The newspapers in the late 1800s often had national and international news on the front page along with occasional poems, stories, and advertisements. But further into the paper there were columns containing random bits of information on local matters. What follows is just such a column.
Not only do we get a sense of what Christmas celebrations were like in Fort Collins back in 1878 (There was apparently a fair amount of alcohol involved.), but there are a few other interesting tidbits strewn in here as well regarding a new school building and new tenants in the old school building.
You also might note that advertisements were included right in among news items… much like Google Adwords or embedded ads on Facebook today.