The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-06-12
REAL ESTATE AND
BUILDING NEWS
Bad Weather and Much
Of 1t; Auction Sales
Are Knocked Out.
BIG DEALSARE THE
ORDER OF THE DAY
Business curtailed by the IN
favorable Dropping of the
Clouds, so Far as Number of
Sales Were Concerned,
but Big Deals Saved the
Average.

During the past week there was much
Fad weather. The rains came, and for
June the cool winds and the almost
wintry blasts were something terrible
that Is. terrible on the real estate
agents. for there are no people In the
world who are more dependent on good
weather for good business than the real
estate men OF Richmond and the sub
ubs thereof. Oh. for real estate ex-
change!
Bad weather knocked out not few
Of the advertised auction sales and had
serious effect on tho private and Of
fce transactions. and yet tho totals in
dollars and cents OF the weeks trans-
lotions foot UP ACKNOWLEDGEMENT moro
largely than for the week previous or
any recent previous week This Is
explained by the simple statement that
while the number OF deals finally closed
were small. comparatively speaking.
those that were closed were of large
dime ns!ons in money value. I. Is prob
able that fewer sales were made tn.
past week than any week this year. but
1t seems that the big deal sail came in
and made the footings run up to some
thing like 100000.
Several LnrSe transactions.
For instance, McCurdy 6: Johnson
Iold the past week the property at
shater and Broad Streets, which has
been owned and occupied for number
OF years by the Virginia Passenger and
Power Company as a power plant, and
this transaction alone amounted 10
nearly $4,000 The Passenger and
Power Company is putting In a larger
power plant at Harrison and Clay
Streets. and no longer needed the Sha-
Broad Street property McCurdy G.
Johnson sold Il for them. and II is I'M
derstood that Henry Wallerste!n be-
came the purchaser. II Is also under
stood that the ground, something like
215 feet front, VIII be utilized by an
Industrial enterprise. With the excep-
tion OF the sale of the w. II. thinner
mann property, at Seventh and Broad.
some weeks ago, which involved mat
ter of 100000, this deal is the largest
yet recorded for the year. McCurdy &
johnson made other sales that make
their deals for the week run up close
TO 100000.
Another cellar Maker.
The next big transaction OF the week
was one that mas already been noted
in the local columns. the sale OF the
property at Twelfth and Byrd Streets.
known as the Industrial Warehouse.
which was bought by the R j. Rey-
noids Tobacco Company for $4,000.
The Charles A. Rose Company engi-
neered this transaction. and it is uu.
derstood that the Reynolds Company
will erect and operate on the grounds
a model tobacco factory.
The Rose Company also sold for w
j. Gillian the valuable property. 700
West Broad Street, for $4,000. The
name of the purchaser OF this valuable
layout will be kept secret until the
papers go to record, but II has leaked
out that the buyer is an out-of-town in.
weston, who believes that Richmond dirt
is good investment at almost any old
price.
The Rose Company also sold valuable
property on Stuart Avenue and Straw
berry Street, and also on West Broad
Street. for the aggregate sum of $4,000
In these cases Mr.. Gillian was the buy.
er. Other smaller properties sold tbs
past week by the Rose Company make
their total sales foot up $4,000. Some
of these deals have been on the string
for two weeks or more but were final
ly consummated last week.
And yet There Are Others.
These were the big deals of the week
the particulars of which are known
but there were others. c, L, e. H. l.
Denoon made some transactions thai
will attract attention when the fact:
are known, but for the present thes
decline to give particulars.
Richeson & Crutchheld sold some
valuable Franklin Street bushes.
property near Fourteenth Street ant
also some Cary Street dirt in the bust
ness section of that thoroughfare, al
amounting to about $4,000, but par
ticulars are lacking. for these discree
agents have mouths that are Shaped
after the fashion OF the proverbia
oyster or clam shell.
j, Thompson Brown g. Company ant
N. w. Bowe 6 Company are reporte,
by Madam Rumor to have made SOM
sales that run up largely into tn,
thousands, but they decline to let {
newspaper man in on the facts in tn
case or the cases, ''as the case ma.
be-"
Several dealers intimate that Their
has been something doing in Wash
ington Ward, but the only agency tina
would unbosom itself was that of Col
san & Nash. and all that could b.
pumped out of them was that the.
Hull Street business property the pas
week agsregating $3.50.
The agents who have been assem-
bling their offices on Eighth Stree
(. seemed to be quite busy, but whel
called upon for information they ha
no tales to tell out of sohco...
In the West End.
There was some activity, as there al
ways is, in the West End Residential
property, that Is, always When weathe
conditions will permit, About tn
Battle Abbey territory there was no
little inquiry and Amos & Poin
dexter, who control a good deal of tn
property in that section, made som
good sales between showers that foot
ed UP something like $4,000, If som
farm land sales they made farm land
near to Richmond, he added to these
their total would get up near to SIS,
900. IL
AS an evidence that weather condi
lions do not always hurt the real cs
late hustlers the reports of Blanton