The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1891-05-20
HOW TO AVOID MISTAKES.
Suggestions for the Guidance Of YiSi-
TORS.

| reliable guide in prospecting for profita
bio inves tmcnts. If he is guided by un.
| reliable people or statements and on
their representation makes an invest
ment it 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
thero is not the slightest danger OF los
ing money no matter in what section
of the city you place it. Handsome pro-
fits are realized quickly, and where you
will double the amount invested in
others town it it almost absolutely GER
tain that you will quadruple it here in
the same length Of time.
Not dollar has been lost in Roanoke
real estate since 1852, the birth year of
the city. This is broad statement,
but it is true. In this respect the Magic
City stands pre-eminent and boldly
challenges comparison. Here it is not a
question OF "lan 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. Il is the
leading industrial city in Virginia and
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
pastis the 1uture will surpass it. Look
at the record
The Midway Iron Mill, for the manu-
facture of bar iron, bolts, railroad
spikes ETC., is nearly ready for bust
ness, and will employ 125 men.
The muck bar and plate mill at the
West End Furnace is approaching COM
pletion, and Will employ 600 men.
Glass works to employ so mon, and a
shelf hardware plant to employ 300,
have been contracted for and will be es-
tablished during the present year.
The four new industries mentioned
above will employ 1925 men at remun-
erative wages and create demand for
homes which must be supplied. Other
industrial plants are in contemplation
and are certain to be established: and it
is safe to say that before the end of the
year 1891 1000 men will be needed for
new manufacturing plants here
Not less than 5000 mechanics are en-
ployed here now. Our payroll runs up
into the hundreds of thousands 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
ment now is the time to buy. Property
here will never be cheaper. Our growth
in manufactures and population is so
rapid that real estate will certainly in
crease in value. 1t can not be other
wise.
There are many good bargains to be
obtained here-hundreds of them. They
are to be found in the "West End
South Roanoke" North Roanoke
and other sections of the city. The
prices of these lots are low and the
terms easy. All you need is small
amount of money and the guidance of
l.. l.. Powell Sc Co., the real estate
agents, whose Office is in the Stewart
block, opposite e city postotfice, en-
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
home or property for speculation pur-
POSES now. Delay means larger prices.