Audubon County Republican. [volume] (Audubon, Audubon Co., Iowa) 1885-1894, 1893-07-13
NOT WORRIED ABOUT FINANCE.
st. Louis Reports Business Very Good
Increased Railroad Facilities.

Increased Railroad Facilities
ST. Louis. Mo-, July :, 1898. The
financial problem is exciting so much
inter t throughout the country that
aim u The first question asked of any
city is, as to how it withstood the
troubles of the spring and early sum-
mer. st, Louis has every reason to
congratulate itself on the result of the
first six months business of the year.
The real estate transfers represented
larger total than for any half year
with the exception of that ending
June 1892, which was by far the best
on record. The 1898 total is far in ex-
cess of that total of 1897 which was re-
garded as a remarkably good year.
The bank clearings for the six months
Just ended were the largest on record
and with the exception of the June
.otal each month showed a very large
increase over the corresponding month
last year, when money was compare
lively easy. Confidence is quite gen
cral in commercial circles and the
credit of esta blishments generally has
not been materially impaired.
The arrangement between the rival
bridge &C mpa MES, whereby it may be
made possible to use the Merchants
bridge and its elevated route for all
passenger trains entering the cltE
from the East, reserving the tunnel
route for freight business, appears TO
have been nearly conSummated, and
although the details have not vet been
made public the presidents of both
systems admit that arrangements have
been made. This Will lead to the
ira ific being expedited very materially.
and will certainly be benefit both TO
.he travelling and the freight distrtb-
uting public. The increase of traffic
this year, largely in consequence Of
the travel from the East and South to
( World Fair has been matter
OF general comment, and by making
full use of both bridges and terminal
systems it will tc possible TO handle
the traffic more eXpcditiOusly and at
less expense, The bridge across the
river at Alton is being pushed fOrwatd
rapidly and this will give another val
uable terminal system and e..tranCe
from the North.
The success of the fast mail train
running north has been marked, and
il has opened up quite large territory
which. although within two or three
hours distance by rail from st. Louis
could not be conveniently reached
from it except by the morning and
II Cht ira rs The travel on the roads
running direct between st. Louis and
Chicago is also remarkable and it is
getting quite usual to run these trains
in dOu bic sections.
! he quest ON o. extending the city
limits has again been raised. 1t Is
nearly eighteen wears since the city
limits wert materially increased and
since then there has grown up large
number of suburban towns and see
% with an aggregate population
considerably in excess OF lOO.OW. Sew
cral Of the { districts are supplied with
eectric lights from power plants with
in the city and in other ways the see
tionS arc becoming more and more
urban every day, resulting in quite Il
demand for annex alton, Almost the
only dra - back to 81. Louis county as
q resident section is the difficulty in
obtaining a goo supply of water, re
lance having TO be placed in a large
measure on cisterns for supply. The
progress on the new city water works
has been so rapid that they VIII soon
bo in a position to supply water to over
a million people and already applica-
tons are coming from sections Of the
county for a supply. There are Obvi-
Gus objections to supplying generally
districts whose RESIDENTS do not COntri-
Lutte TO the municipal revenue and this
desire FOR water supply is in consc-
quencc Increasing the prOer ectS of an
reNat on.