Jasper County Democrat, Volume 3, Number 7, Rensselaer, Jasper County, 26 May 1900 — COMMEPCIAL FINANCIAL [ARTICLE+ILLUSTRATION]

COMMEPCIAL FINANCIAL

New York—There has beeu.praeticallj no change in the situation this week. As the summer season approaches the trn eral trade movement becomes eomev i slower, and there is also less activity ii speculative circles. The demand foi money, both for legitimate business’anc stock market purposes, is comparative!! light. In well-informed quarters the bejj lief is growing that the decline in cj Y modify prices has about run its edurffe In the stock markets the liquidating movement has been less pronounced, anc in consequence there has been some im provement in tone. Trading, however is still on a small scale, and almost en tirely of a professional character. The public is not in a mood for speculation and until its temper, changes there doe; not seem to be much prospect of a sus tained upward movement. Chicago—The tone of the graVn marketA improved during the week as the weathel changed from good to bad for the crops! The northern part of the spring wheaf country is badly in need of rain. Opiniori of conservative people in the affected dis| tricts is that no harm has yet been don® that cannot be repaired by rain within « week or ten days; but so long us it' keepl off, just so long will growers of the grain express anxiety, which in its turn will prompt the speculators to anticipate th threatened-calamity. The previous flour ishing condition of the winter wheat ha been arrested and a change foi the worsi commenced. The Hessian fly pest ha spread to regions not previously affected aud excessive rain has been added to th affliction. Kansas has been the princi pal sufferer in the latter respect, ane there is no longer a prospect of that' State raising anything like the phenomenal cro| it promised as lately as two weeks agd Illinois, Indiana and Ohio are sendini daily accounts of growing damage by th! fly, while Tennessee is finding each da! fresh evidence of the spread of the sam| fatal pest. I