The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1890-06-22
REAL ESTATE IN MONTANA
Several Good Sales Made During
the Past Week to Outside
Capitalists.
More Inquiry and Interest From
Eastern Investors Than
Ever Before.
The Market Fairly Active-Improvome
in Various Parts of the City
Realty Transfers.

This is the season of the year when peo-
pie who can afford it are taking their sum-
,mer vacation. Capitalists HE themselves
away to the mountains and the seashore.
Business matters are relegated to the care
of clerks and superintendents, and specu-
dative enterprises are left, in a great meas
ure. for later consideration, when the heat
of the summer has passed and the pleasant
days Of autumn have come. This is Rener-
ally the case with people of the east, but in
Montana there is no time for vacation. All
seasons are alike to our live, rustling bust
ness men. The ball is kept rolling, new
enterprises are daily set ON foot, and espec-
tally is this the case with regard to the
building up of Helena.
The real estate dealers are very active in
the city. and are disposing of good deal
of property. Most of the sales made are to
eastern investors, who are putting their
money where it will do the most good and
bring in the largest returns. In conse-
Quence of this steady inflow of capital
property, particularly on the outside, is
steadily rising in value. piece of land
comprising 10 acres, situated beyond Uni
verslty place, was sold for the sum of $18,-
OOO, and sale involving more money was
made OF MEMO Park, lying on Montana
avenue. The purchase price was $4,000.
Inc parties selling realized handsomely and
those who have bought will no doubt
double their money in less than two years.
Helena is growing strong and beautiful.
AL improvements are of the most substan-
tlal character. Her foundation is as solid
as rock, and the wealth, enterprise and
energy are here to keep her forever in the
'front.' rank of inland cities.
wallace d Thornburg have q fair weeks
business to report. Their sales foot NJ
1Ie,soo, mostly in Flowerree and Easterly
oooltlons and Lenox properties.
Grading is now in full swing ON the streets
Of Lenox, and at last the croakers who hav,
insisted on seeing results before believing
snat any improvements were contemplated
by the owners of Lenox, can have thei
doubts removed by taking trip out Broad
IS way ana witnessing the work in progress.
John 5. NJ. Neill made very good sal
OF city property this week, consisting o
the Menlo Park tract, north of the North
ern Pacific railroad. The price was $75
wv. 1t Is stated that if the property ha
been retained few days the sum of 800
w could have been realized for it. NJ
Neil u OF the opinion that there will b
much greater ACTIVITY in realty from no
on. Eastern people are beginning to fin
out that Montana is the best field for il
vestment IN the union. Larger profits al
70 Dc realized and quicker returns mad
than anywhere else.
=. w. s. Folk d. Co. made few sales an
nave others IN hand that are of more tha
oeaanary importance. They believe the
VIII DC greater activity in real estate duri1
the next few months than ever before.
Carl kieinschmidt reports the real esta
market fair. He disposed Of some rans
property during the week.
VIM. 4uth says there has been no chan,
= the market. Prices remain firm q
deeiers are in no hurry to sell. Inquiry fro
- east u ON increase and many heavy bu
81 =. are expected here shortly.
=. +. Dodge 4 Co. have devoted thsir q
- time fdF ~ past week to larae nj
- 6eGl ane paid lttle attention 8 soal