The Cape Girardeau Democrat. (Cape Girardeau, Mo.) 1876-1909, 1897-06-05
SPECIAL MaRKETLETTER

Tie following :,:IrkPy ,etter : .ur-
nl,hed IT'S by Nci.NIN Bros. Il Co.,
Commission Merchants. iiialtO Build
ing, Chicago:
General business throughout the
country during the past week ll1S been
air when compared with Ilir Vu'Gm"
Of reccn transactions. anu there -
or.en but little of a sensational rtii'Hr-
lar 10 record. the most important nrI-
lent being Il declaration by the ST.
Pfpme Court that the Interstate Com
merce Commission has not the power
10 Tx maximum transportation rates
for the railways of the country. The
settling Of this question has impair. ii
Il feeling of confidence 10 the stock
market and caused an advance III HE
'" urIties of Il number of the most
I missing roads.
The market. however. has exert
"ucrtl nothing like a revival of ar ,
and operators anticipate but IT.; e -'.
r,raSe in the volume of buSinr>s
- tariff legislation is complete. .
.'r' Cuban policy defined.
oar wheat r:Irkct has been
- ~tl hy coudi. ions of Il dCld,.-
atUIr which were Pronounced '.sp
60 discourage some at lis S.aui.
~~GpIoT:rt> arI To Impr! them 10 'H ..
e! II hoiiji.S. which. in r"ujTm .
III The offerings Of Cruidcrl ....,
.lrrS. ca,'Srd u i"cIin "t ion@, '.rI
I'm. Wi;',aU' =, ii. -'r i!lN,S "r..-'
:.::l The mai. i '.:lrm ~lrIhjro,,n &c..
The chic! G~ircomgaGl"1 farIors h
zen the c%DntiuHct! .5,rd."" r!rrT-.,..
.G1m the southwest and ~n0Ilhvr.l.'"
SidIen abatement of the IL i
I.and in winter wheat Seci'"ns ~"
'ir sharp break in price; for .,", Ne
II winter wheat markets. Thr it,..
III in this demand Is dnUhii"s: '"r E.
he prospect of an early wiMtu. It,.
harvest. and he belle t.'a' r""s'i -
Plies MAY he obtained al m,L Il low"
~,tires than have for >Cu:r iinr J..
current. y large nUn!i.r ;. :...... ....
How idle aw:i:i,:" tlr ",.y. -:
new crop. and Tier. III" 20 s. j. e,
:!E active d"iuHr! snrm ~ i : W
abe. The rlO -. nf 81 n'5 .a.:.
Will Gauss. :; lau;I rlrrr' go. .
flour in rclaiI.rs hnG> Ri; 80. ,....
at He crop y;ar viii t,i;.: ;...n' :''' =.
Should anything &C II g." .",". &C.
marketing Of the nov -. q, n.s.t,
r. four would soon hCcr':c "".6"'.
f"rei,1 markets have IrShUr.F
- Influences which, la,r ri,i'n So
hrs. being especially affected - tie
..i0man ;T"p report, which, t.
approximate accuracy fUT i"| p. '""
yearS. ~ lcen accorded c0Hs!,i"I H..
credit abroad. This report u!ar's -
pro rCCtIve yield of winter WIn':t a.
Sol ,M 0."00 bU and of spring whrai ."
000.G00 IN. Il total of J3D.MriG) e..
against 10 .U0G q bH last ,r:r nj
estimates the increase in spring st,
area at 1911 per cent.
These bearisll inilucErcS have. VIII
diScouraging bulls. rraSsrIred !"ai
and are rapidly crPatim" All rNir: "
short interest which w! l. rtrf, "
ricmer' Of strenCl!: - E2Hn as... ia.
Occurs % alarm he :"tirr>. 40 .lw
l3o." :: of the b"ar' "yw IT,, i. Re GOA
.tin".:i3n Of - l. '- @,i.1? for ia
maturing 81 ~ j.! .."rUmg ol "a
Abundant c,Ur pj: = al I'd wheat
are too SGHatl g., I'r.. # sHi ..':i....
accident 10 tie levin. - az /" ANY
prolonged Gr.ay ia %t.ia'imw it uI; lht
market There -" num"iuus reports
of chinch bu-s i::ii iL,ssian flies IN
SlCdJ DailiiDtt~ " III - li'.At A. hft '.'ilih
but little 'anHrr because of ;!:r col
weather. but ii change Ia last and d!
may yet make them inpOrtau. factors.
The coarse grains have rulct! Il LIS"
more active. with an increased Yulrmr
of business. Receipts of both corn and
oats have beer steadily increasing. .ral
the market has :elt the weight of TIE
additional supply. Crap reports ~
agree in estimates OF IN jHCrra~" J
corn nd Il DECREASE in oats acreage.
r. ceipls Of hogs are larE" ennnGh &"
weaken provisions and but for th- 81 =
port of packers the market W"i;!i
doubtless break sharply.
Tie visible supply of grain in he
United States and Canada shows i!.r
following changes for the week: Whpat
decreased 1,39n. 0O0 bu. corr increased
l.pl9,0 900 bu and oats increased 81, 600