The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1906-06-25
PRICE MOVEMENT.
rs On See-SaW Order Varying Much
According to Professional
Manipulation
Special by Mail.


vorable considerations of a stimuIat
- Ing nature, but these seem to hay,
Deen fully discounted or to be largel,
onset by others equally unfavorable
Inc result Is see-saW movement ir
prices, varying very much ACCORDING
10 professional manipulation or to the
Il developments from day to day In
$ some quarters there still remains \
very strong undertone of condolences
based chiefly upon the large volume of
business In progress throughout the
country and the generally satisfactory
condition of industrial interests. 0np
OF the strongest elements o nthe Stock
exchange Is the dividend situation
Within the last few months several
increases have occurred, and this week
baltimore d Ohio, American Locomo.
1--WE and Corn Products have increased
their returns to stockholders. There
are rumors also of a more satisfactory
DIVISION OF profits concerning other
large corporations, which, though pra.
mature, exert a supporting Influence
upon values. The successful placiny
In france of the $50 DOC. 900 American |
loan was undoubtedly an encouraging |
ledture- Our own monetary resources
are SO tully employed that the meet.
ing OF forthcoming demands from our
railroads threatens to be serioue
prooiem- Fortunately, our credit i
abroad Is good and Europe is more dis.
posed than usual TO lend us It's hank.
ing facilities 1t is well understood
that numerous new issues of railroad
securities are in prospect, and the fact
that these can find better market
abroad Is of much Importance. The
opening of France to American invest
meii'S 49, OF course, departure of
much significance, and French savings
are not likely hereafter to seek such If
cauy investment in Russian securi. II
ies' Inc entrance of American invest. n
hehtS OF the best class into the French
Market therefore, is opportune for all
Inc future Of our stock market Of q
ourse' depends very largely upon the
rops' fhus far advices have been
olAeWhat conflicting A sufficient 4
'heal crop Is practically secured, but II
o bumper yield Corn is late and # n
sui too early to from an opinion of n
ms all immportant grain, There is n
othlhg disturbing. however. Just now n
the grain outlook. Cotton appears n |
nave Deen somewhat affected by IN. Id |
lVoraDle weather, but the prosnect H |
Tor an abundance of this stanlo at II |
'ohtable prices. If American farmers n |
we another fairly good year. as now (
ems probable, We may confidently :,
OK forward to another season of sat.
factory business conditions. Should
c crops prove disappointing the in. II
ry VIII fall less severely upon tba II
rmers than usual because of tboir -
heraliy excellent financial condition -
'Feriheiess, a poor harvest might
SHY marx a turning point in bust.
SIS In the money market reasonable
e5 are anticipated until crop de-
mas assert themselves. Prepara. A.,
rs Tor the July disturbance next 49,
elk, aggregating over $780, 900. 900
y cause a temporary disturbance:
monetary prospects have been ma.
ialiy improved by our ability to do
re OF our banking abroad. as well
by last months's gold imports and
return OF funds from San Francisco. e0'
ere are no important symptoms of
he reaction in any department. nor
any signs of over production be
acted in the large industries. though Cap
quite conceivable that any decided surr
ck IN consumption fro many cause
lever might quickly bring us into
eriod OF over production. As Just
Z however, there is nothing Of the II A
yet in sight The break in prices Cha
-. II ~" "id'Ne', 'housh mat J. II
80, . s'-i, extraordinary active f. S
DADS OF the country. which take
rye portion Of our product. are Acco
y buyers and will continue fo no uals
come time 10 come. II is already furnil
mated that the American producf
Ig iron for the current year will
lily 25.000, 900 tons. compared with A
'RatfH ~ AFFN9 anu At.suNNNtN
9oS. Railroad earnings continue
; % roads for the second week in
amounting to sG.00O.O0O. an in.
e Of over II per cent over the
period last year. ST
e above are BE favorable fes-
which have domir ed the mar
turing the pest week and NAV
ay not have exerted their fun Capita
1t Is proper. however. 10 CON surpIu
some weak features Of the sitna-
which are Of growing importance. s =
evolution in Russia Is particular. r A
In the event Of a crash r n
Petersburg OF a serious break 7 II
--'an ssg'ili'ies- Pans. The very F. sps
pon which we are looking for the
saFv Increase in orfr r-radff ---o.,1=