Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1890-06-12
ABOUT FORT WORTH.
What the Pluckiest CITY in Texas is Doing and
Trying to Do-EOtes Of
Progress.
80

BUYING WOOL. -
The proprletors of the Esrt Worth
wooden mills yesterday bought from A.
Armeutrout 10, 900 pounds of wool,
which shows that the work of making
blankets, etc., will soon begin. The
mill is about ready to begin operations.
Mr.. Armentrout, who thoroughly under
stands the wool business, says that the
mill here bought the wool several cents
per pound cheaper than it could have
been bought in St. Louis, and at the
same time the owner of the wool got
better net price for his wool than he
would have obtained had the wool been
shipped there. II Fort Worth
had several wooden mills, which
che might easily have, this
city would become one of .fhe greatest
wool markets in Texas Even with one
wooden mill we will handle tons of wool
where before we handled q, few hundred
pounds.
REAL ESTATE ACTIVE.
The month of June promises to be an
active one in real estate aud already sew
eral big deals are on foot One deal ag-
gregating Sl2O, 900 will probably be
closed this week. Barnett Gibbs of
Dallas has sold to a syndicate 1929 acres
of the John Hayne survey, lying three
and one-half miles southeast of the city
for 500 per acre. The present owners
propose to spend considerable sum i'm
proving the land and making it easily
accessible to Fort Worth.
A portion OF the Edwards tract west of
the city has been sold 10 L. p. Stevens
and others for SIPS, 200.
A number of lots in the different
terday at good figures. Real estate in
the city and in the suburbs has an up
ward tendency, based on the Lumber of
: contemplated improvements. Fort Worth
realty is E good thing to have to-day,
just as It has been for years past. II the
men interested in the upbuilding or this
city do their duty real values in the city
must increase; if they do not it may ap-
preciate slowly. Every real estate owner
should come to the front aud act liber-
ally for the whole city S welfare.
TO BUILD HOUSES.
The Texas land and trust company is a
new corporation which will operate in
Fort Worth. A charter which has been
purchased has been sent to Austin for
amendment and will be back here in q
few days. The company is o .cered by
James Ryan as president, H. K. Wall
of Hearn, Wall & Co., vice-president,
and G. c. Allen, secretary and treas
urer. The capital is 500, 900. The
company has been formed with the ex-
press intention of building houses in the
city of Fort Worth. The great need of
dwelling houses here will be par .ly sup
piled by this corporation.
RIVERSIDE STREET RAILWAY.
The Riverside street railway company
has changed Its plans in regard to the
route it will take. 1t has been decided
to run on Second street from Nichols
instead of going out Third street. The
rails and ties have all been received and
the cars ordered. Work will Degin in q
short time and in 60 days cars will be
running.
A FEDERAL BUILDING,
Word was received yesterday that con-
Gress had passed the bill appropriatiug
500, 0OG for a Federal building. This
makes Sl75, 600, the total amount to be
expended.
THE GREAT HOTEL.
Robert Mozart, T. B. Burbridge and
others of the committee on hotel, were
out yesterday with subscription list for
the subsidy to be paid over TO the sYndi-
cate which proposes to build 400 900
or $500 900 hotel. One of the most
difficult matters in this connection
is securing the site. The committee will
be at work again to-day and will push
the project undl success or failure is as
sured. The men who own Main and
Houston street property should see to it
that such hotel Is built, and that at an
early day.
THE COTTON MILL.
Messrs. Fosdick & Furman are hard at
work on the cotton mill project. Some
thing like SIS 900 of the $50 900 neces-
sary has been secured. The bonus asked
for does not come as a donation,
but the land is donated and the money
is to come from sale of this land in lots.
The lots are 5oxl00 feet, and are cheap
at the price, SlO0. These lots ut the
price are good Investment, and if Fort
Worth wants the cotton mill this is the
golden opportunity. Thirty days after
the lots are sold work on the mill begins.
PEcos STONE.
The Spring Palace freMthe other night
demonstrated the fact that the Pecos
stone will stand fire and not break
or crumble. An expert who
saw the stone after the fire
says it is as good as ever. Fort Worth
men own the quarries from which this
stone comes, and will see to it that our
fine buildings are constructed of this ma
terIal
The demand for residences and resi-
dence property is unprecedented. and
numerous sales are made daily of lots
from $500 to $500, bought by people who
will build dwelling houses. Notwlth-
standing the number OF dwelling houses
going up on all sides, the supply is not
sufficient. In many cases dwellings are
rented before they are completed. People
demand a better class of houses than
formerly, houses with pleasant yards
and with modern conNeniences. The !
supply of rooms for men who wish to be
in the heart of the cityis far below the !
demand, and the hotels are frequently |
pushed TO house their guests even when |
no extraordinary demand is made on |
them. All this goes TO show that |
even the contemplated buildings will not |
be sufficient to meet the wants of the |