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The Tribune
Great Falls, Cascade County, Montana
What is this article about?
Great Falls experiences building boom with smelter, dam, railroads, residences, and depot construction; sound economic progress. Specific deals include Gibson block contract ($18,000), island sale ($4,000), lot sale ($5,000), and multiple townsites sales totaling over $8,000.
Merged-components note: Sequential reading orders 24-25 continue as a single local news piece on building progress and real estate transactions in Great Falls.
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The season has opened at Great Falls with a regular building boom. On all sides there are signs of progress. The construction of the great Boston & Montana copper smelter and of the dam across the Missouri is accompanied by the building of the railroad to Canada and the double track railroad to the smelter. Massive blocks are going up in the business districts. Fine residences are being built in large number on the north and south sides, as well as in the additions. Large alterations are being made in stores in order to make more room for goods. The union railroad depot will soon be under way and will add greatly to the general appearance of the city, whose future is now assured. In addition to these buildings are many which are projected and will soon be commenced, both in town and in the additions. All this progress is sound. It is not speculative nor based on a boom, but on sound business principles and will confer lasting benefits.
BUILDINGS AND REALTY.
William Roberts Takes the Contract For the Gibson Block,
Phil Gibson has accepted the offer of William Roberts to build the Gibson block on First avenue South for $18,000. Mr. Roberts will do the work with his customary ability and promptitude.
E. B. Largent has sold an interest in the island which he owned in the Missouri, above town, to H. O. Chowen, Dr. Gordon, Dr. Crutcher and E. S. McCord. He retains one-fifth interest. The consideration for the other four-fifths is $4,000. The island has an area of 50 acres.
The hill near the high school is being peopled rapidly. The new dwellings are spacious and elegant.
Capt. Hoyt has sold to Messrs. Dickerman, Webster and Crutcher a lot at the corner of First avenue north and Third street for $5,000. This is one of several valuable lots owned by the captain. Four or five years ago, when stationed in Montana, he invested $1,000 in Great Falls, and his property here is worth today $25,000. At that early day he made up his mind that Great Falls would be an important city. Meeting Mr. Paris Gibson one day the captain handed him a check for $1,000 with the injunction to invest it for him in Great Falls to the best possible advantage. He did not see his lots until a long time after, but he was lucky to entrust the matter at that time to Mr. Gibson's good judgment. Capt. Hoyt is now stationed at Jefferson Barracks, Mo., but he is likely to visit Great Falls before long
Townsite company's sales to date: W. R. McCumber, lot 12, block 496, $300; R. Blankenbaker, lot 2, block 448, $800; A. Thisted, lot 12, block 75, $1,100; W. Brown, lot 1, block 409, $1,500; Maurice S. Parker, lot 3, block 148, $800; lot 3, block 424, $800; lot 3, block 460, $600; Helen Downing, lot 7, block 256, $1,800; S. L. Dunham, lot 4, block 240, $800.
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Where did it happen?
Domestic News Details
Primary Location
Great Falls
Key Persons
Outcome
gibson block contract for $18,000; island interest sale for $4,000 (50 acres); lot sale for $5,000; townsites sales totaling amounts including $300, $800, $1,100, $1,500, $800, $800, $600, $1,800, $800; capt. hoyt's investment grew from $1,000 to $25,000.
Event Details
Building boom in Great Falls includes construction of Boston & Montana copper smelter, dam across Missouri, railroad to Canada, double track to smelter, business blocks, residences, store alterations, union railroad depot; many more projected. Sound progress based on business principles. William Roberts contracted for Gibson block on First avenue South for $18,000. E. B. Largent sold four-fifths interest in 50-acre Missouri island to H. O. Chowen, Dr. Gordon, Dr. Crutcher, E. S. McCord for $4,000. Hill near high school rapidly developed with spacious elegant dwellings. Capt. Hoyt sold lot at First avenue north and Third street to Dickerman, Webster, Crutcher for $5,000; his property worth $25,000 from $1,000 investment via Paris Gibson. Townsite company sales: W. R. McCumber lot 12 block 496 $300; R. Blankenbaker lot 2 block 448 $800; A. Thisted lot 12 block 75 $1,100; W. Brown lot 1 block 409 $1,500; Maurice S. Parker lots 3 block 148 $800, 3 block 424 $800, 3 block 460 $600; Helen Downing lot 7 block 256 $1,800; S. L. Dunham lot 4 block 240 $800.