Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1890-08-28
REALTY AND BUILDING.
The Transfers for August Amount to
Nearly 100000.
The Aggregate Sales to Date in 1880 Are Now
Nearly Up to twelve End
Half Millions.

| - uO 0OuOtlhE thS S.7NS - NH~
times. Fort Worth is to be the busiest,
happiest and most prosperous city in the
country this year. The movement in
real circles has begun a month ahead
| of the time expected. Shrewd men OF
money see that now Is the time to buy
and they are buying. The present week
has witnessed several heHy transactions
amounting in four days 10 over $3.50, 900.
Nearly all the money invested comes
from the outside. Men who plant their
money here see that property is cheap,
realize that q steady and handsome ad-
vance will come, and are accordingly
anxious to get in on the ground floor as
quickly as possible. The city builders
are at work, and costly piles OF stone,
brick and iron 20 up on sides. Now is
the accepted time for Fort Worth &.
Every enterprise must be pushed, every
worthy project fostered. The city
fathers, headed by Mayor Smith. must
set the example, and public Improve
ments on q scale commensurate with the
future greatness of this city must
be inaugurated. No weak kneed
counselors must be listened to-.
If million dollars should
be expended In giving this city what she
needs in the way of city hall. school
houses, fire halls, waterworks, etc.. let
IL be spent with q princely hand. but let
the city get value received. Fort Worth
has So 500 200 of assessable values;
next year she should have $50 ZOO, 900,
then why wait TO make these improve
ments? Let the hammer of the stone
cutter, the trowel of the mason, the
saw and Ratchet of the carpenter make
sweetest music in Fort Worth. Let the
smoke from score of factory chimneys
ascend the upper atmosphere as signs
that below hundreds of busy brains and
deft hands are At work. Now Is the ac-
cepted time to build a city out Of the
town of Fort Worth. Build the Albu-
querque, extend the Fort Worth and Rio
Grande, secure the Denver shops, get
the Gould headquarters. push the pack
cry and the refrigerator, secure
another cotton mill, buy Fort Worth
manufactured goods and patronize
Fort Worth merchants, build houses and
stores push the work on the fine churches
being erected. Begin the work for the
grand Spring Palace of 1891 and do all
things for Fort Worth and In six months
we will know no rival. The time has
come and with twelve leaders of nerve
and money the people will take adyan-
tage of the time.
AN IRON CENTER.
Fort Worth can become the one great
iron manufacturing city of Texas If she
SO wills 1t. W. A. Il. Miller OF Llano
and F. r Malone of San Saba are In the
city in the interest of their cities striving
to secure the immediate extension of the
Fort Worth and Rio Grande to those
towns and to the rich mineral lands of the
counties in which the two cities are To-
Gated. The gentlemen have been in con-
sultation with Col. Smith and other citi-
zens aud feel considerably encouraged.
The development of the iron fields OF
Llnno and the connection of Fort Worth
with Llano by the extension of the Rio
Grande would make this city q great
iron manufacturing center, the Pitts
burg of the South. Chicago, which has
immense iron rolling mills, brings her
coke and iron from points a thousand
miles apart, and at Chicago the work is
done that gives employment TO thousands
of men. What Fort Worth and her peo-
pie can do to bring about the building of
the road should be done, and then
furnaces, foundries, rolling mills and
everything else necessary to handle the
iron should be established here.
All the real estate men in Fort Worth
say the same thing now, that is that
there is much inquiry for real estate,
There is reason for all this. It ia that
Fort Worth property is cheap. Popula-
ton gives value to real estate In or near
a city, and the men from other states
no hny
what some of our own people do not see
they know that Fort Worth g population
will rapidly and largely increase in the
next twelve months. The rule in esti-
mating the value of business property in
any city is that q well located business
lot is worth $1,000 for every 1000 popuIa-
ton. That would make our best Main
and Houston street lots worth
S3l 900. In some Texas cities
these prices are exceeded, while
In Fort Worth the best business
property is valued at S15 ZOO lot. There
Is a margin of SIG 200 between the pur-
chase figure and the real value OF the
property, and shrewd outsiders see this
and buy. 1t is a healthy sign that prop
erty in Fort Worth has not been doomed.
1t is cheap to-day, 1t is the most desira-
BILE Investment in the entire country.
There is more to base values on in Fort
Worth than IN any Texas city. The fac
tories are being secured, the wage-work-
ers are here, the payrolls are growing
larger and larger, more and more BUSH
ness is being done. The city is the
best governed municipality in Texas.
Taxes are therefore lower than in any
city in Texas. In one year 81 Zoo, 900
of outside capital is placed in Fort
Worth. 1t is active capital and shows
on the assessment rolls. No wonder
then that the Fort Worth real estate
will be active in September and
is active now.
THE WEST SIDE.
The pay roll of the Chamberlin invest
ment company amounts to $500 day.
and this money goes to men who spend it
in Fort Worth. Arlington Heights Is a
busy suburb. Miles and miles of
trenches are being opened for water
mains, force of men are putting in the
OF the water tower which will
be rinety-seven feet high, the dam
which will make Lakes Como and Garda
is being finished, streets, avenues and
are being built. Electric
ears are running and 1000 people visited
the addition Sunday. There Is strong
that many elegant houses will
be built in the addition this tall. The
hotel to cost Sl00, 600 will be well under.
way in October. The world moves and