Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-12-19
REALTY AND BUILDING.
How Fort Worth Property Has In
creased in Value.
The Eotel Project in Good shape-The
Rolling Mil Soon to BE In Opera
tion-TrEn sfers-

AS predicted, two more Main street
lots sold yesterday for Sl9, 900. Th g
papers will go on record in few days.
To show what real estate ip Fort Worth
will do was eXempiiGad by
sale made Tuesday when Main street
lot changed hands st SIS 900 Sixteen
months ago the same lot sold for $3.50,
the purchaser has realized per cent net
on his investment from rents, and clears
SS15l on his purchase. The lots sold yes
terday will in all probability be the
last ones ever sold on the street at the
figures. The sum of 5000 WAS refused
yesterday for a Houston street lot that
sold ten months ago for $4,000.
The values of all Fort Worth prop
erty ara now fixed at figures
20 to 80 per cent above those paid twelve
months ago, and are held firmly at pres
est prices. The general opinion is that
in the spring all business property will
be conservatveiy advanced. Fort Worth
property is cheap ut present prices.
THE HOTEL.
Several citiZeus interested in securing
the hotel were at work yesterday getting
signatures to q $40 900 bond payable to
Burnha:n s. Root to guarantee them that
the lots agreed upon the hotel site
would be decided to them when they
complied with their part OF the agree
mept made aud published some time
ago. There is strong hope that work
will begin on the hotel before April l,
and If that is done then veritable build
ing boom will be tnaugurated.
THE ROLLING MILL.
Oscar Lynch, one OF the directors OF
the rolling mill saws the work of COM
plotting the buildings Is being pushed
with viEor aud the roof Wall
soon be on. The smaller set
OF ro,ls, with caparty of
from five to ten tons per day are being
put up and it is expected that everything
will be ready for work by January 20.
The larger set of rolls Will be placed III
position as 500 as possible, when the
capucity of the mill will be increased
to thirty tons per day. At the begin
ming the mill will employ from thirty to
forty men, but eventually 80 10 200 men
will he required TO do the work. The
Fort Worth rolling mill promise s to be
big thing for this city.
NOTES OF PROGRESS.
Egg'Rstone Bros are erecting two
story brick storehouse on the South Side.
The building will soon he completed.
NJ. Dillon Is making quite al aUuItIOu
to his stables on RusK street.
A glass front will be put in the build
ing now occupied by the Martini Brown
company, and on March l Colorado
firm will occupy the entire building
(four stories) as . retail dry goods store.
The Fort Worth cracker company con-
templates an addition TO the building
now occupied, or erecting q larger build
ing elsewhere.
Tue machinery for the churu and
bucket factory has been delayed on the
road somewhere, but is expected daily.
Operations Will begin IN few months
RECoHpED TRANSFERS.
p. E. Maddox to l.. Mont.
Reilly, part south half lot &,
Sanders addition ........ 1900 90
A. E. Prince to C. L. Post,
l55 acres, William Hicks
survey on Sycamore creek. 5000 90
E. Mcbride to E. ALBRIGHT,
40xl00 feet, block p, Fort
WORTH. ................ 1850 90
T. r. Blake to A. Klein ct
al. lot G, block 3, St.
Helena addition ........ 294 90
j. P. Turner to Thomas Spru-
ance, part lots l and 2. block
IS, Arlington. Observation-Disclosures. $50 90
Texas and Pacific railway
company to L. c. Mahauey,
two lots in Arlington ~ l20 90
L. c. Mahaney to Thomas
Spruauce, 3SxlG0 feet in Ar
lington ACKNOWLEDGEMENTS. IS 90
L. c. Mahaney to J, 2. Tur-
rer, 76zl00 feet In Airing
ton. ........... .A-..... 50 90
e. W. Turner to J P. Turner,
plat adjoining lots and 2,
block rs, in Arlington ...... $50 90