The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-03-30
Bright Week Brings
Forth Active Business
in Certain Localities.
NEW SKYSCRAPER
GROUNDS BOUGHT
Deal at Ninth and Franklin May
Mean Big House to Overlook
Capitol Grounds-Big Deal
at Second and Broad-Ful-
ton Is Boomish-Main
Street Activity.

The real estate market has been
decided interest in some heretofore
neglected properties was manifest.
Good sales that were made in the far
Fart End. that is to say. In Fulton, not
only encouraged the holders of ground
in that region. but brought out various
and sundry rumors OF Industrial de-
vclopment that is said to be on the
tapis for that good region. There are
many manufacturing sites in the far
East End that are available. and ii is
said TINT the eyes OF investors are
being cast In that direction. a Fulton
man said to me yesterday: You have
been talking good deal about man
ufacturing sites IN juXtaposition with
home stes for the operators, who are
expected to work in the same manu-
factories. Alon, this line Fulton offers
inducements that il may be "cll enough
for the real estate agents TO conoider."
Evidently they have been considering
these Inducements.
In the West End.
Jumping now all across the city, to
the far West End ] am told that
some right lively business was done
the past week on West Broad street
beyond the Boulevard. Ono man said
nc sold over 400 feet in that reg ion.
and he was a man who bought the
same property few months ago OH
is that he got good profit. he
would not have sold lie told me also
that the buyers arc men who propose
TO improve the property and build
Il at once. Presumably he is going TO
build houses 10 be rented TO opera
,ives in souc of the new msnnfactur-
ing plants that arc going up out that
way. the Kline Motor Car Company.
for instance.
MAIN street Never Tire.
Nnyx IN h.,.l. IN n r.
the city: ! am told that there is not
little activity III business property
on Main Street especially from about
Tenth street down to about Twentieth
I asked my informant for some par
ticulars OF actual sales. and he said
no knew OF only one sale that had
been actually made. and he was bound
to secrecy as TO that. but he did know
that three options were signed up last
week that Involved property on lower
Main Street OF the value OF something
over 100000. He seemed to he rather
certain that these options might be
closed this week. and when closed
would mean something III new in
dustr.al way.
On Broad Street also there was
something lively going on. j. d. Car
neal & Son sold the northeast corner
of Broad and Second Streets to T. Kauf-
mann and r. Levy for 100000. and they
sold another piece OF property in tho
understood that Messrs Kaufman and
Levy intend TO erect two handsome
stores on the property they paid Sl00.-
900 for. 1t may be worthy of remark
that these sales reported by Carneal
s: Sons were real sales and there was
no swapping and no trading in the
deals.
At Ninth md Franklin.
n. 4. McCurdy and stuart Johnson,
in conjunction with well-known
Let r..<N.z To-,
cnt is in tho vocativc. entered into "A
right lively little deal tho past week
which may mean some interesting
building development, They formed a
little syndicate among themselves and
bought the property at the northwest
corner of Ninth and Franklin Streets.
The sale was made by the Fidelity
Trust Company as executors of tho
Stanard estate.
The ground bought by the McCurdy-
Johnson syndicate fronts ninety seven
feet on Ninth Street. overlooking
Capitol Square. and runs back oil
Franklin Street 100 feet, with wide
alley in the rear II is understood that
H. took $4,000 in cool cash to carry
this deal through The buildings on
the ground are downtown residences,
very much out of date. The site is
very much in date and can be brought
little more therein The buyers are
reticent as to their purposes. but there
is good reason to look for Il pulling
down of the old time houses at Ninth
and Franklin and the springing up in
their places of twentieth century struc-
lures. There could be no better loca-
ton for skyscrapcr. for with the
Capitol Square on one side. Franklin
Street on the other, and a wide alley
in the rear. there would he all kinds
of light and air.
New Ones ~ the Hclm.
The newest concern on the market,
J. d. Cook Co. Unc), composed of
hustling young men, told about it in
another column. did some fine things
in tho maiden week Of their career
w. Il. l.. Smith Jr., of that firm,
shcweo memorandum that gave some
details of $4,000 of good business for
the past week. This young firm is
planning for still greater things.
Cover & Smith report the sale of
half a block of lots on Beverly Street
west of the Boulevard and opposite
the park. The buyers will improve
Them during the coming year.
This firm is preparing to put La
burnum Park" on the market in April.
Sidewalks, fine double roads, sewerage
and water systems. and lots of fine
shade trees make this a great promo
sitcn.
Laburnum Park adjoins Ginter Park
on the west. and extends to the Her.
mitage Road.
SlSuo saunders purchased the prop
er'y known as Luck's Farm in Han
over County, on the Telegraph Road,
ABOUT ten miles north OF Richmond,
which is 10 be developed and used i'm
conjunction with his present dairy and
I .acca Stock Farm The price of $4,000
was paid for the property. containing
about 400 acres. The sale was made
through HI. D. Zimmerman, OF Gar
-rett &. Co.
The same firm sold during the week
$40 feet In Wcsthampton for Dr. Les