The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1905-06-19
CURRENT TRADE FEATURES.

r7HILE trade conditions continue humdrum and
wv day character there certain underlying elements winch
may which render the heavier
financial and mercantile cautious The sudden appearance
OF the Moroccan incident and its possibilities is one OF ths
unfortunately France Germany should actually become
involved there knowing what the effect on the money
markets of the world would be- The different financial centers nave
financing along all right thus tar but with
France and Germany suddenly injected into the situation would
another condition deserving attention domestic money
situation The enitud OF money gives us sort OF abnormal ease
which may be abruptly and rudey interrupted New YORK imam
pointing that the Government has on deposit IN
the depository of the country something like Soooooo
which will be withdrawn about the beginning OF the 9al year
demands for the OF the West
the immense sums of money the country but
anticipated Withdrawals will be sufficient check
large speculative W. street and to render the heavier
their operations The Equitable
squabble too while still
disturbing unsetng the market for securities and
| trade Sill anothe factor Which is being watched is an
increasing trade, the condition OF
industry generally accepted good barometer to the
commercial of the country.
condition of the likewise having
effect Theodore Price the leading who has
says explanation of his change attitude that
he has abandoned his expectations OF substantial reaction in
the cotton market just completed of the whole
his of the crop conditions that
crop bales and may be
there from boil weev and the possibility
dry July and August affecting that has top
That others share his opinion shown by the steady
Against possible wheat
and prospects continue good though during the past
few days the OF red and black rust different sections
heavy throughout the West have down the estimates
volume the STILL this the
sares pointed that this large country and that
whole sections may experience curtalment of the
and still leave abundance of grain for domestic and
export gratifying condition is the of
during May compared with the same month last year
gains the bank cearings point steady
business frequently pointed out of late The
last week which is smaller than the recent
average gain but which is, nevertheless substantial.
cities and the list only five show
from last year. and they small hardly deserve
heaviest being Joseph Mo- The
gregae cearngs only Saooooo The failures
against 27 the week last The
railway earnings thus far June 81 larger than those
the period last year Mercantile collections reported
good all the country.
Activity building continues everywhere, creating excel
lumber and other structural material While.
before stated there growing dunes the and steel trade
sufficient old running all
refusing prompt deliveries business The
-four mills less inactive waiting for the crop The
textile and footwear factories generally fully employed and
with the exception OF Chicago there labor disturb
anywhere
of the the apathy the New York stock
where the sales fell the point stagnation those
Thursday being only shares the smallest days trading this
1t often that Wall makes such slim exhibit
during the usual summer ul-
ports owing its good prospects, the high prices for
orchard products the abundance of and the spirit
of confidence and optimism apparent everywhere