The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-04-23
Rain Hath It's Draw
backs, but the Same
There w as Business.
SALES;
BUILDING NOTES.
Broad and Grace Street Proper.
ties Still in the Limelight, Al
though Not Quite SO Vigor-
ous-W h ere Lafayette
Slept, and Where He Gs
Didn't-The Suburbs. H5

AS heretofore remarked in this COLI
umn. rain is not such deterrent fea-
ture as it used to be when the real 4
estate hustlers are considered. The
time was when a rainy week, one as
bad as last week. would put the realty
fellows entirely out of business st.
has bad effect now. and Will continue
to have until Richmond catches up
with its sister big cities and estab- s.
fishes real estate exchange, in which
auction sales and other Kinds OF sales
may be made as per schedule, rain or
shine. In this one respect, and this 4
one only. 30 far as I know, Richmond
is indeed behind It's sister big cities.
However, much rain does not hurt \
the market altogether as bad as used A
10 except in tho matter of auction
sales. because in these ...odern days
nothing can stop the modern real es-E
tate agent HE husties no matter how
the clouds come and go. and If he Isn't
out on the turf he Keeps busy closing
up office transactions. Much of this
kind OF business was done last week, II
a great deal of IT. but tho total sales
viii not foot up anything like as much
as those big Broad Street deals OF
the week previous counted up
On Grace nnd Droud Streets. as; E;
Much of the activity was confined to y
Broad and Grace Streets, but the mar Z
ket generally was entirely satlstac-
tory to majority of the agents, and
the abundance Of inquiry and tho APP
parent eagerness of the inquirars fur
nished ample evidence OF increa sing
activity as the spring advances and ],
when the April clouds finally roll by,
II they ever do. i3i
Possibly 100000 worth of property
on Grace Street changed hands. soma
OF handsome advances that came about
Inside Of ten days Among the Grace
Street sales 1t may be noted that 5eS;
East Grace Street changed hands ut
$4,000; also 30S East Grace Street, be-
tween Third and Fourth Streets, sold
for $4,000. and further west on the
same street four or five other salea.
ranging In price from $3.50 to sic, OUO.
West Broad Street continues to be /
very attractive proposition to Invest
ors. and 1t Is likely that no section
is being more rapidly improved. Tne
building of the new subpoatal station
at --nrrison and Broad Is now to be
followed by the erection OF a splendid
drug store on the opposite corner..S
which has been leased ahead of the.
breaking of ground, and 1t Is said that
hardly day passes that new ground !
is not broken for some kind OF bust
ness establishment in that region. 4f
" Al. Around Town. ~
Away from this section and all over
the city small sales were made this
past week, and all kinds OF property
from small business sites down to cot :
tage home sites changed hands. thu /,
total footings for the week, including 4:
suburban deals being somewhere in8,
the neishborhood OF 100000. the act s
ual city transactions being but littlo &
more than S3.5, 1000, and this includes
swaps and trades Of all kin-s, and
not few deals that may have BEEN
reported In an Indefinite way before.
but came to a final closing up the past y
week. sG $5.
Elan & Funston finally closed up a 4
Broad street deal that was really made
several weeks ago, In which abouts4
$4,000 were involved. BY this trans- y,
action Arthur l. Straus becomes the
owner OF sos, 3o7 and 800 West Broad
Street. 1t is understood that MIR.
Straus Will at once tear down the Aun- n
slightly houses now on the property
and erect handsome business buildings
The property formerly belonged 10
the estate Of the late j. 9. Smith.
Whit the Agents Sny.
y. W. Bowe & sons report business
in good shape and considerable inoutry y
that leads to tho belief that 1T will
continue good until late in the sum
iner. They do not particularize as to
actual sales for the past week. rs
Amos & Poindextcr We're found res
ioicing over total of $4,000 scored
last week. These consisted OF $4,000
worth of ground near the Battle ABB 81
hey, four good properties on Broad
street and 3iT feet of vacant GROUND \
on Hanover street. ss
IL. Seldom Taylor & Co.,telI OF active
business in all parts of the city in
small deals that they failed to par
ticularize about and they also hint
at some real big transactions that they
have hanging on that wavering string II
that are ready to drop In the basket
OF successful fruitage at any moment
next week or some other nearby
week.
business In the smaller transactions, Il
and are still hoping for the early cor, b
summation Of several big sales that n
are yet for one reason and another Y
dangling in tho air.
N1ccurdy G. Johnson made good q
thing the past week in placing forS
Major Dooley quite a tract of vacant
property. t .,sjsss
Connolly & Co report active Inquiry
and enough sales for the week TO mako
the commission account something \
worth thinking gleefully over. sf So
Some Historical Work. 81 AS
j. Thompson brown & Co. say buai-
ness OH the whole was not quite Eo &
active with them the past week AZ Il
the week previous, hut all the same.s
they put over some deals worth men ~
tioning Among them was the ssts 4
of the propertylat the corner OF Nine 81;
tecnth and Main Streets, which foris,
tho past several years was owned ] b., /.
tho Methodist Church, and was XII, Of n
as the Methodist Institute, Il; 1T a.:iR
bought by r. Raabi and. Dr.. d sssi y
I.adenburg, who paid s1i.so0 D. 81
tcontinuedI on Third Page