The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-06-26
REAL ESTATE AND
BUILDING NEWS
M id su m mer Dizziness
and Hot Sun Knock
Out Business.
BUILDERS WORRIED;
/. SELLERS SOLEM N
A Poor Showing for the Week,
but the Optirnists Say 1t Was
to Be Expected, and They
Are Not at All Discourage
cd-Bright
Clouds.

The real estate situation for the
past week Is g. little complicated, and
yet according to the old stasers, 1t
oaould not be. for the sudden dullness
vanced state or the season was MOTH
ing more than should have been ex-
pected. The old stagers and the
old timers ID the business. who have
been close observers Tor many years,
say they are in no way surprised that
The sales OF the past week. that 49, the
actual sales, footed UP considerably
less than 100000. They say they
have seen the June-Juiy hot season
come before. and right we'll do they
know what 1t means
Younger Enthusiasts.
Not SO with some OF the youngsters.
the fellows In the real estate bust
ness who have experienced but t.I
Nany June-July spells. and therefore are
always optimistic. expecting business
to be as good in the torrid days as II
was in the sweet days of April and
May These youngsters were as blue
as real indigo yesterday, but the old
stagers smiled and said business Is
good enough considering the season
and the holiness OF the midsummer
sun These old fellows are OF the
opinion that any late week in June
that foots UP $4,000 OF good business
In the real estate line is something to
be proud of That is about what the
past week showed UP. The sales thai
went TO make up this amount were
largely In the western section OF the
CITY. and consisted mainly in the sales
OF vacant lots upon which IL is under
STOOD homes are soon 10 DE erected
Optimistic Views.
However. the sales were not near
so large either by means OF auction
or IN private way as the sellers
could nave wished, and in various To-
ealitieS very solemn countenauces are
10 be met with. When the average
i.lcnInond real estate seller does not
90 big selling he gets an idea tina,
the world is nearing an end, and
ne gets blue and solemn accordingly.
Lots of them We're blue yesterday.
Inc optin!sts say that the dullness
OF the past week was TO be expected
and ihey are in no way discouraged
one of these optimists gave me the
beneht OF large number OF rulnors
ne had heard There may be but lit
tie IN these rumors, but they may
mean sight One is to the effect
that a big Western manufacturing es-
Enlistment is looking for a site in
Richmond or nearby upon which to
erect big plant. possibly the main
plant of the concern or maybe only
a branch, but in either event the
plant Is expected TO be big enough
to employ from 1000 to 5000 expert
workmen, and that Will make a big
payroll and incidentally get some Of
the builders and contractors busy.
Another rumor is to the effect that
la manufacturing establishment now
located in a nearby city is to be
with one of like character already
here. and that the consolidation means
an enlargement of buildings and an
addition to the surrounding popula-
tion.
There were other reports on the
air that were well calculated to get
The real estate men excited but none
OF them could be traced to rock bot
tom dehniteness. and perhaps the less
said about them the better.
Bothered Builders.
The sales by H. Seldom Taylor &.
Co, OF something over $4,000. We're per-
haps the biggest of the week, and
some OF them had been on the String"
for quite while. They included a.
number OF vacant lots on Dance Ash
land and Wallace Streets In kind OF
new locality that reioices in the name
Of "Dogwood." also OF Governor Street
Hanover Street and First Street prop.
critics.
The contractors and the builders
several weeks past. The long rainy
spell first came along and knocked
them out of very many good work.
ing days, and that spell was followed
by an intensely hot spell that made
many workmen knock Off The result
IS that many of the contractors are
behind time. and they are not lit
tie bothered as to how they will ever
catch UP with the work so as 10
enable them to satisfy all of the anx-
!ous home-bullders that want every
Over In Washington Ward.
Real estate clearings of Washington
Ward. as compiled by Chas. F. Ruehr-
Boowles. for the period of May Is to
June 10. are as follows:
Improved property.S103,242.O
Unimproved ..1.., 32,744.17
ST s5 .es6.17
For the same period of last YEAR.