The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-03-22
REAL ESTATE MEN
FEELING JUb|LANT
SALES ARE BEIyG MADE IN THE
EXCHANGE, WHICH AVOIDS
EXPOSURE.
8a-a
BOWE & SON GOES ON
LOANS GOING OUT FOR THE PuR-
POSE OFF PLACING IN NEW
BUILDINGS AND FOR
INVESTMENTS.
BOWE & SON GOES On

Another week of bad weather mill
tated again real estate movements.
With snow on the ground, how could
man, prospective purchaser. be
expected to take as much interest as
he might under fine sunshine with
the daisies cropping up?
The agents, to man, feel that the
slump on real estate transactions dur
ing the winter is due mainly TO the
weather conditions. They also feel
that with the coming of the lark and
the eatbird. there will be much 10
cause smiles and good feeling all
along the line.
Several sales were made in the Of
fee of the real estate exchange dur
ing the week. Lots and houses were
sold to the highest bidders; there
were good gatherings. The prices
were suitable all around. and this fact
indicates to the real estate exchange
that the purchasers do not wish on
every occasion To go out into the
weather and stand around for an hour
or two to make bids on the property.
The idea of the real estate ex-
change, or at least most of ii. Is TO
show the prospective purchaser the
| good there is TO be derived from the
purchase. That good can be demon
strated right in the exchange.
"A stock broker" said real es-
tate agent yesterday. does not have
to go around with the purchaser to
show him where the stock Is located.
He can see 1t on the records. SO,
with the sale OF real estate. A man
who wishes to purchase can find all
about the property right in the ex-
change"
ELAN & Funston during the week
had many applications for loans.
Most of the loans were for building
purposes.
This" said Mr.. Funston. 'indi-
Gates that there will be some activ-
ity in the building line within the
next short time. II means that the
money that we are putting out is GO
| ing TO be turned into real estate. and
that means that much for the up
building &c the city. We are ready
| to loan whole lot more"
|. The same was said at j. Thompson
| Browns, and at Pollard & BagDys
and the other big agencies.
/ While there may have been many
small sales which the agents did not
! care to disclose. it was recorded that
Catlin & Brooks pulled off several
| right good deals.
! They sold Highland Park dwell
ing for $4,000, and a Church Hill
/ house for $1,000, besides three Fulton
I lots at a figure which the purchaser
/ did not wish mentioned. In addition
I to this the company sold a lot in
| Highland Park for a good sum.
| Zimmerman d Co. are negotiatins
| for the sale of g. number of suburban
places. and several downtown pros
/ pects.
/ Inspector Butler. who keeps II
| touch with the prevailing condition,
said yesterday that he felt there
would be a great impetus in building
/ movements soon.
/ n w. Bowe & Son.
/ One Of the oldest and most highly
esteemed real estate agents of Rich
mond passed away last week--Mr. n,
| w. Bowe.
/ The real estate men, as one man
expressed their sorrow and engraved
resolutions of respect upon the rec
ords OF the real estate exchange and
/ in their individual mindss The loss
/ Of Mr.. Bowe will long be felt.
| The business of the company will
| continue, as in the past, under the
| old name and under the direction OF
Mr.. Bruce Bowe who has for a lone
time had practical charge Of many
OF the departments of the business
He will have associated with him
! those who have long been connected
with this old ana reliable arm.