Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-04-18

sands Of dollars have been put ia
Manchester real estate during the last few
months by mon who never leap until they
have looked, and looked well. Nor have
these men invested for what IL known as
speculation benefits. They have bought
10 improve. confident that the longer they
hold the greater viii be the return on the
investment. The stock of the majority.
II not of all OF the land and Improvement
companies of Manchester, has been taken,
and IN every case the stockholders are sat
isfed.
OF GOOD REpurE.
In glancing az the manufacturing basis
that Manchester has to build upon, II
should be borne prominently in mind that
some of these establishments have FOR
years been building up o reputation for
Manchester's manufactured products Fhe
grades OF goods OF the cotton-mills are
standard of their class in the markets, and
that Is q great point In favor OF any
new cotton industry in the city.
There is plenty of room and abundant
water-power for many moro cotton-mlils
along the waterfront, and magnihcent
opening for the establishment OF plant Tor
| the production of the fine cotton fabrics.
| The nails and IRON Of the Old Dominion
Nail and Iron Works Company are known
! almost the world over. and the success of
| this company and Of the Standard Spike
| Company demonstrate beyond a shadow
/ OF doubt that Manchester is peculiarly
/ ADAPTED for large iron industries. She is
/ close TO tho field Of both pig-ron and
| coal supply, and centrally located for dis
! tribution to the principal markets OF the
\ country.
As a leather-producing point the. city
has been extensively advertised, the output
| of its tanneries being large and OF high
| grade, and as before stated the Dunlop
| -four las no superior IN the South Amerl-
! can market.
WOODWORKING.
After the burning some years ago OF the
| cedar works, which were formerly located
! on the waterfront here, the plant was re-
moved TO Richmond, but more satisfactory
| conditions now exist in Manchester than
| eyer before for the locating OF WOODWORK
! ing establishments Of all sorts. To no
place could the raw material for cedar
/ ware. shuttles, spokes, hubs. and the end
less variety of wooden goods be brought
| cheaper.
The Manchester paper-mill is a long
established industry, turning ont a much-
sought-for product in its special line, but
there is no reason the city should not be
! the seat Of several paper and puip.-miils.
She is in position TO secure az the lowest
freight rates the necessary supplies Tor
both and become the furnishing depot for
large part of the South.
THE CANNING INTEREST.
| Another industry for the upbuilding OF
| which Manchester is most advantageously
located tx the canning Of fruits and vege-
tables. The country around IS partlcu-
larry we'll adapted for the raising OF these
| articles of food BY locating factories on
the Belt Line, where free sites could be OBJ
tanned, there would be obvlated in great
degree the rehandling of the fresh articles,
which is a most important consideration
| in the business. Via the Belt Line fresh
| fruits and vegetables could be brought di-
rect from the gardens and the fields 10 the
doors of the canneries, and tho canned
goods shipped direct TO all the markets OF
| the country.
THE RECORD.
Such are the record and the prospect
| with which Manchester enters the columns
| of Virginia's progress. What the city has
is solid and enduring. Every one OF her
established industrial enterprises mas
| proved successful, IS backed by capital,
and managed by sagacious businessmen.
Her general business brings in steadytiow
! of revenue and her municipal improve
| ments are for the future. II one half or
the new enterprises that her people are
negotiating for are secured, and there Is
nothing TO initiate against the assumption
that all VIII De-IOT no greater inuuCt-
| ments are offered anywhere-there can but
be in the next twelve months tremendous
increase in population and values in the
city coupled with an almost phenomenal
activity in building.
The capitalist embarking in a manutac-
turing interest in Manchester will find
that there is every inducement for his
labor TO become owners of their own
! homes, than which no condition tends
more powerfully to make labor contented.
! The mechanic will find that in Manchester
| his family will be surrounded by the best
| of influences and have every advantage OF
| education and religious training. The
city and the suburbs present a plane
! on which capital and labor can meet with
! the best resultsto both. This is proved by
! the past of Manchester as a manufacturing
| place. The retired capitalist Will find IN
! the property of the city and the suburbs q
! place 10 put his money where there is a
certainty of profitable return. Not only
the citizens but the municipal government
/ is interested III the fultilment OF every
| promise made by Manchester, and both
! are working to that end.
! The building associations, the real estate
men, the land companies, and individual
are pushing the erection of houses as fast
as possible, and heartily cooperating with
| the City Council in all that pertains to the
| general advancement of the city.