The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1893-06-06
SETTLING ITS BILLS.
The Worlds Fair Com PAM Gtvlng on
tractors 47bO OOO = Mouth.

The Worlds Fair Company Giving Con-
tractors 1850 900 = Mouth.
CHICAGO, June h-Trsasursr Seshsrgcr 10
paying of the debts OF the exposition COM
pany At tho rate Of $2b. 900 a day. and this
In spite OF all the Disadvantages that at-
tended the inaugural month Of tho exposi-
tion. When tho fair opened the company
owed the contractors nearly $4,000 600 for
to reduce the indebtedness to any apprecia-
BILE extent. ~ his balance IN the bank on
May l was only about $4,000.
Tho early days OF tho month were nos
favorable to settlements with contractors.
The weather was bad. tho attendance was
light, concessionaircs were running tae'f
places at a loss and. worst OF all. the fo;ce
Of employees At the park could mes be re-
ducsd. The roadways were uritnished.
hundreds OF men were needed In she land
ssape department. TO beautify the park. and
long trainloads of exhibits remained to oe
removed to the buildings and put in place.
In spite of all these disoouraginR condt-
tions, however. sesbsrger kept the creditors
of the Exposition company In a good
humor. He told them tbs clouds would
soon roll away. md that once tho turnstilcs
were started cur eney would pour into his
Office from every direction. The clouds
rolled away as predicted. and oefo,s ;ne
"kuOl0 vi - iohsA ~ -
ing 5000 a day above the amount
needed to meet the daily payroll.
Pleasant days Brought increased attend
ance to the fair. aud aow the de6t 10
being reduced Mt tho rate OF $7bO,Oou q
month. The cash returns from the turn
stiles and conoeSsionaires arc mace 20 ~.
ularly that Seebergcr feels warranted NOS
only in paving ous funds as fast . they are
received. but also in carrying = smaller re-
serve balance in tho hanks OF Chicago. AT
the close Of business May 81 ho had but .
little more than 800, 900 in the bank, every
dollar hut that amount having been Sofnso
over to the contractors.
During June y big mole will be cut in the
mountain of indebtedness. The attendance
is steadily increasing, concessionairss have
been making money and no longer 9rumole
when the collectors 90 around to ges tho
Exposition company's share OF ehe1r re-
ceipts. Many Of the conce%ssionatses were
not able to spare q dollar OF thstr sales
during the first throe weeks OF May. r.,
The natural increase from these Two
sources. however, is not the only reason for
conRrstulation. The running expenses OF
the fair are being reduced everv day. An
order from the council of adminissraSion
directing all the heads of departments TO
out their payroXls to the lowest point posi-
bic has had the desired effect, and hun
dreds of employees are being dropped every
week. To-day the council received reports
showing the number OF men dropped during
the last two weeks. The reports were not
altogether satisfactory. md heroic meas
ures will be adopted to weed ont superfuous
employees. Nearly 1900 men have been
given discharge tickets. but the council
still considered the working force too large.
II is estimated that from $4,000 0 to $ll6.-
600 a week will be required to meet the
minimum pay roll. This estimate is based
on the superstition thnt the fair will be
opened on Sunday. and contemplate that
every employe Who 10 required to work ON
that day will be given one day OF rest
| during the week.