The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-10-20
INVESTORS ON JOB,
ANDDEMANDGOOD
Slight Money Tightness Has But
Little Effect on Richmond
Realty-Rumored Large Deals
on Broad Street-Business
Sites in South Richmond.
Building Notes.

e11ul weather that opened up the week.
and the fact that all Of the agents had
we'll rested up from the fatigue of the
great fair indicated early Monday
morning that there was going to be
something doing. The investors. specu-
lators and plungers were early In evil
dence. and there soon appeared an ac-
tive demand for all classes Of property.
These latter showed a strong DISPOSE
ton to buy. and to talk OF a tight
money market did not seem to deter
them in the least. This talk Of money
tightness has been overdone. 1t is
sometimes TO the interest OF some
people to talk that way. 1t IL true
enough that money 10 4 little tight: II
always Is at this season Of the year.
when the Virginia crops are being
moved. but nobody has been squeezed
yet and nobody is going TO be. and
what In more. Richmond realty VIII al
ways command the money. tightness or
NO tightness. People who want to
make good. even. reasonable invest
trouble about getting the necessary
money IL they have q little TO start on.
GooA Business to Continue.
Activity in the Richmond real es-
tate market does not always mean
the sales Of the past week were very
comforting. even cheering. to the
agents il must be said that the kind
OF activity which gave them the most
pleasure was the eagerness home
makers, investors, plungers and specu-
la.ors all displayed IN inquirinS for
and investigating the bargains that
are in sight. This demand was very
pronounced. and full well do the agents
know that men are not going TO waste
time fnqufrfnx for realty and invests
eating the environment etc. unless
they really mean business, sooner or
later That the active inquiry of the
past week means continued good bust
ness, none Of the agencies doubt for .
moment. Indeed. a very large number
of options on all classes Of property
were agreed upon. and deals enough to
keep many OF the agents busy for .
month were hung upon the string. This
activity is confined to no restricted
territory. but is general throughout the
city, in South Richmond and out in the
suburbs. However. il may be said
that Broad Street and the West End
showed more strenuousness In the in
uuiry than other sections.
RuAoru Of Big Sales.
As intimated the sales actually closed
BY the signing up Of the deeds were
not exceedingly large. but there was
business all over town There IL no
doubt that several sales that ran far
I'D into the thousands were closed up
but the particulars are hard to get
from close-mouthed agents Far UP in
the thousands means, say. from $780,
600 and upward AT least three of such
deals were alleged to have been closed
on Broad Street. but none Of the salient
facts can be obtained from the agents
OF the principals in the transactions
Amos 4 Poindexter closed up a Broad
Street deal that had been pending for
several weeks. but they decline TO di-
vulse the particulars. II has leaked
cut, however. tina, II required about
$50. 600 to make the trade q 60. The
property is west Of FRS, Street
Richeson 4 crutchneld sold what
they call ordinary property" to the
amount Of $4,000. by which IL meant
that Il took several small sales Of
various kinds Of investment property
TO make up this aggregate and Incl
dentally a good deal OF hustling to
close up.
cs.ee Street Msvi.g.
Pollard & Bagby report the sale az
sixty feet Of good ground on Nonu-
for which they obtained $125 per front
foot They also told Of the following
sales: No. 500 East Grace Street, for
5000: 3o2 East Grace, Cor $4,000. and
No. lI4 North Eighth Street. for Sl7.-
SEQ. and some other smaller properties
that ran their total for the week mp to
about $4,000.
Cover & Smith repor: two Taylor
Street sales. and also the sale OF q fne
piece OF acreage property on the Belt
Line. overlooking the river. for
Samuel Dunstan. BY the way. Cover
4 Smith are preparing to put on the
market . high class suburban prop
ssttion near Ginter Park. but the de-
tails have not yet been worked out.
Colsan 4 Nash tell of considerable
activity in South Richmond and active
inquiry over there for business and
manufacturing sites. They hint At
some good sales % this class ~ realty
south Of the river. but are Withholding
the particulars. Among tacir sales
were Elk lots IN Washington Terrace,
which In becoming IN attractive rest
Aence section of South Richmond.
They sold on this side . Grace Street
residence. near Meadow street. Tor
a. eco. another Grace Street house for
o 600 ana csher city property smcunt.
Ing 20 a. much more. and also . Has
ever County farm FOR Ss.oeo.
Cibbouy q Nuckols report sales az
srpensipe Sss. 600. which include store
q Csaal Street. near Sec~Ua street
ovpujHsnee on Chambsriayne Avenue. IN
~ suburSa. two lots IN Barton
Wssghts. . plot es gressd sa Au1ssSSy
Ssreps, nsar the Reservoir. and . sew
euty-ave-sScs lot on the B ,uievard. az
- a. 49,