The weekly tribune. [volume] (Great Falls, Mont.) 1891-1894, 1892-01-30
REAL ESTATE.
The Prices Of Great Falls Real Is
tate and Their Justiti-
cation.
Some Big Deals Contemplated New
buildings Planned Sand
COulee Mines.

For this season OF the year there is I'M
usual inquiry about real estate, and the
dealers in dirt report as much activity as
could be expected. Several sales were
made during the past week, but none of
them for large amounts. The TRIBUNE
has been advised Of several options taken
on inside improved property, and that
there is "a prospect of some big sales at
fancy figures within the next few days.
So far as the state of the market goes it
may be said there is an upward tendency
all along the line. Prices are not only
firm but are advancing, and the indica-
tons are that property bought now will
bring a handsome profit in three months.
There is no better or safer realty invest
ment in the country.
But. says the timid and doubling indi-
vidual, property in Great Falls is already
50 high! But is it? Has this person
stopped to think that 800 IA front foot
is the highest price yet paid for uhim-
proved property in Great Falls, and this
only for one or two choice %corners? Does
he know that desirable business proper
ty on Central avenue within three blocks
of the Park hotel can he bought for $500
IA front foot: Whether he does or not it
is true, and it is likewise true that in
Helena, Spokane, Seattle and Tacoma
three times this price has been paid for
property pot more favorably located. Why,
then. shall it be said that Great Falls
realty is too high: DO not believe it for
a moment. The far-seeing capitalists of
Boston, New York ana other financial
~centers who are making liberal invest
mcnts here do not look at it in that
light and they will profit largely by their
faith in the industrial city.
All agree that this will be a red-lcttcr
year for Great Fails. Within two
months the great Boston 4 Montana
smelter. which will give permanent en-
ployment to 800 men, will be in opera
ton. This plant. which is one Of the
most complete in the world, has cost
about S2,WDO.0O0. and the wheels will
hardly begin turning before work will
commence on an extension Of the same
that will just double its capacity. The
same company has now 100000 in its
treasury raised for the purpose Of con-
structing q refinery here, and work on
this most important enterprise will begin
in a few weeks. In addition to these
great industries the Butte 4 Boston com
p&ny will begin their new smelter the
present year. and there is strong likell-
hoOd that the Parrot com
pany will build their new
works at this point. The TRmrNE has
frequently referred 20 the probability
that the Anaconda refinery will come 10
this city, and the fact that six cq.s Of
Belt creek Goa were sent to Anaconda
yesterday to be tested goes to show that
there Is something more than mere ri
NOR in all ihis talk. in fact the coming
Of thc Anaconda refinery may be pat
down now u one Of .uc ccrlniutlos. Bat
these are only thc big enterprises i'm
/ sight, Others requiring less caui,a., but
Ut no little Importance are assured Tor
this year. One Of these ia an Immense
Touring mill and elevator The surplus
Of $1,000 bushels Of wheat in this region
over and above what the Cataract mill
Gan make into tiuur. demands IT. anu the