Mexico weekly ledger., 1896-01-16
The nervcus system Is weakened by the HENA MSN
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W. G. PRESS & co.
Grain and Provision Commission aarehants
2 and : shernan ST., Chicaao.
In ibeir sneeiaI m.rkat letter ssar.

SistH aaE tfofiotuu VSHtN!sSotuH HlIi saditS,
ana + Sherman ST.. Chicago.
In their special market letter say:
Our wheat market has, since the waf
cloud lsegau spreading over Europe,
been active, errAtie aud nervous. fluc-
{ttat1ng with the rise and fall in Eng
llSit eonsois. and the tone of the news
from Berlin and South Africa. The
excitement abroad has stimulated the
speeuiaitye element of our country.
causing "A noticeable increase in the
volume of business, with Il material adj
titien To the holdings for country ac-
cortnt. On the possibility of war be-
tween England and Germany. in a
great measure, hangs the fate of the
market in the near future; and as no
one can foretell what a day may bring
forth, any prophecy based wholly on
that consideration alone would have to
be subject to revision, and as there are
otlfeE factors of 4 more stable nature
that merit attention, we will avoid the
danger OF making guesses that in a few
days may appear ridiculous by leaving
cash of Our friends TO guess on the re-
suit OF h foreign unpieasantness and
confine ourselves to Il discussion of
@NAFN AANfthtHNTp NAitN klG MiiDllN vi Il StlD-
ply and demand nature. We are Of
course aware that in tile event of the
strained relations between the two
beligelant countries becoming more
acute that, for a time at least. the spec-
Glatiye demand it would create would
outweigh All other iutirSeacc-.Anitie
from the demand created hv the
war scare, there has been some buying
in consequence of complaints of the
utlSatIsfactorv appearance in MANY To-
calities of our growing crop, and re-
ports of the adverse influence of wet
weather in Argentine, which is DELAY
ing the export movement from that
country. The closing of the chief
Dannbian mort by ice encourages the
belief that the amount put afloat for
Europe will, for u time, decrease in vol
ume and that European markets will
become more stable. If these condi-
tons obtain. wheat bought on II good
break will p%royelTc If the ar
scare subsidies, aud &grtliwegtern re-
eeipts show the increase Promised. the
unloading of long wheat b0lsnht under
the stimulus of excitement viii doubt
less bring a sharp break. IN which event
we advise judicious buying for the re-
action which such low prices will GER
bring. War may cause a boom,
bit Low prices aud legitimate Influences
viii cause advances from all severe
breaks.C Wenote that the Department
Agriculture in its last report again
raises its crop estimate. making ii prac-
correspond with the more reIia-
BILE OF the private estimates and approx
fnating the guess yentuTeg by It's as
long ago as last July.
Corn has recently exhibited signs of
reeiving animation. and promises to
more attention in the future.
a few days of advancing quotations
increased oar receipts. and while
a very free movement from the interior
again depress prices, we believe
the May future should he bought on
breaks. One Of the strongest features
see in'this cereal is the fact that an
immense amount has been cribt5el at
prices which viii not pas a profit on
present Nay quotations, and viii There's
fore be Off the market until n material
advance is secured. The same .c0ndi-
tion exists in oats. and as we have he
fore stated, we believe they should be
during periods OF depression
and held as an Investment until It profit |
is secured.
Hog product has also showed signs of
renewed activity, oHtsideoFerators haf- |
been attracted 10y the modeTat re- |
of hogs and the Improvement ii, |
The war scare has loTsbtle
been responsible for much of the aa{R- |
ity1 mailiiested, for q European lsF
wonlt create an active demand f3riHu
visions.