The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-12-15
Activity Will Rule Upto
Christmas Holidays in
City and Suburbs.
BROAD AND MAIN
IN THE LIMELIGHT
Stock Speculation Money Going
Into Richmond Dirt - City
Makes an Investment-Resi-
dental Property in Demand.
Suburbs Expecting Annex
alton Get Very Lively.

The activity in the real estate realm
continues without the abatement thai
n usually noticeable ten days or TWO
weeks before the Christmas Mondays
snd the Indications now are that The
trading and buying and selling o,
Richmond realty viii keep right on
at a rapid rate until the little children
hang up their stockings on the night
Of the cath. and then VIII be promptly
resumed on the morning OF the 2sth.
More than the usual activity IN
Broad Stree, property was apparent
during the week just closed, severa!
large deals being made near EIoa
station and west Of that point AMONG
the large investors N Broad street
dirt in the section named We're;
thomas Bryan. H. NJ smith j..
n y Wilson. H. < Wallers:ein. Henry
= Wickham and perhaps others whose
names have not yet appeared upon the
rapers that are open 20 inspection
some right large deals IN business
property on Main street were prac-
tically consumated. lat in most cases
the parties TO the Transactions are
Withholding particulars until all OF the
deeds are signed up. and that may re-
ouire several weeks time YET;
In residential property there was
more than little OF activity. = $50
19n sale OF Grace street frontage. at
tha southwest corner Of Eighth Street.
was one OF the big deals said TO have
been pulled of. but no particulars OF
u, transaction could De pumped OUT
Of the retlcent agents
The boulevard and the Suburbs
out on the Boulevard there was, as
has 5een usual OF late. very much ac-
tlvity. ana a number OF lots changed
hands. one agent informs me that ma
had several catering offers for lots
that had recently been. purchased On
ina, thoroughfare. but the new owners
declined the same.
Whether they propose TO hold the
lots for their own building purposes
or think there are good chances 10Y
bigger prices by holding them d while
longer. the agent apparently knew
not but ANYHOW. they refused hand
some profits on recent investments on
me Boulevard.
Good business was done here ana
there I'm the suburbs. Evidently Wood
and Heights Swansboro and Fores;
Hin expect 10 be taken into greater
Richmond by the annexation route. fo'
they are all displaying more tnan inc
customary activity in building lots ana
in Improved properties. One agency
alone reports sales OF more than
dozen lots in Woodland Heights. and
numerous transactions that took place
in Forest Hill and Swansboro have
Leen reprted.
Altogether. there is much trading
md buying and selling Of real estate
in Richmond and the SURROUNDINGS
much more than the agents Will tell
about Some attribute a part OF TINS
activity TO the fac; that good deai
of money that has been used in stock
operations is being taken out OF that
channel because OF the seriousness OF
The stock and bond markets at this
time and the holders OF that cash are
going the safe and sane thing OF
nlankiur down in good Richmond
realty
Amos Poindexter report sales
amounting to $4,000. consisting OF
properties all the way from Church
Hili to the Boulevard. and away out
IN Highland Park Among these sales
were two handsome lots on the Boule-
ward
cover & Smith sold for Thomas P.
BRYAN the block Of new stores at the
corner OF Laurel and Broad Streets
fronting on Broad. and also the eighty
rect of vacant ground adjoining THESE
sales aggregated sf2f.0e0 and were
cash transactions. there being no trad
ing and swapping in the deals
williams & Cease closed up a Broad
street deal that has been on the string
for some time. the property beinS
rorty-seven feet at Shafer and Broad
The purchaser was Henry T. Wick
ham.
Several lots al the corner OF Eyland
and Broad Streets were bought BY
Thomas T. Bryan. and Richeson &
,-rutchdcld sold forty-thrcc feet on
Inc south side Of Broad near Laurel
for $50. 600 This firm also sold four
West Marshall Street dwellings for
Slgese and Hanover Avenue resi-
drnce for $4,000
The Cify Wakes Investment.
] THOMPSON BI.owu & CO. sold to
Dr. T. =. Leonarl a handsome West
Grace street dwelling. ann IL Is IN
dersfood the purchaser intends TO inn
prove the property and convert il into
= private sanstorium This trm also
sold some vacant ground on Last Main
street. near Twenfy-first. for = little
over 500 per front foot
Harrison & Bates finally close, Up a
deal vsth the city .or Lester street
f,ropertv needed by the munich
paIi,v TO s;raighten and otherwise i'm
urovc that tNoroughfarc. The deal.
which involved only $4,000. has been
On the striug Tor NEARLY OF quite a
car. and had TO run tic gauntlet Of
VARIOUS N'-'''~t'
Council meetings.
Gibbony & NuckoIs report the sale
81 sixteen vacant lots IN Wooolsu"
Heights to an Out-of-town buyer VINO
has brought his money to kichmono
20 ~ put in . safe investment IL =
said that this out-of-town investor
will 90 farther in the Investing hne
ana erect rentabie bones on his pur-
chased ground This Srm also maze
,.ur,eross sales on the Boulevsrl ana
.. mae valsable property on Brook
.... nuc. near Moore street.