The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-01
Big Deals on Broad and
Marshall Streets Are
Features of Week.
RAIL WAY COMPANY
BUYS LARGELY
Zimmerman Property Changes
Hands-Immense Activity in
West End Home Lots-Big
Sales on Eighth Street.
Real Estate Man Is a
Buyer.


Ind rumors are little conflicting.
business the past week, while others
report nothing doing" BY this they
do not mean that they have been
actually idle. For instance. one
agency declared yesterday that II had
agency had not. closed UP any large
deals, but when the man at the desk
finished figuring up the small houses
and lots the concern had sold no ono
OF which went over $500. he found
out that in the aggregate the firm
had done nearly 10000 OF business.
which was not very bad for dull
week"
There are reports. some of them
practically closed. needing only one or
two finishing touches. easily put on. to
consummate them. Put these to those
that are known TO have been con-
summated, md the transactions for the
past week may be said to have come
Very near to making a new record.
r., +. md r. Makes Dig Purchase.
a deal that has been on the string
In one way and another for several
months finally got through the red
tape process the past week and was
marked closed Just what 1t figures
UP In dollars and cents cannot be
learned from the records. as only a
nominal sum was mentioned as the
consideration. However, II Is n fact
that the Richmond. fredericksburg
and Potomac Railway has become the
purchasers of nearly a whole block OF
valuable property on Marshall street
extending from Harrison to Norton.
The only information obtainable Is
that the railway company bought 1t
for railway purposes There are
now on the property dozen or fif-
teen cheap houses. and II is under
stood that all Of these will be torn
down that the ground may be used for
railway PURPOSES" There can be no
doubt OF the fact that sidetracks will
be run. and the presumption is that
manufacturing and business sites OF
various Kinds will be laid off so that
the manufacturers and business men
who shall occupy the same Will have
all the necessary advantages of track
age and easy shipping facilities. Evil
IDENTITY the railway company has turned
a good trick in making this deal. and
that 1t will increase its freight bust
ness By 1t goes without saying. and
that the deal will enlarge Richmond s
business Is equally true.
Zimmerman Property Sells WE'LL
Another big deal that has also been
hanging on the string for some time
is understood to have about dropped
off. None OF the interested parties
Will talk for publication, but it is an
open secret. so to speak. that w. II,
Zimmerman has sold his holdings on
the north side of Broad Street between
Seventh and Eighth, amounting to
something like $50 feet. and that lie
obtained therefor about sos. 900 II
is no secret that Strause, Gunst & Co.
Were the purchasers. Just what they
are going to do with the property
doth not yet appear. but they are not
in the habit Of letting a good thing
lie idle. and the presumption is that
they are going to improve 1t In some
way to make 1t bring big revenue
There are various rumors concerning q
new theatre and other rumors abou,
q new hotel. but none of these reports
can be traced down just yet. In time
and short time at that tho new pur.
chasers Will doubtless announce theil
intentions.
Activity Is City-Wide.
Put these two large deals together
and count them both as transactions OF
the past week and 1t will be seen tina,
the week was something Of record.
breaker, to say nothing Of the hundred
and one smaller deals made all owe,
the city from Fulton to the Boulevard
and from Washington Ward to the
northsidc creek. and all out in the su.
burbs
j. Thompson Brown & Co., Pollard &
Y Bagby. Amos & PoindeXter Blanton 4
Co, Green & Redd, Richeson & Crutch.
field. ]. D. Carneal & Son. w. f. Pur.
cell. Jr.. Co.. Golsan & Nash. McVeigt
& Glinn, the Demons, the Rose Com
pany, Vaughan & Williams and yariou;
other agencies have given strong hint:
of much active business done in
small way and many big transaction:
that have gotten on the string are
likely to be contaminated within very
short time
In the Latter Days.
Tho first named concern above re-
port the sale during the latter day!
Of the week Of something like $4,000
worth of property. including dwelling!
on West Main Street, on Ivy Street, OF
Auburn Street, on Kensington Avenue
Stuart Avenue and Catherine Street
There is said to be more than tn
usual activity in the West End. wher'
home builders are buying lots RICH
along. Along Stuart Avenue from
Meadow Street westward as far a
Robinson Street and on oil Of the In
tervening cross streets business hn
been very active, many lots HAVING
changed hands within the past weel
and previous. These lots are not be
Ing bought by spectators, but By
home builders. | was told of case
where people bought lots IN this sac
tion In the early days of the week, an
before Friday had made contracts 70
homes and broken ground for tht
erection OF the same.
Important transactions.
A deal of the past week OF more 9
less Importance was the purchase G
the oflce building, so North Eight
street, corner OF Franklin, by II, Sci
don Taylor. a man who knows value
4 Spretty we'll. DR.. ~ "a. II, David son, m
=, l.,, IVY, nan ~ q nIii,, fra = yp