The Cape Girardeau Democrat. (Cape Girardeau, Mo.) 1876-1909, 1897-05-15
SPECIAL MaRKETLETTER

llslled us by MCLAIN BROS. " o
Commission Merchants. Rialto Build
ing. Chicago:
War In Eastern Europe has again be-
come the object of greatest interest in
commercial and financial circles and
bids fair to overshadOw all other inilu-
ences until it finally ends. When the
end will cume. how many nations Will
become enIbroiled. What will be its
final result. are questions which Will
determine the value of stOrkS. bonds.
grain and provisions throughout the
civilized world. For nm time great
Gm-asinrss has been manifest among
Eiirulaan linarr. er$. rSpeciai ly u! Lon
dIn in con riv ii"r Oi The uIIctift =
Ties al the En-lptn situation: ti'I> u
icy - !" 60 IFhrri"d on .AfrF -
Hr,r, ~ H. InatGivit, il'-n Il
~. - at. lie lit y.til'.-. ia
= -. =, H.. ST." t.iaI. Wiifj'a r".'%
...int o. Ill., .lr'f'. # nir. e"
u.f.IIr : -...v , $500 h~f-tr>~'''r
Iii al a-r.
f.-. .i.t "ti.vI " 90"
g.. -. d. : Al Ia, =. a'
,,,.>.i.r az. cuH3irIar
:,,. sc '"H.illiun 7"
,. .~i.fnve,i III IsIi. T. %"
L.. -f-.:r ~ '.aIN 'ihr - iilp
40, >,n.>- 'nt i"..f-'. 81 -
- SIN - Is 'J.utt. - ~.
Il >...d.i pI-.ir5:~r ia the Mr., = a."
:. iH.- If We c~,anlry WI... ,H
r.o ri reads and higher liiCt-- ; E
.ri,In and simrf. VIA ciI Il MAR I'll - \
MAGNITUDE wili ;I~>;ire Il ma!k'tt IA
~lr"vrnrut la commercial AMI iTi :
trial affairs my ~ anticipated rN'"'
cia,Iy ia I:.r nt>i auti NnrinHrSt.
Wheel hrinl The u~IoIHcl mo uTl
v-r>., il u.,-.i and = erIilair,i in Ia
ciV!i,2rl ni.II,liS. WAS the iiiS lu 60
Ike E,-i - H." uItuiIg df hos ii I"-
LrI"rrn thu TurESaI Greeks. aruiht.
FIST Ia <c.nt Il Sudden and ~Sub>Ia"lI'i
a.f.i:strr. That il st'duid hecUnIr IN
r.,irrt Of ritHt interest. and lis inns
>.u!i pariici rlN de: iraD;r. is Hi"i''
Iarsrnt conditions. h.ft natural. iur -
uIm ifii> is been III Sc strong Il prs ! :
ks owe: the entire wurt3 D., az
s~:gail.r ;IIan Tor several IPars tiir it'.~-
81. ri Increased Supplies from ~.
80 .nrn lIrmi ph. re UnrIiruiIr"-'f
sd h Htlu0k tor .AmrT'ci:a srt!
can crops lrecmlniug lrs~ l'''lIn~
- hen "a I:irSp e, miiIinIS ~.
.uSSiHi IL of li- r"'SirS az Il" ia .
iaietirS- thereby cIlttIi- off S"uf ."H
il, >sian and l%Ianunian >I;i ilics-'~
added. il i evident that Ii!i> Ger. - -
destined. for some time at least. L" -
sumo Il commanding I"bSttiom a. al
pbicr. OF great SptrnlJtiv" Interest
The apathy al Eur"Iram uprri;ur :
noticeable for mauy weeks. has III :. $!
been transformed into rageIntSS ana
alacrity. and 10 them MAY lie attributed
the h~eginnin. of the bGling iuror Win h
resulted in the first hIige following lttr
assumption by the Turks Of agorc, Srrr
lluStiIities; their buying MAS accoa,-
panied by additional purchases by the
ruterir OF strong operators who so SIC
eessfuIly followed the market down 'mi
the recent SeVer3 decline. and by IT,
assistance Uf several strong bull y ii
eIs who have been stubbOTnlN Stalr.it,1
by holdings which have shown sryrir
lOSScS.
War news. while being responsible
for the major portion of the advance.
WAS rot the only strengthening factor.
there being domestic news of Il StInIlt-
latiHg,nature. the demand for flour lr-
ing reported us urgent. the marketing
by farmers showing Il decrease. and
crop 4tdyices being less encouraging for
an abundant Yield. the Illinois crop re-
port icing decidedly gloomy. fOresllad-
owing Il Teturn of but little more than
the seed ,SOWn: three-fOurthS of the
acreage seeded is reported as having
been ploMed up. and the condition of
the remaining third promising but oue-
third of IN average yield.
Late adyiceS from California state
that their growing crop has been mate
rally damaged, changing the prospect
of great promise to n of apprehension
and fear. From India adviceS are not
encouraging for importing countries.
the crop there being estimated at 3D.
000. 900 bu under an average. implying
that there will be but little for export.
About the only southern hemisphere
advicpS that report anything %encOurag-
ing are from Argentina. where the
ground is reported ia Il promising OK
dition for new crop SOWingS.
Our market. speculatiyely. is in Il
peculiar condition. the major porti"n
of the long interest having been elm
mated by the reSiStlesS decline fTu:n
S0c. and the great short interest lu.-
ing covered near the BOTTOM. leaViE" il
pretty well evened up before the WAY
news became so important q factor.
The cash wheat is in strong han'IS.
and unlikely to cnme on the markrt
until the holders think that MI the It'll
vance possible has been affirmed.
Under these conditions fact i i1ms
are likely to be rapid and muurInIr>.
melting great activity and attracting
the attention Of an unusually large
number of OueratOrS.
Corn is still dependent on wheat for
whatever strength it develops. although
there is a fair demand for the ,owrr
grades; the fear Of greatly irrr"::s 1
receipts with the return OF good lc..,,S
inclines many traders 10 the short sd:
they. however. operate cautiously, 1T
relishing anything of a SeTsa ,
character in the wheat mark";.
Oats possess bat little indeTcGiP Is.e
and are still affected by the iuf. :vi.ce.
regulating the course of corn.
The visible supply of grain i'll Ike
United States and Canada shows tn.
following changes for the week: WHEAT
decreased 721. 900 bushels. corn de
creased S64 900 bushels, ats increased
300 0 bushels.
Notice.
The Metropolitan Industrial Beney-