The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-06-06

whats the matter with the real estate
markei2" inquired an APpEAL reporter OF
Mr.. +. IL. White, yesterday.
Nothing whatever" he replied, spas
medically, facing his questoncr as though
he deemed the interrogation an insane
one. Nothing at all. I'm making sales
every day. believe the other dealers and
agents are dong the same, and better
prices are realized than last year. II is q
steady, positive, reliable movement, as in
the case OF any staple article, with fiction
playing no part. Parties from a distance
come here. make deals and either go away
or settle down in our midst, and there's
no blow about IT, I'm glad ii is thus, for
some fine morning, without any pharsaical
demonstrations, Memphis will impress
herself upon the country rs model South
ern city and Queen Of Commerce without
having bluiIod her way to that exalted
rank. That's the growth that comes to
stay and bless our posterity."
Then you believe there should be no
sounding OF our condition and certain
prospects abroadP'
pie elect TO take the sounding business on
themselves, that's all right, provided they
don't make IL insanely enthusiastic. But
you certainly see wherein rapid, solid
an Il ncvcr-let-up movement in real prop
erty. without this bolstcrng up, is moro
encouraging. We are going right TO work
improving that big body OF land known as
tho HAYS tract, and recently sold to
syndicaleo OF Kansas City capitalists. You'll
see "a great revolution out there before
many months"
And with that assurance Mr.. White was
away with the wind around corner, and
soon put whole block OF buildings be-
tween himself aud the reporter.
Before the latter had gone half block, n
business man, but not n real estate dealer,
halted him and wanted 10 know II every
body except himself was asleep In Mem
phis. lie didn't understand why every
body and the newspapers weren't talking
real estate, and men, women and children
running alter money Lenders for the where
with 10 buy dirt in the city and suburbs
lie was given the explanation advanced
by Mr.. White. Settling into a laborlous
reflection Tor few moments, during which
he mildly bclabored his forehead with tho
tips OF his right hand fingers. he pom
dered; continuing the digestion. but chang
ingt aid TO his left hand, he pondcrcd
some more; then he applied both hands.
pondored some more, oil the while in
grand and gloomy silence. until his mind
was ut ease, whcrcupon he removed his
gaze from the sidewalk and let II fall upon
the slolid features OF the APPEAL man.
lies correct; he's correct; he's settled
il' exclaimed the lately yexed gentleman.
tits all nonsense 10 expect US TO continue
forever doing missionary work for the
benefit Of mankind elsewhere. They all
know We have the greatest city South OF
Mason and DiNon's line, lorrich and poor.
II they don't choose 20 come down at once
aud in drovcs, that's not our concern.
Come TO think Of IL. all the architects aud
builders OF the city are busy rs they can
be on residences for those who have come
here 10 locate All the suburbs arc be-
coming little cities, extending out for
miles. There are residences of both palace
aud cottage order, with a medium style
dcnoiing that their occupants are OF the
thrifty, wcll.io-do class. But We do need
manufactures; III stick 10 that. no matter
who attempts To explain itaway."