsars ago. for it must be evident to the
,,ost obtuse observer that of all the places
On the Atlantic seaboard TOR 2 pig Guy
Newport News Is pre-eminently favored
IT'S SOLID APPEARANCE.
Month after month Newport News Is as
.r ming a more solid area and booming IT'S
hooming freshness. BY that mean inat
ovsrv month it is showing additional signs
thot the CITY has come here to stay ana 10
,row in population and industries. but
when we come down to hard-pan tho iact
L. that Newport News has never beer on
boom in the sense in which that woru -
understood. IL is true that there has oesn
.rscnlatiop here, but that has been only
;nc,dental to the matter OF safe invest
ment. Take Newport News by and through
and there is not foot OF ground IN II
that is not worth more to-day. OF soon
will be worth more. than was paid ior y.
THE Mace has never refrigerated IN tne
matter of bond-fde values since 1t was
founded. and one of the first things that
atrikes every visitor here is that lts pro-
gress has really only commenced.
ITS INDUSTRIES.
TIA industries, such as its great ship
yards and dry-docks, its grain-elevator,
and its shipping interests, are not tnings
of the future, save that they are destineo
TO continuous DEVELOPMENT, but reslties.
which. as magnets. every one recognizes
INST attract other industries. cause great
multiplication of inhabitants within the
next few years. stimulate building opera,
irons. cause q great advance In values, anu
a demand for eligible building sites.
THE PRIZE.
An appreciation of this fact has caused
ali the property around Newport News 10
be bought up by syndicates and land COM
nsnies and while all these investments are
ssfe and certain of remuneration, think
II will pe generally admitted that the New
mort News Company were particularly 81,
gacious in the land thew selected, ana, II
NAV use the expression, drew q prize
This company's land IS situated on beau;
tiful plateau between Newport News ana
Hamilton. Ii oyerlooks Hampton Roads.
and is in the line of the natural extension
of the city. Through its main avenue Will
pass the electrician line connecting New;
mort News. Hampton, and Old Point. and
r IL accessible to the splendid new water
SIMPLY of the place. The conformation OF
the land is such that foundations Tor
houses can be made at nominal price,
and it is convenient to the immense coal
piers, the ship-yards and docks, the ele-
yator, and the business portion OF the city.
THE POPULATION.
The population of Newports News Is
already over 5000, and the prediction that
IN less than five years tho city Will nave
over 80. 900 residents is in every way con-
sentative.
WILL DE THE CENTRE.
Any one who will examine the location
of the company's holdings and consider
the logical sequence of Newport News ad-
yantages as a shipping and industrial point
must accent as fact that the Newport
News Companys property will ere long De
the centre of the residential portion OF the
place. ., :.
| has grown beyond the most sapguine ex-
pectations Of its founders, and lt cannot
grow without spreading over the property
referred to.
The Newport News Company do not
offer stock. They sell lots, and these at
| reasonable prices and on easy terms. All
| they ask of those contemplating invest.
ment is that they make an examination OF
| the situation, as they are certain they VIII
| be convinced that whether. for building
| purposes or to hold for advance the in-
vestment will prove good one.