Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-05-28
REALTY AND BUILDING.
Fort Worth,s Working Days Have
But Begun.
Two Grand Hotel Projeets-The Brewery Prop
Osition-The Bonus Only Partly Secured.
Real Estate Deals.
FORTUNES FIELD.

LEU ~ 10 HAuSTslOOu OucS AOl I'll bhos
the one section of Texas offering the
greatest inducements to men of capital
BRAIN and muscle is that tributary to
Fort Worth. It is charmed circle in
which fortunes await the enserprising to-
day and tomorrow as they did yester-
day and the day before. Fortunes have
been made and can still be
made. Cities and towns have
been built and more cities
and towns will be built while the old
ones will grow and prosper. Fort Worth
is the center of this field. Real estate in
the natural metropolis of this section is
low to-day compared with what it is in
cities similarly located. What to-day
are side streets will in short time be-
come busy thoroughfares of commerce,
and property which is to-day selling at
500 to $500 front foot will be worth $3.50
to $1,000. The conditions are here, the
natural increase will bring about this
enhancement in time, but this period
can be greatly shortened by the activity,
enterprise and push OF Fort Worth peo-
pie exerted now. The days of labor for
Fort Worth have not passed, but are IN
fact now present. The day OF bonuses has
not gone, money must be invested IN Sc
curing new enterprises, and must be in
vested by the hundreds of thousands of
dollars. Every owner of real estate
who has part of it to sell should
contribute aud contribute literally. 1t
would be money well invested If the real
estate owners and business men of Fort
Worth were to put fund of 81 ,0C0, 900
in the hands OF the chamber of commerce
to be used in bringing to this city such
factories and institutions as we need.
Fort Worth cannot from this time on do
things on small scale, she is to
be a great city and she must
do great things. She is to be king of
Texas cities, then she must act in q
prlncely manner. Our trade must be
the largest in the state Our buildings
must be the largest and the grandest. A
courthouse that will challenge the ad-
niration of the people of the entire coun-
try mnst be built. A city hall that will
be credit to this city must be con-
structed. One pork packery and one
refrigerator to-day, but i've or ten in
three or four years from now. Four
-four mills and five elevators to-day. but
forty four or five years from now. Fifty
thousand bales of cotton handled yearly
now, but 200, 900 bales must be handled
five years from now. Fort Worth had
two fields open for her, one that leading to
the position of a big town, the other
to that of becoming the metropolitan
city of Texas. The determination to en-
ter the second field has been made, and
no man who looks for or expects any
thing less than outlined above has
grasped the situation. 1t must be work,
struggle, push, strive, from this time on
until the measure of our greatness is
filled.
THE YEAR IS WORK,
Since January l the most stupendous
public and private improvements have
been entered INTO or undertaken ever
projected by any city in Texas. Tens of
of dollars are being spent in
street Improvements, on sewers, on
Buildings, public and pri-
vate, of q most substantial character are
going up with rapldity simply wonder
full, and the active era of building has
not begun. A dozen large factories are
being built, some of them nearly COM
pleted and Eve or six others will doubt
less be under way IN a short time.
There is demand for all this and success
awaits every venture.
A. N. Caswen was at work yesterday
on q subscription for bonus to gentle
man to induce him to build a hotel on
Sixth street, between Houston ana
100x200 feet fronting
sdtith. The hotel to cost, exclusive of |
gfound and furniture, $500, 900. The first |
on the list was for $40 900, |
and good round sum will probably be |
The other proposition comes from Chi !
oago men financially strong who |
propose TO erect $500, 600 botel on |
Ninth street between Main aud Houston |
the building to be absolutely fire proof |
and to be at least $500 600 better than |
any hotel proposed for any city in Texas. |
This hotel will have south front of eco |
feet, with frontage on Main and Hous-
ton streets Of 100 feet. A price has been |
placed on six of the eight lots on which |
it is proposed to erect this palatial hotel, !
800 200 being asked for the property. |
Messrs. McCartf Hurley and others are |
ut work on this project. 1t is possible |
that both hotels will be secured, and |
necessary that one or the other be built |
as soon as possible.
THE, BREWERY.
The propositiofrmade by j. j: Cannon
to Fort Worth, lsg 10 expend -sr55, 900 TO |
5000, 900 in busdlQ brewery And equip |
ping it with ali modern 1uaehinery, the
brewery to be within the corporate linn
It's. For this he asks a bonus of 500 200,
to be paid when the brewery is completed
and the first beer is on the market. Fort
Worth has until Saturday night TO ac-
oept this proposition. After two days.
work 5000 of the bonus has been se-
cured. If the people here want
N institution that will employ 100
men they will not Delay in subscribing
tn 9 balance of the $50. 900 required. A
arge brewery here would benefit the
banker, farmer and business
man generally, in would largely Increase
the weekly pay rolls of Fort Worth and
Keep thousands of dollars at hen4e that
now goes to herSstxes. A s4soiaI
effort should be made to secure thIS en-
lerprise.
NOTES OF PROGRESS.
Gen. ]. NJ. Peers yesterday sold 50x
LOO feet on Rusk and Fifth streets, with
he hree-story brick building occupied
By THE GAZETTE, to f. Poe Harris of