The Cape Girardeau Democrat. (Cape Girardeau, Mo.) 1876-1909, 1897-05-22
SPECIAL MARKETLE1TF

The following market letter is
nished us by MCLAN Bros. s. Co..
Commission Merchants, Rialto Build
ing, Chicago:
The chief items of interest in recent
financial news are the reports of a
steady increase of lOanable funds at
banking centers, without an adequate
demand to sustain interest rates, and
the disquieting effect of the possible
ties attending the action our country
takes in Cuban affairs. The latter not
only affects the volume of domestic
business in stocks and bonds, but is
manifest in the interest taken in Amer
lean securities abroad as well, and I'M
til the policy to be pursued is known,
and its probable result determined.
there will doubtless be but little i'm
provement in the demand either at
home OF abroad Although the roads
have improved and there is a crafty
ing increase in the trade Of wholesalers
in portions of the west and northwest.
the general business of the country con-
tinueS only fair in volume. and specula-
tive ventures in anything that does not
promise immediate results do not seem
TO he a;lHrlng to any great number of
persons having the means to invest.
The Eastern question. which had sub
sided into a state Pacific enough to en-
courage the belief in il speedy and am
irablt adjustment of claims and differ
encrS. is once more accorded SrrinuS
consideration. the attitude OF the SaIIan
exciting 5 me apprehension of dis ;"n-
tIOuS that may again e the = eat
European powers and involve Ihe;. ia
dangerous difficulties.
The causes which operate to rtldrl
Improvement IN commercial ana IN
duStriai affairs are also Il factor in de
term!ninS Tile COURSE ana action of uIIr
wheat III Irket. which continues Ia Hue
tlate rapidly within Il liberal range in
prices and to attract more speculative
interest than all other commodities
combined. The trade is Being iml,!I-
encei by Il variety of statistics, crop
repairs aii.' estimates sufficient To f:r
nISh -; lass for operations for %pilli"r Il
rise or 1al. in prices. and the market
moves rapidly in conformity with The
trend OF the daily news.
The "eaiher. which has been favor
abe tor HE grow nG crop over almost
u" rirl'r' country. HAS eXertrd Il l,r., =
II 'l;.!n-rrc aud embroidered Il irw
~,--gr,-is+ i"'arS In attack the market
WITH I}="T. As quotations are lowered
they gri'l'Ialit gain allies whn~r r,.,.-
Jinr"i liH~> u o create Il SIrrt int, i
large enough 20 force rapid rcrny,r e;
i'"T |Ntrriir quntIIicnS lis :Hbui. IL;
oHntl.;Hg tEilisi drvr5u;rS.
Iir demand iu~ SgrD. whpat a.. "a
IA Ste and lnre'"l rsp. which l.rS
~ al fir S.ilrn freaks. SoDa .. -
shorts 81 i"-i.r's bulls ur!: "a
'nitf'-r ! 'rI!>in-S tn rrr.i II
S!i.Ei'." IS aJiii" lore anI ,!i...l--
r.h'k - , III "a continue Ni.h
'tAr!"i's ..s...'ar'ua IL prr",. Interest,"
liiG hIir :"c-: "S"f I!-W att-,ii b. r"l.
ibriai ehrd!-.l in c'ie-k il. " =,
b'ftis are anticipating IN unlsn -
early harvest iii Tia. southern si....s.
they ;:re alive la lir danger of over
selling In" market before The n,iv..-
'""ui Incomes large eRnIrII Ia fur, sh
~i"TdSF' i,a hetS with ~lilrTa! rrcr:rtS.
Hitj al! ri''iiIh!y continue II ran n
"II~rIrFrrtilp market acts ous me
rfof - iiIr southern states rr,,g e,
an a3'iH'!tn! harvest an Il Iar., /. n
r;rl-'ti acre az. irEt 'irerp is hH: Isle
f"-! t.:!'" ~ So. - ling cpHi,n go =
:" 81 u Er'..' 'rt' AZ. fnr Su,.ii," N
MI - iE'H j. rfM utter VII e.. >r,!;alS
e - -'r'! i = NH lax. - very Il. e
N.';"-r 90 80 .s-r' i.i- drir anl trn II
'it' see ."t' ."'-. :. the old Nir.1t
''.. e.. .-I.t. . he prospect of
DO COOL hreaks
'H' ''- Iarting O
';''- 90 ~ ia being fav0rpd