The Lamar register., 1893-07-01
THE FINANCIAL SITUATION.
How st. Lo.is n.sAs Regard II. ov,-
iee&-Hesvy rrassa TO tie Fair.


'eek-Hesvy rra.sa TO sAs Fair,
81. Lours, June 23.-Thc financial
si.uasion Is giving very little anxiety
best possible shape and although oS
course there is more CO nservati,m than
usuai In regard to discounting paper
.here is plenty Of money for all legiti-
mate enterprises On the Real Estate
exchange, money is offered every d.y
on realty lands and the rate of intcrest
continues TO be but nominal fraction
In excess of 8 per cent, with that
Inquire exactly for the best loans. The
real-estate market is not quite so
active as at this time last year though
the returns are much higher than
those OF 1891 The building enter
prise, which has been q 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 ut the present
rate of building the total for this year
alone viii be considerably over forty
i've miles
The railroad travel between St
Louis and Chicago since the opening
OF the Worlds Fair has been by far the
largest on record. The ave railroads
running day and night trains between
this city and the home of the Worlds
tair have been compelled to put on
extra slccpers and other coaches and
even 10 run their trains in sections
This Is partly the result of the very
large number of people living in Mis-
souri, who are visiting the Fair, no,
once but frequently. At the same
time quite a majority of the increased
traffic is made up by visitors and tour
isis rom distant States The rail-
roads have granted ST Louis propor-
tomato rates from all points with re.
ductious similar to those given the
City OF the Worlds Fair, and hence
there is 4 great deal of travel from all
points through St Louis, tourists pur-
chasing tickets to this point and avail
ing themselves of the low excursion
rates when prevail for tine ride across
the State of Illinois.
Quite an excursion party occupied n
special car on the first run made by
the new fast mail North last Sunday
morning. St Louis has had the benefit
OF the fast mall service west and south
west for several years. but until this
week there has been no early NOR ming
newspaper and mail train to Northern
Missouri, lown, Nebraska and Illinois
points The train makes very fast
time as well as close connection with
a number OF roads at various points.
and il is expected the influence on the
iobbing trade will be very marked.
Lieutenant-Coloncl Batdorf has
been elected Colonel o. the FIRST Regi-
mcnt OF the Missouri Militia. Col.
Wetmore. the retiring Colonel, was
compelled 10 resign in consequence of
business engagements, and he is sue
ceeded by an officer who has served
since the time OF the Southwestern
strike He was Colonel
OF the Fifth Provisional I-sginent of
Missouri which took part in the
Worlds Fair dedication proceedings at
jackson Park last ialL
Bicycle riding is becoming so com
mon aud popular in the city that 1t is
proposed to establish bicycle stables
In the downtown district in order to
accommodate the thousands of CLERKS
and others who ride To and from busi-
ness on their wheels daily. The
vheelmen of ST. Louis are strong be-
levers in the value of cooperation.
Shortly before the last municipal cleo
tion 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 upsprinkled
morning and evening for their benefit