The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1905-09-23
RATES ON CALL
MONEY ADVANCED
TO HIGHEST LEVEL or THE YEAR
DEMAND FoR MONEY cAus.
Ed BY BIG DEALS TO BE
CLOSED OCTOBER FIRST.

Ed BY BIG DEALS TO BE.
CLOSED OCTOBER FIRST.
New York, Sept. 22-can none,
rate today carried an admonltion
aga INST speculative excess and risa
in rate had its effect in stock market
Operations were conducted wien eau
lion and the market was under press
ure at times but disposition to IRE.
coed with upwarl movement when-
ever free from the actual eaasit es
.Of money market was sdH in evidence
Call lean rates advanced 10 hiehesf
level Of the year under demand for
accommodation TO carry over until Mon
day which is required under stock ex.
change rule. Principal interest al.
tacltes to loan item Decrease in loan
item Of banks should result in I'M
provement Of surplus reserve item.
Such Improvement undoubtedly
would be welcome against future
Inceds
|. Several large oparat ons are 10 ba
met before October FIRST. ami these
with quarterly settlements in money
market win undoubtedly add to the
strain al that time iIesitating tone
Of the days stock marNc- was dut u
mixed prospects in the money market.
Special stocks We're advanced TO hold
the market during periods when it
was ,nnder pressure, The bred of pos
Isihle Yiolen, furry ia the money MIR
|llet late in the afternoon ha4 some
thing 10 ito with the carly depression
land when money demand for the day
was Fatisied without any actual furry
an active demand for stocks sprang M
which extended notably gains of tho
strong features ami cans / a recovery
IthruHghopf 70 above last nights leyes.
The closing vas at the top.
Bradstreat's Report.
New York, Sept. % The tenor Of
iohbing trade and isdustrial aavices
Iis more unanimously favorable this
week than al any preceding period this
year AK the leading IpDbing centers
iactiyity continues IN all lines. Indus
Try II active iron and steel leadmg
with larger sales aud flrmor prices in
Gruder forms heretofore inclined to
lag. More is doing in coal ANA coko
industries and prices are hardening.
Building material particularly timber,
land hardware, still reflect mnrocc-
lonted activity for this season 81 tile
year.
/ Tho absence Of frost is still favor
ial5le feature il crop situation favor-ns
tas 1t doss almost total exemption of
corn from damage Beginning q
/ 4 heavy spring wheat movement in
TIC northwest il reflected in better re-
ltal irae ana collection Taken 81
q whole collections have improved:
money is easy. though shipments ID
Inc country still continue large Rail-
way tonnage offerings is very hoavy:
| Al is notd that enough cars to move
coal TO the lakes cannot be obtained IN
1.-The PittsburG district Labor is well
employed ana additional reports al
scarcity Of help comes from widely
lseperated points.
Wheat, including -four, exports 7ol
the week. 2,17So00 DusneIs. agans
/ $4,000 this week last year; July L
ldate ~ $4,000 bushels against 1920,
loco last year,
Corn exports i,272ooo bushels
against $4,000 year ago; July / I,
date lGlSi,d0o bushels againstG, SO Z
loco in 1904
RIG Dun g. c., report.
Current trade shows distinct gail
! in comparison with same time las
year; crop reports are reassuring ani
evidences Of continued activity al
NOTED IN almost every department .
industry. "A wholesome growth. viii
Iout threatening danger of reckless IN
hation Of prices, Is commercial cond
| ttion .greaily to he desired and thcs
clements are recorded III majority q
( dispatches. Fall trade IS now wei
under way, especially encouraging r,
stills being achieved fl dry goods, mi
lincry, footwear, ANA all lines III weai
Ing apparel while mercantile pa,
ments are unusually prompt for ia
lsea' on. There IS steady consuml
sklIAytpn Of groceries and other staple Al
1licles o. food, and in future croclyer
and numerous household utensils di
tribution " Vigorous MaHufacturin
n plants IN leading Industries receive
\ large. orders, heavy tonnage Of iro
\ and steel business beng placed an
Il machinery houses making very chcc
n FIJI reports; footwear shops have All
N pie business IN eight; textile mills al