The times. [volume] (Richmond, Va.) 1890-1903, 1892-02-21

stock OF tho corporation II siO00N.
Every dollar OF this increase Is 90 be exc
pended IN adding 90 the already magnificent
facilities of tho plant Tor building the largest
sea-golng craft. This company has already eK-
tended here some s3,500.OOL The dry dockani
shlp-yard investment Is an evidence Of the c0u-
hdsnce OF Northern capital IN Newport NeWs-a
confidence SO far fully JusIhod-and There IL
warrant for the assertion that the millions n
Northern money already placed here Is only 81
earnest Of what Is 90 follow. The shops Of The
p%lant-a score in number and covering acres
give employment 20 q nigh class OF skilled me-
chanlcs. and all such readily ind work az wages
which maze them cOntented, and consequently
lnculcate a desire 10 become property owners.
What with the additional equipment 90 Doe De
in with the increased capital, tho growing
prominence Of Newport News as a coallng STA
tiOu. sud az the same time a touching point Tor
rerairs. and the inauguration OF a great trans
atlantic line of steamships, supplemental fo ine
lines aire ady established 10 Is not questioned
that the lry-DOck and Nhlp-lard Company WIZ
soon number its hands by thousands. over ani
above this enterprise there are a large number
OF other industries here. and the distribution ~
wage money at Newport News Is greater chan ln
any city OF its size ln the country. rms dlsif-
button Is a regular and continuously increasing
factor Of the prosperity or the place.
A BEAUTIFUL LOCATION.
The demand for new houses IN order 20 NEE.
tho Growth Of uOuulatlOn of the place has been
something almost phen9menaL Indeed the
ply has never been elual 90 me deuahd' any "A
Wow OF IMH IfNHENLN|H WA NNN AH" "" ."
certain financial benefits that were apparent
the Newport News Building Company Was ole
gained. The cOmpany's property rs slluhlta "a
a beautiful ulateau overlooking Hampton hoala
and between Newport News and Hampton
Every lot ira 10 commands a sweep OF the spark
ling Roads. and as no health and scenery and nc-
cess to the great cities OF the country possesses
all the advantages Of that celebrated waterin5
place, Old Point Comfort, which ~ only d ftf
miles distant. IL Is IN the natural extension OF
both Hampton and Newport News, being within
q. 4. IL f.ffEff4aH ride Inv electric cars OF the IUaI.
ness centres of both places, YET far enough ff.
moved % b0 quiet and partake ~ the attractions
OF suburban residence. Inc 1hesapeahe ana
Ohio railroad runs near IL, the electric railway
lines connecting Newport News. Hampton ani
Old Point is not five blocks from any lot poo ma
plat. and from each villa and cottage sito theie
is a fascinating panorama spread out 10 can 70
confidently asserted that no property ln no
whole Newport News section Is more desirable
for residence purposes. a 10 IS directly % tMo
line of all the fashionable ana suDslhhtlAl Itfi-
opment now attracting somucn attention o lho
new city by the sea. It's situation IS such that DC
must partake Of al the benefits or tho progress
Of Newport News.
SOLID AND ATTRACTIVE INVESTMENT
The plat has been secured boy tho company a.
q comuarafively low figure. the prices having
been agreed upon before the recent advance I'D
real estate and before several steps wore lAht1
bv large interests here which are desilhed
give. and indeed are already giving, ione".'
fmuetus 10 Newport News progress anu thlau
sion. IL is therefore believed, and the DeArl
based on grounds that appeal 20 the sagaeiy 9l
businessmen. that the company VII not onl
make money. but make 10 rapidly and 70 lal.7
amount. The scheme they present Is holln'
@,rTetive. and financially safe, andthe analfs OF
the COMPANY are managed by conserFatlte RI
,nonsible husiness-men. such IS the apsolN.o
,o.~s-itv for homes AZ Newport News that mrf'
- s. bou-e on every lot owned by the NeWpof.
Jews building Company 10 would md q puf
chaser or a tenant.
MONTHLY INSTALMENIS.
,nontbIv instalments OF otherwise, thus
ooaering an opportunity for Investment 20 no
81. 49, ~ moderate means as well as 10 the capt.
tGlist.
For further information apply 70
rHDING COMPANY,