The farmers' union. (Memphis, Mo.) 1891-1895, 1893-06-29
THE FINANCIAL SITUATION.
How ST. Louis Ranks Regard the WV
look-lIeavy Travel to the AIT


look-ueavy Travel to the fahr'
Sr Io,-1s .luuc a3.-Thc financial
situation is giving very little anxiety
here. All the banks are reporte" ~
best possible shape and although Oh
course there i more {, il>rrvati m than
usual in regard to di>rouniinE paper
there is plenty of money for ali ieei.'-
mate enterprises. On the keai f.s'a'o
Exchange. money is offered every DAY
on realty lands and the rate OF interest,"
cont nue> to be but ii nominal frat'iou
in excess OF Il per cent, Win tnS'
figure exactly for the best loans Inc
real-estate market is not quite 81
active as at this time last year though
the returns are much higher than
those of 1891. The building enter
prise. which has been conspicuous
feature of the city during the last
three years, is more marked than ever
this summer. The frontage covered
with new buildings during the past
three years exceeds in the aggregate
100 miles in length. and AT the present
rate OF building the total for this year
, alone will be considerably over forty
five miles.
The railroad travel between 81.
Louis and Chicago since the opening
of the World Fair has been Ivy fart the
! largest on record. The five railroads
running day and night trains between
this city and the home Of the Worlds
! Fair have been compelled to put en-
| extra sleeper> and other coaches and
| even TO run their trains III sections.
| This is partly the result of the very
| large number of people living i'll Mis-
souri, who are visiting the Fair, not
once but frequently. At the same
time quite a ma iority of the Increased
traffic is made up 10y visitors and tour
| lists from distant States The rail-
roads have granted II. Louis proper
Tomato rates from all points with re-
auctions similar To those given the
City of the Worlds Fair. and hence
there is 4 great deal of travel from all
points through -. Louis. tourists pur-
| chasing tickets to this point ana avail
! ing themselves of the low excursion
rates which prevail for the ride across
! the State of Illinois.
| Quite an excursion party occupied a
special car on the first run made Ivy
the new fast mail North last sunday
morning. 81 Louis has had the benefit
of the fast mail service west and south
west for several years. tut Untll this
week there has been no early morning
newspaper and mail train To Northern
M1SSouFl. iowa. -\tpfaSkd ana llitUclS
points The train makes very fast
time as well AS close connection with
a number of roads ut various points.
and it is expected the influence on the
jobbing trade will be very marked.
Lieutenant Colonel Hatdorf has
been elected Colonel of the First ReS-
ment of the Missouri Militia. Col.
Wetmore. the retiring Colonel. was
compelled to resign in ,onse .iuence Of
business engagements. and he is sue
.cccdcd hv an officer who has SER Cd
since the time of the Southwestern
strike. He was Lieutenant Colon
of the Fifth Provisional Regiment OF
! Missouri which tCols part in the
Worlds Fair deditation proceedings at
jackson Park last iall.
!. Bicycle riding is becoming SO com
mon and popular in the city that it is
proposed to csta blish bicycle stables
in the down-t town district in order to
accommodate the thousands of CLERKS
and others who ride to and from bust
. ness on their wheels daily. The
wheelmen of st. Louis are strong bc-
levers in the value of cooperation.
!. Shortly before the last municipal cleo
. ton they formed committees to wait
, upon the various mayoralty candidates
from whom they obtained promises
which have resulted in the principal
asphalt streets being left unsprinkied
, morning and evening for their benefit.