The weekly tribune. [volume] (Great Falls, Mont.) 1891-1894, 1892-01-16
Fancy Prices Paid For Lots in the
Central Portion of the
City.
Great Demand For Real Estate
Predicted Upon a Substan-
tlal Basis.
The Mining Prospects at Neihart-
Shipments Of High Grade
Ore. Etc.

- ''>i
OF increased interest and activity in
Great Falls realty affairs. The Town
site company and all our real estate men
agree in saying there are more injuries
from prospective investors than ever be.
fore in the history of the city and they
are a unit in the opinion hat a period
of great activity is near at hand. Dur
ing the past ten days several important
sales have been made, notable among
which is the transfer of the Collins Phil
lipps block or Central avenue to Boston
parties for a consideration of $4,000.
This property includes fifty feet front,
and in the way Of improvements a two
story brick block. The location is a
choice one but the property certainly
brought a fancy figure. Boston parties
have also bought twenty five feet front
[one-half a lott on First avenue south, on
which stands a one-story frame struc-
ture, for $1,000. These are top prices
and among other things they show there
is hardly a limit 10 the confidence Cit
zens of the Hub" have In Montana's in
dustrial city. The evidence of this fact
Is shown on every hand in the b. 4 NJ,
smelter. IN the electric light plant, III the
electric railway, In several fine brick
blocks, as well as in other lincs of in
yestment. And the influx Of capital
from Boston and other financial %certors
has only begun.
Tho Roatap G. N.,t,o, ,,.li,. u:lI
begin turning ont copper matte not
later than March l, Which means hat at
t rat date the company viii have IA pay
roll Of 800 men. Whet we say the
smelter will be completed We mean By
this the first section Of that great plant.
Work on the second section will begin rs
o 10 as the first is completed and in an.
other yeor the employees will number
LOCO men. At a meeting of the stock
holders recently held in Butte a loan OF
100000 was authorized for the purpose
OF building a refinery at this place and
work on this immense plant will begin
as early in the spring as possible. 1t will
be the largest and most complete electro
lytic plant in the world. ii is needless
to say that these gigantic operations and
improvements mean increased pOpuia-
ti'u, ouoiboso anu pIOSpcIIty loT bTcdt
Falls.
But even these are not all the the
great things in store for the Cataract
City this season. 1t is now we'll under
stood that the Butte & Boston company
will begin work on their new smelter
early this year and the TRIBUNE is able
to say on the dead quiet that another
big copper smelter will be located here
and that urrnnunn,nnfC T., t1,f n,al ,r,
going forward as rapidly as possible.
The definite announcement will be a
pleasant surprise to every reader of this
paper.
AS an evidence Of their faith in the
city ana Of the demand there will be for
homes for the army of workmen and 9th
ers, one firm in this city has organized a
building company that will erect
one hundred residences as early in the
spring as possible. 1t is fully within the
line Of safety to say that 800 homes will
be built and occupied in Great Falls
during the year 1892. No other city in
the northwest will make such progress,
and under such an impetus it is not
necessary to say that realty will be in
active demand. Whatever people may
say Of present prices they will be several
points higher three months hence. The
mora! is: If Won would make handsome
profits. invest now.
In order to sound the different real
estate men of Great Falls ON the present
condition of the realty market and to
Obtain their ideas AS to its futur, ASPECT.
a THrnrNr rcportcr YESTERDAY called ON :,
majority of the citizens Of the city who
are engaged in that business. The re-.
suit of the various interviews obtained is
g;yon below II will bn soon thny ali
agree that botb imnrovch and unim.
proved property are today a better pnr
t tha onm ' Thov sav that tho
notable improvements made during the
past year in the line Of office
and store buildings n the vast sums
nant 81 MAJ thot .n,rntn, E, Il
spend this wear speak conclusiyely of
the city's future and in language strong
er than words can express. emphasizes
the faith OF eastern capitalists in the
owns stability and prosperity. Times