The weekly tribune. [volume] (Great Falls, Mont.) 1891-1894, 1892-01-23
REAL ESTATE
Market Quiet hut Prices Firm
Prospects Bright tor the Com.
ing Months.
Neiliart and BARKER as - Stranger
Views Them ,;rucral Mining
Notes.

AS is the case in all branches Of trade
Immediately after the holidays, the past
week has been Il quiet n in the real cs-
tate market. There are 40 largo deals
reported. The sai"o the Collins II Phil
lips block. reported last week. has been
brought to q successful close. This deal
may be looked upon rs one of the best
for both parties that has been made for
some time. The sellers get Il good fair
price for incir property, making It fair
profit On the original investment. while
the buyers get Il property that i, not
only
BOUND re RISE
in value. but is paying Il good interest III
The way Of rent. In fact. both seller and
buyer can he congratulated. The price
quoted may he looked upon as a guagc
by which to measure the value of other
property on Central avenue. 1t indicates
that values are steadily increasing. and
that of itself is an excellent fcaturc. 1t
might perhaps he expected IN Il city as
young as Great Falls. but it requires
only a slight exercise Of memory to re
call a dozen towns which. starting with
the most brilliant prospects, have flat.
tened out and brought sorrow and loss to
investors by the steady decline Of prop
erty values. y town that can show a
steady growth and a
STEADY INCREASE
in real estate values year after year al
WAYS attracts the investor for there he
secs IA sure return for his money. As
Great Fails can show this, and IN addi-
ton can show all untold wealth OF undo
vclOped resources, Il is sat" 10 say that
there is no city ia the northwest where
real estate is a mor certainly proiitabic
Investment. In spite Of the fact that
the second week III January Is not the
best time Of the year to sell real estate
there has been Il good deal of inquiry
and a few small sales. Residence prop
crty is in fair demand. 1t Is
too early for any activity TO he manifest
ed. but
PRICE GEMAiN FIRM
and good offers are snapped up without
any hesitation. Real estate dealers firm
ly concur in the opinion that the market
is all that could be expected for the sea
son if not a little better than usual, and
regard the prospects as exceptionally
GOOD. OF course this feeling is due
largely to the prospective opening OF the
Boston e Montana smelter which will
bring hundreds of new people to Great
Falls people who will make good wages
and will want to buy a home.
There has bccn considerable activity
during the last few weeks in the Boston
a. Great Falls Land CompanyIs addition.
I he has. since December !, sold
$4,000 worth of lots. They have built
a number of houses which are being
finished rapidly and are taken up as
fast as they leave the carpenters hands.
The cnterprising agent OF the a'initioh'
| Henry Prcntiss, Jr., is
AN ~ENTliuSIAST
on the subject Of Great Fails and her re
sources. Yesterday. in conversation with
il representative of the TEIBrNE. he en-
pressed himself as firm in the belief that
here is to he IA great city. "Ihe Al
| mighty could not tell Great Falls her oc-
cupation more plainly" said Mr.. Prem
tiss, ''wcrc He to write it in letters OF fife
on the sky or articulate it from the
clouds, than He has done by the marvc-
lJus combination Of natural resources
which lie has place at her door. BY the
mighty power of the Missouri; by the
u~nexhaustablc coal measures near at
hand: by the rich and innumerable de
posits of ore in the surrounding noun.
tains. the unmistaKable message Of
Great Falls is
sMEIT. SMEIT, SMELT'
| Smclt on a scale commensurate WIN
the vast quantities of ore. The I'M
rivallcd resources of Great Falls are
surely prophetic Of the coming greatness
of the city and Of her national lmpor
lance AS the scat of the largest smelling
works in the country. 1t does not re
auirc any stretch of imagination TO see
in the near future, the banks OF me
| Missouri lined with smclters from iho
Black Eagle fells to the Rainbow ia'iS'