The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-12-03
BUSINESS GOOD N
. LOANS AND TRAOEs
Agents say Property Owners
Are Borrowing Money
for improvements
SOME GOOD SALES ARE
REPORTED FOX WEEK
School Marms on Lookout for
Good lnvestment-NeW
Churches Are Beng
built IN City

Loans and trading engaged the at
tention or realty agents tor the most
part curing the week sales were
reported by some OF the agents. hut
The activity in this line WAS naraiy
UP TO the average, according to those
we'll informed IN such matters.
One nrm was particularly pleased
with the ioans IL executed and ex-
pects to do even better the coming
week.
IN nearly every instance in which
we put out money said repreeen-
tatise of this concern" the par,IAs ne
Entiating loans were seeking the
.aoney 10 make improvements on
property. In some cases the property
was their own homie, wnicn they WISH
cd to Improve IN one way or another.
In other cases IL WAS property rented
out. or course, some property own
ers who borrow Wish the money for
otner reasons not easy TO specify
Z -saId oul sui zap ssuIt. paus 10 usuy
II SunBuIanus lou ave s,us5e 9qL
ent month because OF the rapia ap-
preach CT Christmas. In heliuay sea-
sons they say. people spend their
money on almost anything hut real
estate, and this Ii especially the ease
during the auletiGe season. wnen
every spare dpt4ar must ne expenaea
sor presents and other things In Keep
ing with the seasun.
SAFES RcIporteu.
Although tne heat member OF the
firm has been laid up with Il sprainea
ankle for the past week. e. "A. tat
lin a Company had some safes of in
tefest TO report. This firm sold 4
dwelling al 2a4o East Broad stree,
for so.aoa, the purchaser being Jas.
r. Hareum The property was solo
Tor hrs, Annie 81. Niiieroy.
9tner deals Negotiated by the firm
we're as follows.
Dwelling on Lester street. from
james T.. s1arcum 10 James Il. Avery,
sa.epv. dwelling a. 1905 North Tween
ty-s.cond street, fr@m j. RI. Mitcneli
to j. a. Dixon. Ss.3eu. lot with ~
loot front Oh the northeast corner of
4 ana Twenty -second streets. from II.
l.. erSuson 10 W. IL. Asers. 1875.
Golsan A. Sagh sold several lots in
Northampton tor an aggregate of
ss,sep. 1hey also puileG on the sale
vi a piece oil property on tsainpriu.e
street, south Richmond. wnien
amounted 10 si,3os; and et;li another
sale on Seventeenth street. South
Stehmond. aggregatins $3.50.
tsaehrmuna ana B.wIes made sew
erai safes during the week. one OF
them being 10, on the boulevard.
school Nnrms Alert.
Judge w. NJ. hannah, special agen.
for the Abbey Realty Corporation. re-
ports that his firm is doing lively
business in the West End and among
: prospective buyers of suburban prop
erty he cites an energetic young schoo.
marin Of Richmond. who is casting
Jler eyes toward that section FOR
investment of surplus funds Friday
afternoon, the Judge showed her over
some of his firms property and he
expects To negotiate "A sale az re-
suit of fha trip.
1t IL really surprising. he sasS
ito note how many young ladies. es-
pecially of the school marin type. ar.
investing In realty these days. but 1t
only goes to show that many of them
are just as shrewd as men when 1t
comes to a business proposition
Chamber Deal Good News.
No item of news in recent months
has interested the agents SO much a.
the announcement that there Is every
prospect that the Chamber OF Com
merce will sell Its building and site
At Ninth and Main streets to syndi-
cate composed Of the First National
bank, the Chesapeake and Ohio. Rich
mond Fredericksburg and Potomac
railroads. which will probably erect a
fifteen or twenty story skyscraper on
the site. Prevailing opinion is that
the option which lasts until March
will be taken up By the syndicate.
Details AS to the plans Of the proposed
building are yet To be worked out and
It Is doubtful whether the option will
be closed until they are.
An especially Interesting feature OF
building operations In Richmond is
the number OF churches that are
either erecting new edifices or else
are expanding a considerable outlay
OF money In repairs.
Tabernacle Baptist in the West End
Is preparing to put up $4,000 struc-
turc at Grove avenue and Meadow
the purpose more than month aRo,
Making Repairs.
Leigh-Straet Baptist Is expanding
nearly $20,ooe on extensive improve
mcnts. including the Installation OF a
handsome new organ presented to the
church as a memorial gift by one OF it's
members.
venable-Street Baptist will also
likely make considerable improve
n1ents with the advent OF spring. At
least, plans with this end In view
we're seriously discussed not long
since.
Members OF Westminster Prosby-
terian are now planning for the srec-
ton OF q more spacious edificc than
the one occupied by them 1t Grove
avenue and Elm street and II 10 likely
that the new church will 90 up on
rite In the Eame vicinity. Details OF
= the plans to be worked out are In
the hands OF q building committee
named at congregational meeting
sOtne weeks awo.
Asbt,ry MctkOdiat. ON IOmbarlv near
Hanover avenue. has practically de-
ctded to build new home for itself
~ IT, southwest corner Of Allen and
Park avenues. costing about $4,000.
II 10 expected that bids on the e5iflce
win be asked within the next week or
u lw0.
Report has II that another Methodist
& ehurch mny also ~ buift Ia the West
Az Co01inuo1 % N16Sn3 1911