The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-09-07
Sumner Dizziness Show
ing Signs Of Taking
a Rest.
MONEY LENDERS
LOOSENING UP
More Cash Put Out on Realty
Security Last Week Than for
Any Like Period in Some
Months-No Sacrifice
Bargains to Be
Gobbled Up.

While there was not a great volume
OF business in the real estate realm
last week there was much better feel
Ing, and decided Improvement in the
general tone. This was noticeable in
the nrmness OF the market. in the
numerous small sales that were made
and In the matter of loans on real es :
tate. The sales were small in the
main. hut the aggregate far exceeded
that OF the previous week The purse
strings of the leaders of money. those
VINO put their surplus cash out on
realty through the real estate agents,
were loosened up considerably, and L
heard OF numerous good sized loans
and any number of small ones that
had been completed. the securities APP
proved and recorded and the borrower
sent on his way .ejoicing. 1t must be
SAID. however, that the demand for
money on the part of home builders
And home improyers is yet somewhat
in advance OF the supply of ready
loanaolc cash. One agent told me that
as soon az II became known that an
agency had some money bags TO open
he might expect a rush on his office.
and In every instance the past week
the -ush promptly came Another firm
told me that the money lending man
OF the conceSn had been kept pretty
busy for the past several days, and had
put out about $4,000 in amounts rang
Ing from 500 TOO $4,000
Clouds Passing ny.
Altogether. everything In the real
estate market looks brighter, and
there are indications OF still further
Frightening up OF things. although
there may be some time 20 YET elapse
before the men of news will be able
TO record anything like a rushing &C
tiv!ty the spectators and short time
investors being not yet in evidence.
There Is, however. a good deal more OF
inquiry on the part of people VINO have
the money for permanent investment.
majority Of these are looking for
bargains, having been led 10 think
from the heretofore prevailing dullnes SIS
that the same might be found with
more or less ease. There are of course.
bargains in Richmond dirt, but so far
as can be asccrtained by the most
earnest seeker after tho same, there
are no people holding good. eligible dirt
who are ready to dispose OF the same
al anything like sacrifice. Quite the
contrary Holders OF central property
are holding stin. and apparently feel
ing no uncaslness about their hold
ings.
Farm Lnndx Active.
The inquiry for good Virginia farm
Ing lands, especially for such as are
located IN convenient distance to Rich
mond, Petersburg. LynchburG, Danville.
Norfolk or other large markets. is
quite active. Nearly all of the agencies
that make a specially OF farm lands
report that they are being kept fairly
busy taking people out TO view the
prospects. and not few good sales OF
this class OF property were closed last
week. in the main, to newcomers to
old Virginia.
The rental agents also had busy
time during the entire week one
Main Street agency reported the rem
tai of hfteen houses, and they were
placed without any trouble. All the
agents say there are fewer rent cards
stuck on houses than usual at this
date in September. and that for the past
two weeks they have been coming
down faster than they went.u up month
and two months ago.