Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1897-08-05
MARKETS Or Thu WEEK
LATEST REPORTS FROM TRADE
CENTERS.
Outlook for Grain as Given by Com.
petent Observers Effects Of Cur
rent Events on Business.
Special to the Reflector.


Special to the Reflector.
Cu,,.oo A,u Tho n,rlo
ohloA'o' aug D. Inc "arhe
outlook as furnished by McLain Bros
& Co.. commission merchants Rialtc
49,.
ouiiuihg' 'his ci'y' LOT the week emu
ing today is as follows:
~,
..., lle lii''ers strlke, which continues
WIN ul'"oaIeu Vlsort Is Stlll the me.
u'equ'etihg FACTOR IN the business
Mo',u' ana aitlolgh II mas as yet but
lhuuerattly disturbed commercial and
INDUSTRIAL affairs, Its Indefinite cOntin-
ua'lce VIII disturb the supply and de-
'na'lu relitlohs OF SO many of the pro-
u'cls OIL industry That a sympathetic
influence VIII he manifest along all the
streams OF commercial life. The fact
.'lal tue great railway lines have suf-
llclelll coat supplies to enable them to
continue uninterrupted traffic for some
l'llie TO come mas doubtless prevented
manifestation OF the strike influence
~ 'lle STOCK market. and has enabled
.lle p'l'' party TO fairly well maintain
values
ne MARKET however, shows Il hat
lns tendency ana IS subject to other
.,i'laVoraole influences. which, unless
lucy are arrested VIII become potent
as pear arguments. The most import.
a''l o. THESE Is Inc inability of man
'ltls ,, 10 lllalilalh tarlll rates, notwlth-
sla1llulhg 'helr strenuous efforts IN that
ulrecI'oll' another Is me sudden revival
u solu exports on 4 liberal scale, the
outWarM movement last week aggre-
ea ,g No. 'oo,ooo'
lille lhe interest IN stocks IS wan
ing Wlleat is becoming an object of
universal a,'thlloh' because OF supply
ana ueniahu relations, and Its inherent
sPecl'lallVe posSlollltles. From all sec
llohs OF North America com" reports
VI gralllymg yields or encouraging
prospects, save on limited areas in the
northwest where tne rainfall has been
700 apulluahl lor the welfare OF low
laliu wheat, Wnlle from all portions OF
Europe Complaints OF crop failure, or
uanlage 10 some extent, are heard, as
surlng an eHcelieht demand ior Amer
icah Wlleat' ana an active and interest
lhg 1l ll an
WINE lhe estimates OF foreign dam
aee may pe exaggerated, there IS cyl
uehlly SUBSTANTIAL grounds Tor belief
III an uhder-aVerage crop, and that,
WIN lle absence Oh lndla ana Argen-
Una rs competitors until their new
crop IS ready Tor market next spring,
a anu 'le possibility that they may then
nave ho surplus 10 sell, presents a SIT
y, lraughl WIN great possibilities
III 1ne iuluie'
. beeroonm estimates the European de-
iicie''cy az 22Z'ooo.ooO Du' divided as
lolloWs' VIZ FRANCE 96Oo0,o0O bu; Bull
gafla' oerVla ana turkey, o2,OO0,0OO bu;
hussla' 4o,UoV;OoO Dll' Italy, 32OOO,OOO
nu' Auslrla-lungary, Sb,0O0,0O0 bu;
uerlhany, 4,0oU.ooo bu' United King
aolll. 2,Voo'ooo Du; all other countries,
l'oUooo Du.
me uheVehliul termination OF the
July WlleaI deai mas lreed our marhet
IRON t''e corner Dogle ana lelt IL once
more 10 tlle operation OF natural c0ndl-
lloIis' tlere Is an attempt being made
10 arouse FEARS OF September deal,
WHICH, however IS accorded put lndll-
ierehl cons'oelatlOh by local traders;
having 'a'led 70 secure an advance IN
July Oh Dut llllle II any greater Than
natural causes would warrant, when
cohdltlons were more favorable Tor a
squeeze tlia' tlley POSSIBLY can become
again I'D the near future, 1t Is not Ike
" that tlle same people would essay a
September corner III our market and
tneleDy invite the unloading on them
OF all me spring wheat that could
be possibly shipped here before October
ISL ana thel ma themselves possessed
or a lot OF irregular wheat for which
llere Is never more IMAM a moderate
export ana milling demand whenever
the more desirable grades are obtain
ahle'
Inc operations OF a strong bull CON
llhgeht may AT lllntS exert great lnlln-
ehce n Tue Market out any attempt to
force II lar beyond It's natural confines
would De lraughl with too much dan
ger. Nlitn the wheat raised is all