The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-05-03
Best Weeks Business and
Brightest Outlook Since
Panic Commenced.
GENERAL BUSINESS
SALES EVERYWHERE
Business Property, Residences,
Vacant Lots and Suburban
Homes Figure in Trans
actions-Therc Is
Rush Among the
Home-Seekers.

There was much activity in the real
estate market the past week and the
probability is that more realty changed
hands than during any one week this
year, certainly more pieces of property
were sold. though the aggregate Of
values may not have been quite as
large as one or two other weeks. II
the activity among the agents, the
broad smiles on their faces and the
good attendance at auction sales are to
be accepted as criterion, IL is safe
to say that the holders of real estate
who want to sell and would-be holders
who want to buy have at last decided
TO meet somewhere on trading ground,
and that the dull season in the real es-
tate business Is over.
1t is impossible to say which side
took the initiative or which side made
the most concessions. more than likely
they divided equally on the matter OF
concessions and met somewhere on
halfway ground or very near to IT,.
BE all that as 1t may, the fact remains
that good business was done all the
week.
The activity was not confined to any
particular locality. but was general. all
the way from Fulton to the far West
End. from south Manchester to the
north side OF Richmond and all put in
the western and northern suburbs. III
Is estimated that something over
100000 worth OF property was sold, al
though many Of the sales have not
been completed 10 the point of signing
up and delivering the deeds.
The auction sales announced for thc
week were all well attended by enger
buyers. and the bidding was spirited.
Every piece of property offered under
the hammer went for the high dollar"
tot single piece being taken in.
The sai.s were not confined 10 any
particular class of property. All kinds
business. residential. old housea and
new houses. vacant lots and suburban
5lroperty--wcre sold readily, and alto
gether The agents are in better hulnor
than they have been since Christmas.
An They See 1t.
Said one to The Dispatch nun
yesterday. Il think the long season of
lethargy and semi-panic have passed
for this year. lew ground has been
broken. so to speak. and we may look
for very busy times from now until
The heat OF summer brings on another
short season OF dullness. and l doubt
Ii hot weather holds us down as iauch
this y.ar az 1t usually does
As usual the agents are reticent and
10th to furnish particulars of sales for
publication. Messrs. J. Thompson
Brown & Co. report the sales OF an
even dozen pieces. of property. scattered
from Rockets to Northampton. These
sales aggregated over s3o.o00--bus-
mess and residential places and vacant
lots upon which houses of one kind
and another are soon to be erected.
Messrs McEeigh g. CHM made sew
eral sales during the week. One of
them, the particulars Of which they are
withholding for the present. brought
$4,000. Another sale they made in
volved an amount nearly as large. and
about this they are also mum. They
sold vacant lot at the corner of Grove
Avenue and Lombardy Street to Mr..
John T. Anderson, upon which Mr.. An
derson will commence a t once the erec-
ton Of a residence. They also sold the
adjoining lot, 20 feet frontage, to Mr..
Edward Schumacher, who will also
erect a home
Other sales by this firm were several
vacant lots In Scott's Addition, near
Broad Street and the Boulevard. They
also sold to T. w. Wood & Sons the
property No. 1405 Ross Street, which
the purchasers will use for business
purposes.
Messrs. j. A. Connolly & Co. report
tho sale of the large brick residence
of Mr.. f. Randolph Williams, at the
northeast corner Of Grace and First
Streets. to DR.. Charles "A. Labenberg.
While the sale has been made and the
deeds passed, Mr.. Williams will con-
tinue to occupy the house for quite a
while yet-possibly a year-after which
time DR.. Labenberg will improve the
rear part of the property by erecting
thereon several small stores to front
on First Street. The improvements will
be similar to those in the Ebel Block,
on the opposite side of the street. DR..
I.abenberg has developed much prop
erty on Broad Street.
Messrs. Green & Redd continue 10
make good sales In the newly annexed
territory. Among other sales made BY
them the past week were three cot
tages on Moore Street. in old Dinnecn-
vile. Mr.. Herman Wegman was the
purchaser. paying for the property
S1,10O.
Tho agents look for activity a
auction sales this week, many of which
have been announced. NIessrs. j
Thompson Brown & Co, will to-mor
row at $3.50 P. M. sell a handsome HON,
in Barton Heights. On "Wednesday a
p M. they will sell three dwelling:
81 Blalr5 ana washington streets, an(
also twenty-slx buildings lots These
will be sold either slnglMor in blocks
Messrs, ~. B, Elan & Co. announce
very attractive auction sale for
O'clock tomorrow afternoon, At tn,
request of the owner they will orfe
the handsome brick residences, Nos
a041-2 and. zoo West Grace Street, be
tween Jefferson and Madison,
Business during the past week ha
been very active In the suburbs, al
Of the agents handling this class o
property have ceased to talk about dul
nmes, but speak most encouragingl.
of what they have done the rast weel
and of what they are going to dc
& Their activity Is not confined to Ginte
Park or Barton Heights or IIighlan
Park or Brooliland but It is general,
The Ginter Park people require a.
entire section of this pnrer to tell whil
they aer doing and expect to do. and !
( " 2 wary readahl ssaation, too, @