Show THE OUTLOOK 0 since our last comment the general markets of the country have shown little change in fact there has been a lull in the general market several of the leading stocks however have been steady as the barometer has shown but slight fluctuations on oil june ath it stood at on june it dropped to 1034 it has rallied so that on july ath it stood and on the esth it was these fluctuations are not violent they indicate a steady condition condit lon of the market which always precedes a general advance especially after such a panic as the country passed through uh u h a little more than a year ago on the other hand the price of copper is not as encouraging as many hoped for on wednesday last week it closed in london at 58 pounds and 5 shillings per long ton on thursday it sold up to 58 pounds 2 shillings and 6 pence closing a little weak A year ago on the same date the closing price was 57 pounds 16 shillings and 3 pence the high price for this year has been 64 pounds 2 shillings and 6 pence while the low price was 54 pounds 12 shillings and 6 pence the condition of the copper supply would lead to the opinion that higher prices would prevail this fall the surplus is not increasing very rapidly while the demand is increasing the crop report is exceedingly encouraging there seems to be an increase of about 7 per cent in the corn acreal acreage and it is estimated that the harvest will wilf reach bushels the government fiz ures tires also show a better condition in the winter wheat spring wheat oa oats t s and other grains than the estimated production of all the various grains for the corresponding period of last year if nothing happens between now and the time of harvest there should be a season of great activity the general condition of the country and the increased demand for iron and steel will also stimulate every enterprise and all this will be reflected in the greater activity in our own mining interests we shall undoubtedly see a very active fall |