Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-06-28

new and growing country do not succeed :,
in fact are worse off than if they stayed
| East. With such men let it be said
the fault lies in themselves not III the
| country; they are very often people who
| would not succeed at anything East or
| West. If a man is not smart or business
| like enough to grasp the good things
which are practically within his reach,
| it is certainly unjust to blame the coun-
| try for it.
But TO return to real estate. The as
! sessed valuation of Fort Worth in 1880
was So $50 900; this year 1s90) it is
! SIG 800 900. Five years ago $40 acres
on the south side of the city sold for 81 so
per acre; in January, 'S9, this same land
sold for 5000 an acre; in March this year
800 acres were soldfor 5000 per acre, and
is now being retailed out to actual build
ers at $500 to $500 per lot, which is
equivalent TO from $500 to $4,000 per
acre. One more instance of the remark
able increase in lands: On the west side
four years ago parcel of land was sold
for $40 per acre; two and half years
ago this land sold for S75, and was again
disposed of six months ago for $500; the
first of last month (May) one-half of it
found buyer at $500 per acre, while the
and is now being laid out in lots.
In the heart of the city corner lots
we're sold three years ago for from $500
10 $1,000 per lot; these same corners
bring to-day Sl2 500. In the same sec
ton a gentleman who originally paid
S43 200 for four corner lots refused in
January of this year $50 ZOO for the
same; he has also been offered $50 900
for half block which he purchased in
February for $40, 900. Real estate val
ues throughout the city are based on i'm
proved lots.
The real estate transfers for the year
1888 amounted to So, 100 900; for 'S9,
81 400 900, and from January ! to May
IS of the present year they footed up
50 ,2S9 ,3l5. The largest aggregate sales
for one day were in January, this year,
amounting to S6l5, 900. The tax rate of
the city for 1889 was 81. 90 on the 500;
this year it is Sl.9715, which is much
lower than Denver, Kansas City or
Omaha.
In different sections of the city there
are in course of erection $50 residences,
10 cost from $1,000 to $40 600; and during
the summer commercial buildings will be
put up aggregating some 81 500 900.
There is not a dwelling house in the
uOlo clly u Tic pTcstuI III
fact they cannot be built fast enough TO
supply the demand. Among the many
very handsome private residences which
have recently been, or are soon TO be
completed, may be mentioned those of
H. w. TaIlant and T. B. Burbridge at
Arlington Heights, J. C. Mccarthy on
the South Side, f. E. Chase, 6. B Pax
ton, NJ. g. Ellis, S. B. Nesbitt and 4.
w. Caswell. The owners of these costly
and beautiful homes are all representa-
tive men of Fort Worth, who are enabled
to erect such structures by reason of the
sudden prosperity, which is the happy
lot of almost all who locate in this city.
HoMEwARD BOUND.
After a brief stay of four days-alto-
gether too brief-the New England party
babe farewell to Fort Worth Through |
this extreme courtesy of the Fort Worth |
and Denver City railroad, the visitors |
were enabled to return through that re- |
markable though little known agrIcul- |
tural district, the Panhandle country,
as far as Panhandle City, from which |
point the Santa Fe route was taken east |
ward
For grazing and agricultural purposes |
this section of Texas has no equal in the |
entire West. 1t is one of those localities |
that is just opening up to settlers, and |
consequently land is cheap. The ex-
pense and profit of opening up $50 acres
of land in the center of this great
wheat region has been figured out as fol-
lows: Good average land cost per acre,
Sc; breaking same, 81; seed wheat, 81:
putting in, 81; cutting and threshing,
So; marketing, 81; total coat of land and
crop for first year, Sl3 per acre; aver
age wheat crop, twenty bushels; average
price received last year, eighty cents.
Results of first year, SIG per acre, leav-
ing net earnings, covering the cost of
the land, So per acre.
Unlike many OF the Northern sections.
farming can be carried on the entire |
year. Flowing goes on nearly all winter,
aud land is prepared for crops at much
less expense, and can be done in better
shape than in the upper ATTITUDES, where
the soil freezes early in November and
stays frozen until April. A remarkable
case OF soil production, which has re-
ceived considerable notice through the
newspapers, is that of Mr.. Boyer, who,
in 1888, raised, with the labor of a boy
sixteen years old, 10, 900 bushels of
grain, the wheat averaging thirty-ffve
bushels per acre, the oats eighty-fve
bushels and the corn Ihirty-five bushels.
ms IS tne greatest amount OF grain ever
in one season by two pair OF
hands upon the face of the earth. The
Fort Worth and Denver City railroad ia
ioing much to open up this new region,
IS by means of it the growing towns and
cities along its line are brought into
quick communication with each other,
md the road furnishes besides-and per-
lsps this is the most important-a means
If transportation, principally TO Fort
Worth, for all the productions of this
ection. Wichita Falls, Vernon, Clar-
'ndon and Henrietta are the more i'm
'ortant places on the line of this rail-
Dad
Wednesday morning, the 28th, found |
he New Englande-s in Kansas CITY,
where, for the day, they were the guests
# the International loan and trust COM
ANY. The morning was spent in q car
iage ride to various portions of the city,
nd, after dinner at the Midland hotel, q |
'isit was paid to the suburbs, special cars
'eiEg provided for the party by the KAN
as City cable railway lines.
This is positively one of the most re-
nsrkable cities west OF Chicago, and it is
far criterion of what Fort Worth NAV ,
e in the near future. Kansas City has q
opulation of 200 900, as against 81 600
4 1879; the assessed valuation of the city
Sll0 900 900; il has sixty-nine miles of
ahie r0ad 150 rnfIas 80 ruaIG ,-.Asa