The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-10-30
RiE|.IA|)l |! and
BUILDING | D NEWS ! ' I
Week Of Comparative Dizziness
in Some Respects, but With
Bright outl ook.

While the past week was not a
specially notable one for the real cs-
tate agents and dealers--not notable
lin the way. of large transact lions finally
degree In other res ects. In the first
place there is evidence that the tight
swads have been Embossed to a marked
extent, and there is ample testimony
Ito the fact that much money that
has for the past several months, even
a year past. been directed towards
other channels is now at the disposal
OF real estate investors and home
buyers.
Several agents agree. that they can
get all Of the money they want to
lend to home makers and to -respon-
sible folks who want to make q little
turn In an investment or speculative
way in Richmond dirt The men who
are in the habit of lending money on
sreala estate security, when they: can
feather and the way them havet,been
filling out notes and recording mort
cages the past week is ascaution. This
kind OF thing Is encouraging to the
;sreal estatead dealers, for 1t means that
there will very soon, be more bidders
for the property that Is on the market,
especially lots for home makers to
build on. az I
Many Swaps and Trades.
So far as actual sales We're con-
Scerned. the dealings for the past week
were a little slim ins5 the city proper.
There was a good deal OF swapping of
lands going on, and these would count
ISup in dollars and centa quite an amount
Eff the values OF the lands sWapped and
traded are counted twice, as Is usually
1.-THE case when the agents tall al bout
their sales. For Instance, there was
REPORTED In the latter part of the week
1.-TWO big transactions that involved a
matter Of $4,000, according to tho res
|!ports.
The factsiis that3ssa peculator or
rather an Investor who held certain
property sswapped" the same with
another investor for certain prop
|%erty tina tsh he held on speculation In
another part ofSthe city. Each prop
|serty, was worth something like $A0,-
1 600, and whenisthe records show that
two sales were thus made tho fgurcs
foot up $50, 900. awh EN- as matte of
fact, not a dollar changed hands .eN-
scept the commissioned that &wentRto the
agent whoEeng ineered the .'sW a p Aand
Ito the clerls5of theacourt who rec orded
the two deeds necessary to make the
hindin At least three Ss'swaps"
of this charac ter We're ma el the st
week, and counting them a "gHine and
comin, ~ they would foot up B early
ssa00, 900 OF sal les, when really less: than
$1,000 actually chang ed hands, includ-
Ing the fees a5of the court clerk rho
recorded the pa ers..8.S 7 he big trans
action at Eighth and Grace III Streets,
which has heen heral ded In the papers.
and S,Yhlchiis pretty sure to lead to the
building OF a new hotel was a. pa 1T
:Of on GOT these sW q ps. va a! 5sSS
&. IA Real Estate Sensation. "
81 somethinE OF q IS sensa ttona5s8w as
Screated IN the clay Stree ction3 the
lot her d az, len * becal me KIN Wn that
sthes3 echanies & Ssavln IS Ban \, imam
scial institution run BY promine and
we'll To a oBnegroe s, had q lived into he
Srea estate market and made some
b tony 8inyestments; rlle bar, X, HIGH
saesms to have, onsy bnNrl,
sauietly3tn the ma IKE /, an q IN n most
,lin,iIaJssunling ,yay i ought lii pro n
serty that was ong the mark q. said
Va Continued on Second BI'aHe.)