Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1919-07-01
GREATER ACTIVITY In
REAL ESTATE THAN
EVER BEFORE.
Valuable Pieces of Business
Property, as Well as Many
City and Country Lots
Change Hands.

LIE lICIcdSlIlS UcIIidIlu lOl, anu
value of Main street and adjacent
property, has become the most con-
spicious phase of local real estate
activity. The most recent transac-
ton, and involving probably the lar
gest sum Of money, was the sale by
the Cotton Belt bank thru j. e. Boyce,
president Of the bank, acting for Mrs
Mamie Graham, of Los Angeles, of
property on Main street, to II. G,
Couch, and j. l.. Longino, of the Pine
Bluff company. The property includ-
ed the three story building occupied
by the Knox-Walker Furniture COM
pany, the two story building occupied
by the Howell Grocery company and
A. Goldweber, and the vacant lot be-
tween the Bridges building and the
Isaac Rryfus home. The consideration
of this sale was something under
100000.
Some Other Big Deals.
1t is only month or so since the
Cotton Belt bank, thru Mr.. Boyce,
effected the sale of the two business
buildings located on state street near
Third avenue, belonging to II. l.,
Westbrook, one of the buildings being
sold to Garland Brewster and the
other to Reap and Crawford Furniture
company, the deeds placed on record
showing the cash consideration of
$28,250 for the two buildings.
A great number of vacant business
properties on Main street, lying be-
tween Sixth avenue and Twelfth
avenue, has changed hands within the
past several months at prices consid-
erably above quite recent quotations,
much of which will be improved with
in the next twelve months.
Durham Brothers RECENTLY bought
the lot Ul the southeast corner Of
Sixth and Main streets, while the tract
between Main and State street, and
between Tenth and Matrin, the pres
ent sit of the tabernacle, was recently
bought by Frank McGehee and j.
A. Mcleod, which, it hasbeen an
nounced, will be cut up into
business lots and sold. These deals
have involved nearly 100000.
Pine Bluff Prosperity.
Another real estate deal of con-
chase by H. X. Toney of the piece of
property at the rear of the Central
Pharmacy from Robert York, Of Mem
phis, and Mrs. Mary Trigg, of Valiant,
Okla; the consideration being $500
cash. Mr.. Toney has announced that
he will erect business houses on the
property at once. The property has
a frontage of 1873 feet on West Sixth
avenue, and is 60 feet deep. The old
two-story residence which stands on
the property will be torn down and
removed by the Cotton Belt Savingp
and Trust company, which, thru Mr.
Boyce closed the deal. I,
Large Transactions Pending.
Several other deals of this nature
are likely to be consummated in the
near future, it is stated on good
authority. Investors have realized
solid and increasing values of this
class of property, and there is strong
inclination to invest in the property
before it goes higher
1t seems to be generally thought
that increased values come to stay,
and many who have deferred buildings
operations have concluded only higher
prices are to be had by waiting, and
are planning to erect improvements
without delay.
Pine Bluff business men have never
before been so alert to the possibili-
ties of Pine Bluff. In discussing
the recent deal consummated with the
Cotton Belt bank, H. C. Couch en-
pressed his belief in the future of this
city,
"We bought this property because
of our unbounded faith in the future
of Pine Bluff. 1t has wonderful OPP
portunities for becomming much
larger city, and the growth of the
city will be greatly facilitated if the
people of Pine Bluff show their faith
in the future of their home city by
investing their money in property
and new enterprises, and making i'm
provements to property they own"
City's Future Prosperity.
The faith in Pine Bluffs future
felt by Mr.. Couch, is no less strongly
felt by j. E. Boyce, one of the lead