The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1891-05-27
The Basis Of Wealth,


Jacob Astor laid the foundation
of the fortune which to-day ex-
ceeds that of any other in the
United States. He realized that
the little city on Manhattan Island
would one day be great place,
and all the surplus money he be-
came possessed of was put into
real property. This policy the
Astor family has pursued down
to the present time, and it is esti-
mated that the income of the
family every day in the year from
it's real estate investments is
$1,000. The Astors, while pur-
chasing inside property whenever
it is desirable, do not by any
means confine themselves to that
class Of investment. Only year
ago a purchase of property, a
long distance from the city prop
er, was made for something like
$2,ooo,ooo. Some improvements
have since been undertaken, and
it is estimated that to-day it is
worth $3,ooo,ooo.
Did the original John Jacob
Astor live to-day, and visit Hell
ena, he would undoubtedly take
the opportunity now offered to
make investments in real estate
in the Capital City. Bargains in
real property can be had just now
which in a month, when the build
ing boom fairly starts, will be
out of the question. We have
now on our books a larger list Of
property for sale than any other
firm Of real estate dealers in Hell
ena, and there are in the list a
great number of bargains-prop-
critics, which, if purchased now,
will as surely increase in value a.
the city is to grow, and to the Hell,
ena Astor there are investment.
which will pay a handsome in
tcrest.
Hundreds of men in Helen:
are to-day paying rent who, by a
little exertion and forethought
could own house OF their own
pleasantly and Conveniently To-
Gated. 1t is not too late, how.
ever, to make start in this di
ton, and just now we are pre-
pared to offer a number of de.
cided bargains In this line. To
the man OF moderate means we
say come and see us, and if you
have any snap or vim in your
makeup, inside of sixty days you
will be paying for a house of your
own, instead of adding to the in
come of the Astors. Men OF
larger means, who desire fin
ished house, and do not care tc
have the bother of building, will
find on our lists some very de-
sirable and elegant residences,
modernly built, ready for occu-
pancy, and which will be sold on
easy terms.
There comes a time in the
career of almost every person,
when, owing TO some unforeseen
circumstance, sickness or death,
the chance to make good in
vestment, or the desire to I'M
prove his or her home, it is nee
essary to become borrower.
Under such circumstances it is
not necessary for the man or
woman who owns real estate to
pay exorbitant rates of interest
We are the Helena agents of the
arvis-Conklin Mortgage Trust
Co., which has capital of mil
lion and a half dollars, and are
always ready to accommodate
those who need financial assist
hnce. We have loaned money
On Helena real estate all during
he winter, and will continue to
DO it, at the lowest rate of inter
fst. Borrowers are given every
advantage consistent with sound
business principles.
Conveniently located on the
ground floor of the Bailey block,
With commodious offices, cor
lial invitation is extended to vis-
tors to call and look over our
lists. All the information in our
possession in regard to the city
md state is at the disposal of
hose unacquainted with Helena
md her resources. A like cor
ial invitation is extended to those
esidents of the city who desire
o invest for speculation, to build
ZONES, or obtain loans on real
state.