The Richmond Virginian. (Richmond, Va.) 1910-1920, 1913-03-02

} AS a general proposition the past
week in the real estate market, as
wiseacres had predicted. was decided
~ quiet, with a tendency to activity
in spots A few Richmond agents had
notably good business--most of them
admitted that it was dull. and they
expect no greater activity the coming
week, for which condition the change
of unrest and turmoil incident to the
change in administration is blamed.
There was no little trading, and one
or two of these swaps" involved i'm
portant property, but the trading was
between spectators, and it serves no
purpose to mention these things even
when 1t is possible to get the details.
The better class of real estate men
are trying to discourage trading, be-
lieving that it serves to falsely In
ftuence values and is not by any
means Contributary tn Bicfmond's
progress. There is sufficient legtti-
mate business in and around Rich
mond to enable all the agents, even
If they are legion. TO make living.
and legitimate transfers which mean
new homes and new business build
ings and improvements Of the waste
places make history,
:, Grace Street Active.
Real estate men are sitting up and
taking notice of the trend of activity
toward the lower end of Grace street,
and SO are the spectators. One big
piece of property near Eighth on this
thorouEhfare was transferred the past
week TO a SPECTATOR. and there are
rumors Of important negotiations
pending which result in a few years
In a radical change of the map Of
Grace street between Seventh and
Eighth, because of the encroaching
march of business. The offer of Ed
gar Allan. Jr.. for the Grace Street
Presbyterian church property at
Fourth and Grace. has also added TO
this interest \ prominent real estate
man said yesterday that he did not
believe the offer Of SOS, 600 would be
accepted. -
Main street property continues TO
change hands in desuitory fashion.
( Gibbouey & Nuchols turned over a
store building between Sixth and Sew
enth on that thoroughfare, details
withheld which involved $4,000.
7 This firm also report the sale of
block on Mulberry street between
Beverly and Cary streets to c. l.. Toll
man for S15,0 600; a small store on
Franklin street near Fifteenth for S.
600, thirty feet on the Boulevard be-
tween Chain and Taylor for S125 a
foot and six lots in Highland Park.
Flats Bring Good Price.
Bowles * Jones sold TO r. l.
Barnes the flats at the corner Of
( Kingston avenue and Robinson street
for $50, 500 and sold for that gentle
man the building at Twenty fifth and
Broad for S22, 000. Some brick flats
in Jackson ward negotiated by this
firm brought $40 600 and they were
I instrumental in the sale of fifty feet
on Grove avenue, which brought 49,
J eco.
7 Richeson * Crutchfield sold BUSH
ness property on East Franklin street
near Fourteenth. details withheld. for
500. 500; a Stuart avenue home for
I $3.50; SOC feet in Ginter Park for
/ $4,000; a Grove avenue home for So
600; a small Main street store near
Second for SIS, 900; Jackson ward
/ fats, Leigh street and West End lots,
/ aggregating $4,000
I II, r. Schmidt & Company, the pop
ular Franklin street agents. observed
/ the celebration of their first anniver-
sary yesterday, and everybody, from
! the boss down to the office boy.
went out and had lunch ION the firm"
T Though only year old, these enter
prising people have made rapid prog
/ ress. and have already become factors
closing week of the firms fiscal year
was notably successful. q good BUSH
ness having been done in Paramount,
Battery court, Highland Park lots ana
1 in jackson ward property