The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-01-22
Bad Weather of NJ any
Kinds Has Chilling
Effect on Business.
MUCH INQUIR Y,
BUT SMALL SALES
Would-Be Investors and Home
Builders Talk to the Agents.
Many Lists for Future De-
velopment Made-Weather
Interfcrcs With Sales
in Suburbs.

The lHchnond real estate men viii
not get together and or.anizc AMI
operate n real estate exchange as they
do In other progressive cItirs but they
prefer TO continue In the ancient rut
and keep on being ".iohnnics on tile
spot having all auction sales on the
Site OF the property and 90 Ter cent OF
the private sales ont IN tile sunshine
This being true. snow storms, rain ana
freezing weather lave a tendency to
knock the real estate business so
FAR as actual sales are concerned. into
the middle Of nest week or some other
week that Is not burG>ncd with snow
and Ice on the ponds ami rain from
tho clouds.
The past week was burdencd with
all Of these trade knocking conditions
and hence the total sales Tor The week
PFophbiy Footed up not over 100000.
Good Office Work
However there was mitch Office b,lsl-
ness. and investors showed Il decided
disposition to invest whichever the
clouds and IN. mud and the snow and
the Ice Will admit Of the running Of
automobiles and puEgics 70 the prom
crty. that they may trade and tranic
right on the spot. and there was a
great deal OF inquiry for ppth business
and residential realty livery agent
visited glcefully told OF rccrlng num-
erous large and imposing deals hung
on the string subject 10 carly con-
summation in the shape OF sales and
not a few OF them have contracts and
options signed ui. and these too, may
result in very early sulc6 OF huge
dimensions. and there arc tast oceans
OF small deals that have pccu strung
up. Looking at the situation from this
standpoint, the past week was indeed
quite an active one. but contracts ana
options and That ever prescu, string
upon which they and other supposed
bright prospects are jauntlv hung do
not always pan out III the nn,i passing
OF tho deeds, and the collecting OF tue
purchase price. az one OF the rgents yes
terday explained to me. lie said that
Hattcrlng string" Is often like JOSH
Billlnss's mosquito: When YOU hit At
!; your very hardest you are sometimes
very liable TO strike 'whar {; recently
was"
sumo business Done
Among the agents who looked upon
the past week as active along these
lines were Pollard & Basby, Amos &.
Poinde&ter. Blanton q. Co.. Harrison x
Bates, Richeson & CrutchiiLld H. Sell
don Taylor & Co. j. 4. Connolly & Co.
Golsan & Nash Brooke & O.. Elan &.
funsten, }. Thompson Brown & Co.
William Purcell. Jr. & Co Vaughan &
Co. Green & Rcdd, Williams Z. Cease. G.
l.. & II l.. Denocn. Douglas Taylor and
others There were some agents who
would no, comment at all but they
looked the way tn" others talked and
they, too, were evidently nappy over
the appearance Of that string
However, some sales M.re closed
mat Is to say, quite n number of deals
OF the smaller order that have been
hanging on that string for a greater
or less season were pulled on and the
deeds that evidenced the fact landed
In the Offices OF the clerks of the
courts.
Veteran Investor Smiles.
H. s. Wailerstein was In the market
In the double capacity of buyer and
seller the past week. and he tells me
the agents with whom he does bust
ness sold for him West Eroad Street
fiat. store at Laurel and Cary Streets.
$50 feet OF ground on Stuart Avenue
between Cleveland Street aud West
Avenue. and that he bought some va
cant dirt on Monument Avenue near
Ros4ncath Road. Mr. Wallerstein was
asked for some of the figures that IN
duced this business, and a:icr blink
ing his right eye and fl, nring the
reportorial interrogatio ton mark with
one of his sweetest smiles. he replied:
Ten dollars and other valuable con-
siderations," Mr. Wailerstein never
tells real estate news with figures at
tached 1t is not always wise for in
restors' to get leave to print. ar least,
so thinks Mr.. ".
snow and rain and other very bad
January conditions are we'll calculated
to give a black eye to the men who
give special attention to the sale of
suburban property and II is no wonder
that their transactions were small tho
past week. In fact. the most of the
evel-headed suburban dealers make ,
1t rule not to cart or automobile nm
inquirer out to look at vacant s,bur-
ban lots in such weather as prevailed
last week During such time they arc
content to list the inquirers for future
development, so to speak. The inquiry
and listing business in suburban lots
was considered very active all tho
week. and several of the agents told
me on the quiet that they had de
veloped" inquirers In their Offices
while the snow and the rain were fall.
Ing sufficient to keep them mighty
busy selling lots and passing deeds
when the clouds roll by.
There is undoubtedly a great deal
of inquiry, largely by mail. for farm ,
acreage located within a circle of fifty
TO hundred miles around Richmond.
Many of these inquiries come from the
West and Northwest. and visitors not
few have recently been here from
those bleak regions to see for them
selves and inquire in person. However.
have not heard of any large sales
that were consummated the past
week. One man sold $4,000 farm
In nearby county on the Southern
Railway. hut lie was mum when asked
Tor further particulars There seems
to be special inquiry for James River
farms, and there arc sn.d to he very
Few on the market at the present
LIME