The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1890-04-04
HELENA WANTS A SLICE.
Capitalists OF That City Preparing To In
vest In Butte Realty.

Capitalists Of That City Preparing To In
vest In Butte Realty.
Special Correspondents OF the standard.
BUTTE, April 3.-James w. Murphy, the
w%ell-known real estate dealer, spent sew
eral days in Helena during the past week
in the interests Of Silver Bow park prop
crty. Rumor had il that Mr.. Murphy,
encouraged by the remarkable success
which attended the sale Of Silver Bow
park property. wen. to Helena to work up
another and more important land deal.
A STANDARD reporter to-day interviewed
the gentleman and asked IL II was true
that he was trying to interest Helena cap
italists in another large piece of Butte
real estate. Mr.. Murphy said:
ayes, il is quite true that / ha W been
trying 10 get n syndicate of the moneyed
men of Helena to purchase n certain
piece of Butte property, and | have been
greatly encouraged in my efforts, not
outstanding the fact that some of our
loyal citizens in Butte have been making
strenuous efforts to defeat my plans. /
find there Is i'm Helena n disposition
amongst h moneyed men TT, TO
people of the capital city are
enterprising and see that there is no
place in all Montana where real estate in
vcstments will pay so large and sure divi-
dends as in Butte. But do you know
there has always been in this city and is
to-day a very large number of men, many
of them men of money and influence, who
desire To see no outside capital invested
in Butte realty? There has always been
great apathy n very apparent distrust
displayed by people of Butte in investing
in this city. Why, / have actually known
prominent citizens in this city TO carefully
xs.n fal for n NY nstfsisla t,arSnn Whn NFnnl1
come to this city with n view OF investing
and as far as possible discourage him
against so doing by telling him that the
titles to property in Butte were no good,
etc. Butte has grown to he a city of 3D.
600 inhabitants in spite of the harping of
a wonderful city which has, population
considered. the largest pay, roll
of any city on earth, and yet
real estate is r~idiculously low. There is
not n city on the North American
continent that will pay the investor in real
ment han Butte. Tho people of Helena
know this. They no longer heed the silly
cry set up by Interested parties that Butte
is a mining camp n consequently un'
safe for Investments. This city has out
grown that plea. The supply of precious
metals in the hills surrounding his city Is
practically inexhaustible and Butte will
retain for many years To come its distinc'
ton as the greatest mining camp on earth,
Helena capitalists have invested hcavil.
in Missoula, Deer Lodge, Great Falls and
other Montana towns, n are now turn
ing their attention to Butte. The man
who buys Butte real estate ut present
prices cannot loose. There is an organ
ization in Helena being formed by tn,
ladies of that city which is unique in III
character. IL is the Business Women's
Investment Society and the leader of the
movement is Miss Longmaid of the FRS
National bank, one of the most enterpris
ing and c~learest headed ladies l have evel
met. Ii is probable that these Helena
ladies will invest largely in Butte real es
tate during the next few MONTHS"