The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1890-06-15
REAL ESTATE IN HELENA.
Better Times are Expected From
Now on to the Beginning Of
Winter.
The Market Frightening Up and
a Fair Amount OF Sales
Made.
Tho Buildinc of the Castle Railroad Ex-
pected to be of Great benehs 10
Helena-Transfers.

neCted to be OF OTeAt A1eucnS w
Helena-Transfers.
The real estate market is gradually i'm
proyinp as summer advances ana lively
times are anticipated from now on. June
isnsually dull month in Montana, and no
especial activity is looked for, but all class
es of trade are expected to feel the effects
of the good times coming. The building OF
the Castle railroad alone will add greatly
To the interest felt in real estate. as it will
increase the business of Helena and add
largely to the population. In addition to
this it is thought the bill appropriating
$4,000 for a public building will soon pass
and the ground broke and work COM
menced.
As to private buildings, residences and
business blocks, more than hundred ar Q
now under way, and many others projected.
The Chamber of Commerce will undoubt-
" build this summer They have the
means at their command for the construc-
tion of a fine block in which the board of
trade. mining exchange and their own Or
ganization can transact business.
The mining exchange is an assured sue
cass. A majority of the shares have been
taken, rooms scared. and by July an era
Of stock dealing will be inaugurated that
will equal the palmy days Of Virginia,
Nevada. Helena is now ana will continue
to be the mining center OF Montana; Inns
means great deal for the Capital City.
Real estate is much cheaper than in any
western town of like advantages. It never
recedes in price. but is advancing gradually.
If anyone feels DESTROYS of selling at a
reasonable advance on last years prices the
money is here ready to take in the snap"
% A
dealer remarked yesterday that he had
$4,000 of eastern money to take up the
first property offered at sacrifice. The
money had been ready for use for nearly
year, but no opportunity for investment
on the terms required had been offered.
This indicates a strong and abiding faith
in the future Of the city by the holders of
city property. ,
There is one thing that needs to be called
attention to, and that is the lack of atten-
to visitors and excurslonlsts passing
through here on summer vacations. The
season for excursions is just beginning and
the Broadwater hotel and hot springs are
now regularly booked among the prlnclpa!
objects of interest en- route. They will all
stop over at least one day, and 1t would be
well for the Chamber of Commerce and
Board of Trade to appoint committees and
show these visitors the city and principal
objects of interest and make things as
pleasant for them as possible. 1t would re-
suit in much good and be the means of adj
vertising our town far and wide. A party
of newspaper men stopped over at the
Broadwater night before last but they saw
little of the city proper and less of the peo-
pie. To-day party OF sixty ID expected
from New York. They are represented
to be influential men of capital and the
city would be none the loser by showing
them some attention.
DEALERS III REALTY.
Steele l. Co. report an uneventful week
with few sales. The only transaction Of
importance being one of $4,000. Al
this firm has before suggest.
ed, Helena sadly needs some sort OF
committee to meet and entertain strangers
visiting the city. Whenever visitors OF
standing and influence come here some at
tention should be shown them, and the
stories told of Helena in the east by one
who has been the recipient of few courte
who came and was allowed to go unnoticed
Wallace d. Thornburgh say dull trade
and lack of business are two strang
ers to their office. The east side
properties in which they deal are selling
we'll, and that this is fact their report Of
the weeks transactions seems to indicate
Their total transactions for the last weel
were SCI. 1856. of which $31 1856 Representa-
sales of city lots and $40, 600 sales of acreag
property adjacent to Helena. In addition
TO this two houses were SOLO ana TWO con
tracted for.
Now that street grading in Lenox has be
gun and the route of the electric railwa,
has been definitely fixed, Wallace Il Thorn
burgh expect largely increased demand
for Leno1 lots.
VIM. Muth is permanently located in Gle
giant quarters, second floor, Power BLOCK
Reports few sales this week. with indica
tions of decided improvement in tn
market.
W. E. Cox occupies the old stand Q
Porter Muth g. Cox in the Gold block. H
crease and looks for greater activity.
Witherbee & Wheeler report more in
quiry than usual, especially from the cas-
They believe the Castle railroad promise
much good for Helena, and that within
few weeks all business will be very lively.
William De Lacy says the market is ia
with better prospects ahead.
Matheson d Co. report a steady businel
in city realty, but look for increased activi,
during July.
b. w. s. Folk states that the market
improving and that many new investors a.
coming in.
W. d. Motter has disposed of about $40
600 worth of property within the last tt
DAYS. The firm of Wade & Motter has be,
dissolved, Mr.. Wade withdrawing. He il
vested about $780, 900 in real estate in Helen
Wilson g. Leslie say there is plenty of il
uuiry from abroad and the, indications a
that large amount of capital will fiji
profitable Investment here during the sun
mer.
Carl Kleinschmidt finds business looki,
better since the assurance that we are
have the Castle road.
Jno. S. M. Neill says the Chamber
Commerce will result in much good, ar
that it will be success there is no mann
of doubt. The people of Helena expe
much of it and they will not be disappoin
ed. In regard to the Castle railroad, M
Neill believes it will be a great advantai
to the city.
Z. S. French & Co. made some good sal
and feel confident that the future of Heller
is fully as bright as could be desired.
Armitage d Piatt are of the opinion tn
the Castle railroad will make the popul
tion of Helena 100000 and increase ira
and commerce proportionately. There a
many inquiries for property and fl
amount of sales. The firm has disposed
upwards of 100000 worth of property dr
Ing the last three months. They look +
big business during the summer and fall.
A. +. Dodge d Co. say the market is f,
and outlook bright. The business done
the firm IS entirely satisfactory.
W. F. Cummins is doing gaod busin,
IN houses, lots and mines and believes
are on the verge of an exceedingly prospt
GUS era.