The weekly tribune. [volume] (Great Falls, Mont.) 1891-1894, 1894-08-17
PRICES GO UP.
Better Feeling in business Circles increases
Value of Commodities.

Better Feeling In business Circles increases
Value Of Commodities.
NEW YORK, Aug. 15.-The move
ments of the market for the week just
ending undoubtedly indicate an I'M
provement in the situation. For some
time past it has been fiuctuating alter
nately under the influence of hope and
fear; but now its undertone is gradually
broadening and strengthening, and
there is marked tendency to discount
generally clarified financial atmos-
pherc. 1t looks as though we have seen
the worst of everything and that the
pendulum is at last going to swing the
other way. Outside of the all important
tariff question the corn crop has again
been the greatest factor i'll the market
for the past few days. The bears"
have been ac ctively engaged in pounding
the grangcrs, basing their action Oh the
prospect of reduced dividends OH these
securities as a result of the prospective
corn shortage. Their efforts to bring
out long stock, however, have not been
particularly successful, and they find it
difficult to cover their contracts
without Bidding Up the Market.
The damage is almost exclusively con-
fined to three states-Iowa, Nebraska
and Kansas--and in those states it al
most proximates calamity, and is prob
ably not exaggerated, but in the Other
states the crop will be fair average tC
a large one, owing to the increased
acreage due to the low price OF wheat
last year and the comparatively gooo
price of corn. The crop i'll those states
will largely offset the shortage caused
by drouth--probably more than now ex
pected. The estimated yield is at pres
ent only matter of private estimates
which vary all the way from | 400, 900,
600 to 600, 600, 900 bushels, with tin
chances from all the data received tina
the latter will be about what this year
crop of corn will amount to. There /
growing demand for the low price,
non dividend stocks and the chea
/, bonds. The feeling is that grea
, many of these securities have been il
such disfavor for long time past tina
+ they have been unduly depressed, an
: that when an
Improvement Becomes General
: securities of this class are going to IT
l spond quickly. Gold shipments hav
A practically ceased to be factor i'll tn
+ market, as only small amounts of th
. precious metal have been shipped dul
f ing the week and the ease in exchang
q does not indicate a renewal of shil
e ments in the near future. Washingto
Il advices regarding the tariff continr
very conflicting and tend toward keel
:. ing stocks feverish, and while there
e so much uncertainty among our legi
IS lators the same feeling must natural
# exist in Wall street circles. The fee
l. ing that some definite decision one wa
It OF the other will soon be arrived at
d gaining ground, however, and this fee
e ing is doing good deal towards hastel
g ing the return of confidence. III
t. stock of manufactured goods i'll Il
United States is lower than it has bet
for great many years and there w
,e soon be actual necessity for at least
a partial resumption Of business on Il
If part of manufacturers. A speedy st
If tlement of the tariff debate will ri
If them basis OH which to start in, al
IF that is all that is needed.