The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-08-22
Volume of Business Maintained Dur.
ing Summer Months Reflects
Prosperous Times.
f. A. CATLIN & COMPANY
SECURE T. b. Toys SERyTCEA
Realty Concern Puts Successful Sales
man at Head of Department.
Rentals Continue Good and Money
Easy.

Small sales-few of the transactions
going to record during the week in
volving m. re than s5,000-marked the
activity of the Richmond Real Es-
tate Market during the last ten days
The total value of properties trans
ferred. as shown in the records OF
the Chancery, Hastings and County
Courts, reached $4,000. a splendid
figure for summer business.
The sustained volume of business
in realty transactions this summer
reflects prosperity in all corners OF
the city, and the fact that the bulk
of the sales have been small proper
ties shows money well distributed. The
activity this summer is much greater
than in years gone by and the grand
total of the summers business will be
a record breaker.
The number of loans being secured,
good real estate collateral being given.
for the purpose OF making improve
ments shows a condition that is dectd-
eddy healthy for business in realty and
in all other lines. The number of obli-
cations that are being met, mortgages
being cleared, runs about equal with
the number of loans made. This is
taken to mean that those want money
are able to get 1t more easily by rea-
son of the fact that those who owe
are paying. Circulation Is good.
Attractive Investment.
That there were few sales recorded
during the last week for more than
1000 proves the assertion, frequent-
ly made of late, that Richmond and
suburban realty offers most attrac-
tive and most secure investment. Many
of the buyers are putting their money
into the ground and then into build
ings that they might have homes.
Others are buying for the purpose
of building and providing homes for
those who rent.
Rentals continue good and as the
first of September draws near. tho
day on which most leases expire, the
number of leases is rapidly diminish-
ing The resumption of the manu-
facturers during the recent weeks and
the continual adding OF men to the
forces. and the fengthening of hours
into overtime or additional shifts per
day, are bringing new people to Rich
mond to live. There will be few va
cant houses this winter.
With f.. A. Catlin & Co.
Real estate men are preparing for
the increased business that will come
in the fall an increase despite tho
phenomenal business of the summer.
One interesting announcement just
made is by K. A. Catlin & Co. real
estate and insurance. 22 North Eighth
Street william L. Tyler. who re-
Gently acquired the business, today an
nounces that he has placed in charge
of the company's sales department
Thomas B. Toy.
Mr.. Toy goes to E. A. Catlin & Co.
from the realty firm of w. NJ. Mil
Ter & Co Mr. Toy is a successful
salesman, and a man thoroughly ia
miliar with the reality situation here.
He knows values and his advice Ia
frequently sought by those contem-
plating making realty purchases. Be-
fore entering the realty field Mr..
Toy travelled out of Richmond FOR
.. New York wholesale dry goods and
notions house. He assumes his duties
with E. A. Catlin & Co. on We'd
nesday.
Among Weeks Larger Deals.
Among the larger deals placed on
record during the week just ended
are: Stuart NJ. Woodward and others
to The Tredegar Company, II feet, !
inches. at southwest corner OF Seventh
and Arch Streets. $1,000; Annie OPP.
pleman to Lipman iewe, brick stors
at 1919 HUI Street, fronting 23x3S feet
$10.500.
A trade appearing in the paperA
filed during the week involving $11,-
600 was between George B. Harris and
w. F. Drinkard. Jr., and wife. Harm
conveyed to Drinkard for $500 two
lots, fronting together 3S Ia feet OF
the north side of Floyd Avenue, just
west of Sheppard Street. Drinkard
transferred the property at 2102-02-A
Floyd Avenue, 20 feet. 3 inches, BY
135 feet, for $500.
Papers recorded yesterday were tina
following:
Chancery Court Transfers.
w. Stewart White, trustee, to Josie
Merrwdey north east corner Green
wood Avenue and Hanover Street, cor
ITO; $4,000.
City OF Richmond to Tax Title Co
lot corner Duval and Baker Streets;
lot 50, Navy Hill; $1.43. Delinquent
taxes.)
Street, between Clarke a Reservoir
s0x120; $50. Delinquent taxes.)
w. r. Drinkard, Jr., and wife to
George B. Harris. Nos. 2i02-02-A
Floyd Avenue, zox135; $500.