The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1890-06-29
Lively Times Predicted in This City
Before Very Many Days
Pass By.
The Prospects of Helena Becoming
an Educational Center in
the Near Future.
The State of the Trade for Week-seV-
eral Largo Sales-Real Estate
Transfers.

lQoTe 1S no UNUSUAL dCtASAly III ASoA SSS"N>
at the present time. In fact the market is
rater quiet than otherwise. But this Is
only the calm before the lively times that
are to ensue wsthin very short time. SO
confident are dealers that number are
now steady buyers, who are looking tor
ward to great activity in real estate. Ihls
feeling is partly engendered by the fact that
arrangements have been perfected whereby
excursions are to be run into the city from
the south, carrying large number OF cap
italists looking for profitable feldsfor IN
vestment. The company having this mat
ter in charge have had large experience in
the business, and are interested in having
the city properly advertised. The first ex-
cursion will arrive in Helena on the 7th OF
July from Ogden, and others will follow IN
rapid succession from Denver, Salt La Ike
and other points further east.
Nearly all of the men coming in will con-
sist of capitalists, and they will all be pre-
pared to put money into property in this
city. And while there will be no boom,
business will undoubtedly be very active
from now on.
The oldest dealers in the city state that
June is always dull month in Montana,
but this has been better than any for years.
There has been no shrinkage in prices. On
the contrary the inclination is rather to ad-
vance. Property is cheap, however, cheaper
than any town of like resources in the west
ern country.
The Chamber of Commerce is now no
longer an experiment.. 1t is an established
fact. Excellent building sites have been
offered; $4,000, the amount paid in, is now
in bank, drawing sufficient interest to meet
all contingent expenses. The Importance
of this association is just beginning to be
q
and the importance to any section of the
city in which the building is to be erected
is fully appreciated. It is now stated that
bonus Of not less than $4,000 will be
ggfnn By s e Of Il th s asS
itself is to cost $50 900 and every room will
no doubt be rented before it is completed.
It will afford commodious quarters for the
chamber of commerce. mining and real es-
tate exchanges, board of trade, and all sim
liar organizations.
Another thing that will be of great inter-
est is the proposition to establish institu-
tions of learning. A school of mines and
state university are among the numerous
propositions that are being daily discussed
by the people. A mineral palace is some
at NO distant day.
In regard to a water. supply. for the
Prickly Pear valley, it is confidently af-
frmed that It is forthcoming. If it is
found impracticable to get water from the
Missouri river, then it will be taken from
no doubt entertained as to the feasibility
of bringing in water by the Missouri River
Power company. It is said that this
company has enlisted eastern capital in the
out to make a thorough survey of the
ground. The power alone to be
derived from this never failing
source of supply is sufficient
to warrant the construction of dam, not
to speak of the water supply: but if both
this scheme proves successful it will be the
means of adding 10000 to the population of
Helena.
The future never looked so bright as at
the present time. Not only is the capital
city prospering, but every town of any I'M
bilities presented. An era of prosperity is
at hand that will surprise the most enthusi-
astic aud add greatly to the population, the
wealth and Importance of the state.
Another week OF profitable business can
be scored up to the credit of Wallace &
Thornburgh. The following figures tell
the story OF the weeks transactions in their
Office, S35, PSI worth of city lots, $4,000
worth Of acreage and $500 for two houses
total, $65,05O.
Thornburgh were never SO busy as at pres
ent. In addition to three store and Office
buildings on Main street, store building
on Park avenue and numerous dwellings
in other parts of town they now have five
first class dwellings in course of construc-
ton in Lenox and as many more ready to
begin on this week. The increased force
put to work grading streets in Lenox has
advanced that work rapidly in preparation
for the other improvements contemplated,
and before July 18th, Wallace & Thorn.
burgh say, Lenox will be the busiest look
ing spot in this city.
John S. M. Neill says real estate was
never in better condition. The Interior
Immigration association is doing great
work for Helena which will show for itself
in the near future. He believes there
should be established here a school of mines
and state university, and an effort made to
make this the great educational center of
Montana. The Northern Pacific railroad
ought certainly to give the city creditable
depot. At Spokane Falls depot is being
erected at acost of $4,000, while Helena.
which furnishes nearly three times the
amount of traffic as Spokane, must be con-
tent with the apology of depot now here
Helena Is entitled to better treatment than
has been given. Mr.. Neill is in favor of &C
eeptlng the proposition offered the Cham
building site offered is good one and the |
gift generous and worthy of commendation |
but no opera house should be Incorporated |
in the building. 1t should be used exclus |
lively for purposes of trade.
w. E. Cox sold some property in Hotel |
park and looks for lively times the balance
of the season. His fine residence on the
west side is approaching completion, and
when finished will be among the most ele-
CANT in the city.
Mr.. Muth. besides being an active real
estate dealer, is engaged in various enter
prises which will greatly benefit the CITY.
Not the least of these is the Missouri River
Power company. of which he is one of the
prime promoters. In regard to the great
future of Helena Mr.. Muth has no manner
of doubt, and believes projects are now on
foot which will prove of immense import
ance. The market is fair with prices
frmer.
B. WI S. Folk & Co.. have made few
sales and have number of important
deals on hand. Inquiry from abroad is
greater than ever. and the prospects for
big business is very bright.
Wltherbee d Wheeler, believe the pro-
posed excursions will be a good thing for
the city and are heartily in favor of them.
Sales for the week have not been large.
They have number of deals on hand that
ara now subject of negotiation with eastern
parties. Letters are flowing in from the
east asking for information. and the indi-
cations are that great deal of outside
capital will be invested here before snow
flies.
Carl Kleinschmidt SAYS the market is
quiet, with good prospects ahead. No
property is being sacrificed and there are
no snaps offered.