The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-06-10
Market In Healthy Con
diti0n. and Property
Changes III lands.
OPENING UP o f &
NEW .INDU STRIESI

S83 Sell Well---Messrs. 81
John T. Goddin III sss
& Co.'S Sales. E S
The past week has been one of Il con.
siderable activity In real estate and
many pieces OF property have changed
hands both by private sale and W! way
.of auction. One feature OF the weeks i
transactions has been that nearly avery
piece Of property offered at auction was
sold. This Is an indication OF q healthy
feeling. When business Is not good and
investors are not especially cal ger FOR
property. most OF the realty offered Sa4t
auction, unless It be h O. forced sale y
taken In, tho sellers making good use
Of the bids made as pointer for f0tureF
private negotiation. SSs
Another nteret ting feat ure # Of PA thu
weeks business and, indeed, Y OF the past
several weeks, work, isS that the rad #S
ing has not been D local. but has been
scattered all over the city. From Church,
Hill II to II the Boulevard, M and Al from the
river to the northern limits o. the #citySS
good sales have been made. and there
/ Isl general y activity all along the llnesss
u The suburbs, too. arc III right In 81 the IA
swim, and the agents who deal ssknost5sg
largely in this class Of 4 property report
no falling of In 81 the inquiry for LOTS
upon which to p build suburban homes.
One agent reports that there has eYenSs
been some inquiry for lots as far out as&
Bon Air. 8S
sE38 Building operations are & simply WI enor NJ
nous. 1t n Is probable that there never
was q time In / RI chmond's history when
as many bricks were to be laid into sub sSs
.stantial walls as now. Contractors areas
busy In every part OF the oft u and there
rs a. cry for more Workmen.s ArmlesSof IN;
them are now as busy as bees IN
find profitable 5empl oyment II they were
here.
Opening Of N EVIL ndustr RES gIsI
J. Ss Thomp Brown and As Compan
have Just q located Johnston and 81 CONF
Gpany, & Incorporated. paper box &1nanuf acSs;
3turers, In the "a nslle pr operty, on South
Tenth Street The Johns ton factory iss
\ at M present III loca ted on s Twenty fourths
Street, but their increasing business res
Squired larger and more convenient quar-
/ ters. ohnston and Company If will COLI
ssiderably enlarge the present Oh tpnts sofA$
their factory. and. IN I'D dlt!ons to N they
card board, they wi II add nlaillng tn besss
and corruga ted paper, both snsW fcaturessi
In the paper trade OF r chmond, nd
folding cartoons OF s every descrlptt Ions
New and Rup-to-date mach inerys has BEEN
secured for this new feature In tho pareFSs
trade OF Richmond. IS The Ainslie tpropertysss
secured by them consists OF abouSS q, 0O0ss;
square, feet OF ting, hich be-
thoroughly equirped with mod and y
p-to-date machinery for their present.;
product, as well as for their new ines.Sffl
The additional features adj edS q 10 NJ heirssl
plant will require employment OF an extrR
ssk!lled force, doubling their present
number. Il Ills EssS
& Brown and Company have also rented
to Granville Gray. general manager for
the Otis Elevator Company B wa ehouseI
Johnston plant above cited. The otisis
Elevator Company Is one OF the largest
manufacturers OF eleya tors In the world III
and, 3 recognizing the advantage s3 IKE OF,
shipping from this point, they WI USE
this warehouse to suppl y the Immense
Southern trade 5enj ed by them.
New Livery Stable.
& The gAinslic property referred to abovess
was acquired some mon ths ! ago tn rough N
Brown and Company by Joseph Bryan
and John P, Branch. Soon of ter their,
frontlug on Cary Street, which was used 81
by a livery stable, was destroyed BY 4 re-
Upon the site OF the n old stable burned
Mr.. John p. Branch Ia NOW having erect
ed new, modern, 6 III to-da to Il ltyery5s;
stable, which has been rented to Messrss
Sutherland and Yarian, VIII o will occupy
1t as soon as completed as general li1eryHss
and boarding stable. It will I bes 4 tlor-5s
oughly equipped with all 81 the Latest;
modern stable devices for the comfortlg
of both man and beast. Owing to ita q;
desirable location, there were mar apps
.pllcants for the property but 1t was
finally secured BY the above firm, "a. i
q Brown s. Co. are In negotlat y on 4 with 81
large outside corporation for store No. A
3 South Tenth street. whom they have
EVERY prospect OF locating. and whlch8w
add another new, large and Important N
industry to the growing commerce or III
Rich.nond. The firm did not feel at lib.Ss5
erty to mention the name or character
OF their business, except to say IL will sgss
add another entirely new scon,lnodi ~ 9to &
the many manufacturing industries M off,.
OF the past week, Brown g. Co. report i;
an active market In all lines q their blis.zs
mess, as we'll as In private and pub ~ NH VII
auction sales, which does not seem ITO gs,sS
be confined to any special location. but
exists In all sections OF the city, as NE
as suburbs. The modest homes ker, az q.
well as the capitalist and inYest 1rs5 v
much In evidence. I,sss 81 sss sss
Sales This Week. s5sbs
I A number OF deals were closed By them M
during the past week. 81 partlc liars OK sS
which will come later. They have three s si
auction sales scheduled for next waek. az -Ssss
ferent In character and value and In sthrsssR
different sections OF the city, The testi 9
sale for TGesday, June 18th. at q r., M..Es
OF dwelling No. 1876 North Ninth Street y
a la3 por cent, inyestment, and stmn,edi ats.ss
above, fronting on Tenth Street. H The " Z.
second Wednesday. June 18th. at g r Il isasss' "A
NJ. 4 In conjunction with N. w. Howe ri
Sons, of a. handsome moderR a welllng !. ssss
No. l2 south Third Street, near MatlAS
street. and tho third. . on THURSDAY, IplesS NJ
l4th, g p. NJ, OF med ium- Size brick dwesll @
continual on Seventh PASs