The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-06-01
Another Dull Week, if
the Agents and Their
Talk Are Reliable.
RAIN TO BLAME:
HOLIDAY COMES IN
Big Sale on Fifth Street About
Which Facts Are Meagre.
Kain Property Was No Sale. i
Something Up the Sleeve. 4
Good Auction Sale on
Grace Street.

with three days OF rain. which ala
ways knocks real estate deals in anct-
ent old Richmond into a cooked hat.
speaking from real estate deal stand-
point, and with holiday right on tba
heeis OF it, there was necessarily a
very dull week in the realm of the
real estate business. More than hfty
real estate agents who we're carefully
interviewed corroboratcd this general
view OF the market FOR the past week, :
ana yet there was something doing.
great deal more than the secretiye
agents and their clients will tell about
ihere is n rumor that has gone all
up and down the streets that n w
Bowe * Son pulled off 81 very big deal
last week, but not single member OF
that concern Will open his mouth on
the subject. CRrncal e Son are also
credited by we'll authenticated run,ors
with having done right big stunt in
central business property but the VEN
cradle head Of that concern sealed his
lips like clam when called upon by
the man OF news, and the junior MEM
bers of the firm made it convenient to-
be out at the time of the call. Never
theless. the records in the court clerk'a
Office show that Carncal & Son sold
very close to 100000 worth OF renI
estate last week or maybe the week
before. the most OF which was bust
ness property that is subject to very
large development.
a Fifth Street Deal
There were rumors of n big sale ou
Fifth Street between Main and Cary.
sale that involves a fine layout of
business property subject to industrial
development. but the parties TO the
deal positively refused to give any par
ticulars. y little pumping BY phone
and otherwise, however, developed the
fact that Thomas Sydnor. representing
the Stone estate. made n satisfactory
sale. and made it privately, of some
right valuable property In the neigh
borhood named. and while the name
of the purchaser, or purchasers, is for
the present kept in the dark ii Is UNI
derstood that an Industrial DEVELOPMENT
may be expected therca bouts in the
near future
The kain property, the same being
store on Broad Street near First
Street. was offered at auction one dav
last week. ana while the bidding was
spirited and the last bid was something
of record breaker being s92,5Oo for
twehty-siN feet frontage on Broad
street or over $500 front foot, the
sellers deemed ii vie to take the goods
In. ! learned privately that since the
auction sale the sellers had been offered
quite an advance on the auction price
ana 1t looks now as If sale will be
consummated before many days. and
that section. The adjoining property
that takes in the corner Mt First Street
III the nature OF the case cannot now
come OH the market If It would, there
would be some lively bidding for thinga
right at that point
Union Depot Talk.
The auction sale of TIE Upshur resi-.
dence. No. 2le West Grace Street. was
considered record breaker for resi-.
dence property in that immediate Sec
ton. 1t brought under the hammer
$1,000 Abram Helsteimer was the
purchaser. and IL is understood he made
The purchase for home and not for
speculation of any kind
There Is great deal of talk abouS
the union depot, and | hear that many
oil the real estate spectators are holds
ing back to get the pointers as to
where the same will finally be located,
There are many advocates OF the Fif.
teenth and Main Street proposition. and
quite as many say the union passenger
station must be somewhere up on West 4
BToad street In the meantime, the
railway people. who, IL seems. havT
'he maj say in the matter absolutely
refuse to open their mouths They wifi
not give Il hint, not. to the real estate
Spectator or TO The man of news. T
know of some reai estate men and
realty investors WHO would give a
right smart little sum for Just a hint
as to the final location OF the union
station that In the very nature OF tho
case is bound TO come at an early
cate.
AS before indicated. all of the agents
ana all OF the talk they were willing
TO indulge in rather indicated that
there was dull business during the
week dozen or more OF them were
willing to tell of some small sales here.
ana there all over the city and ouS
In the suburbs. but none of them
amounted TO any big things. and, taxi
en- as a whole. guess not more than
S260oOO changed hands in notes and
cash during the week In real estats
doings, excepting. of course, the big
deals intimated about, and OF which
no particulars can be obtained.