The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-11-17
BUSIN ESS SITES
IN GREAT DEMAND
High Water Mark Reached q
Skyseraper District-Investors
Watching the Western Sec
tions-Sales in All Parts Of
Town-HolloW Voice
From the Tornbs.

unusual activity during the past week. i
The trading in the western part g q
the city goes on without abatement.
and 1t would be hard to tell how many
pieces OF property have changed hands
in that region wiInin the last ten day$s
The investors and spectators are
greatly In evidence out there. Props
critics sometimes cnanSe owners t"osa
or three times in as many Gays, ao41
the presumption is tnat tae seiice3
makes a speck every time chAngNz
Of this kind takes place. But al O.
the buying out there Is not by specu.ss
lators. many permanent investors ar44s
taking a decided interest in the wsss-ss
ern sections and they are buying wiz
the idea Of building and deveiopln9ss
There is great demand for homes I0ts9
factory operatives in the northwee&s
section. and several permanent ln@s
vestors are acquiring ground ther&
with the view OF building such homes
for rent. and in so doing they ar
doing Richmond great service and
at the same time making a very sale
Investment.
But AL of the activity Is not In Lofty
In the west and the northwest A.
intimated a week ago in this coiumus
there have been many longing eysAs
on business property, much OF il rigqI
in the busiest part OF the city, in the
skyscraper region along Main Street.
for instance. ard down on lower MAIN
Street and on Cary and Broad ana the
cross business streets. Some of those
who have been longing for this class
of property have landed. and the dealHs
which were to make them happy have
been contaminated. 80
4 Voice Frsus the TOnsbs.
banker was heard to say taa
other day thar he never knew time
in the history Of Richmond when A.
much money could be loaned on re4I
estate as now. Said he: Il believe ~
could lend out round million dcuSsA
to-day on realty security TO peeps
who want to invest more largely W
Richmond prorerty-tfat Il. I coule
do IL IL I had the money ana wantedS
to lend Il that way.
This gentleman went on TO express
the opinion that there was too muena
activity in the real estate line. anu
that SOMEBODY is liable to set nuISs
Maybe this banker does not know
ii. Sut the fact is some people nav
made remarks like that constantiy'
for the last six years. and nobody VINO
invested then or since then in the right
kind OF Richmond dirt has been hurt
ret. And they haven't failed to make
! accessory financial arrangements
Some Lively Selling.
The sale BY Charles Mllh'ser OF tina
ground and building. Si3 East Main
street, to Raphael Levy for $lSO,OvW
or $5.17s per front foot. as prets@'
ousIy reported in these columns. macs
a hirh-water record for Richmond reals
~. but the purchaser is quite sure No.
has made good investment. Otnef
sales on East Main Street. as VIII op.
pear lower down in this column. mac
unheard OF records. and yet the GET
mand for this kind Of property ae tn
new figures continues unchecked
Pollard 4 Basby report business -
being very Satisfactory. ana one % tne
members Of that firm voiuuteere0 u
encouraging information that Giaoee
over the books. just made, reveaSeo
the fact that the concern has SOLD -
straight business over . million dollafp
worth of property since the nrst day
or September. Among their last week.
sales were the following: No. as
West Broad street TO +. NJ Coilier xee
ISL 900, Nos 709 and I'll East Franklto
to Morgan r. Mills for $s3.0ee. Me-
North sixth street to James w..
Sharpe and c. c. Cottreil for SAeses
Nos. . and 10 North Twelfth Strees
TO F. p. 10th for $37.5oe. thirty-one
between Monroe and Henry Streets -
F.P 10th for $500 per front foot -
Sas.s5O. and several other smaller
sales. making their total for the wse8
over S17s.eeo.
Harrison 4 Bates sold some Aato
street property. between Eleventh 49,
Twelfth. for $4,000. and also the ress~
dnce property at the corner OF Aoe0o
and Marshall Streets for $2o.0ee. -
&1vvn
cline to divuige names OF either ouyss
or seller OF any particulars q -
deals. BY way Of variety Hsrrsoon =
Rates added Q $3.oeo Henrico COumfy
farm TO their sales list.
Duuoneso An Over ToWA.
ID Carneai q Son report sales 49,
sreSat.ns S.e.e9e. They Included -
following: three dwellings on Doveo
Avenue for $4,000. two dwellings, %
Stuart Avenue for $II.eoo. two On C5oy
street for SI2,oee. and some osnss 49,
traIiy located property.
Bowses 4 Jones Company reVest -
sale of ls3 feet on Roseneath RoaA -
G. E Sprinkle for $s.seo. the house So
10, q, sixth and stockton Streets
south Richmond. TO the same gentle
man for Sl2s0s. No. 3Ses stuart Az
Tue TO J. s. Galesie for $500. ~
fee, on Cary street. near the Doules
ward. Go T. D Drummond tor o1f.5o
ana some small houses n Ya1S0ouue
ana on Church Hi for sbeut SAeee
Meredith q Company 6lopoo~o -
over ssoAoe worth q veUDorsy. -
Guiding Main street ressesoee -
THIRD street for efs.0ee. . nosu9oe~
turing site on East Fssskisa fer 49,
two stuart Avenu. homes tor Ss2eo&a
nj some acreage ncss the resssvs>ss
IN. corner Of Chs0n ana SnGuDoU~E +
streets. for something over SaeeS2
in vssssus passs - ne eoey 80 ~.
UTE ,sggregasisg os1.eoe. ~ -
esnslemea are cousttssssossay 80