Vernon County censor. [volume] (Viroqua, Wis.) 1865-1955, 1900-09-12

New York-There has been no change
of Importance in the business situation.
No great amount of activity is ever ex-
pected in August for the reason that it
is one of the ''between seasons months
in trade, and this year there has been an
added adverse influence in the shape of
political uncertainty. Genera trade is
said to be somewhat better in the West,
but signs of Improvement in the New
England States are still scarce. The
most important factor IN the situation
just now is the better tone to the iron
and steel markets. In this industry the
buying movement is spreading il 2 num-
Der of directions. Considerable new bus
mess is being done in bars and prices are
again showing an upward tendency. The
sheet trade, too, is more animated and in
better shape. There are some encourag-
ing features in the speculative situation
features which In ordinary times would
bring about a sharp advance in values.
But at the moment these are entirely
ignored and politics treated as the prin~
cipal consideration. The consequence OF
this is that the trading Is on a limited
scale and prices, as a rule. are barely
holding their own. People evidently do
not want to buy stocks, and. on the other
hand. those who hold them are not dis
posed to sell. 1t is not believed this con-
dition Of affairs can continue much long
er.
Chicago Wheat was generally firm
during the week although at the close
Saturday the market price showed little
change compared with its value at the
end Of the week previous. The causes
of the improved feeling among speeula-
tors were various, but for the most part
based upon conditions rather expected
than at present existing. One quite tam
gible and present factor, however, was
the export demand, which, although not
to be characterized as urgent. was of d.
mansions sufficient to be recognized by
the bears and restrain them from selling
short to a degree that might result dis
astrously to themselves in ease some of
the other bull antieipations should sud
denly be realized. The looked-for reduc-
ton in the winter wheat movement was
not sufficiently apparent 10 beget CONT
dence in its reaching within n short time
a falling OF that wnnll be recognized as
a sign of the predicted coming of the
bulis udSp Vi HuutspuReu pFepOHuNFsNbCe,
Neither did anything in the movement Of
spring wheat toward the markets of Min
neapolis and nGiuth indicate the exceed
ing sm9llness of the Northwestern spring
wheat crop, as generally claimed of it.
The shipments of wheat to Europe from
other than United States, Danubian and
Argentine ports continue to run small
| notably from Russia, whose competition
in the markets Of the world Is always a
menace to the bulls. The Danubian conn-
tries promise to make amends to Euro
pean consumers for any possible short.
eomings on the part of Russia, the heavy
| movement TO market in that region Of the
| wheg producing world being in accord
| ance with what las BEN heard Of the ex'
| cellence of its wheat crop. The problem
| of the seasons supply Is yet sufficiently
obscure to warrant cautiousness as well
| by the bear as by the bull SPECTATORS
Favorable weather for the speedy matur'
| ing Of the corn crop has had the double
| effect of causing farmers to part more
| freely with their old corn and Of inducing
| purchasers in the Eastern States and for
| eign countries to defer their orders fol
| shipment TO the last possible moment il
| expectation OF an early movement Of tht
new grain.