The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-11-05
Business Dull in a Way.
Active Inquiry---Inves-
tors Willing to Wait.
M O is EASY
IN ALL THE BANKS
Home Makers and Industrial III
vestors Seem to Be Slow to
Borrow-Just What's in the
Air Remains to Be Seen.
Real Estate Notes
Of Interest.

laKen az a whole, the real estate
market for the past week has been
exceedingly dull. Very few of the
many agents whose signs adorn the
streets are willing to tell about any
bis things they have done. If they
had done any big things they would
not be slow to tell it.
Sales In the West End that have
been heard OF amount to not more
than 100000. In addition to these
hear that Pollard & Bagby made a
kind OF Il doub~le-barrcled deal that
ioots up in the aggregate something
IKE Sl26,ooO. Maybe this deal had
better be explained, for 1t has a back
actlo Through Pollard a. Basoy. one
OIL the Invest real estate agencies in
the city. IL. 5. WaIlerstein, u real
estate plungcr OF mucI! note, maze A
zeal by when he became the owner
OF Two pieces Oh guou property on
tue nortn sue OF oroau street., be-
tween flrst Street ana Droyk Ave-
nue., II II is understood tnut AIR.
Wailersteln paid Tor TINS property tI,
Goouiy sum OF sol.UpV. nov ever. in
eAc"ahse Tor the same he put in as
cii IbIS NY nsONu fcSlugl,-
t!al property on SCUM third otre.u
mat was valued at $4,000. AnynnI,
the swap was made IN uuv form. and
the deal very large ely Increased the
rear estate commissions OF the Arm
mat figured the deal out to its final
end. ~
Trades and swaps.
In addition to the auuye recorded
sales something like 500. 900 worth ol.
trading might he mentioned
FOR instance Amos X poindexter tell
me OF S25,OUo Of business. The little
iat man OF Blanton x Co., tulks over
his bosom and his cigar, Of some
th!hs like $4,000 or business. Pres
ldent Funsten, of the Ginter Park
IonhPahs' boasts OF mighty good salep
Out there, Mr.. Green tells some good
things about sales in Virginia Place.
Some Other Deals.
Gol5an IL Nash have made some linz
sales the past week. both in their pet
region. W~esthampton. and otherwise
lticheson & Crutchiield tell me of soma
good little sales, seldom Taylor g. Com
pany rave done some BUSINESS; N. q.
Bowc " Son come In for a few deals
o = one Kind and another, and SO have
the Demons and Il whole army OF
other agencies, but all the fellows are
mighty rcticent.
They do not seem to want to tell
ANYTHING. They seem to be in 81 kind
OF waiting humor. Maybe 1t is bettc.
that they should wait. One good
agent told ms ii thing or two yester-
Jay morning that may throw some
liSit upon the situation, and may en-
plain the reticcnce of some of the
agencies. said he: "A bank man told
me this morning that there is all Tn.
money II man Is looking for in
the banks, loanable on decent security
mat is to say, good real estate secu-
7itv at the usual bank interest rate"
1 have no doubt that Is true, but he
Digger real estate rate, with all tina
commissions coming and going, may
DC greater than the bank rate. {
should not wonder il it is. 1 have
heard that somehow between real es-
cate agents and the actua cash there
appears IA remarkable gulf, a kind of
gun OF Vacantness, vacant as to tho
FUNDS that come to the borrower, NOT
vacant at all as to the real estate man
III and his commissions going
and coming. But all the same there
ma be real estate men and real es-
tate men. Some may be altogether on
the make. some may be otherwise.
some may be really patriotic and de-
void of extreme sclishness. Maybe
81. but possibly they are far and few
between. that Is, when they get to
citing out money ON real cstat. Sc
curitY.