Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-03-25

knitting factory, one hundred hands; one
hundred-ton blast-furnace. three hundred
and fifty hands; Paper Fabrique Company.
seventy FIVE hands two sash and blind
factories, eighty hands; Basic, City Match
Factory, forty hands; three brlck-works,
one hundred hands; Basic City Cigar Fac
tory, thirty hands; tin and sheet-iron
works, ten hands crate-factory,. thir-
ty-five hands; Basic City School Fur
nlture Company. four hundred hands;
The employees of these, the water-works,
electric-hght company, rolling-mill, steel
plant, and minor industries will within q
very short time raise the population or
Basic City to several thousand. Inc state
ment has been made that if you will go
away from Basic City and remain thirty
DAYS you will DO astonished on your re-
turn at tho progress that has been made IN
that time. and the statement IS not an OK
aggeratlon.
ON A SOLID BASIS.
Everything at Basic City is on solid
basis. The dwellings and the manutac-
turing establishments are constructed TO
stay. There is no experimenting.
The Basic City car-works has bona tIds
capital of S250,0O0 and seven acres OF
ground are devoted to the yard and shops.
Three of the buildings measure 1OOx6O feet
each, two 100x50 feet, one l43x6O feet, ana
another 143x76. This is sample OF the
Basic City enterprises, not including the
industries being negotiated for and which
there can be little doubt will be placed
here. The capital i'll Basic City enter
prises amounts to S2,632,5OO.
THE WATER SUPPLY.
The water supply Of Basic City is one Of
lis great features. Aside from its grand
lithia spring there are other abundant natu-
raj fountains for furnishing great city. A
e ,uh larA an
water will be ample in every house. tor all
purposes. The topography of Basic CITY,
as has been noted by all who, have ever
made the place visit, gives all localities
natural drainage. The reservoir is on the
mountain side, thus securing full head.
INDUCEMENTS TO MANUFACTURERS.
Basic City is behind no place IN the
South in Offering inducements to manu-
facturers. Choice locations on the Belt
Line road are furnished free, and the basic
CITY Mining, Manufacturing and Lana
Company furnish further aid IN every d.
rection possible. Factories of all kinds
are EXEMPT from municipal taxation and q
LARGE Mot of ground in the business por-
ton of tho city has been reserved for
those who wish to build residences at a
moderate cost. IL is not TO be ar
eued. however, that these lots are
un desirable. They are far from ~,
but the policy or the company.
Is TO offer inducements to mechanics or
most limited means to acquire homes.
This 10 liberal on the part of the company,
Int there is also O grain of self-interest IN
II for thew know full we'll that you cannot
do better in building up q place than oy
making IL first of all home town. There
are ali the attractions here for home, and
IL ia business sagacity to encourage the
taking advantage of these attractions.
AZ present a syndicate is engaged IN
building a number OF houses TO cost $lo,-
o0O in the aggregate. and the BASIC CITY
Rrildinp and Investment Company VIII
exnend $40, 900 in building within the next
Jew months. The Lexington and Basic
City Building Company will put, 80, OOO
INTO buildings at once, and small legion
IF private parties are having residences
and stores erected as fast as possible.
RAILROAD FACILITIES.
The railroad facilities of Basic City are
unsurpassed, both in the matter. OF re-
eeiying raw material and shlpplng tne
manufactured products. The crossing
hnra Of the great Chesapeake and Ohio
svstem by the Shenandoah-Valley DIVISION
~ the Norfolk and Western system mas
0,van il the significant and comprehensive
,av,a Of the CITY of Iron the Cross. Both
.hesa Great companies are doing vast deal
20 ala In building up the place. Inc direc-
tors of the Basic City Mining, Msnlfsetu.
rino and Land Company say IN their last
r rarSrt Nor is the board unmindful OF the
reePg O extended to Basic City by both
w pNorfoIk and Western and the Chess-
, ,no and Ohio railroads in having afford;
al unusual facilities for passengers ana
tr.;sht and in having shown Willingness
80 tata- hand in the general advance"
1acartfy some of the officials OF the NOR
foIS and Western road purchased tract OF
sSa acres of land lying to the north OF
and contiguous TO Basic City.
ADVANCE IN VALUES
The company's sales Of lots up to Janu-
a,s+h Amounted to S496, 1883, and o
aiy s xsination Of the stock of the company
4; ;sa " for every 81 put in. The stoekhold-
a,s Who bought lots with, their stock re-
si,,ed 100 per cent. on their invossmeh.,
ada 6on the tremendous advance IN the