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The River Press Publishing Co. Stock Certificates, Fort Benton, Montana [165343]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Industrial Start Price:10.00 USD Estimated At:400.00 - 800.00 USD
The River Press Publishing Co. Stock Certificates, Fort Benton, Montana [165343]
SOLD
160.00USDto w**********e+ buyer's premium (40.00)
This item SOLD at 2023 May 14 @ 11:16UTC-7 : PDT/MST
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Lot of 18 issued stocks, 1882-1904. Three are signed by TC Power as vice president. TC Power was a military and Indian trader at Fort Benton. He was also involved in transportation, mining, ranching, banking, and real estate in Montana. Additionally, he was a U.S. Senator from Montana from 1890 to 1895. Red and blue print and borders on white paper. Pen cancelled.

On October 27, 1880, the first issue of the River Press was produced in an old adobe cabin in Fort Benton, Montana, under the management of James E. Stevens, H.C. Williams, and Thomas D. Wright. In the first issue of the River Press, the owners lauded its "typographical execution and general appearance," comparing it to much larger newspapers in the West. The Republican Party in Helena and Fort Benton provided financial backing for the fledgling newspaper since the partners only had $50 collectively. Beginning on June 6, 1882, the River Press began publishing a daily. In 1881, Jeremiah Collins, a new arrival to Fort Benton had bought a share in the newspaper which he incorporated in August of 1882. In 1885, Collins became one of the founding members of the Montana Press Association, and in 1887 he left the River Press to start the Great Falls Tribune. A dispute between the new owner, William H. Todd, and T.C. Power, one of Fort Benton's most successful capitalists, led to Power removing his advertising from the River Press and starting a rival paper, the Fort Benton Review. Shortly thereafter, Todd sold out to Power, but for a time the tiny town of Fort Benton supported two dailies, the Record and the River Press. The Daily River Press ceased publication at the end of 1919

Date: 1880s-1904
Country (if not USA):
State: Montana
City: Fort Benton
Provenance: Stuart Mackenzie Montana Ephemera Collection