Jasper County Democrat, Volume 3, Number 11, Rensselaer, Jasper County, 23 June 1900 — COMMERCIAL AND FINANCIAL [ARTICLE+ILLUSTRATION]

COMMERCIAL AND FINANCIAL

New York—lnfluences that ordinarily might be expected to cause considerable disturbance in commercial circles have recently come to the surface. Reports of serious damage to growing crops in portions of the Northwest and a renewal of the gold exporting movement on a fairly extensive scale coming on the eve of a presidential campaign might well be calculated to cause some setback in trade. The rapid pace of tfie onward movement of the last two or three years has been checked somewhat. The stock market continues to be a purely room traders’ affair. Business during the week has been on an exceedingly small scale, and taken as a whole the variations in prices have been of little consequence. So far there has been practically no investment liquidation. On the other hand, there is no demand for stocks, and it is difficult to see what will induce a buying power in the near future aside from the short interest made and making. Chicago—The wheat market was again igitated last week by the reports of irreparable damage having been done to ipring wheat by the drought. Numerous ihowers fell on the border of the affected territory without benefit to the places Heeding it most, from whiclv, latter came a cry of alarm that excited the speculators and added 3 cents a bushel to the price of wheat. As serious inroads had been made on spring wheat by the iepredations of its most indefatigable enemies, the Hession flies, it cannot be said that 3 cents advance in the price since a week ago indicates any undue haste among the gull speculators to take advantage of such a tempting condition of affairs. The only rift in the cloud that spreads its somber shadow over the agricultural prospect is in the Southwest, from whence comes news the most cheering of the coining harvest; where indeed the cutting of wheat has already commenced, nnd the only anxiety of the farmers of that region is for the means to gather their superabundant crop. Large as the yield promises to be, however, In that favored section, It cannot wholly compensate for the great losses in other localities, nnd in averaging the result it seems highly probable that next season's prices will have to be adjusted to smaller supplies than were forthcoming throughout the season now coming to an end. A 3-year-old child fell from the window of a Staten Island train while the latter was at full speed. When recovered "the babe was unhurt, save for a few scratches on its forehead. Parts of the side of a sheep seized in a London slaughter house some time ago presented the first authenticated case of tuberculosis in that animal recorded in England. Lord Roberta la one of the best swordsmen in the British army. He is also an •xpert with the lance.