The Bessemer indicator., 1893-07-01
rAE FlNAMcIAL sIruArlon.
usw >. Ls.ss B.sss RsssrA sAs Out
isse-nsavy Travel - ths yaar.


lew It, zssss B.sAs RsssrA sAs Out
'ese-Hssy Travel ~ ths yssr
sr. Lou,s, June ss.-Ths Ananeial
hsustion u giving very little anxiety
here. AL the banks are reported IN
best possible shape and althosrh Of
bourse there Il more conservative than
usual In regard 70 diseountiug paper,
there Is plenty of money for oil legiti.
mate enterprlses. On tho Real Estate
Exchange, money Is offered every day
On realty lands and the rate of interest t
continues TO be but q nominal fraction
In excess OF 6 per cent, with that
dgure exactly for the best loans Tho
real-estate market is not quite SO
active as at this time last year thong h
the returns are much higher thar
those Of 1891. Tho building enter
prise, which has been D conspicuous
feature of the city during the last
three years, ID moro marked than over
this summer. The frontage covered
with new buildings during the past
three years exceeds in the aggregate
100 miles in length, and at the present t
rate OF building the total for this year
alone will be considerably over forty
ave miles
The railroad travel between st.
Louis and Chicago since the opening
Of the World Fair has been by far the
largest on record. The FIVE railroads
running day and night trains between
this city and the home of the Worlds
Fair have been compelled to put on
extra sleepers and other coaches and
even to 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, not
hllf frapTantIr,
time quite majority of the increased
traffic is made up by visitors and tour
lists from distant States. The rail-
roads have granted st. Louis proper
tonate rates from all points with re-
ductions similar to those given the
City of the Worlds Fair, and hence
there is 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 the 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 mail service west and south
west for several years. but until this
week there has been no early morning
newspaper md mail train to Northern
Missouri, Iowa, Nebraska and Illinois
points. The train makes very fast
time as well rs close connection with
number of roads at various points,
and it is expected the influence on the
jobbing trade will be very marked.
Lieutenant Colonel Batdorf has
been elected Colonel OF the First Regi-
ment of the Missouri Militia. Col
Wetmore, the retiring Colonel, was
compelled to resign in consequence of
business engagements, and he is sue
ceeded by au officer who has served
since the time of the Southwestern
strike. He was Lientenant- Colonel
of the Fifth Provisional I..giment of
Missouri which took part in the
Worlds Fair dedication proceedings at
Jackson Park last fall.
bicycle riding is becoming so COM
mon and popular in the city that it 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 bust
ness on their wheels daily. The
wheelmen of st. Louis are strong be-
levers in the value of cooperation.
Shortly before the last municipal cleo
ton they formed committees to wait
upon the various mayor1lty candidates
from whom they obtained promises
which have resulted in the principal
asphalt streets being left unsprinklatl
morning and evening for their benefit