Shiner gazette. [volume] (Shiner, Tex.) 1893-current, 1893-07-27
OPINIONS OF FINANCE.


Business Men with Varying Opinions as to
the Causes of the Scarcity of Money.
ST. Louis, July 21.-A daily paper
which has already made itself repu-
tation for the wholesale interviewing
turned loose corps of reporters the
other day with view to getting the
opinions OF the business men of st.
Louis as to the cause of the financial
depression. In only one detail was
there much unanimity OF opinion.
Most OF those interviewed said that
there was very much less stringency
than generally reported and that there
was no falling off in their business
returns at all commensurate with the
pessimistic utterances of public men.
Several representative business houses
reported a slight increase in receipts
for June, over June of 1892, and very
few spoke of any falling off. The
general opinion was that the worst
had been seen and that money would
soon become plentiful in the market.
The views on the silver question are
very diverse, although of the gentle
men interviewed quite majority ridi-
culed free silver as panacea for finan-
cial ills.
Right on the heels of these sanguine
expressions comes the report of the re-
corder of deeds showing an increase of
oversee, 900 in the consideration money
in real estate deals recorded last week
as compared with the second or indeed
any week in July of 1892. The figures
are quite surprise, but afford much
qualification in real estate circles.
Work on the large buildings in the
city continues rapidly and neither the
building nor the real estate interests
are depressed, as they should be If
financial experts are correct in their
summaries OF the situation generally.
There was a great sensation on Sat,
urday when 1t was reported that the
secretary of five large building asso-
Citations and real estate operator on
large scale had been detected in en-
bezzlement if not forgery, and that he
had skipped the town. The latter por-
tion of the report was premature, as
he spent the following day at his own
home. What the final outcome will
be of the numerous investigations now
being had into his accounts and bust
ness methods is not known but it has
transpired that he has been borrowing
money for some time at d high
rate OF interest from the same shylock
whose exorbitant rates of inter
est expedited the ruin and suicide of
the late assistant city treasurer. The
scandal in question has done good
rather than otherwise, for it has led
to series of inquiries being ma1R.-.
which has resulted in proving tlA
solidity and strength of the numeroL&
building ASSOCIATIONS of the city. :
The street car returns for the Sec
ond quarter of 1898 show the great
popularity of electric roads. The to-
tai number of passengers carried in
the city during the three months was
26, 1S6,745, with receipts, in excess of
100000. The quarterly totals are
increasing rapidly and are now almost
as large as were the annual returns
in the old days of horse cars. The
Missouri or Olive street road carried
more than 1000, 900 passengers, and
every road with a down town ter
minus carried more than a million.
1t is announced semi-ollicially that
the new union depot will be finally
finished this coming winter About
400 men are now working on the
structure which appears to be nearly
completed The bulk of the work
now to be done is in the approaches
and the track and switch laying,
together with inside finishing of the
depot buildings proper. Work on the
roof OF the sheds with their enormous
span is very difficult in the hot sun,
but fortunately great progress vas
made on this during the spring and
the immense area and even acreage
of glass is well nigh complete.
Beautiful Women in India.