The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-11-29

ss5sty ss5sIss # Leaning The mons who have
fact. the development OF St Louis has bean
most marvellous ever since the suggestion 70
the Missouri Historical Society. in the early
part t. of 1898. At that time the taxable wealth
IS ss5s SoS % The banking .' capital ., st. 'I I,us
IN 1898 was *2o.ooo.Ooo. To-day it is ssoO0a0c 0c0.
ssss HsaS 55t s sGRssaE tRsy ae asR5s
To meet these deposits. cash and cash items
sse St. hsas hsa by hs sss 5s nd Ran t sen
practically 40 per cent reserve against the en-
tire deposits. showing no other financial CEN
Ths ss ssta. cIear,nss q St Louis in 1893 were
4 issy ss the obns
trade in dry goods and kindred lines in st. Louis
sgg,egased ss M at - so 1s9S %o In 1874 it will exceed
Of St Louis amounted to Sl4,G00.0oJ In 1914 1t
will exceed scD.0c0coO.
INCREASE OF ESTABLISHMENTS
In 1888 there was but one or two establish
nents in st. Louis transacting a volume of
business to exceed s4t1l,0oo To-day there are
who are dong business exceeding @ @ ten At5 million
annaa eaS1 oSpu se xeeed. eek @ each Of
In 1893 the capital of the largest bank or
trust conrpany was only s4.0oo. go: to-day ther.
Is one Institution with capitai OF s1s:5O0csO;
with s. 500 .oco. and numerous others larger than
the largest bank or trust company in 1885,
stitution in 1895 were s7. 600 0r5: to-day the de-
nosits E Of that same institution approximate 49,.
The Exposition has given US ten new rail-
roads and five new trunk lines running into st.
leans one from e. Paso Tex; one from Kan
sas City and double-track road from Chi
The Exposition has firmly and permanently
established 81 Louis as financial center. It
ty Of s. is 1ne and %9Tis tn ana
-''N BENEFIT TO REAL ESTATE.
While there was. and still is. complete
absence OF any activity in the buying and
selling of real estate. by reason of the Expo
largely and permanentiy benefited as has BEEN
the property owners in st. Louis-frst because
value Of st. Louis real estate as a safe and
conservative investment; secondly. It has edu-
in the wisdom Of supporting m and ddpes encouraging %
the municipal government in eniarging and de-
Ia: opened the eyes af Millions ,Rra Who Save
visited our city. to the beauty OF our homes.
magnitude OF our manufacturing industries. and md
the solidity OF our financial Institutions and
'hs fhe eeagry sf on. parks u, so M "a,
Louis and ST 1ouisans in the stock OF the
exposition has paid more than tenfold in the
seb. exe to St Louis throughout the
Il has been calculated by an a.tu.e and e1-
published by the papers and periodicals. Of the
world were measured in value at the inss-
j
have been purchased for 800, OOn 900.
Travel where you will in Europe. Asia or
Africa; you Will no longer be asked II st.
Louis Is near New York. San Francisco or Chi
cago. We are not only the map of the world
but the name and fame Of st Louis are i'm
pressed upon the minds OF millions upon mil
lions Of people. and this fact alone is Of In
calculable value to the business interests Of
st. Louis.
UNITY OF ACTION.
Ono Of the happiest results of the Exposition
and one that will be Of immeasurabIe benefit to
the future growth Of the business interests of
the city has been the analgamation. the con:
solidatton Of all the best. the brainiest and
bravest business men in the city together as
one family. not only battling physically but
contributing handsomely financially toward any
and all public enterprises for the benefit and
development of the great and grand municipal
ity-
All Of US have done our part as best we
could.labored In our own way-but the great
suit. accomplished. required a commander-in-
chief Of industry. adaptability and energy on
the firing line. and a general commanding in
the art Of finance and diplomacy. One we have
in our president. David R. Francis: the other
IN our treasurer, William n. Thompson. Upon
both their escutcheons should be inscribed
Nothing Impossible"