New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-07-15

from 50, 800, $40 in 1876 to 12,504,570 in 1878.
Nearly 90 900 acres of land were entered under df-
ferent acts at tho Helena Land Office in 1873 1ho
captal employed in business is about SJ,OOO,oOo'
Over 81 900, 900 were paid as freights on imports
during the past year. The imports a1nonnted 10
10 600 900 pounds, and the exports 10 Z'ou"'o'o'
One firm at Helena pays as much as @oo'oVo "n-
nuallv ~ frelphts on its goods and sales of lndv-
dual firms run as high as $500. OOOeacn per annuh
In this little city of only 5000 inhabitants tue
National Bank has an average of SlOOo,oOu III de-
posits and reports cash business OF 9Zo'ooo'ooo
in 1873 It's net profits for the past year were SiO-
600 on paid up capital of 100000 The nine
daily and trweelly stage lines centcring at Helena
employ men and animals by the hundred, and their
aggregate passenger and express business approaches
that of some of the shorter railroads. Engaged IN
hauling merchandise and mining machinery, and IN
taking out ores. bullion. wool aud fur are 23oo
wagons, $500 ANIMALS and LOO men. the capital
employed III this freigEtng business beng not less
than 81 10000 Among the imports IN 1873 were
35O0.O00 pounds OF salt from the Idaho salt mines
to DO used in smelling refractory ores, ana among
the exports were 10000 buffalo robes, 1,OOO,OOO
pounds of wool $3.50 900 pounds Of silver and cop
per ore rs 900 pounds of pure silver and 90, 900
head of cattle. The Montana banks paid $4,000
in express charges gold and silver bullion shipped
ont III 1873. The weight of express matter brought
in by stage was 100000 pounds, while each daily
There were 40 steamboat arrivals 81 Fort Benton,
the present head of navigation on the Missouri, ana
80 at Miles City, on the Yellowstone during the
year. Twenty boats, costing altogether over S1Oo,-
600 and employing 800 men, are engaged III THIS
navigation of Montana waters.
THE LABOR MARKET.
The Territory affords fine opportunities for bus-
ness men Of either large or moderate meanswho VIII
be content with profits ranging from ID to 70 per
cent on p.tal invested Money Is rarely loaned on
any kind of collateral at less thap 2 per cent per
f., .lat fn !. nd
per cent. Stock men claim that they eau well al
ford to borrow money at per cent per month, and
bankers are of the opinion that the borrower in
such cases makes as much as The lender There has
been ONLY one business failure any magnitude III
Montana for years. Business is done generally on a
cash basis and Montana merchants rank among the
highest IN the country according to the C0nmeiclal
agencies. Montana has never, like some other
Western sections, been flooded with labor. Inc
cause is very apparent in its distance from the
railway and the consequent expense ana trouble
necessarily incurred in getting here. Inc INDUS
trlous machinis carpenter, cook or brcklayer gets
higher wages here than the confidential book
keeper of representative Eastern business house.
and the Farmland, lahorcr or even the heldcr who
scoIns 10 work more than ten hours day. com
mands more pay than the skilled workman IN your
city. Mechanics Of all kinds command from ~ 90
10 81 80 a day. IInsklled labor receives
never less than SO a day. Prices Of all
nccessaries lsavc meats and flour, which
are often cheaper than in the FASH are about
% per cent higher than IN the Middle States. Board
and lodgings at frst-cass hotels cost, from SO to
SIG week at quitc comfortable places OF less
pretcnsIon from ~ to $40. Although 100000
acres of M1ntlnas area are covered with heavy pine
forests the high price Of labor makes building ma
tcraI rather expensive. Rough lumber sells at from
500 TO $50 per 900 feet dressed finishing lumber
matched flooring, etc, at from $40 to $50. Good
two-horse teams can be bought IN any of the agri-
cultural districts at from $40 to 1923 oxen at
from $50 90 500 q woke. Farming implements
wagons ETC., Will average - per cent higher than
at points east of the Missouri. Nearly all Montana
pioneers first built good, comfortable log homes at
almost no expense but their own labor. This also
applies to fencing and other improvements. For
ests being adjacent to nearly all the valleys the
situation remains unchanged to-day and the man
with muscle and viii to exert 1t can build for him
self a home-better than his fOrefathers enjoyed in
New-England-at less expense than in any Eastern
or prairie State | know Of Improved farms are
very cheap in all the valleys, when their wonder
jul product vcneSs and uncquailcd market are
taken into consideration. They can be purchased
well fenced with fair buildings aud the necessary
bitches and water rights for from T15 to so per
acre. The average farmer here soon works INTO the
ownership Of aimee nerd OF stock. gets independent
of ordinary farm dTudgcry IS be calls H. and leaves
hundreds of opening, for tine diversified industry OF
the Ohio or Nl.,issIppi Valley Ii is these small
items OF the dairy the heunery and truck patch 4"
which hold Out the highest iuduccllcuts TO industry.
and are yet the mos available tor poor home-seeN-
cr-. Many daITymeu going out OF the business
simply because ther RAPIDLY increasing herds VIII
support them handsomely without WORK.
TRAVELLING FACILITIES.
qI o,o,sc a,,I iis.o,, fort incident +o y trim IN
~ 'N'''''0
TINS new MOUNTAIN ldld nave otch HlitcIIdIlS cSo-
r. ~, ,I N..,lor, D.:I-,l
SION VI 'ho wan anu -''i''ih h"'il"''i'