Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-04-06
BUILDING AND REALTY.
A Deal Contaminated Which lnsures
Great General Benefits.
An Industry Under Contemplation Which Will
oyerlay Anything Fort Worth Now
Has-Real Estate Movements.


them as breathing places, for purposes
of recreation aud outdoor enjoyment,
besides as enhancing a city in the eyes OF
strangers, who are quick TO notice
and appreciate evidences of attention
in that direction. / think the city should
expend money enough not only to i'm
prove and adorn large park site, but to
keep it in a thorough state of repair.
But L am of the opinion that as the
proximity OF park greatly enhances the
value OF adjoining property the city
should accept size as a donation from
some one of the suburban companies.
do not care in which direction it is laid
from the city; but Fort Worth needs the
park.
FORT WORTH REAL ESTATE.
Said John F. Sweyne yesterday:
eyes, have been engaged in q good
many real estate transactions during my
residence in Fort Worth, and I am
good deal ahead on the business. It was
back in '13 that made my first invest
| ment in Fort Worth dirt, and ever since
that time l have found property rapidly
going ahead of its current valuation.
My first Investment, in 1878, was on
credit. It was only for 5000, but in 1880
1 sold for $4,000, and now the identical
| property is worth $50 900. l would give
that much for it now, but can't get it.
| Then along in 1875 1 bought q lot cor
ner Main and Third streets for $500;
next year l sold for $1,000, aud now it
| can't be bought for $40 900. In 1874 1
| bought half block between Seventh
and Eighth streets on Main for $3.50; in
IT I sold for $3.50, and to-day you
can It touch the same piece with $40 900.
Coming up IN later years, in 'S4 L bought
quarter block in Jennings South
addition. Originally the whole block
| had sold for $500, but paid $500 for my
quarter. In '6G l sold half of my hold
ing for $3.50, and year later sold the
other half for $1,000. But right
up to date-last week, q piece
dition, on ThTockmOrton street,
sold for SIS, 800. W hich was bought last
January by this recent seller for $40 900.
And know three lots ON Main street,
between Thirteenth and Fourteenth,
which were bought about the first OF
this year for $500, and which are now
held at $40 900. These instances L give
you are of business lots, and if 1
got out to suburban property 1 could go
on talking for a week. There is the
Evans property on South Side which has
trebled in value in two and q half years;
and to-day ] closed q deal for piece of
land at 5000 per acre, but which 1 re-
! fused to take two and half years ago at
$50 per acre.
IT MEANS A HEAP.
Yesterday there was brought to con-
summation a deal for ninety acres of
land adjacent to the city on the north,
which, with another block of ITO
acres recently secured by the
same parties, completes a solid 1000-acre
block secured at q price averaging more
than 500 per acre. Part of this has
been plated and the remainder will be
at once. 1t means the immediate up
building of q section bordering on Fort
Worth which up to now has been given
over to the boil worm and the crow.
THEY WILL DO IT.
Says John Ward: "The cement works
are about completed. The large kiln
will be finished next week, and 1 tell
you she makes an imposing appearance
out in that section of the country. The
only thing lacking now is a mill for
two are already delivered, and the third
is paid for and will be here as soon as
can be done. We will start to work at
once with modest force of twenty-five |
or thirty men, and gradually work up to |
more.
"But we have a still larger scheme on |
foot, which is not yet in shape to be |
given to the public. l don't mind say |
ing, though, that il is q heavy waste of |
time and money to be shipping ores from |
Mexico and the Southwestern states of |
this country all the way to st. /
Louis, Kansas City and Denver. |
Fort Worth might as well take |
hand in the business. All |
we want now Is coal and iron, and those /
we will soon have. At the cement works |
We have every facility for conduct
ing manufacturing institutions. There
is large arroyo near by, which will be
damned and made to afford a large
supply of water. -
NOTES OF PROGRESS.
When so much is being said about the
necessity for more hotels in Fort Worth,
1t must not be supposed the hotels al
ready in Fort Worth are not alive
to the necessity for additional pressure.
The latest move is in the
|
Sterling Ford, has been taken in, and
who will at once inaugurate series of
in the house which will
place it on first-class plane. Mr.. Ford
is of Tennessee, visited Fort Worth
for the first time a month ago, and
became so impressed with the advantages
and prospects of the city that he decided
to remain, and established himself as
above. He will give the guests his per-
sonal attention, and Mr.. Muller will de-
vote his talents to the culinary depart
ment where he is perfectly at home.
NJ. Philbun of Chicago is the GENTLE
man who has been IN Fort Worth for a
week past looking after the needs OF the
city in the way of water pipe, and has
secured a contract for material amount
Ing to $50, 600. He left Fort Worth
yesterday, but before going expressed
himself thus: 81 like Fort Worth, Ike
the people, and above all like the clI-
mate. L never was in such an atmos-
phere before. think the city and country
has a grand future before it. - The
reporter ventured to inquire If be liked |
it so well why he didn't get slice of it
to take away with him. ''But how can
you buy land with only a few dollars?
Wait till come back from Chicago, and