The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1890-05-04
The Week Devoid Of ANY Special
Feature, Though Many Trans
fers We're Made.
"A Large Tract Of Acre Property
Sold and Many Lots In
Boulevard.
Inquiries Active-sever.l Dealers Express
Their Views on . Mineral Exhibit
"A Weeks Transfersl

00enCo IN the future Is unAbated. inquiries
are being received from commercial centere
of the east that show an interest in the fu-
fure of the capital that is very gratifying.
There are million Of dollars now seeking in
vestment in the west. This is whore the
greatest and quickest returns can be real
lied. From twenty five to fifty per cent. il
low estimate to place upon realty transac-
tions in this city. Property is cheaper here
than in any place of like pretensiens in the
western country, and although some large
deals have been contaminated in the last
few weeks, they are only drop in
the bucket to what is to follow
The people of Helena hardly realize
the importance of their own town
were presumed to know, that upon the CON-
pletion of the Northern Pacific railroad,
Helena would only be a way station, but
We find instead Of that the city has grown
at tremendous rate and without effort
maintains the position of the first and fore
most city between st. Paul and Portland;
The Great Northern, Northern Pacific and
Utah & Northern now center here, and
there are branches to Butte, Marysville and
Rimini and another road, White Sulphur
Springs d Castle Mountains is question
of only short time. The Union Pacific
contemplates building new line from
Dillon direct to Helena by way of the Jeffer.
center of the state, the capital, commercial
and financial center and is destined to move
steadily forward on the line marked out.
One thing is being agitated at the present
time that will be of great benefit to Mon
tana, and this is the establishment of a
from every county and district in the state.
Such an institution was established in Col
orado in 1884 and proved of immense ad-
vantage. San Francisco also has a similar
neurological exhibit that is credit to any
country. Montana with her rich mines and
this matter: Every mine and district in
the state should be SO represented that
visitors here can readily ascertain the
character of the ores, their value and so
on. The proposition is meeting with favor,
and Helena will probably have at no distant
day one of the finest mineral exhibits in the
world.
Nearly all the speculation the last week
has been in options. Real estate men have
been endeavoring to guess where capital
would next purchase, and then, without
prospective customers, have rushed to
secure time options at any prices. Thus
many acre properties, especially, have been
bonded for much more than their value,
and willing purchasers at fair figures have
thus been driven away and invested their
money in other places.
Several cases are reported where owners,
seeing their mistake, have unsuccessfully
endeavored to break the options they had
given, so that sales could be effected at
lower figures. The moral it that options
should not be taken except at the cash
value of the properties bonded, and should
not be given unless agents give satisfactory
proof that sales will be made.
Wallace d Thornburgh report that they
hNvo a 1isf Of ortu-nouovo No IF ~
that desire to build on the new East Side
addition, and who are waiting to have the
ground sufficiently surveyed to enable them
to choose locations.
It is expected that the work will be suffi-
GENTLY advanced by Tuesday next to show
the property to contemplating builders.
Wallate q Thornburgh have sent east for
two more architects to help meet the de-
mand of builders on this new addition.
They claim that it can now be positively
announced that seventy-five new dwellings,
averaging in cost at least $4,000, will be
erected on the Jockey Corbin tract this
present year.
They have dispatched a buyer to the east
to purchase inside finish and they propose
to build elegant houses on closer margin
than they ever have been built before in the
west.
quire them to purchase over 200 carloads
of lumber and other building materials.
Thus buying such large quantities and for
cash enables them to secure the very lowest
possible prices.
The week just passed has been busy one
with Steele g. Co. Mr.. Steele, who has been
for some weeks on the coast, comes back
with health restored and renewed entensi-
asm for his first love, the queen city of the
mountains. After careful Investigation and
thorough study of the resources of Montana
and Washington, he is willing to bet two to
one on this state, and in this his Judgment
accords with that of all judicious investors
who have given the matter careful thought.
All Helena needs is wise and consistent
advertising. Why cannot the real estate
men join hands to form an entertainment
committee to show strangers attention and
impress them favorably with our city and
it's people? A stranger who comes here and
tails into congenial hands, is shown lit
tie attention and few simple courtesies and
goes away. feeling quite different from the
visitor who is allowed to "rustle." OF
course, when our chamber of commerce gets
settled in their new quarters step will
have been taken to meet the need We now
feel in this direction.
Would it not be capital idea to have a
display room in some part of the city to
which the general public were allowed free
access, where Montana productions could
be exhibited. Here a display of our mining
products and pictures of the many and
various processes of treating ore. This
Feature itself if wisely enlarged upon
would soon acquire national reputation.
Then have pictures of our finest ranches
and of our best horses. There is such
demand for some such exhibit and it could
not fail of excellent results. Then too our
churches want to bestir themselves and put
up some buildings worthy of city whose
boast is continually of its wealth. The
Same may be said of our school buildings.
Wealth, the mere possession of wealth. is
Father cause of shame than of pride If it
fs not placed to beneficial uses.
Matheson Il Co.-So far as we are con-
ferned the business of the week has been
good. Our sales include two houses in the
E3roadwater addition at $1,000 each, 300 feet
In the Northern Pacific addition at $3.50 per
loot, lots in Easterly at $500, 2 lots in
Fox addition at $500 and an acre tract north
20 rush there is a good steady volume of
zeal estate business being transacted and
recent indications are that it will material
u increase as the season advances.
Armltage Piatt report a satisfactory
BUSINESS for the week; made a number of
ko0d sales and have others under way.
Porter, Muth d Cox report the sale of a
lew lots, and state that great many people
Ire looking for homes on the west side.
they are making sales every day, and state
hat more brig deals are now on hand than
yer before, with eastern and Denver cap
talists.
DeLacy, Loeb & Co. report business quiet
int fair. with bright prospects ahead for
Helena.
B. w. s. Folk d Co. have no especial re-
ortt to make this week. Mr.. Folk is of the
piniOn that this is to be the greatest wear
Helena has ever had, both in real estate