The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-03-03
Immense Building Ac-
tivity All Over Greater
Richmond.
MANY SALES MADE;
N E w INDUSTRIES
All Kinds of Runors Are in the
Air-New Industries Launched
and Others Talked OLA
Week That Was Dull in a
Way-Houses Going
Up Magically.

ready published In the Times Dispatch.
show that there was Immense building
activity in Richmond during the month
that has been closed. II there wac
any way TO get at all OF the real
estate deals the records would lihely
show that more real estate changed
hands last month Than in any otner
month In tGe history Of Richmond. l
have II right straight IRON tne dealers
lhat Notwithstanding FEBRUARY Was
the short month OF ms year, although
IL mad this :car one extra day 10 IT'S
credit IL wus = rSccrt! breaker. ! am
sure that there Ia no stretching of tho
blanket when the statement IS MADE
that more real estate cnangcd HANDS
during the month of February tnap
ever before III the same length OF time
In the history OF EIcnmond, and inis
too in spite of lad weather.
Facts Yet 40 come.
Ohc-nuif OF the deeds made have not
yet come 10 the surface or been made
public, AS many OF them are Dazcd on
time contracts 10 be settled in thirty.
sixty an devon long as ninety
days. III conversation with a man VINO
knows, and VINO has largely figured
himself In the transactions OF tho
month. the above assertion Is verified
IN every respect.
tHe event cl lle
week was the sale OF goodly lot OF
acreage made by Rutiin & Sloan. They
sold to an inveat0r considers bic acre
age on the Broad street road beyond
the city limits and called In abou,
$4,000 In cold cash. 1t != understood
that John z. Branch was the selior.
The name OF the buyer does not !us,
yet appear upon the papers but he is
known as an investor.
Denis aud Near Deals.
H. seldom Taylor * Co. tell me
Of rome bis deals they made IN Main
street property near to Twelfth and
Thirteenth Streets that footed UP about
$4,000.
Amos & PoindeXtor report some
sales. ainIy IN the West End that
amount to more tnun $4,000.
Ric.-.>2n & Crutchheld did a few
stunts in various parts o; this city
amounting to nc,.riy $4,000.
y. W. Dowe 6 Son sold close TO
$4,000 OF good Richmond dirt, and
Ruehrmud & Bowles tell OF some me
sales IN the western part OF the ciu
that foot up more than $4,000.
Green & Redd made some large
sales. but they decline TO give names
ana prices.
Waller s: Berkeley report some very
good sales amounting to more than
10000. but they are shy as TO de-
tails. This firm has just gotten We'll
into it's new quarters on the second
iioor or the Mutual Building. The
firms Offices were Arst up on Eighth
Street. but now II Is better located
in the Mutual Building.
What IL Dullness.
There was Il good deal OF business
going on, and yet the agents say the
last week was rather dull. 1T was
something OF clearance week" said
one of the most active OF the real es-
tate agents. he added:
I just had 10 stop trying to sell any
more, to close Up the deals already
made, and to clear the deck for future
action. Any agent VIII tell you that
il Is more trouble really 10 settle up
sale than TO make one, and when
fellow has fifteen or twenty transac-
Tons soaked down on mis- desk, run
ming UP INTO the tnouaanus OF uonars,
10 De settled Tor, IL Is 10 easy jop 10
40 IL. Preparation, eAainlnaliun ana
execution or the uccus is something
that mas 10 be careluiiy done; the uo-
iustment of taxes, rents. insurance and
sucn ike, preparation OF the deferred
payment notes, urawing oil oeeus 10
secure sucn, or the assumption OF liens
ALREADY existing upon the properly,
the proper rccorualion OF the ucsus,
makes II mighty big draft on one 5
time. But II Is ausoluleiy necessary
for future transactions, ana renewed
activity can be looked Tor in the COM
ing week.
DO not infer from this, however,
that nothing was uoinS IN the way
or seiiing iast week; Inc tact ia All
agents we're more or less busy, anu
some mighty big deals are in pros
pect, wnicn will materiaIiZe in the very
near future.
Connrmatory of the above 1t may
be worthy OF mention that }. Thomp-
con Brown * Co. last week launched
II pretty considerable deal when IN
wolves $4,000 as starter Tha, is
to say it VIII take that amount to BUY
the property and erect the buildinCs
required for the new Industry TO be
provided for. If the deal goes through.
and quite likely IL Will, an industry
that Will distribute a million dollars n
year TO the circulating medium of
Richmond, Will get right in the swim.
Big Broad Street Deal.
1t is rumored that one of the big
deals pulled off last week. or rather
in the closing hours Of last week. AZ.
of a tract of land on the Broad Street
Road. west OF Monument Heights. at
an average of over $1,000 per acre.
which is decidedly a record breaking
or high-water mark" price for prop
crty this distance from the city. Il
The deal was pulled off Jointly by
Henry S. Hutzler & Co. and j Thomp
the property was owned individually
by Mr. Hut2ler, and on being approach
ed on the subject, Mr.. uutzler pre-
ferred not to give out any facts at
flrming the report. Brown & Co. were
- TCsontinucd nm Secon6 J,a,~o-, 49,