The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-01-08
The New Year Shoots Off
With Bright Skies and
Splendid Prospects.
SOME CHANG E S
WORTHY OF NOTE.
Sales for First Week in New
Year Not Very Large, but the
Outlook Seems Bright to All
of the Agents-Rumors
That Float in the
Air.

Since the opening OF the new year
she real estate agents. all OF them
eueh as deal in immediate city prop
ettE. such as handle suburban prop
efty. and such OF them as make a spe.
tiaity OF handling farm ana out-or.
town propcrty-all or them i'm FACT.
nave been busy. busy In the matter OF
winding up the old years business
pusS In the matter Of starting of the
new years business: busy in making
ana taking options, and busy I'm a
whole lot OF other ways. some of Tho
men who give special attention to ron.
TAI matters have been exceedingly busy
collecting up and trying in ono way
ana another to set the books 10 bal,
ancc UP all right. In a rental wav
this is right hard TO do sometimes: hui
the rental agents tell me they have
less trouble this good year than usual.
Ihc most OF the folks who did bus
mess OF any kind in Richmond last
year found times li;tlc easier then
IN some former years ana as a rule
they have been able to settle up ON the
beginning OF new year In way that
was pleasing to nearly ali OF the rental
ind other Kinds 81 agents
Good News All Around
From all OF the real estate agents
there comes gratifying information ;ha,
slhpe II is true that for the FIRST week
the actual sales have not hecn start
linSly large. There are all kinds OF
rumors OF big deals thar have carly
been hung on the $tring. with a pros
poet Of dropping on In the near futur,
but II Is rather hard to trace any al
these runiors down 10 east iron facts
For instance. there ia ruror in til,
air, which has every conceivable Sign 81
having something worthy OF TALK IN
u, and yet cannot he traced down TO
cast Iron facts. 10 the effect that the
Richmond College management. since
me IRE that played havoc with The
building there, has taken into consid-
eratlon an option or signed up a tent
ativa agreement. or something OF that
KIND. With a syndicate OF capitalists
VINO propose to take over that property
when the college folks are ready to
move TO Westhampton. The rumor goes
that the syndicate had all kinds OF
money and all kinds OF securities 10
make It's proposition attractiye 70 the
college folks and that the said college
folks, and they are right good business
men. TOO. thought they saw something
good In tho propositions.
Not Yet Contaminated
however, no deal has yet been made
End IT would not be the part OF Wis
nom for a deal 10 be made just now
The college can't move for some time
does not have to pay taXes. y buy.
Ing syndicate would have to settle right
up with the tax man as soon as deeds
were passed. IL would be wise very
wise, to let deal OF this kind go slow
and the probability Is that II will go
slow, so slow that newspaper man
viii not be allowed to catch on TO the
inside fGcts-that Is, not for some time
set; but all the same there is a deal
on. and the information is to the effect
that the college folks hold the whip
hand in the deal.
Sales and Things
The actual sales OF real estate for
the past week were. comparatively
speaking, rather small-that is the re-
portable sales were Some OF the
agents who have made fairly good
sales will not tell the man OF news
about them. and OF course they cannot
be counted eXcep, in the way Of csti-
mates. Taking the reportable sales and
The estimat ties. BY and large, it looks as
if the sales for the brst week OF the
new,year were something like slI5.00e.
ind. he II understood. this figure covers
city deals and suburban sales as well
OF The sales that have actual knowI-
edge OF. the following may be men
toned; j. ~ Connolly x Co did II little
swapping or rcseilng business They
sold for w. j. Gilman 800 feet on Noble
Avenue, near Westwood, in Gintcr
d Ithoads Company. being the purchas-
er. The same firm sold for Mr. Day
(, the residence l2l West Clay street and
1T Is understood that Mr. Gilman was
the investor. and this property was
valued at $4,000 Just who got the
best end of the trade remains to be
seen. Anyhow, il is understood that
Mr.. Day will begin at once TO build on
his Ginter Park property. Connolly &
Go. also sold during the past week zoo
feet OF vacant property on West Cary
Street, for which 1t is said they took
in $4,000
Business Sites Sold.
Pollard Bagby made a few deals
during the past week that arc worthy
OF mention. They sold the business
property 1o5, West Broad street, for
J. II. chappell to Guy Cherry, who Maid
$4,000 for It, This firm also sold tho
residence, 1915 West Grace street. for
$4,000. Charles =. Brown. the orna,
mental member of the big shoe firm OF
Taylor & Brown, was the buyer, and
1t is understood that the purchase was
purely an investment showing that
money makers in Richmond think good
Sestment 4.
All of the agents tell mo that they
have had small sales during the week,
but nothing really worth Dragging
about. However, they say that the
new year has opened up in good shape;
there arc all kinds of good inquiries
end every Indication of good business
That Is but 81 few weeks ahead
Business Changes.
The new year brought some changes
y in tho personnel of the real estate con-
Germs, and some movements on the
part of concerns that made no change
In personnel or In firm names.
Golsan & Nash, the young men who
20 a general real estate business and at
She same time ma ke a specialty of West
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