St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-02-25


& Clarke county, Montana, was her,
yesterday on his return from the East. He
says the government has accepted the bid
of the Masonic temple on Broadway fol
the new location Of the Helena pOstofice
The same will be moved there as soon a:
the needed improvements are made.
80
George McCauley, a veteran railroader in
Minnesota and Dakota. is visiting friend:
in the city. He says he is now interested in
railroad project in Arizona which promises
to be paying investment. 1t is 10 ruI
through a mining district in which art
some valuable and paying leads.
Mrs. E. T. Avis, wife of Col. Avis OF
Fort Keogh. Montana, is stopping at the
Clarendon for few days before resuming
her journey East.
#.z
Fargo sent her daily representative yes
terdaY in the person of Angus Mcdonald,
who is one OF the original settlers and
boomers of the Red river valley.
Col. c. A. Broadwater of Helena left for
home yesterday. BE has been here for q
few days on railroad business. and says
The Montana Central railroad company is
working large number Of men, and they
mean to push the road to completion as fast
as possible. This is the company that jim
Hill is interested in, and the road is pointing
straight for the San Coulee coal country
and the town of Great Falls.
#y%
l.. V. Styles. for some time head book
keeper for the wholesale house OF John ).
Murphy d. Co., Helena, Mont. stopped of
f,,C d. D.
way east. Mr.. Styles is largely interested
in mines in Montana, and SAYS he is on q
trip to Eastern cities TO influence his friends
TO join him in developing these properties.
~
Thomas B. Lloyd. one of the proprietors
of the bank of jamestown in jamestown,
Oak, is a recent Northwestern arrival in
ST. Paul, and is stopping at the Merchants.
Montana has a number of enterprising,
plucky men. who have seen the ups and
downs OF life in all variations, and none
answers this description better than William
b. Read of Helena, who reached here yes
terday. He is a veritable puSher and rust
Ter. Mr.. Reed went TO Helena five years
ago as a Presbyterian minister. where he
preached for two years, and 10 all purposes
served God in a faithful manner. But he
then decided to serve w. b. Read to some
extent, consequently resigned his charge
and opened a real estate Office. He was re-
maTkably successful in this venture, and
when the railroad reached Helena the profits
flowed into the pockets of his jeans in a
rapid manner. Through some indOrse-
ments for his brother, who was Pittsburg
banker and failed during the panic two
years ago. Mr.. Read found himself liable
for sixty odd thousand dollars of his broth
er's indebtedness, which he paid and which
stranded him. This did not completely dis
courage the ex-Ininister. He took hold
again and located tunnel site i'm Red noun
tain for the purpose of discovering any
blind leads. He was a smooth and fiuen;
talker and induced other men to go in with
him, and he finally stocked the company,
placing the shares at 10 cents each. In
sixty days from the time they started the
tunnel, and at a distance of 200 feet, they
discovered a vein eight feet in width. which
assayed $1,000 per ton. An immense eX-
element was created, and the stock rapidly
Increased in value until il reached 50. 75 pei
share and is still quoted at that figure. Mr..
Read owns 13, 900 shares of this stock and
is now interested in five other tunnel and
mining companies. He is worth about
500, coo and has splendid income eacl
month from his mines. Mr.. Read is a mar
ried man with one child and lives in a fine
house in Helena, is fond of good cigars
dresses well, and looks like man that i:
bound to enjoy life in spite of universities