The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1890-08-17
Negotiations Now Pending for
Another Large Sale to the
Same Parties.
for the Week-The Encouragement
Of Manufactures

their own city some four a
teen years ago and comparing it with Hell
ena, they see that the promises of our city n
to-day far exceed the promises of Denver y
when it had only 10000 inhabitants. =
Therefore, taking advice from experience >
and believing that knowledge of the future d
is only obtained by studying the experience i,
of the past, they are to-day staunch and
practical believers in Helena's permanency 9
and growth. !
There was nothing particular that nature q
ever did to assist Denver to its present
ana those who have studied its 6
growth attribute it mainly to the nerve, l.
work, faith and persistence of its citizens. \
prominent among whom are the men who
have lately invested 90 largely in and about
Helena. 8
A reporter in an interview with Wallace \
4 Thornburgh made a memorandum Of q
many of the most important sales made to
Denver parties through this firm. One of
the first Denver men to recognize the mer- )
its of Helena was Peter Whine, ESQ.,, who
for several years travelled through the +,
country as general agent of fire insurance
companies. Some four years ago he re-
uuested Wallace d Thornburgh to secure,
if possible, the tract Of ground now known
as Lenox and Corbin. but it was not until
October of last year that a satisfactory
bond was obtained and in November of
that year Wallace &eThornburgh succeeded
in selling the property, through the lnhu-
ence of Mr.. Winnie, to the Denver syndi-
cate of which he was a prominent member.
This purchase involved the expenditure,
on the part of the Denver capitalists, of
some $3.50, 0Oo, and any one who will to-day
=: IA In koh u0rk in
progress in that addition, will be impressed
with the fact that when the Denver men
take hold of project they work at it as
though they believe success sure. This
syndicate not only purchased this large
tract Of land, but Immediately started to
mako large expenditures thereon. Instead
of besieging and beseeching the city faith.
ers for appropriations to grade streets and
make other improvements, they immedi-
ately donated to the city q park that con-
land in the addition, worth $4,000, and
Immediately commenced grading and work
upon the streets that will cost them before
it is finished at least $1,000 They presume
that the city appreciates this gift OF
park and this large amount of work done
upon the city's property, but some of the
Denver syndicate at least begin to think
that the city fathers do not act as if they
did.
Peter Whine reports that the only favor
he asked of the city in return tor all this
was that they should improve the grade of
broadway near Montana avenue 30 that the
entrance to Corbin and Ienox would be
slightly and easy. This, it is understood,
the CITY engineer estimated would cost
$500, and the city refused to do the grading
Such little efforts at economy do the CITY
injury, 10 not treating liberal i9vestinR
capitalists properly, and has tendency to
drive them to other fields for investment
and thus impede our growth.
Other properties have been sold these Den
Yer capitalists by Wallace & Thornburgh as
follows: Southeast corner of Rodney street
and Sixth avenue; northeast corner Of Ew-
ing street and Sixth avenue; southwest cor
ner of Broadway and Warren streets, on
which Wallace & Thornburgh are now
that viii cost $6o, 900, and acre property in
the valley costing over $3OO,OO.
This firm alone have sold Denver capital
lists. within the last ten months, about
$500, 600 worth of realty in the city or ada
cent to the same, and other nrms nave solo
considerable amounts to Denver men. Ne
gotiations are now pending for the sale o.
over $500 900 more land to this same syndi
cate, and one of the greatest drawbacks e1
perienced in closing the deals ID that Den
yer men are not pleased with the treatment
they have been % liberal with their ow,
money. Again, they complain that the citi
zens Of Helena are not 80 loyal to their oft,
as they should be. They refer to Spokan
Falls and Seattle where it is impossible ssS t
for his CITY," or fight the man that woul'
dare say au9ht'against it.
Men build cities more than factories dc
Denver, Kansas City, Spokane Falls an
Seattle were not built by natural cause
and % t bsf as by tn
There is much talk about encouraging
manufactures and raising money for tina
purpose, it would be wiser to talk NOR
about welcoming the stranger within on
gates and encouraging INN to leave N
state is not populous enough at present t
sustain large factories. The manufacture
we need are smeltels. foundries, quart
mills, meat packing establishments, etc
The Developments Of our products SHOULD
be our study. Another great need of GU
section is water: look at our valley, dry ant
parched and not a tenth part of it unde
cultivation because of lack of irrigation.
If we can get capitalists to invest thei
tens of thousands and hundreds of thous
lands in our realty all this development viii
follow-for these shrewd investors, in orde
to insure profit must, and will aid us. w
need these men experienced in building
successful cities and We must treat then
generously and encourage them to worl
with u.s. not simply for us.
-. AsAOeeCA, Loo J0oe AoeuAASA AAOl
Salt Lake City and while he was gone hi
office made several sales, and there were
good many inquiries for all kinds of pro
perty.
Mr.. Motter says that all eyes are no,
turned on Helena and he thinks it the comm
field for investments everyone is eager t.
know all about Montana and seem to thin
that Helena is Montana.
Wheeler, Word d Co., says that res
estate the past month has shown signs {
more activity. They have had good G,
nland for Syndicate property, where theI
has been an advance of 50 per foot in the pa
month. They have sold GOO feet in that az
dition at good figures. There are quite
number of out ot-town inquiries for &C
property.
Real Estate Transfers.
Albert Zeigert. ct al to Henry Wolff ct
al, 3-i6 interest in the MA section
~ Il II Mr. w.. ........S
Edgar b. Newhall TO Hetmt n Schubert,
lot 8. block 10. N. p. addition. H.
Francis II. Kelly ct TX. to T. w. knight,
certain water rights and the placer min.
ing claim adjoinins the Diamond
Springs ranch.
H. q Slaipinsor 70 Thos. j. Goodwin,
lotA block !. Flower Garden addition.
Henry Thompson ct ux. 10 frank Lang.
ford, portion Of Mineral Entry No.
"a In the NWA Of HWA OF section 30
I'll hhsW and known - the Thorn
Richard Lockey Of TO Patrick Nc
"a ~ rkau .aa