The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1893-07-29
OPINIONS OF FINANCE.
business Men with Varying Opinions as 20
TIC (nnsrs IL. TN. g. ..i.-.a

business Wen With Varying Opinions no 60
me Causes % the scarcity OF Money.
IT louis, July 2l.-A daily paper
Which has already made Itself a rem
tati"n for The Wholesale interviewing
turned loose a corps of reporters the
otncr cay with view to getting The
opinions OF the business men of st
LOUIS as TO the cause of the financial
suppression. n only one detail was
mere mum unanimiiy of opinion.
MOST OF those in erviewcd said Tint
mere was very much less siringency
IMAM generally reported and that there
was no falling off in their business
Ictu!h, az all commensurate with the
pessihistc utterances OF public men.
several representative business houses
reported slight increase in receipts
Tor June over June of 1892, and very
leW spoke OF any falling Off. The
general opinion was that the worst
naa oeen seen and that money would
soon become plentiful in the market.
Inc views on the silver question are
very diverse, although OF tile gentle
men intervie we'd quite majority ridi-
euled Tree silver rs u panacea for finan-
cial ills
Right on the heels OF these sanpuine
expressions comes the report of the re.
corder of deeds moving an increase of
| over $50, olU in the consideration money
IN real estate deals recorded last week
MS compared with the second or indeed
any week in July of ls92. The figures
are quite a surprise, but afford much
qualification in real estate circles.
Work on the large buildings in the
city continues rapidly ana neither the
building nor the real estate interests
are depressed, as they should be if
hnanclal experts are correct in their
sunmar' es OF the 81 uation generally.
Ihere was great sensation on Sat
ltrday when IL was reported that the
secretary OF five large building ASSOC
cations and a real estate operator on
a large scale had been detected in en-
peHzlement II not forgery. and that he
had ski ped the town. The latter por-
on OF the re- ort was premature, as
he spent the lowing day at his own
pom2 What the final outcome will
he OF the numerous situations now
being had into his accounts and buSi-
ness methods is not known. but il has
transpired that he has been borrowing
money for some time at HIGH
rate OF interest from the same shylOtk
Wh0sc eNOrbitant rates of intcr-
CT expedited the ruin and suicide OF
the lake assistant city treasurer. The
andaI IN question has done good
rather than otherwise. for it has led
( 10 Il series Of inquiries beng mad,
which ha, espltcd in proving the
solid y and strength of he numerous
building rs ociatiQns OF the city.
The street car returns for the second
quarter of 1923 show the great popu-
larity OF electric roads. The total
mum or of passengers carried 10 the
city during the three months was -,
lS6.74j, with receipts in excess of
Sl.Or0,o0. The quarterly totals are
Increasing ran Y and are now almost
aS large a. we're The annual returns in
the old days OF horse ears The Mis-
souri, or Olive street road carried moro
than i,Ool, 90 passengers, and every
road with a down town terminus car.
ried more than a million.
Ii is announced semi-otiicially that
the new Mon de OF viii be finally
finished this coming winter About
400 men are now working on the struct-
ure which appears To be nearly com
pletcd The bulk of the work now to
be done is in the approach and the
track and switch LAYING. together
with inside finishing of the depot
buildings proper work on the roof
ot the sheds with Their enormous span
is very difficult in the hot sun, but
fortunately great pr gress was ma C
on this during the spring and the inn
mensc area and even acreage OF glass
i, we'll nigh complete