The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-12-11
Increased Activity and
Greater Inquiry Big
Residential Sales.
SUBURBAN NOTES;
MUCH Blu NC
Great Tobacco Factory to Go Up
in South Richrnond-Rumors
of Options That Involve Thou
sands OF Dollars-Building
Activity in All of the Sub
urbs-General Notes.

The real estate agents have been
the past week; that Is. some OF them
have. The activity that was notice.
able in The general market was little
surprising to the agents. for the most
OF them had predicted q duiiness that
would last until after the holidays.
Contrary TO their expectations. num-
her Of deals that had been hanging on
the string for many weeks dropped off,
reached The contamination point,
panned out the money. and made the
transactions for the week. including
swaps and trades. amount to largely
more than 100000 This estimate. of
course, includes suburban transactions
and nearby farm deals.
Somewhat to the surprise OF Tho
agents. there was unusual activity in
the regions which surround the Battle
Abbey, and holders of opinions on prop
erty in that section unexpectedly
closed the same. One firm alonc. Amos
&, Poindexter. reports the sale OF some
thing more than n thousand feet OF
dirt close to the Battle Abbey prop
erty. and IL Is no secret that they got
$40 d front foot for it. hits firm also
sold considerable residence property In
the eastern part OF the city, as we'll as
come Highland Park lots and a couple
Of farms not far from Richmond All
o these sales footed UP something
like $4,000
Residential PROPERTY Active.
Pollard & Bagby tell me that they
found business very encouraging the
past week 10 say nothing OF the in
creased inquiry for both business and
residential properties, they made sales
that amounted to a little over $4,000.
These sales were In ali parts OF Rich
nfond, but confined eu..reiy 10 resi-
Dental properties.
pianton 6: Co, report tho sales OF
considerable acreage property on the
Testhampton car line that ran up TO
about $4,000: also city and suburban
dirt that amounted in the aggregate
TO about 100000 more.
Golsan & Nash tell me OF some good
sales In South Richmond, but they
still Insist upon calling 1t Manchester.
They also report lew sales In West
hampton lots. By the way, this ag-
gressive tirm Of young men have ar
ranged TO change their quarters They
have leased the store room corner OF
Tenth and Main Streets, and on the
first OF the new year will make It their
headquarters
Many other agents report fairly
good business. but they refuse 10 call
names and give figures
In the Suburbs.
Notwithstanding the bad weather OF
the past week there has been decided
activity in suburban property. can't
say that the sales have been enor-
nous. but the much inquiry greatly
encourages the agents who handle
lieve that the sales after the holidays
and on towards the springtime Will
be immense. The Highland Park
Realty Company. which has control OF
~ sold out the whole plat. The buy
ers OF the dirt are me-builders,
too. Two new houses. We're commenced
In the Court" territory last week,
tells me that thirty contracts have
been made with builders and contrac-
tors for the erection of homes. all
of which homes are to be commenced
that is. but few months ahead
President Funston, of the Ginter
Land Company, says there never was
a time when Ginter Park was more
popular. Not day passes that sales
days go by that do not find some OF
the purchasers contracting with
builders for the erection Of homes.
Big Deals In the Wind.
Blanton & Co.. who have control OF
some lively sales last week. The lots
closed out footed up about $4,000. II
Is no secret that the easy terms on
which these lots are sold have proven
attractive. and quite likely have In
creased the sales somewhat.
There are rumors of big options
that may result within few weeks
maybe In a few. days. in big sales OF
that one of these big options hangs
on the final decision of the Corpora
tion Commission or the Supreme Court
OF appeals, as the case may be, con on
nature of the case that cannot be q
matter to he determined In short
while, for when a big case like thai
gets into the courts y may stay there
for months, or even years.
Another rumor, which does not
admit OF court delays, concerns the
property at Eleventh and Bank
Streets The rand progress being made
building has had the effect to make
Investors sit up and take notice, ane
it is but natural that this Eleventh
Street proP pert should get st.. " thf
tors, who have the skyscraper build
ing bee In their bonnets. have OBJ
x tained options on the ground extend
Ing from the rear Of the bank building
hsn grse H Hss nams and NAL sh
option- holders as we'll as tho figure!
that count in the option are being
s kept a secret, butsit has leaked gu
that the figures. when they do comt
out, will show a big profit, maybe NOR,
than $4,000 for tho folks who hough
the same property less than two years
ago.,
a Rig Tobacco Factory.
Another rumor that has been OF
tho wind for several weeks past is tt
the effect that one of the biggest to
Il bacco manufacturing concerns in thu
inssouth Richmond and will cover tn,
same with buildings that. will max,
the biggest 8tobacco5 ,manlrfac turin,
shop In all of the sou hi; II twas a
first believed that 1T was. AZ Yves teri
tobacco factory that Spacted to COM
q to Richmond The, rurnor TRACED dow
results in cinching the fact that TIN
RIA, Patterson Il Loco Company, 9,
Continued on Second laage.3 &