The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1890-06-08
REAL ESTATE IN HELENA |!
~. Missouri Water Power Project
and the Railroad to the
Castle Mines.
1r.+.r;a1 for a New Electric Rail-
way to be Ordered
This Week.

scboo, Houses and Other Needed Inn
rov.ments-The Real Estate Mar
ket-Transfers, Etc.
There is no material change in the real
estate market. The outlook Is cheerful and
hundreds of letters are being received daily
bv the real estate dealers IN TINS city. All
.hasa inoniries are from men of means who
contemplate visiting Helena during the
summer. and if one-quarter of those invest
their money here who contemplate doing
ca LARGE amount of city realty will change
hands durine the season. Among the i'm
movements noted are the building Of three
Granite blocks ON Main street, which are
now wel, under way. The National Bank
~ Heena contemplates the building OF q
sevan-story structure that will be credit
~ tha c;tv, Henry Semple Ames, o. St.
T,,nis who owns as much real estate in this
vicinity AS any one man, is here, and in
tends ordering the construction OF sub
etantial building on Helena avenue imme-
diately. Besides these many fine residences
are going hnppareds IN of a oottag es's The
electric line from Sixth avenue to the
Broadwater. hotel is pronounced success
and the substitution of electricity on the
Main street horse car lines and the steam
motor is only question of a short time.
The greatest project on foot for the bene-
fit of Helena is probably the Missouri
River Power Company. IT mas been zee M found
RI river about twelve miles from this city,
to generate an enormous amount OF power.
This can be carried to Helena and used to
RIM all the street cars and machinery that
will be needed for many years. The com
pany having the matter IN charge IS quietly
but earnestly at work and That It Will make
a success of the enterprise is quite certain.
This matter is of much greater Importance
than most people have any idea: 1t is of
very great importance and should have the
support of every we'll wisher of the capital
city. It is the only practical means of
making Helena manufacturing as we'll as
mining and commercial center.
building of railroad to Castle. If the
Northern Pacific company refuses to enter
into the scheme, which is not probable,
then the people of Helena will build road
Of it's own. Whether this is to be direct
from this city by way of Magpie or Oonfed-
crate gulch, or from Townsend on the Mis-
souri, river. is a matter for determination.
Townsend seems to have the preference,
but if the Northern Pacific company should
refuse to lend it's aid, then the people OF
Helena should build a road direct to White
Sulphur Springs and Castle by way of Can
Won Ferry, which is pronounced entirely
feasible. In any event the road is bound tc
be built and will no doubt be completed
this summer.
In the way of local improvements addi-
tional school houses are needed and il
would be we'll to take steps towards provid
ing public park. Such an institution re
quires time to beautify and adorn witt
trees and shrubbery. The matter should
not be kept longer in allegiance if there ar
ties to provide such an institution. Tn
ci.s;zana should urge the city council to tax
immediate action. There seems to be n
necessity for delay.
Wallace fl Thornburgh report that rea
estate and loan business has been unusu
several large sales that will be reported
later. Have sold several dwellings ane
contracted for others. Grading of street
of Lenox d Corbin addition have been con
tracted for and work will commence il
earnest on Monday. Much of this wor
would have been done before only the Cor
bin plat was not obtained from the count
commissioners until yesterday.
The material for the electric line will b
ordered on Monday and grading for th
road commenced at the same time.
At least eighteen dwellings will be CON
menced next week.
One of our real estate firms complains c
the treatment large outside investors Il
COVE from many investors. They say tina
the general effort seems to be to place OF
stacles in the way of their building or NAL
ing improvements. It is reported also til,
some of our prominent real estate men wei
interested in the recent effort to cloud til
title of our city property by purchaser
quit claims on lands that were acquired /
scrip. Later reports say that the san
parties are trying to work mischief in 9th
similar ways. There is no use in trying
raise money to advertise our city viii
there are such men in our midst trying
ruin our titles. Our Chamber of CONNER
and Board of Trade should take a decide
stand against lot jumpers and land stealel
Great effort should be made to enterta
visiting capitalists. Many are to visit Q
city during the summer and they should
welcomed and made comfortable. The
should be good active and efficient emit
tainment committee chosen from each
our city organizations and plenty of mea
furnished them to give every investor
to places where they have enjoyed the
selves and it is easy to induce them
leave their treasure where they become
terested and feel they have friends.
Steele d Co. report fair business ana
few good sales. Buyers are plenty. but
all looking for snaps. In fact, they
trying to bear the market, but the bu
seem to have it and prices are very st
with an upward tendency.
John s. M. aNeill says the real estate by
ness is very good. Besides actual 60
made, he is paving the way for large tr
sactions in the near future. The cltlz
of Helena have subscribed nearly $500,
to the Castle railway project, and have Il
shown comm endable spirit of enterpr
But it is fact, nevertheless, that many
the leading capitalists took no interest
the matter whatever. The people of Hell
accomplish whatever they undertake, !
withstanding more or less dissention,
If they all pulled together they might
complish much more. Butte Is MAKING
effort to be the railroad center, and Hell
needs to bestir herself and look alive II
does not wish to be left in the lurch.
Missouri River Power company Is worth.
substantial aid, and should receive 1t.
believes the city should build q fine cen
school building this year, and then takt
the ward school question afterwards
add new buildings yearly. The buildln
the Castle railway, Mr.. Neill says, will
1900 to our population, and the com
ton OF the water power project lO,OOO m
The people of Helena have done q &
deal for the Northern Pacific, and it w
be commendable on the part of the
pany to give us good depot.
Wltherbee Il Wheeler saw the real oS