Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1883-09-29
REAL ESTATE MATTERS.
city Property still in Domand--The W'tc
Cutting seriously Interfering with
the Sale of Outside Property.

Cutting Seriously interfering fisn
the Sale of Outside Property.
The GAZETTE called upon several of
the real estate men yesterday and in
terviewed theD% in reference to the
condition of real estate in the city and
state. The result of the interviews Is
given below:
Mr.. Alexander of the Texas invest
ment comyany said there was good
demand for property. Prices were
very stiff, and advancing, as far rs he
could see. Prices were strong all over
the city. The demand for business lots
was especially great. This was princi-
pally for investment He thought
prices would continue to advance.
The town was evidently on a boom.
There was strong demand from
wouid-be renters bat there was no
supply to fill it. Though there were
several business houses vacant, he did
not know of a single residences for rent
Some new houses were going up, but
these were totally inadequate to sup
ply the large demand The wire cut
ting had knocked in the head the de-
mand for western lands. This was
felt very sensibly. There was
little demand for farms.
Mr.. Zane Cetti said prices were too
high. There was IL boom IN prices
every now and then, and they forgot
to come down again. Prices were as
high here as in st. Louis. No, there
was no advance now, for there
couldn't well be. There was a strong
demand for rented houses, but none to
supply the demand.
Mr.. Martin, of Littleiohn & Mar
tin, said that he was in Kansas about
two weeks ago, and parties to whom
he talked said there was no use talk
ing to them about buying Texas lands
until protection could be had. Fence
cutting had almost knocked the props
from under the agents. Their was
n lower tendency in prices.
The demand for city property was
good, especially for business lots.
Prices in the city were good. Some
! building was going on. Some OF this
was by parties for residences for them
selves, and some to rent, but not near
enough to supply the demand
MIR, Reilly of j. G.. Reilly & Co., said
their was a good demand for city prop
erty but not much for country. The
| demand WAS for both improved and
uuimproved lots, but mostly the for
mer. Prices were Just about holding
their own. He had Just been to Wich-
tia Falls. The real estate men
there said little was doing. He met
men from various sections, and they all
said the same thing. This was attrib-
uted TO two causes. First, cattle have
| deprecated in price in the past few
months, and that, it is thought, had af-
fected prices of land, as land had gone
| e., nrIx Ii la rlNf
high prices. Second the acts of the
wire cutters have deferred men who
would buy from coming in ut present.
Yet all thought the matter would be
adjusted satisfactorily. There was
more business here, 10y two to on e,ac-
cording to population, than at Wich-
ita Falls Notwithstanding all
the talk about its prosperity.
He had no residences on hand for
renting, andEthere was constant de-
mand. Many are preparing to build,
mostly to occupy themselves. A man
could readily net p per cent. on his
investment by building to rent.
Mr.. Moore of the Texas land and
live stock commission company said
real estate in Fort Worth was in de-
mand, and it was hard to buy IA lot at
a reasonable price. Wild lands were
ol;nhtIx, IL, la-nood o,,o,,;all,, -,
tara .IS H. I'LL i'iiu, eapo S. co wv
81 81 nor No i onra "-i'on o'o ~ iio''i - "
va H. NvS.,+o,, 90 ,,o.4o o 1,,h,
ooid ro'i ", anoi.en idaito'.
9 "nna ieI'i eS.are sJielaiiy WIS quies' put
t ihi,,p ~ s eI S19u. az uio iiot
;,itnN me sue Vi VIII lanus nao ,, 2eeil
Injured ~ we WIRE citing; there
wa nv ui'teit tl ~ plice' IIices o'
te;,i e9'ate ~, Vs,e clty wele wei ilain-
a"raeu, "ii" tileie was ~; - siow anu steady
aSVahce hot'ceaole. mere was large
oen la iof G cenC houses uses, ,n they
uou.u hpe IN ms as tney nau none lor
i la o. h iq l.; tif,oo o9uu EN- ~ huh
u 49,, iAoe'so' ~ iii'0e' o''S II WY A"''
MI Nh an, ~ rr,.oh;, us.u a
MI. ito,Iiii oi ilu .y,lt he1uall q
~, sun tlielc Wt's iioe ',iucn uellah.'
IA ie'i esease si'iiel III tiie cley OF o,i.-
SUE rlces III we Gily wee noiu-
nmS w anu S'"''uuiiS NaiiciiiS.
ny ny ! ueiia'u ior VIII hnus
I,,''. ucrie e;' rnocuu .lieie W,s scarce
~ any since tne WIRE cutting COM
Inelceu' but mere was no change IN
.le Prices ashea; Hau inquiries nom
parties wishing TO rent, but no supply.
MI. Maflln OF WINS q Martin. said