The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1910-04-18
Special.
New Yorp, April 16, 1917

| NcW 1olp, Apiil ~, l3lO
A decided change took place in tn
took market this week owing to thu
decision OF the Supreme court to re
argue the Standard Oil and Tobacct
cases. This means that II Will o.
| practically a year Before a final de
cision can be rendered upon thes
highly important cases. A grea
| deal Of uneasiness and uncertaint,
had been raised concerning the out
come of these problems and mucl
of the recent depre sion and hesita
| ton on the stock exchange was du'
| to this influence. The unexpected re
moval Of such an incubus gives thu
market fresh life and activity Delay
is evidently the result OF Judg
Brewers death, and suggests a divis
ion of opinion in the court whicf
neces itates waiting until the new
appointment is made and the cases
have been reargued The belief, also
that the supreme court was not Who'll
ly antagonistic to corporations has
had quite as much to do with the re
vival of confidence as the actual de
lay. In any event an adverse decis
ion had been fully discounted, and
this unexpected action proved the
turning point of the market.
Crop Outlook Good.
~
came through reports from the agri
cultural districts. cultural districts
1t is now well understood that dam
age to winter wheat wasnot as severe
as reported, and it is generally be-
iVcd thot tho coming season will
~ che c. FIJI crCrs. Such result
e'@"'d hn tNo ratu"al sequence of eX-
listing conditions. Prices for all farm
products have been very high, and
it is but natural that producers will
increase their output as far as posi-
BILE. No very material increase in
acreage can be expected, for the rea-
ION that nearly all arabic land in the
United States has already been taken
up: but some gain in this Respect
will no dout occur; and the farmers
are likely to put forth every effort to
enlarge their output, using the best
methods of cultivation. The idea OF
increasing the product by intense cul-
tivation has already been actively cir.
culate,l and is knowing its effect .
The interior is practically dependent
upon good crops. and Western bus
mess men show a more positive hope
fu1lness, based upon their belief that
conditions warrant expectations Of a
large harvest during the coming sea.
son. A crop failure would certain
ly be a serious calamity.
Prices Declining.
Another very favorable indication
is the declining tendency OF stapie
commodities: which should eventva
ly simulate exports and rectify the
present unE satisfactory conditions III
our foreign trade. Wheat and flour
nave hllGdiV httliilCu NCllSG'lf iNabtF
from the high level, and corn and
oats likewise stem to have taken 4
downward trend. Provisions urt
weak Cotton, too, has fallen; while
iron and wool are declining. Copper
is already low in price. The eXplana-
ton of this tendency is that econom-
ic excuses are working out Itheir
own natural correction The long
period of very high prices is at last
stimulating production and cnecSlng
thus bring about a nat
ural inevitable REIMBURSEMENT through
supplies Needles to say.
in prces of such commo.
dties will stimulate business; at the
same time modifying the basis for
the present popular outcry against
the hight cost of living From now
on there should be less heard of the
latter grievance, although time must
elapse before consumers get the adj
vantage Of the lower prices which
are now obliged to accept.
The process of REIMBURSEMENT has
been painful one, producing much
friction and dissatisfaction. Com
plants against the high cost or liv-