The Richmond Virginian. (Richmond, Va.) 1910-1920, 1911-09-16
NEW INTERESTS
SEEKING SITES
IN R|CHMOh0
Milling Company to
Erect Large Distributing
Depot
MANY LARGE REAL
ESTATE DEALS IN AIR
Business for the Week Has
Been satisfactory and
Numerous Deals Have
Been Clinched

One of the most significant features
of the Richmond real estate market
recently has been the marked inquiry
for manufacturing and business sites
Locations convenient to railways or
having spur tracks running to them
are in demand, indicating that the
citys Industrial expansion Is cnrtnin
To continue with accelerated speed.
Among the interests which have rec
Gently decided to locate in Richmond
none have excited more general In.
terest than the Saginaw Milling Come
pany, one Of Iichigan's most imports
ant milling concerns. This company
recently bought valuable business
property in the valley on Heven-
tenth street and representatives Of
the company will be hero early next
week 10 complete arrangements look.
ing TO the erection of largo con-
crete building, which will be used ~
a distributing depot for the southern
trade. Arrangements will DO con-
Guided for railroad facilities when the
ccrnpany's representatives reach the
city, this being about the only detail.
II is understood. which has not al
ready been worked out.
1t is stated that the plans OF tho
company hAlude the erection Of an
elevator Several hundred thousand
dollars. it Is stated, Will be spent in
preparing for business. That Htch-
lnond has Numerous and convincing
advantages as a distributing point for
the Southern trade Is being demon.
strated almost daily by inquiries from
Northern business enterprises anxious
to get into closer contact with tho
dollars OF Dixie.
Unless the whole real estate trade
OF Richmond is vastly mistaken there
are more large deals in the air At this
writing than at any time before Tor
months In fact Richmond has de-
termined that 1t Is going to have y
record fall trade in every line and
having once put It's shoulder to the
wheel Richmond will have what Il
goes after. Richmond real estate
men think that the volume OF bust
ness between now and December /
will be enormous. In fact, while they
have had little TO say this week -
10 deals actually closed, they aa1eFt
that prospects for business were never
better.
While business properties are en-
gaglng the attention of several OF the
large operators there has been no let
UP in good residential propositions Tor
which there Is more than the average
demand.
Among the agencies willing to talk
yesterday when interviewed by q fep-5
Fesentative OF The Virginian were
sullivan d Co., who stated that the
volume of their transactions for the
week was $4,000. The A. J. Chewn~
ing Company had sold about &20,000
worth OF property, including several
residences.
j. d. Carneal & Co. stated that
business was very brisk with them,
bst declined to go into details. ssss
Ruehrmund & Bowles reported
single sale being that Of 300 East
Franklin street, which brought @s,6No.
Golsan IL Nash closed out property
slightly in excess OF 1000 In value.
two thirds of which was included IN
South Richmond transactions. They
closed out TWO stores and q DWELLING
next door 10 the corner Of Sixth and
Hull streets at $3.50. besides two
small pieces of other South Rich.
rnopd properly In Northampton tha5,
closed out TWO lots on College TorN
race at $500. az
The agencies which pay eap0cfal
attention TO the handling OF farm
property are getting ready for q larwa
fall trade. 1t Is believed that thorS4
will be more Virginia farms sold thl1
year than ever before. Land il acarrnI
and high In the North and Northwoot
and even bleak and snow ridden Can
ada Is getting as much for land f9F8
from the cohyeniences OF q settlol4
community as much of the Vif9ankAas
land is bringing. While farm IanAns
throughout the State nave enhanro6E
TO a very considerable extent dnr4nG
the past decade, they are still 49,
gains when their prices are comna10dk.
with those OF Northern farms S&V<a
erai farms have been sold Ia o.,
neighborhood OF the city the No.
week or two, Casselman a. Co. havtnm
made four of such sales. q
The following deeds of bargain anAs
sale We're recorded in the ChAncerTss
clerks office yesterday: III Mn
A. +. Neumann. executor. to III I'M
W.. Neumann, frame tenement ard H.;
at HOS North Eighteenth street. 11g
OILS. "a slss!
Mrs Virginia Farmer to virxfa 1ss
Williams, lot and building at 301 1x8s
South Harrison street, $1,000. Nh
America E. Hin to Hattie r Cn1E
lin lot and dwelling on Bacon stxoG
near ST. James, S300. Sss$s
George H. Black to WalterS y
Schaaf. lot on Floyd avenue near VF4
street, $1,000. s*l
Edwin n. Ezekiel to George
Black. lot and building on JacQu11
street, near Carter street, 41.0ae.
G. u. Pearrnan 70 w. J. LcwxysA
and building on Cottage Lane
Baker street. $625. ssaaSss
AZ. +. Hofheinler TO Sam MilIG
and dwelling at 1904 KensinatoA &
nue. $4,000.
n III. HI Phaup 10 81. w.
and brick dwelling at' 31oS 80
styeet $s,ooo. :
ss@ sasGsls NJ! 81