Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-05-14
REAL ESTATE VALUES,
They Are Better Than They Have
Been for Seven Years.
TENDENCY IS STILL UPWARD
Increasing Demand for Factory Site
and Farm Lands.
ANOTHER WEST END DOOM.
rour new Industries on the Tapis-
Bricklayers Demand Increased
WnKes-The building Trade Tone
IL MoEe Hopeful.
ANOTHER WEST END "oo"'
rour new Industries on the Tapis--

One Of the most hopeful signs OF the
tate situation. The agents generally are
agreed that IL IS better now than it has
been for seven or eight years while the
outlook is infinitely more hopeful ana en-
couraging than il has been for mucn
longer period OF time
Not only are there more enquiries Du'
a good deal Of property IS chahs'hg
hands. and what IS more sisnihoait IMAM
ali else. prices are stinenins.
The enquiries are not restricted merely
rs 10 residential property and stores, but
there is growing demand for factory
sites as well as for farm lands.
Several West-End lots have been sold
recently at an advance over the last
prices and higher figures have not been
paid for property in this section since 1890.
one prominent real-estate dealer said
Yesterday that his business during the
first four months Of this year exceeded
b. a good. round sum the total of his
transactions for the whole of 1898.
WHY BUSINESS is BETTER.
The reason for the revival-for so, in
deed il may be called-is attributed in
some measure 10 the wave Of general
prosperity that has passed over this coun-
try. bit il has also been largely iniu-
enred by the mItured plans Of the Chesa-
make and Ohio and Richmond, Peters
burg and Carolina railroads.
That this latter cause is responsible to
Il large extent for the effect is shown by
the depression which has followed i'm the
wake of ths delay of the subcommittee
ON Streets u acting upon the franchises
Of the TWO companies.
DEMAND FOR FACTORY SITES.
There are three corporations negouat-
ing for factory sites in the city. Their
names and purposes are being concealed
through motives Of policy The granting
az The petition Of the Chesapeake and
ohio Railway Company for a franchise,
and the establishment Of their lines in
Fulton viii lead, il is said. TO the build
i1c ~ another large chemical and ether
manufacturing plant in that direction.
Tle gentleman most interested in this
project is a prominent citizen of Rich
M01l and an eX-member of the Board of
Aldermen.
The increased activity in real estate
dealings has led very naturally TO the
architects and contractors see only the
silver lining 10 the cloud that has over
-hadowed this particular industry for so
many years.
BRICKLAYERS WANT MORE.
The prospects are particularly bright,
while small and large buildings are
sprnging up I'm all directions. The brick
LAYERS themselves have made a move to
got into the sunlight OF this new pros
pfrity. and have already formulated
demand for a very considerable advance
81 their wages. Hitherto they have been
working for 10 cents an hour. but the
unions have given notice that after June
1-t members Of the craft must receive 60
CENTS There does not seem 20 be any
likelihood of a strike az this writing, but
ile point win hardly be yielded, If il is
yielded 40 all. without struggle.
Materials have also taken an upward
im and better prices are now being
commanded for brick, stone, and lumber