Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1889-09-27
REALTY AND BUILDING.
The Outlook for FaIl-Seyeral Heavy Trades on
uilding Notes.

The Outlook for FaIl-Several Heavy Trades on
Foot-fuiIding Notes.
There is much inquiry for real estate,
and a number of trades of considerable
magnitude have been cOnsummated for
which the deeds have not been recorded.
The tendency Of prices is steadily upward
and the prospective buyer viii never
again be afforded an opportunity to buy
property al present prices. What are
looked upon as the choice properties to-
day in the business part OF the city are
lots on Main, Houston and Rusk streets,
with some buyers favorabIy disposed TO
invest on Jones street running
back from Front several blocks.
The tendency of business to-day is down
Main, Houston and Rusk and on the
parallel streets east of Rusk. Between
Rusk street and the track of the Mis-
souri,, Kansas and Texas numerous
small business houses have already
been established. West of Throck-
morton the demand is for fine
residence property and this section
of the city is improving rapidly as the
fine residence portion of the city. The
growth of the city is, however, uniform,
and ali sections have advantages which
are not overlooked.
Suburban property, while very cheap,
is held at prices advanced from 20 to
331% per cent above what they
were six months since. Rapid transit
railroads have brought much outlying
property into the market, but the devel-
opment of what was formerly suburban
property has been so great and so rapid
that the outlying property is now de-
manded for suburban homes, and where
farms were two years ago to-day fine
dwellings are going up.
A wonderful growth is apparent on the
North Side, in the neIghborhood of the
stock yards, where property worth $40
an acre two years ago brings $125 to day,
with considerable demand. In the past
few days 100 acres has been sold there at
these prices, and on each acre of this
property a residence will be erected in
a short time.
The West Side now being plated is
looked upon as the coming place for
magnificent residences. One block sold
here a few days ago for $4,000, which
eight months ago was bought for $4,000.
Property east of the Union depot as far
as the refrigerator has taken something
of boom in the past week and holders
are asking higher figures.
owners of property south, north and
west as to which location shall
get the factories proposed for the city.
So far bonoTs are easy. The South Side
will probably get the cotton mill, the
West Side already has the stove
foundry, and will get one other
large factory at least, while
the North Side already has the Union
stock yards and will probably get a
large wood and iron working establish
ment. The location Of four other fac
tories is still unsettled.
BUILDING NOTES.
City Engineer Kane is doing all he can
to enforce the building permit ordinance,
and builders are paying attention to the
law. He has issued nine building per-
mlts this week.
Plans have been submitted for st.
Paul's new $50 900 church. and work is
to begin in very short time.
The city has determined to build moth
ing but stone or brick buildings here
after, so the new fire station on the Rig
gle block on the South Side viii be of
brick.
H 3. Chamberlain will let the con-
tract for his $50 600 residence on Uni
versity Heights within the next few
weeks.
Judge Sam Hunter residence in the
First ward is nearing completion.
A two-story brick covering half block
for bottling establishment, is in con-
temptation for the Third ward.
NJ. G.. Ellis will build an elegant stone
residence on the North Side to cost $40, =
600.
J. w. Wray will on his return from
the East erect a four-stOry business
house on Main and Thirteenth.