The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-08-15
TRADES OF week MAKE
IT BIGGEST IN MONTHS
Real Estate In Richmond Going
Through Summer With Mucn
Doing Despite Hot Weather.
HEALrHFUL TONE is SHOWN
Nearly $4,000 Went TO Record ON
Tuesday and Wednesday, Boosting
Figures for Week to Wen Above
Normal for Midsummer.

Large trades figuring in the trans.
actions of the last week in local real
estate circles brought the total volume
of business close to 100000 and maze
the week one of the largest In months.
despite the fact that IL is placed ny
the calendar in the middle of the
summer season when business 10 sup
posed TO be dull.
All through the hot season this year
there has been greater activity
more healthy tone and a greater de-
mand in Richmond reality, than in any
summer since the boom days OF de-
cade ago, and predictions are being
made with confidence that the year
1915 will close as the biggest year In
realty dealings that Richmond has ever
seen.
While the bulk of value involved in
the aggregate business of the week Is
in trades of property in one section
of the city for property in another.
these trades have tended to establish
q line on the value of property In those
sections and to reflect q Substantial
sentiment that may enter in matertat
way into the transactions In the near
future. The establishment of property
values by trades or otherwise gives
a tone to the market that makes It
attractive for permanent az well and
purely speculative investment
For Permanent Investment.
Tho main business of the week Just
ended was of the permanent nature,
there being comparatively little of the
speculative idea or suggestion into the
transactions.
The week opened with promise that
there would be little to count up ut
the end of the six-day period, there
being less than $4,000 in bargain and
sale deeds going into the Chancery and
Hastings Courts for recorda ton. Tha
figures of Tuesday and wednesday, two
of the largest successive days this
summer, close to 100000 going to
record. put a different face on the sit
uation. and the week closed active and
with satisfactory business.
Two Large Trades.
On the two big days there were re-
corded two trades. In one transaction
something like $4,000 was involved
and In the other the figures totaied
more than $4,000.
In the first trade, handled through
the agency of Richeson g. Crutchfields
the West Broad Street Realty Inns
provement Corporation transferred to-
Herbert s. Dalton. forty feet on tina
south side of Broad Street. between
Meadow and Allison Streets, for $685.
600. Dalton transferred to the West
Broad Street corporation, a three-story
brick apartment house. the Dallas.
as 1909 Park Avenue, thirty feet front.
for $4,000. The West Broad streer
corporation had just acquired the Broa1
Street property sold to Dalton, from h
T. Richeson. for $2S,060.
The second trade was between James
L. OKeefs and the Virginia Realty
and Construction Company. OKeefo
sold to She Virginia Company the brick
flats at 2424-26 Stuart Avenue, fronting
SO feet at the northwest corner OF
Stuart and Davis Avenues, for 100000.
and acquired from the Virginia Realty
and Construction Company the brick
fats at 270f-03 Floyd Avenue, 43 feet
at the southwest corner of Floyd Ave-
nue. and Mulberry Street. for $4,000
Increased value shown.
Among other deals of interest pua
through are these: w. J. Gilmore to
w. Fred Richardson, So feet on the
west side Of Belyidere Street bstwMeShs
Main and Cary Streets. improved with
brick building, for $4,000; r. b. Pear
man to George Curry. 24i4 and RATA
Stuart Avenue, fronting 80 feet, <ff.-
500; James T. Sloan to Richmond Pro-
perties Corporation for $4,000 the land
on north side Of Dock Street, between
Seventeenth and Fourteenth Streets.
formerly owned by the William r.
Trigg Company. and bough under court
procedure by Sloan In 1912 for $7.50As
Alma ]. Perrow to Martha d. Jones. ~
feet south side Sycamore Street. south
| Of Stuart Avenue, $500; C. c.. Mat
thews to Katherine F. Bryan, 5o.16
| feet west side Noble Avenue. south Of
Brookland Park Boulevard. IS, 400;
southside Company to Frank I. Scho-
field. 90 feet east side of Twenty-ffth
Street. north of Stonewall Street
Woodland Heights. $4,000.