The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-08-19
4: A.[STA7'EAND
BUIL | |! news.
Prospects for ,' Early /, Fall 3, n.
Business Remark
ably Bright.
sss 55 t INA I.
/. PRIZES OFFERED III
AT RECENT SALES
Messrs. Green and Redd Have
an edingly Interesting
Guessing Contest ii Con-
ection5 With$Auction
I..5I ofValua bic Park s2
! Ave. Property

Oh (BV dludO AS & - =
Ave. Prope
S The real estate firms OF the city have
experienced a dull time OF IT during the tho
past week or two owing to the con tlnue 90
Y heat and inclement weather and S.S the
Usual business inactivity OF the summer;
But already there are signs to the care car
#ful observer OF returning activity as the
= ns,,tumnal solstice begins to draw near
n Thera Is always d $slackness in all bust
4 ness circles during the three months ,3tl OF
d 81 ,ner no less in the real est 70 mar
Ssket than Ii, other forms Of o,iain but
,with tho coming OF September and cooler q
wenther things are egtnning to PICK b up
and take on livelier hue. \.
n 8Ylancing over the sales n the real
q estate market during the past year " - 9,
v even during the past few months. one !. Is
struck with the rapid gro WI ~ 1.le sc..y,
with the large increa n ou = ..,u
\ IN E the Incoming OF many new people
Nan, az the laborIng and business cla sse3.
III .vho wish either To build small HON es o.
"a hci s. own or to rent them until they are
Il Able to become propert " 4 9 wners
There Is nothing that tends more y -! -
show the success or allure q e q Ely It:f
II than the status OF Its real estate marhee
a. long as there Is prosperity In this line
n of business 1t may always be. felt that
the city is progressing. and that IL - N n
W fairSway 10 grow and to increase both
a ID. a con mercial and residential center,
" and that its people are prosper ous I and
II nanny. nm Richmo nd, . then; 81 has every rea-
Y son Is be optimistic. There has never
e been any serious slump IN real estate
tho demand for homes Is steadily IN
c.easlng, moro people are continually
u coming In, and IN every part OF the city.
from teh far " est End among the furtt ~ q
avenues and In Leo d District down TO
the southwest purlieus OF Fulton, may be
q heard the sound OF the hammer and the
& So ". tapping out nessnge Of prosperity
~ and success. 3y s33
Many Are Home Building.
sf938 AZ long then as be ople are bending their
n energies toward home building and d.
recting their effort To the arts OF peace,
Il 40 long does wealth nccumulate-though
81 1 not necessarily men decay-and so long
Il viii prosperity and peace and happiness
bc abroad In the land. Home building
means too. that the various forms OF
4 business are on the increase and are n
II q condition OF case and fine clrcuH-
Is stance Everywhere In the city new
forms OF business are being created, and
old ones are being improved and bet-
III tered. Richmond Is rapidly becoming
\ more and mora one OF the leading COM
mercial centers Of the South the Cir
~ cumference Of her influence Is widening
with the passing OF the years, and she
II stands out as one OF the tinfalltble signs
4 that the Southland has emerged from the,
period Of distress and neglect consequent
Y on the days OF the reconstruction and
that the Southern States; besides being
& not only perhaps the most important ag-
) r.cultural section OF the country, Will
soon rival all sections In other forms
of business and industry. 5
Gntcr Parlo. one OF tho prettiest resi-
q Dental por tons OF the\ city. Is rapidly
4 being improved and bouGhtSupS by home
Il seekers, Mr.. M L. Ho ftetmer is making
many inlprovements&o on the lots recently
purchased there. He Is putting down
H granolithic paYements entirely around the
property. and It is .understood that others
& will do likewise. Mr.. Hofhe!mer expects
3 to model his homo after the style OF that
y owned by Thomas ", lawson the icono-
clast OF &:frenzied finance N S5
Important Sales Made.
I'd There were not many sales last week.
n Ono OF them. however, was one of tho
%iargkst deals In real estate that the
city has seen In fa LONG time. This was
q the sale OF several very beautiful resi-
dences on Park Avenue by Green s Redd,i
auctioneers. Connected with the sale was
nearest to the actual prices which the
houses would bring, and also nearest to
II the total amount OF all OF them, This
made the sale very interes Ting.
IA Bidding was very spirit ted. and on the
whole the property sold very sattsfac-
torily. PARK Avenue Is rapidly becoming
i recognized as one OF the prettiest ] Iesl-
s IN this street never goes begging. The
s. houses SOLD were Nos. goo to 22lo, 1nclll-
K siye. The sale was attended VIII many
y amusing results, The prices paid on the
day OF auction were s., 500 for the corner
house, $4,000 for the second, th'ra, OK
and fifth houses, respective a'a " S1''Vo
for the last house II,
Guessers Are Confident, !. u
Before offering these houses. inc t,st, aus,
4 Noneer, Mr.. II, Francis Green noo A Ntrans
the crowd, which WAS about nv ~ 1a,a ss
N the respective prices that woula 20
gSaid. and said that there was Q Very Wlno
Inference OF opinion among those colsss
Testing for the prizes as to the Va' w. =
Y the property, "a U .. ]. Z :. ~. 49,
One lady sending in her guess was very I !.
postiyc that the entire sale would pFllls
Is5,oN and that the corner house Wa .
D great basgn,n at sl5, ooo Anothers %, -
excellent Judgment, said that abolt
rs, Geo would he the pHce, and q third
lady vas confident that the properly
Would moi bring a cent more than $4,000
Nj, Green announced to the crowd tina +,
n as the houses were knocked down TO the
highest bidder, the successful guessers
would receive the prizes by applying to
Inc counters, who We're stationed on the
first floor Of the third house, When he
announced to them, after g very spirited