The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1892-03-17
CAPITAL FOR MONTANA.
Plenty Of It in New York for In
vestment in Enterprises in
This State.
Prominent Financiers Stand Ready
to Aid in tho Development
Of Our Resources.
n. A. Harlow Returns From New York
and Talks Interestingly of the Meme
tary Situation.

r. A. Harlow returned yesterday from
New York, where he spent the winter in the
interest OF several enterprises that look to
The upbuilding, not only of Helena in par
tioular, but of the state as h whole. lie. de-
voted the most of his time to Wall street,
and the financial %eenters, and he ia greatly
pleased with the high standing Montana
enjoys among the big capitalists. Hetound
also, thai two Montana men. s. L. Hauser.
and G. A. BroadwAter, stand As high and
their opinions receive ~ much consiuera~
ton as do those of any two men IN the
northwest. Talking OF his trip last nlghs'
he said: "What struck me particularly Was
thu change in the money market as conf
pared with eighteen months ago. Then the
strong boxes were not only locked, but
their ovnera seemed determined to keep
than closed, and would not listen to any
thing that looked to The Investment Of
large sums of money. Now the bolts have
been drawn, and the mon OF money
are ready TO invest in any en-
t~erprise that gives promise Of being q pay
ms one. Montana is we'll and favorably
known down there. | found that some Of
tho heaviest fnancicrs are largely inter
ested in realty in this state. which they re-
gard as the most promising IN tns TT
northwest, both as lcgarus natural a.
sources and as Offering favorable emporium
ities for this Investment Of capital in indus
trial ENTERPRISES. This state has needed III
New York for several years . sort 81 a
clearing house, where those who had an
idea Of investing in Montana could 60 and
l.A .~1sohta ,rFrrroS kinu md fhFnnph
which Montana men desiring to enlist cap
ital could reach those who handle II with
out. great loss Of time and heavy expense.
While in New York I met +. r. Wallace,
and after thoroughly canvassinR she sltua-
ton We determined to establish offices at
81 and 8 Wall street. Mr.. Wallace has
his friends among investors and l have
mine. We are in q position where, If an
enterprise is Brought to us that is feasible
and looks Profitable, we can secure the
capital to Put it through. We
feel sure the project is one
that will aid materially in bringing
Montana to tho notice of investors
and Mt the same time enable Montana mon
OF push and enterprise, but who lack largo
capital to get it and develop the yarled re-
sources of she state. For irrigation and
other kindred nte prises We can secure
ample capital whore the outlooki is favorable.
MI. Wallace will spend about half Of his
time at the Now York office, and ! will put
in six months Of tho year there. ! have r.
turned prepared to make a proposition
looking to the building Of q road to Castle.
will incorrorate q company Just as soon
az | c II get around to il. I understand
there nre one or two other propositions
looking to thu same end, and so you $50 IN
case ons shonll fall through, there would
be smother left, ind the road be su Q to be
built"
Asked az to the status of the Montana
club lease, Mr.. Harlow said that Gov.
Hauser and the owner Of the lease had had
several consultations concerning the matter
and he expected an early and satisfactory
settlement of the question.
When MIR. Harlow went east he took some
Irish potatoes from the Prickly Pear valley.
These he placed in a show window in Chi
cago with a sign telling where they came
from. They attracted a great deal of at
%tsntion. and one gentleman who lives in
Michigan has written him asking fer soma
of this seed. The grower says it is not ths
seea but the climate which produces the
faultless tubers.