The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1891-04-14
HOW TO AYIOD MISTAKES.
Suggestions for the Guidance Of Yisl.
TORS

Every shrewd business man desires
reliable guide in prospecting for pro6ta-
bic investments. II he is guided by I'M
reliable people or statements and on
their representation makes an invest
ment 1T goes without saying that he
will lose money.
There are number of towns in Vir-
ginia where the man who has few
hundred dollars can double it. but out
side OF Roanoke this will take consider
able time and extraordinary care. Here
there is not tho slightest danger of los
ing money no matter in what Sec
ton of the city you place it. Hand
some profits arc realized quickly, and
where you will double tho amount in
vested in others town it is almost abso-
lutcly certain that you will quadruple
it hero in the SAME lergvh of time.
Not dollar has been lost in Roanoke
real estate since 1882, tho birth year of
the city. This is broad statement,
but 1T is true. In this respect tho Magic
city stands pre-eminent and boldly
challe nges comparison. Here it is not
question of Can l make money!" but,
In what portion of the city shall l
make it." This question on decided
way to profit is clear and straight.
Roanoke's future is assured. 1t is the
leading industrial city in Virginia and
has no superior in the South for thrift
and splendid opportunities. This much
Is admitted everywhere and by every
body. To deny it is to assert claim to
prejudice or ignorance. Brilliant as the
past is the future will surpass it. Look
at the record.
The Midway Iron Mill for the manu-
facture of bar iron, bolts, railroad
spikes, to-, is nearly ready for business
and will employ l25 men.
Tne muck bar and plato mills at the
west end furnace is approaching COM
pl stion and will employ $50 men.
Glass works to employ SO men, and
shelf hardware plant to employ 300,
have been contracted for and will be
established during the present year.
The four new industries mentioned
above will employ 1,l25 men at remun-
eratir, wages and create a dem and for
homes which must be supplied. Other
IL dustrial plants arc in contempla ton
= and arc certain to DO established; and it
is safe to say that before the end of tho
year 1891 1000 men will be needle for
new manufacturing plants hero.
Not less than 5000 mechanics arc en-
ployed hore now, Our payroll runs up
into the hundreds of thousand of dollars
monthly and is constantly increasing.
What lesson does all these facts teach?
The answer is simple and easy. If
you desire to make a profitable invest.
men5 now is the time to buy. Property
here will never be cheaper. Our growth
in mGnufac ure' and population is SO
rapid that real estate will certainly in
crease in value. Itcannot be otherwise.
There arc many good bargains to be
ootained here-hundreds of them. They
are to be found in the ''West End,
South Roanoke" North Roanoke"
and other sections of tho CITY, The
prices of these lots are low and the
terms easy. All you need is q small
amount of money and the guidance of
l.. l.. Powell & Co., the real estate
agents, whose Office is in tho Stewart
block, opposite the city postofiice, on
Third avenue Campbell street,. This
firm also have for sale some of the
finest improved and unimproved bust
ness property in the city.
Take word of advice and look for a
homo or property for speculation pur-
poses now. Delay means larger prices