The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-03-15
REAL ESTATE EXCHANGE.
SOMETHING MEMPHIS SHOULD AND
MUST HAVE.
Mr.. s. l.. Moore's Earnest Advocacy OF
Intelligent and Organised Effort
Among the Fraternity-His Labors
for Big Concern.

Mr.. Andrew J. Harris is not the man to
remain long out Of business, and when he
gets in it Is generally with both feet.
He is now associated with Mr.. S. l..
Moore in the real estate business, the firm
name being Moore & Harris, with a newly
fitted up and spacious Office in tho Sneed
& Bethel building, Second street.
This is an unusually strong firm, and II
they do not succeed II will be seven
days wonder Both are gentlemen OF in
tegrity and means, with friends by the
hundred, and are well equipped with a
knowledge OF the real estate business in
all its details.
81 see The APPEAL made some lengthy
excerpts from the annual report OF secre-
tary l.. A. Keeling, OF the Merchants Ex-
change" remarked Mr.. Moore 10 an Ar
PEAL reporter, yesterday. "Among other
highly interesting matters given were re-
ports OF the various Exchange standing
committees. | was on the Real Estate
Committee, and like all my associates on
the committee, made an individual report
10 Mr.. Keeling, from which he compiled
his report. In my report set forth what
every real estate man in Memphis will con-
cede necessity viz A Real Estate Ex.
,hange. Were such an organization formed
Z would enable us to work together intel
ligenily and In perfect accord, and when
people come here 10 whom attention
should be given II could be promptly and
well done. can cite just one case that
will convince anyone but an imbecile OF
the nestimable value Of this sort Of coop
Grafton. by the absence OF II fear Mem
phis has lost n mammoth manufacturing
concern that was almost begging 10 come
here. A few days since there were two
gentlemen here prospecting for location
for a concern 10 cost Sl0O, 900, and employ
ing GOO operatives summer aud winter.
Atlanta and Chattanooga have both been
cxerting themselves To secure the enter
prise, aud the most tempting inducements
in the way Of sites, etc, were extended.
Notwithstanding this the gentlemen came
90 Memphis ! took charge OF aud for
three DAYS devoted all my time 10 them,
driving them around In all directions over
the city and out into the country. In
doing 30 lost sight OF any property had
the control Of being bent upon getting
the concern 20 locate In this city.
j drove them, among other places, 10
the southwestern corner OF the Chickasnw
Land Companys property, whore the
Nonconnah Creek empties into the Mis-.
sissippi River. consulted with Mr.. Per
kins, told him the object Of the visit, and
he at once proilercd whatever ground was
L.. 4.
the place are not the finest in the world,
the location was a little lower than the
visitors thought best, aud they were not
well enough impressed TO accept. | then
learned that a gentleman owning a rather
large tract out near Magnolia had offered
five acres for site. Alter learning what
and whore il was, the gentlemen unhesi.
tauugly accepted, and guaranteed 10 nut
up the largest concern OF the kind in ihe
world, one that would constantly employ
600 operatives, The enterprise TO which
] refer Is a Iranuiactory Tor wood aud
willowware, all sorts OF baskets, these
dishes having such a run Tor butter, pick
les, etc, and other articles in tina. line.
The warehouse alone would have covered
1900 square feet. There are two of them
at Cleveland, Ohio, being constantly run
mp 10 Their iull capacity. | myself saw a
contract between them and the Samuel
Cuppcs Company 10 take all Of certain
lines oil articles they could turn out for live
years, consequently can say positively that
II was no wildcat scheme. Well, TO return
10 the transaction here. The prospcctors
lett, satisfied With everything pertaining to
Memphis, and with their minds made up
10 locate, and carry out their part OF the
agreement 10 the letter. A short tim,
alter they had gone, the gentleman VIII,
had offered the site changed his mind, an,
now | do not know what will bo the 10
cult. II wo had a real estate exchange ",
could we'll AFFORD 10 get that site, even i
We had TO pay good price for IL. aud 10
cate the concern. Whenever any Oi Ties,
people come 10 the city a committee coul,
bc appointed 10 take chargo.oi them, an,
the exchange bear the expense. 1hi
committee should, and would, cndcavor Il
locate the concerns represented hy th
guests, regardless OF selfish Interests Al
available and desirable sites would b,
shown, whether In North, last or soutl
Memphis, or suburbs As Il Is now, Il Il
oil done at private expense, aud generally
private Interests alone are regarded"