The times. [volume] (Richmond, Va.) 1890-1903, 1898-01-01
REAL ESTATE MEN HOPEFUL.
They TAKE IN Encouraging View Of the
BUSINESS Outlook.
ARE MANY SIGNS OF IMPROVEMENT.
BuiIding and Loan Associations ana In
sursnce Companies Have Done
Gratifying business and IA
peofing Better Times.

views with real estate. hui ding and loan
AID insurance mcr. 10 will be noted that
they take an encouraging view OF the out
look and express themselves as being
gratinod with the business OF the past
ye>f.
JOHN r. GODDIN & co.
The real estate business has been dull.
FOR the most part. during the past year,
as was generally expected. Comparative
" few sales were made. except under
deeds OF trusts ard DEGREES OF court al
though 81 tho latter part OF summer ana
early fa;l there was quite an Increased
dcmond for houses 20 rent. resulting In
large number being rented. ana the
rent Hsls" very much reduced.
As "a The coming year with the pros
poets and hone Of an economical admin
isirafiof. ~ which faxes will not be in
creased with the likelihood Of an i'm
provement being made 'n Our present CITY
and state laws. thus Offering some induce
rnents 20 capitalists ana others 20 invest
their money in real ertatc. the establish
rnent % 'hc sugar beet plant tho enlarge
mont o; ono Of orr public institutions to-
reiter with other nriv.to entornriees. we
have reason 10 think that business Will
improve - tho CheS rrakc and Ohio
Railway CofGpany Womb begin their WORK
81 building Tho long-pronisod Vaduct. and
handsome fcrof q ,vouid bc -he means
~ our mechanics. arf hr'O Greatly 70
stimulate ndusfrlcs and build IN our city.
We might mcnt on that within tho past
fpr' or three months We har had calls
and received letters from parties from
Wisch 1sn Nebraska and other Western
states. wishing 20 purchase lands IN Vir-
RlnIa. VI ich is another gratifying feature
&c We bAHovo immigration NJ this kind
would rcsr' IN much perma vent good 20
our whole \ IffrtrN
Altogother tho outlook for the future
seems TO 70 batter than this time a year
ago.
HARRISON G co.
Editor The Times.
n reoly TO your re,, ues' 20 write some
thing ~ the business conditions ~ tho
psst year and our proA poets for iSq0 for
your January ist edition would say that
Just ruch enterprise as yo,' are showing
in this particular instance y publishing
~ the world the many adv. antages ~
our beautiful and historic old city win
20 a great way towards accomplishing
the end In view-to wit: that Of attract
ing outside capital and Investors and
requesting them 20 visit VIC and let ms
show them what we have 10 offer
The business Of the past year has ox-
cecded by far that Of 1906 but We. -
course. expect and hope 10 discount 1857
with our 1895 business. The development
OF the water power OF James river 7 con-
slider the most important item 10 the M
building OF our city that ever was UNI
dertaken. and before the Virginia Elec-
trio Company completes their mammoth
plant expect 10 see Richmond double
her manufacturing interests by reason
OF the establishment Of this enterprise
alone. Cheap power. magnificent els
mate intelligent labor az moderately high
eft ms I~rlsl
and. last. but not least. an interested
people led by the powerful press. Will
make Richmond one Of the most flourish
ing cities In these United States.
commend your good work, and. I'm
closing. my parting Injunction is Keep
81 up." You will have the people 10 back
YOU sooner or later. and when YOU 90.
there will be no such thing as holdlhB
US back.
J. THOMPSON BROWN 90.
Absence of speculative buying Tor the
past wear in real estate. with the attend
ing dulness i'm other lines OF business re-
suited In a lethargic and depressed mar
ket Most Of the weak holders or real
estate have unfortunately for them. let
go and the bulk Of all speculative realty
IS now In strong hands. who wisely nave
held on and viii doubtless reap the bene-
III OF an enhancing market The bottom
has been touched IN values. and those
who have purchased and viii purchase
81 the current low rates are iay!hS up
uaol es,Ionable profits.
Many inquiries as well as actual sales
Curing the pas. month all point 10
moro attractive and advancing market
Tor tho coming year. AZ IN instance or
this we have sold fn the past thirty
DAYS n small piece of real estate at an
advance of % per cent over what II sold
70. rff,s.,ncnths ago. And recent pur>
chaser OF a handsome Grace street dwell
ing declined TO sell AT an advance OF ~
per cent. in less than fifteen days after
his purchase. These arc unmistakable
evidences that the future OF real estate
gives promise OF greater activity ana
higher prices.
pu, ndd TO this the proposed reform in
municlpal Affairs. the development OF our
wasting and neglected water power the
new industries and manufactures now
almost an accomplished fact-in sugar
chemicals. fertilizers and others project
altogether with private and corporate
improvements so long talked OF, put
which will dout tess be nm accomplished
fact before another twelve months roll
ground. All these tend TO give hope and
announcement to our speclal line az well
as add 70 the general welfare ana pros
psr,ty o, our city and State.
CHEWING & ROSE.
Last years predictions have been veri-
fed only as 10 large corporations COM
hines and trusts. The people Of this coun-
Try are TO be commended for having so
ruielly yielded to suppression and oppres-
sion. measured out 20 them by the re-
presentatives OF the above mentioned
money powers IN the halls OF national
legislation, thereby making the rich
richer and the poor poorer. Until rem
edy is found the eahove condition OF al
~ fairs must OF necessity exist. The burn
Lang question Of the hour is whore is relief
be found. In view OF the above facts
r progress has been all that could have
en- expected. Our newspapers are up
;Adate in ilnparting the news OF the DAY
NtN they have unqucstionably erred IN re-
porNing too closely the debates Of our city
fathers. concerning the financial condition
Of our city. which has undoubtedly mis-
led the reading public The agitation OF
the school appropriation and the spleen
vented upon the dissenting Couhcilmen
was likewise out OF place. We must IN
woke the aid Of rich men TO manifest more
Interest in the up building OF our manu-
featuring interest and recognize that In
80 doing they will put willing hands TO
work who Will directly reimburse them
by occupying their empty houses and in
creasing the value OF their lands.
Lastly. as the curtain Is 10 be drawn re-