The semi-weekly tribune. [volume] (Great Falls, Mont.) 1890-1891, 1890-05-10
FALLS RIBUN
SATURDAY, MAY 10, 1880
A NOTES.

DR.. E. d. Peters, who was formerly SUI
p%erintendent ofthe Parrot smelter at Butte
gives in the Engineering and Mining
Jour- al some notes of a trip which EN-
braced Il visit to Great Falls. His i'm
pressions are hurried and reflect the
opinions, good or bad, which travellers
form quickly. Great Falls position is
now SC strong that our people will read
with complacenCy some Of DR.. Pet
ers' comments. 1t will be seen from the
following extract that he deems real es-
tate rather high:
Passing rapidly through Wickes, with
its smelters shut down on account Of the
temporary failure in ore supply Of the
best local mines, We reach Helena, and
in a few hours more, cross the Missouri
and are in Great Falls.
This Is a thriving town Of great future
promise, and owning water power Of a
million horse power or more. But 1t
seems to me, judging from the prices of
city lots, that its inhabitants are discount
ing the future a little. Having a thous-
and or two dollars idle, 1t occurred to me
that it would be a good idea to buy a
dozen or more lots near the center of the
town, and | was prepared to go as high
as even $3.50 apiece for extra good ones,
on the main street. Consulting a real es-
tate agent, to whom l had a letter of in
PRODUCTION, he assured me that l could
not have struck q better time, as there
was a temporary tightness in the money
market, which was forcing a number Of
heavy landowner to unload.
Dreams of several hundred per cent.
- y ~fafffea. Pfr YEA ad fesi lots on t the
main street, a few blocks from the bust
ness centre, | asked him the lowest cash
price for the six. He looked at me with
increased respect, and remarked that g
week earlier those lots would have
brought $500 apiece at public auction,
but as he had peremptory order to sell
them at any sacrifice, he would venture
to put in the six at 100000 cash, and
could have the deeds ready in twenty
four hours!
| did not quite faint on the spot, but
muttering ONE incoherent remark about
shaving the title examined first" l crawl
ed feebly out of his presence firmly re-
solving to stick closely to copper smelt-
those who hid monav to nov Sor !,
As to "discoun+;ng tho f,,t,roo u++,.n
we would remark that all progressive
towns do so. Property is higher in Chi
caoo New york and D,,utb hooor.o
each of these cities ia growing and will
continue to GROW. Tn Great Fs,,s tho in
dustries, located and IN onerat;on tha
trade of the town and tho +r;hr.ouu oa,,
trv from q firm h,sis for uoI,oo ~ ~
count for the nricas which q, o,-,r;s.d
DR.. Peters.
Regarding the Roston 4 Montoro MN o1-
ter. DR.. Peters makes tbeso ramark..
The Boston g. Montana comnanv =.
Butte is preparing to erect extensive
concentrating and smelling works on the
hoion e "a o. Ine river, q couple OF miles
thew have carefully considered ths mat'
ter, but it seems to me a most unfortu-
nate business to have to transport their
crude ore TINS great distance by rail, and
where a Locomotive finds il d;fBcnlt tn
crawl at a rate of SIX miles an hour, with
TWO or three passenger coaches.
Inc choice OF Great Falls for the Bos-
ION q Montana works was made after
careful inquiry and was determined sole
~ oy business principles. The company
water, water power, fuel, railroad
and an ample site for their
and concentration. All these
conaltlons were combined at Great Falls.
Hence 1t was as natural that the Boston
" montana company should locate their
works here as 1t was for Paris Gibson, the
Pillsburys and Wash b,,rns tn bui,d ao,r
mile ~ M,n,oa.sI:.
ne eos' oi .rans-
porting 'the crude ore" seems chiefly to
DR.. Peters. This matter has
been arranged tn the satisfaction NJ tho
poston &
800 "'i'ala WIZ louho
all things considered they could pro-
duce copper here on a large scale at less
cost than in Butte or onvubora OILS. II
~
In tleSe lays grades or distance do not |