The Lamar register., 1893-07-29
OPINIONS or FlNANcE.

Business Men with Varying Oplnisr - =
tbs Causes Of tile se.rsity sf Mjt.sy.
81. LOUIS. July 21.-A daily Rape1
which has already made itself rlQpus
tation for the wholesale interviewNRg
turned loose = corps of reporters tl1e
other day with . view to getting thu
opinions Of the business men Of 81.
Louis a. to the cause Of the financial
depression In only ono detail was
Most Of those interviewed said that
there was very much Less stringency
than generally reported and that there
was ls falling on in their business
returns At all commensurate with the
pessimistic utterances of public men.
Several representative business houses
reported slight increase in receipts
for June. over June Of 1899, and very
few spoke of any FILLING on. The
general opinion was that tho worst
had been seen and that money would
soon become plentiful in the market.
Tho views ON the silver question are
verv diverse, although of the gentle
men interviewed quite q majority ridi-
culed free silver as panacea for 3nan-
cial ills.
Right on the heels OF these sanguine
expressions comes the report of the re-
corder of deeds showing an increase of
over $50, 900 in the consideration money
in real estate deals recorded last week
~ compared with the second or indeed
any week in July of 1922. The figures
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, Ms they should be IL
financial experts are correct in their
summaries Of the situation generally.
There was q great sensation on Sat-
urday whom It was reported that the
secretary of five large building asso-
Citations and real estate operator on
. large scale had been detected in en-
beEzlement II not forgery. and that he
had skipped the town. The latter por-
tion Of the report was premature, as
he spent the following day ut his own
home. What the Anal on tcome will
be OF the numerous investigations now
being had into his accounts and busi-
ness methods is not known, but it has
transpirsd that he has been borrowing
money for some time at .. high
rate of interest from the Same shylock
whose exorbitsnt 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. Ior 1t has Iod
to series OF inquiries beng made
which has resulted in proving the
solidity and strength Of the numerous
building associations Of the city.
The street car returns for the second
quarter of 1898 show the great popu-
larity OF electric roads The total
number Of passengers carried in the
city during the three months was 26,-
1s6.745, with receipts in excess Of
81, 900. 900. The quarterly totals arc
increasing rapidly and are now almost
as large - were the annual returns In
the old days of horse cars Tho Mis-
souri, or Olive street road carried more
than :, 1000. 900 passengers, and every
road with . down town terminus car
ried moro than . million
? II 10 announced semi-ofdciAlly that
the new Union depot will be finally
finished this coming winter. About
400 men are now working ON the struct-
ure which appears to be pearly- COM
pleted. The bulk Of the work now TO
Be done il In the approaches and tho
track and switch laying, together
with inside finishing Of the depot
buildings proper. Work on the roof
Of the sheds with their enormous span
10 very difficult In the hot sun. but
fortunately great pre- rgress was made
on this during the spring and the i'm
mense ares and even acreage Of glass
Il we'll nigh complete.