The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-08-02

are already being felt by the Richmond
real estate market. Since the annexa-
ton decree was handed down by
Judge Campbell in the Henrico Cir
cult court, one month has passed
That month, July. one or the usually
duh summer months has been one or
business activity above the normal ior
July, nearly 1900 deeds having oeen
fled in the courts of the city and
deals have ranged from $500 10 sio,-
600 on the majority. and on sooa
number the range OF prices mas been
from $4,000 to 100000,
New Developments.
New suburban divisions, lately open
ed up for sale, have been subject or
good inquiry and the activity in their
transfer has shown marked Incl ease
since the decree. In the sale OF lots
AT Roseneath. Mr.. Gibboney closed sew
eral deals during the last week other
subdivisions show good call with re-
suits
With the eeturn of business activity
&c r. Nuckols, OF Gibboney *
Nuckols. Is opening an attractive
proposition IT, one of the most beauts-
/ full sections around Richmond. Th'f
is located just beyond Forest HillPark
where there has been great activity
in recent months. The property, can.
ed Morningside Park, Is TO be divloea
into large lots, about twenty or whicn
will be sold. These are within the new
CITY limits and, with the sewer and
water extensions now progressing
RAPIDLY in that direction and, with
other city improvements to be made
Just as quickly as possible. there Is
every reason for the belief that these
lots will not lie long on the market.
Morningside Park.
Riverside Drive. to be constructed
by the city, TO connect the River rose.
and the Bon Air road. will run
through this property and beyond
The new highway, work on which Is
10 be begun within one year and 10 be
| completed within Ave years. will be
one of the most beautiful driveways
| in the South. 1t will wind around
through the hills and the woodland
for about a mile and a half, traversing
section of rare natural beauty. 1t
will be we'll shaded by mature
! growth of some Of the finest trees to
/ he found in Eastern Virginia. among
| them large poplars, beech, req OAK
I and the original pine, some OF which
j have a diameter Of tAree to four Feet
/ at the butt.
| Morningside Park aujoins the hand
! some property of A. J. Bradley, on
which is one of the finest springs Of
/ mineral-lithia water In Chesterfield.
| This spring, known to the residents
/ far around, has lately been housed In
| concrete and given such protection as
/ constructive skill can devise in aiding
| nature, and the neighborhood 10 en-
| joying the water.
Just beyond Mr.. Nuckols' building
I Ia the property OF George Wise, q
| portion or ali OF which will. In all
/ proba utility, be added to the Morning
side lots. The next tract, owned BY
! william Fl. Wyatt. is another OF the
pretty farms OF this section OF the
State Mr. Wyatt at this time has
practically all OF his nineteen acres IN
peas. The tract has been cleared ana
cleaned up and the lover OF natural
| beauty and such Improvements as can
be made by man Is delighted BY visit
| to the scene.
Wars Probable Effects.
With such subdivisions being open
cd up to meet the demand OF nome
seekers, and the interest being taken
by those who would locate homes In
Richmond, the outlook for the real
estate men Is much brighter now than
at any time. ..s
While there are a few who Incline
to pessimism because Of what they feel
| probab effects of trouble with money
| should q world war be precipitated,
there are others, who with the OK
pertence Of years In which there rave
been times of stress, not to say panic.
who discount this. Those who fear
money troubles put their fears thus:
THE war will affect money, and at
| feoting money, what money will ouys
| The other vioW, more generally
AAiA- = that tharA are MANY hAy1n1