The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-05-24
REAL ESTATE AND
BUILDING NEWS
Men Who Deal in Dirt Keeping
Step With Bankers and
Money Lenders.
BUSINESS is LOOKING UP
Sales of Realty, While Small in
the Main, Foot Up Largely.
Home Builders Numerous.

Last Sunday you spoke of a bank
official telling you that the bankers
were marking time in n business way.
We'll the bankers arc in position
right largely to control the real estate
business because they do Il good deal
of the loan!n;, OF money that goes 20
buy real estate. when the buyer. wno-
ever he may be. Is hard up. and to that
extent II may be said that when the
banker marks time we real estate fe.
lowe must necessarily be in something
OF tho Same position. But since that
banker talked to you q week ago there
has been some loosoning up, and. while
the mark time order is still TO DO
heard In the trade circles, we arc push
ins en- a little bit to better things"
Thus spoke prominent real estate
ngent yesterday, and, after cam
vnss OF tho whole town, / ain uDite
sure that he spoke. the truth as de
velopcd b. Investigations. Yes, the
real estate men have been mark e
Time" too. but the developments Or
the past two weeks have put them on
their metal. and, To say the least of IA
has awakened them TO new things.
BALES. ACTUAL AND
LOOKED FOR, TELL THE TAIy
The auction sales last week Were
very satisfactory. ana numbers OF
private sales were just "a much 50.
Were | 10 make list OF the auction
and private sales that took place last
week ut prices and values that were
pleasing 70 tho sellers ! could I'LL IN
"cry nearly n column or ncws that
might b Interesting TO the people
figuring In The transactions. but II mere
summary Is all that Is needed TO give
an idea OF the renewed activity.
Gibboney X Nuckols tell OF GALES that
footed UP $4,000. Charles J.. kuchr-
mund tells me OF deals Ne made in
various parts OF the city and In the
suburbs that footed up $4,000 or
thercahouts. Amos & Co sold city and
suburban property 10 the amount of
$4,000. y w. Bowc & Sons sold over
$4,000 worth of good Richmond dirt
Chewing & BoNIcy turned In sales
that aggregated $4,000 j. ID. Carneal
q; Son acknowledge TO business that
cncompassed $4,000. j. -. Cooke &:
co. TESS up" 10 at least $4,000 of
business. G. L.. &. II. l.. Denoon. the
most say-nothinE people in the whole
real estate realm. would not deny tina,
they sold more than $4,000 of GOOD
ground. on some OF which there were
small houses. Cover n Smith. while
Durham property. in which they are most
interested. Is not SLOUGH their sales Of
this class Of dirt being for the past
week close TO 10000 Raab x Co.
edmit some sales ia the eastern part OF
town that foot up nearly $4,000
Mooreiicld & Blake made several West
End deals that accumulated something
over $4,000. Eicheson * Crutchtield.
pcssimists that they are tspcalsing
L,
In meeting 10 the extent or confess
Ing sales OF the smaller kind to the
amount or nearly $4,000. Pollard *
fagby do not like To mention anything
under Il $4,000 deal, but a care
fui running over of their books
for the past week. including two farm
sales. revealed the fact that their total
for the week was Very close to $4,000.
SMALL TRANSACTIONS FOOT
UP RIGHT WELL IN THE END
charles \. Rose 60 arc people who
always say business is DUR unless
they can report something very big,
but being pressed down TO cast iron
facts they found that little sales footed
up nearly 100000 last week none Of the
same being individually more than
$4,000 each
Golsnn & Nash thought business was
mighty dull because they could not re-
port $4,000 as tho aggregate of their
weeks work. Bowles Il Jones Co.
figured a great deal. and felt little
hurt that they could not figure out
more than $4,000 for whole weeks
work
j Thompson Brown & Co. thought
business was awful dull because they
had sold only $4,000 worth OF good
dirt and had made loans amounting to
only $4,000. The man Of news though,
that was pretty good weeks business
In n general way.
There were numerous other agents
who in 4 confidential way unbosomed
themselves to the man of news, but
the most OF them urged him to keep
mum as TO what they told him
There was fine business out in the
suburbs. and special auction sale that
took place in one of these suburbs, en-
slneered by that good man Anderson.
saturday afternoon. was something
great. and some facts about II may
appear In this paper later on.
HuILDENS ARE HAVING
GOOD BUSINESS RIGHT ALONG
The contractors and the builders tell
me that business in their line is very
fine. They say that they find it harn
to keen up with the demands Of the
people who want to build small houses.
and small homes for cash on the spo,.
This is mighty encouraging sign or
the times, and the industrial editor
i7s t'theH me HDefty TO advise the
builders and the contractors TO whoop
ZIP and encourage all such proposi
lions.
There is no doubt Of the fact that
home builders arc Unusually active IN
ana about Richmond. II Is a really en-
cou'aginc sign of the times when the
man Of small or limited means is be-
coming home investor and Il home
maker. Owners Of old rentablc prop
crty, who are in tho habit OF charging
all they can get In tho way Of rents
40 not like this thing. hut all the same
IL Is good thing for RichmonG-
modern. twentieth century Richmond,
] mean.
Shamrock DamaSk Mills.
L.andrum. S. c., May 23.--The Sham
rock Damask Mills. located here. will
erect 100X66 foot mill construction
building costing about $4,000 and in
stall twenty looms helt-driven cleo
trIcal power equipment, etc, (all pur-