The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-09-24

mention that colored people of Rich.
mond have partaken OF the white rnan's
spirit OF Improvement. and build
Ing boom is now on wherever negroes
own property In old Jackson Ward
many creditable buildings are going
up. The ST. Lukes Bank, at Marshall
and Second Streets. being built BIZ the
coiored people. is nearing completion,
and is an imposing structure. Tho
president OF this bank, Mary Walker,
is probably the only woman bank
president in the United States.
Some Few VIII Talk.
While. as before intimated. the real
estate agents are getting more and
more chary OF newspaper men, and
are becoming. for obvious reasona
more and more reticent as TO big and
little deals few of them submitted
tamely TO the reportorial pump.
Among those interviewed. j. Thomp-
son Brown & Co.. report a satisfactory
week. but nothing of extra public in
terest. 10000 would probably cover
their new sale transactions of ths
week, which consist mostly of nearby
suburban property. such as acreage
property on the r.. F. & P. Railroad
near Greendale Station, at $3.50 per
acre; Floyd Avenue lots. at s55 per
foot. Paramount and Church Hill and
other West End lots. most OF which
were purchased for actual settlers and
home builders.
They report an active demand fer
real estate loans. and their transact
lions on this line run over $50, 900 for
the week. Other agents reports activ-
ity In the demand for money for build
Ing purposes.
Williams & Cease made a $4,000
transaction Ghe past week. having
sold West Broad Street property in the
800 block for that amount. Three
dwellings on Park Avenue that brought
$4,000 each ran this firms sales up to
$3i,i00.
Amos & Poindexter report good West
End business. their sales in that sec
ton amounting to $4,000
Richeson e. Crutchfield sold Broad
Street property 10 the amount of
$1,000. a Clay Street residence for
$4,000. n Broad Street frontage for
$500. and still another for $1,000. and
Boulevard property to the amount of
$500.
]. A. Connolly & Co.'s sales footed up
something over $4,000, including the
sale of the residence $500 Stuart Ave-
nue.. belonging 20 a. r. Holderby, Jr.
$500 ~ W at 4aStoi peCdIue the pur-
chaser. paying $1,000 for the handsome
home.
Realty Safer Than Stocks.
Golsaat& Nash made several credit
able sales In South Richmond and also
In the old city limits. The sale of an
acreage tract in the Westhampton
neighborhood for $4,000 and two acres
Immediately in Westhampton for $500.
ran their total sales up to about
$4,000.
One agent found yesterday was
smiling broadly over the reported
slump in stocks in New York, and
when reason for these smiles was
asked he said; why. don't you know
that dullness in stocks means activity
In real estate and investments? More
Richmond people than you dream of
are dabbling in stocks, and when there
comes q slump they get scared, draw
out all the money they have left In
Wall Street, and bring 1t back to the
old reliable-that is. invest it in Rich
mond real estate. where they know IL
is safe and will grow in bulk" did
not know all of that, but perhaps It
is as true as any writings on the wall.
Some activity was shown in subur-
ban realty, but nothing exciting or
especially worthy of mention E-py
day In the year somebody is investing
In the handsome suburbs around Rich
mond. and statement of the fact Is
not news.