The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-01-23


proofs of the stability OF the city OF Butte |
lis furnished by the managers OF these
large mining companies in making IN
vestments in city property that only the
future prosperity and long life of the city
can make profitable. One of the weaithiest
and certainly most progressive managers
in the city Ii said to be the promoter ard
hacker In the construction of mammoth
steel block now in course of erection. a
building which will be good a hundred
years hence. solid brick block would
answer every purpose IL the life of Butte
were TO be only Is or % years, but here a
building is being erected that would b.
credit to any large city. The name Of
another large mine owner Is connected
with an enterprise. the furnishing Of cleo
tric power for Butte, the expenditure OF
several hundred thousands Of dollars.
that must depend entirely on the future
prosperity of the place to make it proiita-
Bile Then again, one of the younger man
ayers of a successful mining company
that owns several properties in the copper
belt has just purchased business poo
erty investment for his mother,
considering that far better than leaning
money at l per cent. per month, as can
readily be done here. The judgment Of
those three prominent mining men, IS
well as that of many other business men.
convinces me that Butte IS d city that
will grow and prosper MANY years TO
| come. Then, too, the Washoe Mining Com
| pany which owns several very valuable
/ copper mines here. has never done any
| work other than in development and X
| ploration of the properties, simply GEL
/ ting them into shape as heavy producers.
| This group, including the Moonlight. Go
| Hill, Poulin. Estell and Pacific is how
/ ever to rival the Anaconda group and
| when the smeters are ready for the treat
/ ment of this ore it is reasonable to sup
/ pose that 1t will employ from soJ to lob
/ more miners than are at present EN-
ployed and the employment of 900 more
| miners means an increase of $500 In he
/ population of Butte. Then, too, 1t is only
| question of short time when the Bur
lington railroad will reach Butte. many
looking for something in that direction
this year.
The School of Mines. just being Gem
! pleted, will add something to the popuia-
ton of Butte These are only few OF
the points upon which / base my Judg-
ment The development of new mines, the
construction of a large ditch from the
| Big Hole river to supply the mills ana
smelters with water. will add largely TO
the pay rolls of the city. When such
ditch is constructed large concentrating
works will be built here, and instead or
shipping a hundred tons of ore to Great
Falls or other points daily. only 20 tons
of concentrates need be shipped, thus
making great saving In frefghts 10
the mining companies.
| am pleased with the climate of Butte.
The winters are delightful; no severe
cold and scarcely any wind. | have Wis
over the property for sale, and must say
that / was surprised at the low prices at
which desirable property can be pur-
chased. / have found that the Cobban
Loan & Realty company have the largest
list of desirable property for sale. They
are one of the oldest firms, having first
engaged in the real estate business in
Butte IA years ago. find that unlike
some of the others, they own a large
amount of real estate and can make oet-
! i11 Iptt
than can be done by those agents selling
only commission. Among the bargains
offered by the Cobban Loan & Realty
company of 80 West Granite ST., Butte.
are the following:
A good lot on West Silver ST., with new
4-room brick and small house on rear of
lot worth reasonably 1.600; only $500;
terms to suit: rents for S26 per month
A good lot on w. Quartz ST., Groom
frame house, $1,000; terms. $500 cash; Lat
ance easy payments; rents for ~.
East side lot. 34x100 new 4-room frame
only $3.50. rents for SIG.
South Main. fine lot average i5xl00 s.
room brick with bath and modern con-
veniences: small house in rear; plenty CT
room for another good brick. worth $50
will sell for $3.50; easy payments; rents
for s37.
South Butte, Utah ave-, fine lot .6Xlo0
Groom house. $3.50.
Wyoming ave, 36x100 broom, $500.
7 California ave, 36x10o new d-room
small house in rear; rents for $50; only
, $3.50.
Oregon ave. 30x10o, 2 rooms, very cheaT
at $780, easy payments.
In business property this firm has q
: very fine list and can offer special bar
=. gains.
AS an investment they offer the follow
I ing for So 600: Two elegant corner lots
cost 81 300, with new 2-story brick three
, compartment house, rooms and batf
: each; also 4-room hous. in rear; will rem
for SIPS to $140 per mo1th. Or the same
: money will buy three lots near Main s..
: with II tenements; renting for over $40
!. per month.
Vacant lots, Cobban addition 5000 cas-,
: | payments. Stevens addition. nice neigh
). borhood. close in, smooth lots, only sec
East side kemper addition. $3.50. Clarl
: addition as low as 500. Valley addition a
: low as 500. An especially cheap lot Is of
fered on S. Main st: only one left out o
a about co. is one of the best and will b
sold at original price, $500. Two Main ST
Ophir addition lots at $500 each.
| find also the Cobban Loan & Reat
). company often accepts work OF variou
D kinds in part payment for property sold
n and that they often exchange properties
/ They also do loaning business. an
they are, in fact all round, reliable, wild
: awake real estate men, and in recon-
. mending the Cobban Loan & Realty com
pany of 80 w. Granite St, Butte, to an
: inauiring friends you will make no mis-
take. Yours. with love- JOHN.