The times. [volume] (Richmond, Va.) 1890-1903, 1899-12-31

business Is the large number OF west
era and northorn farmers now actu-
ally here IN our vicinity seeking
homes. besides many inquiries from me
chanics and clerks who have saved up 2
little nest egg during the past year ana
are now looking around TO secure homes.
Suburban property Is beginning 70 look
I'd. and the large DEVELOPMENTS on the
northwest suburbs in stock yards the
J. T.. Pace Pork Packing Co aDattoirs
and prospective railroad shops will tend
20 create demand that VIII have us
eTect toward Increasing values and VIII
induce the wise investor to take ad-
vantage OF the present low prices OF SUI
burban property to make profitable
turn in this most attractive section. The
day Of the surDurbanite Is drawing, and
we predict tina, 1900 viii work SURPRISES
IN improvements IN values in our West
end and North S'de suburbs. The man
with idle money Will not be content with
low interest when such an attractive held
Is invit nS him TO larger returns. hack
ed, as It is. by the growing demand OF our
increasing and thriving population Tor
homes OF their own"
II. Sci DON TAYLOR.
The outlook for real estate Is encour-
aging. values sre Grmer and many In
qulrles are berg made with view 10
purchasing iu the near futur ,. There mas
been a decided improvement in the rent
ing dcDartsl, ent Of our lire II business
During last fall dwelling houses. especial
~. were in demand the result OF which
Is there are fewer vacant dwellings IN
this ty now than there has been for
some years.
GENERAL. IMPROVEMENT.
John +. Goddn q CO.. real estate
agents and auctioneers. said;
1T IS an -kncwledgeG fact that busi-
ness In our city has improved IN ue1rlY
every branch Of trade. During the past
year a large amount Of real estate was
sold and prices realized were much more
satisfactory than for many wears past.
The demand for houses 40 re"t increased
astonisbirrly. especially during the latter
mart. until nearly every medium-si1ed
dwelling was rented, and In many cases
applicants could not be accommodated.
This improved state Of affairs Is due
mainly to the large number OF rev enter
rrises started In our city, Us increased
force nece. sary 10 carry on the large
volume Of business M tha Richmond Lo-
conceive and Machine Works, the VII
liam r. Trigg ship Building Companv'
end the great work now being done by the
Chesapeake and ohio and the Richmond
Petersburg and Carolina Railroad Com
pany.
''kichmond seems 10 be better adver-
tised as we are constantly receiving let
ters from persons contemplating coming
TO our city 80 I've.
ON our opinion. Richmond has a
brighter future han ever, ana WIN 'n"
addition Of the handsome new depot OF
the c. and O. and the proposed Improve
ments in some Of our electric railway
service we think our city will take SIS
place in the march Of progress with any
other city in the Union
a SPIRIT OF ACTIVITY.
Nessrs G. l. and II. L. Denoon, the
wei known real estate agents said.
1.-THE signs Of the times are unmisiak-
able il does not take even close ob'
server 10 see that Richmond has taken on
"a spirit of activity. a movement in the
direction Of 'he development Of her natu-
raj resources. such as has probably never
been manifested here before.
After .org-con inued period OF de-
preston. fl IS II fact we'll known. that
real estate is slow to move, but during
the past year that movement had started,
and IN q manner that is indeed refresh
ing to see.
"Nor can this demand for property he
considered IN any sense a boom, but Is
simply a natural result ,hat must follow
BUSINESS operations that have absorbed
ala available labor and requires more
Nothing. probably, affects the local real
estate narket mcGe than the condition Of
the wGgc-earnor. For the first time In
many years there is a demand from rent
era for a good class Of dwelling property
that can hardly be filed.
1--WE believe that every real estate firm
IN this city has felt very materially the
results OF these general improvements.
We viii state most tatinsly that
our business has been better and more
satisfactory the past year than at any
time during the last five years. Rich
mOnd IS a charming place OF residence,
and with a continuance Of the prosperous
business conditions now existing we may
expect an influx Of population I'm the near
future which ST. ouid have 81 very health
full effect on value
1--WE have an abiding faith in our city,
and believe that 40 city IN the South
offers greater inducements 10 investors"
n. ". BOWIE.
The real estate market IS yet IN an I'M
satisfactory condition from a real estate
agents standpoint for it IS still rather
a dull one. vet not as bad as It was. dur
ing 1895 There are however, many
hopeful features in respect to the market.
growing out OF improved business con-
ditions generally throughout the country,
and especially al this point, which IS
shown IN the many new undertakings I'm
our midst. some on large scale and
along entirely new lines. while all the
established activities, both mercantile
and manufacturing. are forging ahead
with increased business and better prof
its. In this connection ] should not omit
10 state. for il Is most important fac
tor. that every one who wants work can
get II for the mere asking. As one of the
effects Of these favorable conditions va
cant dwellings, have been In much great
er demand. until there are but few more
than the normal number OF vacant dwell
ings for rent There is also an apprec a
able dimUnition In the number Of vacant
bus ness houses The one prominent
cause for the ind'sposltion TO invest In
real estate. not 10 mention the poor po-
lice protection given 10 vacant houses. Is
the low rental values. Now Il the pres
ent growing demand for houses should
continue better returns will resul.. and
then capitalists will again seek real es-
tate investments. which are by large
number OF people considered and prop
erly 80. the safest aid best holdings.
In conclusion. 7 would saw ! confident
" believe the next year wiz witness
markedly irrprovsd eond ton in tho real
estate market.
CHARLEs A. ROSE.
In resnonss - your request IS TO bus
ire-s improvements alons various lines
and comparing results Of 1909 with those
= fSq2 3 wovl1 eav WON No~'Nrvat''N
basis. there has been general IN ad-
vance In all branches and classes OF real
estate The demand for modium-slzed