The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-12-12
GROWTHOF REALTY
VALUES is AMAZING
Not Vacant House City and Scores Under Construction
Opening of East Petersburg Line Of Electric Road
to Hopewen Open New Opportunity to Home
Seekers and Investors

In the civil life OF America today
3hcre is nothing more impressive or
d significant than the commercial awak =
ening of Petersburg. one of the oldes.
cities OF the South. having withstood
the rayeges OF the Civil War, and for
many years threaten great hardships
were endured by Its citizens. And
3rom that tims until tho year 1914
1 no great progress and development
Dad been made. and people were NOV
Ing along ut the slow pace that has
usually predonlinated n the old towns
throughout the South.
When the European war was de-
c1arad and the +. /. Dupont de
Nenaours & Co. were overwhelmed
with orders for ammunition they be-
\ gan operations nine miles east Of
Petersburg on several. Thousand acres
OF land they had purchased a few
years previousls for a dynamite plant
+ and AT once began The construction of
what today As the largest gun cotton
mandatory IN the world. building
unit after unit. as fast as material
and workuen could be secured. and
last April was ushered into existence
the town OF Uopeweu which today
has several thousand population. and
still growing But still the citizens OF
Petersburg ala not awaken. AS the
months rolled by and people from
every section OF the United states and
many foreign conutr!rs have moved to
and fro through the city. occupying
every room, dwelling and shack. and
were raaklng fortunes on their real
estate investments within a few miles
OF Petersburg, a new life game into ex
isteace Petersburg az yesterday Is
not the Petersburg OF today. There
In not a city in the United States the
size 81 Petersburg prior to the great
awakenang where real estate values
were AT as low an ehh as here. and
ye. prices OF to-day. after six months
development, are very low, as COM
pa red 20 realty values % other cities
OF las size. The correspondent has
Travelled extensively throughout many
sections Of the North, Eass. South and
Iidd3e West. and hes been Ia a posi-
tsen 70 observe the growth at realty
values and development OF towns ana
Cite Of all SIZES and population.
II In mis- opinion there IS not a city
In this land ut ours that should ap-
peal TO hemeseeAers ard investors
more than this city. with its good
esta f,iished schools. churches OF all
denominations splendid sewerage ard
drain ge, pure water. great number OF
iarre stores and markets, selling goods
At right prices. Uusxcellei electric
Hight system and street car service.
with many factories Of all kinds. and
the great Dupont works with Il pay
roll Of s1.soo,oGo. payable seri-
monthly, which Is one OF the largest
OF any single industry In the United
States. and city that Is served by
three trunk line railways, the Sea-
board Air Line. Atlantic Coast Line
and Norfolk and Western Railway.
Virginia Passenger and Power Conn
pnny between Petersburg, Chester and
Richmond and the Petersburg and
Appomattox Electric Railway. now
building to the great Dupont plant
logical place fer new factories and
1etsiers,
To those who have hesitated IN the
past and have doubted the perman-
ont and substantial growth OF the city
OF Petersburg. a few words OF enlight-
eminent Will not be misplaced. When
the great rush was made 20 Nlondske
and the gold fields of the West. 1t
was a gamble from start TO finish. II
the ore was found in paying quantities.
big money was made. otherwise a dis
mai failure. In any oil or gas boom
there has always been chance TO
lose. IN the great rush of homes
aeeks ~ Canada. the Dakotas or Okla
homa sufficient capital was necessary
90 finance living expenses for at least
one year. and If in that time. tho
farming season had been a successful
enc. and satisfactory crops produced
and sold at n profit, money was made
II, on the other hand, the season was
poor. they were In destitute circum-
Atances The opposite Is true OF con-
dit'ons y Petersburg. To prove this