The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-23
REAL ESTATE AND
BUILDING NEWS
In Spite Of Some Few
Drawbacks Business
Was Good Last Week
SALES ON BROAD;
SUBURBAN HUSTLE
Wall Street May Sometimes At
feet Richmond Real Estate,
but Only in a Mild Way.
New Broad Street Sky
scraper-Bedford Coun-
ty Deal

E. + .
ty Deal
The inclement weather OF the past
week. to say nothing OF the heavy
downpour of rain at least one day,
had n more or less serious effect on
the real estate trading, cutting down
the volume of business that might
otherwise have been done. And then,
too, 1t Is said that the little slump in
Wall Street made some difference
here in Richmond Richmond inyes-
tors or some of them at least, keep
an eye on Wall Street, and 1t is no
secret that not a few OF them handle
stocks Just a little. While none were
scorched by the slump TO any serious
extent. the doings on Wall Street kept
their attention 10 closely that real
estate speculation ait home was slight
~ neglected. However. there was
noticeable activity and not n little
new inquiry The total sales for the
week are conservatively estimated at
s175.o00; The activity was general,
end white the bulk of the transactions
were in the western section of the
city. Ind for the most part were on
the smaller order, there was inquiry
in all sections of the city and in all
of the suburbs. It is estimated that
within the past two weeks not less
than 100000 10 $4,000 worth of lots
have changed hands in the Soldiers
Home section and along the Roseneath
Road.
New Property Opened Up.
The Lisburn property, owned by
Matthew Gilnour. and now represented
by Blanton e. Purcell. has been cut
up into los forty-foot lots and put
bn y,1l VI 1nYc Ia 10, ha
west OF Roseneath Road and between
Grove and Patterson Avenues. Since
October last Blanton &c Purcell have
disposed of nearly all of the 425 AIonu-
nnent Heights lots and they are now
tackling the Lisburn lots.
The fact is that all West End prop
frty is decidedly active. and while for.
reasons given above the sales were not
altogether as numerous the past week
as the agents could have wished there
was no letting down in the matter
Of inquiry. and as a matter of fact
there was increased interest in resi-
Dental property in the western re-
Eions.
Broad Street Doings
Good business was done in Broad
Street property. one firm alone Pollard
6; Bagby. reporting sales agggerating
more than $4,000 which consisted
The Temple block on Broad
street. Is nearing completion It Is the
Splendid semi-skyscraper which Rob-
ert White, and DR.. Ladenburg are
erecting at the corner OF Jefferson
and Broad Streets. just west of the
Masonic Temple from which 1t takes
fits name. This imposing new building
is only one story less In height than
the Masonic Temple. which stands
&tnnS n a ~
same block. j. Thompson Brown &
Co. who have the management of
this property, tell the man of news
that even before the picks and the
spades went into the ground to pre-
pare the foundations for this building
several of the proposed stores We're
spoken for by renters. and thus the al
legged philosophy of the pessimists was
knocked into the middle of next week.
Every one of the stores in this new
block have been leased. and that, too,
before the agents had even chance to
place upon the proposed building any
rent cards. What is more, all of the
stores have been placed on longtime
leases. When completed this will be
one Of the handsomest blocks in the
city.
Richmond Money Out of Town.
Among the big deals consummat ed
IN this city during the past week was
the sale to Bedford City capitalists OF
the Amherst Pump Company's big wa
ter-power on James River, away up
on the border of Bedford county. This
property was owned by Richmond
capitalists. and the deal has been on
some time. w. H. Abbott, attorney
for the town OF Bedford City. came
down here during the past week and
finally closed the transaction withS j.
Thompson Brown & Co. It Is UNDER
stood that the town of Bedford City
has bought the property for the pur-
pose of installing an electric power
plant that will not only light the town
but furnish power for all manner of
machinery, and thus give Bedford City
i chance to become the manufacturing
town that It's raw material surrounds
ing destined that it should be.
Charles "A. Rose Co. report some
mighty good sales for the past week.
aggregatng nearly $4,000. The prop
erty sold includes residences and lots
on East Franklin Street, on South
First Street, a store on West Broad
I and the lot at the corner Of Grace
and Monroe Streets.
In the Suburbs.
The suburbs were fairly active dur
ing the past week. Notwithstanding
the unfaYorable weather of q part Of
the time. Vaughan g Williams. who
have charge OF Harrowgate, the most
delightful semi-farming village SUI
burb in Chesterfield county, report
much inquiry for Harrowgate lots and
gardens. The annexation talk and the
dead certainty that4a considerable por-
ton OF Chesterfield is ere long to be
a part of Richmond Is much of a
featherAin Harrowgate's cap.
Battery Court is looming upsin these
days and, Notwithstanding the awful
iy cold weather the owners OF this
property are pushing things, There
has been no relaxation In, the work Of
laying down sewerage pipes, perfect
Ing sidewalks and grading the lots,
battery Court Is believed by some to
\ De the coming suburb OF Richmond.
Woodland Heights, on # the south side
- the James, has been act Il and
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