The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1890-07-20
HELENA REAL ESTATE.
4 Firmer Tone to the Market Than
u for Some Time
Past.
The Coming Excursions viii Bring
to the City Millions Of
Capital.
Encouraging Reports Made by Dealers in
Helena Realty--Transfers Of the
Past Week.

The realty market has acquired very
6rm tone within the week past and the in,
dications are very bright for an increased
amount of business. Real estate dealers
have very encouraging reports to make.
One movement especially is calculated to
do great deal toward making the market
very active. This is the recent subscrip-
tions made by citizens to make more widely
known the advantages of Helena and its
surroundings.
Mr.. I. r. Holmes, president of the Inter-
ior Land and immigration Co., left on yes
terday's Montana Central train for Salt
Lake, whittier he goes to meet the excursion
party due here Thursday, the Oath. The
greater part of this excursion comes from
Denver, it being estimated that not less
than 500 will come from that city. Two or
three hundred more will be added at Salt
Lake, and the whole party will come
through on two special trains under Mr..
Holmes charge. The rate from Denver is
81 the round trip, tickets good for ten
days, and it is thought most of the visitors
will STAY in Helena the full limit. Mem
bers of the last excursion made investments
reaching nearly 600, and as the coming
one is more representative of the business
element than that, their investments will
far exceed that cum.
Talking of these excursions Mr.. Holmes
said: 1.-The good impression that Helena
makes upon visitors does far more in draw
ing capital than anything we can say. The
city's natural advantages are readily recog-
nized and the stranger is only surprised
that your home people have not taken more
advantage of them than they have. The
Vuhirh ho0 hoao rQHnlVo6 for Qdvor.
Using the city will be supplemented by our
work. For instance-if Helena 10 adver-
tised In the St. Paul papers, we will open
offices there and spend two or three thou
sand dollars on our own account in more
fully detailing the city's ADVANTAGES, and
there. The same will be done in
Chicago, Kansas City and other big cities
in which advertisements are given
circulation. I estimate that at least 1000
through our efforts and the work of your
people here, and the amount of their in
vestments will depend wholly on their
ability. As the larger part of these visitors
will be capitalists the money they leave
will certainly reach into the millions.
ing favorable opportunity, for investment.
and it only needs pull all together to
bring it here. II the people of Helena, who
are really more interested in this matter
than We are, will do their part. we feel sure
OF success. So far they have done nobly,
Investors in. have had charge of great
many excursion parties, and have not
YET made failure. The Ogden
excursion was not 30 large as we hoped it
would be, but that was because there were
were only about 300 outside visitors to the
carnival, whereas it was thought there
would be Is 600.
ITO illustrate how the fame of Helena is
already going abroad. there are now q num-
Der of investors here who have come in the
past few days. There idea is to buy all
they can before the next excursion and be.
fore prices reach the point they are sure to
90 to in the near future"
w. II. Motter says that the prospects fol
real estate are simply booming and the num-
Der of people that are actually purchasing
property is far greater than at any other
time during his residence in Helena, and
that he thinks the next few weeks business
will simply astonish everybody. And in his
opinion the city will have one hundred
thousand people in the next five years. His
Gales have exceeded 20.OOO in the last week,
with other sales he could not close up. Mr..
Motter has hardly had time to do anything
this week but entertain friends and pros
pective customers. One gentleman. Mr.
Newhall, from Chicago, expressed his as.
Constituent at seeing such fine city away
out here in the mountains. and says that he
has travelled all over the United States and
has never seen town the size Of Helena sc
well built as Helena. He will purchase
property here.
business, Steele & Co. say. has been very
good during the past week; exceptionally
good considering the extreme heat and the
Geason Of the year. This firm report con
slant and increasing inquiry from bone
fide purchasers in the east and in the home
market demand that augurs we'll for thu
city's growth. Scarcely day passes with
out four or 1--WE inquiries for houses to rent
and this Notwithstanding the number o.
houses that have been built during the pas
two years. Helena is waking up to hel
great opportunities and the development
81 the next five years will surprise the san
guine.
Wallace 4 Thornburgh report their trans,
actions for the week as follows: Sales o.
city lots gil, $40; of one house for g, 800
of one acre property for an amount to b
reported hereafter. They also report {
6fmer tone to the market than for somt
time past, and credit this to the many en-
terprises now on foot having direct bear
ing upon the material advancement of Hell
ena's business interests. Wallace d Thorn
bur9h are also firm believers in the good tt
be derived from proper use of the COX
advertising fund just raised.
Real Estate Transfers.