Lexington gazette. [volume] (Lexington, Va.) 1871-1962, 1909-01-06
A REVIEW OF INDUSTRIAL
CONDITIONS

ttOuc III ACAiH tOh ouA AVNN ~ ~ e
brings to mind that steady build
ing boom has been enjoyed in Lex
ington the past year. In fact, nc
year of the recent past can be re-
called when so many substantial
buildings have been completed
Among the houses erected are the
handsome new library ct the Vir-
ginia Military Institute and im-
provements in the hospital, besides
the new chemical laboratory now
urdor construction; the stately
Carnegie library at Washington
and Lee University; the rebuilding
of the Hopkins block on Main
street, with modern and ample
storerooms; and the following new
houses in town: Messrs. David
con Brothers, two large brick
residences, Mr.. W. L. Tolley,
superintendent of the buildings;
Messrs. Penick and Robinson, two
residences on Edmondson avenue.
Mr.. D. S. Layne, contractor; Or.
A. D. EstiIl, one residence and one
club bCuse on Washington street,
Snesd d Co., contractors; DR.. f.
w. McCluer, jackson avenue,
Messrs. Frank Moore, Jordan
street, John A. Champe and R. l.
Fitch, Main street, residences, Mr..
J. g. Loyal. contractor. Other
new houses erected are those of
Messrs. G. L. Lofts, j. A. Mans
pile and James w, Mccoy on
Jordan street, JohL Spillan, Syca
more street; Frank Reed, large
brick sales stable, corner Randolph
and Lewis streets; John Sheridan
DR.. A. W. Peasants and l.. r.
Freeman, Frank Grigsby and
Venia and Cora Turner on Green
Hill. The following houses are
under contract: Mrs. B. X. West,
residence, Washington street,
Snead d Co. and j. A. Champe,
contractors; DR.. ]. r. HOwerton,
residence, Jackson avenue, A. S.
Gilloc&, residence, Penick and |
Robinson. two residences, Edmond
son avenue, Rulings Brothers, con-
tractors; DR.. F. W. McCluer, two
residences, Jordan street, j. C.
Loyal, contractor.
The new High School building
of the town is now under con-
struction, and the site for the pro-
posed 5000 government build
ing has been selected.
Houses in Lexington and farns
in Rockbridge are bringing good
prices, and such property is in
great demand. There are no va
cant houses liz Lexington, anG
farming land brings in some III
chances as much as $50 and $50 nn
acre. 1t is said that the farmer
for the past yeer or two he's beer
the most prosperous of men, and
his labor rewarded with good crops
at excellent prices.
The three Lexington banks, &C
cording to their last published
statements, had on deposit nearly
one million dollars. Following are
the items: First National Bans: ,
Capital stock, $4,000; surplus, E
$4,000; deposits, $3.50, $50. Bank {
of Rockbrldge: Capital stock, t
s65, OC0; surLlus,$ $40. 900; deposits,
$685. O5. Peoples National Bank:
Capital stock, $4,000; surplus,
90. O0O; deposits, 1908 900. L
Lexington is an educational o
tswn ana this year has witnessed
the largest attendance at the two .
here in their history. Z
In fact, nuch of the prosperity of g
the town is due to the influx of the S
eight hundred ycurg men s9joura-
nG here. Certainly this seco4Ets ;,
N a measure for the unusual de- +,
nand for houses. tt
Lexington cannot boast Of 81
numerous manufacturing plants,
,ut the few located here sfcrd u
Inc market for the products used G.
They are the Rock bridge Lime &
stone Company, recently purchased fr
y Local business men; the HUI ser pI
Davidson Sale Wholesale Grocery %
and Moses Brothers Rol-
,r Mills. r.
Lexington within the past year &C
as completed new granoIitbic ~
idewaIks, has oresed several new
esidence streets, ana has laid ex- y,
ensive water mains to supply ST.
:R..@ oont;ors of tho to,,o