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Show Ui:ihl MMMI.ll, IILtlMl. Heniiv Ult.ua In his rt)iort for (lie wi-ek ending October 17, IsOl, sijslhat tlie stock market has taken a look U wnnl. The "bulls" show r csllancy lutiklng auy amount or s. k oflered by thoooste side. Although tlio whole, range of cundltlont nticillng Wall stn-et Interests Is In an unusually hopeful insltlon, Jet the tut rise lu prices has alio becu tsry Important, If dMHHHH not piilo ronimemurate with s "ef vatlve estimate or those I ulll'h fact ri j The crop situation, which was the principal cause of the boom, ii"- ' Completely developed Hettteen the Injury loi-prlng wheat, from the late storms and the Increased J I'll of Winter wheal, It can only be roughly guessed wlist will be the domestic out-rut out-rut of that cereal; while Hie l.uropean crop may reach couildrraUy larger dimensions than have hitherto been expected. As lo collon, there are to many con. llngenclea forth next few weeks that no expert can Ventura a definite esll-mat esll-mat befor next December. Though 1-iilii-is Is lm roving, there Is no such boom In general Irala as has been exacted from Hi extraordinary harvest; thlt, however, Is largely explainable, ex-plainable, betauin the rial results of a good lisrvcsl do nJt come until the pnidurls havo been harvested. Owing to these uncertalntlc about grain and cotton, thtro is a corresponding unccr talnty as lo what may I th course of railroad trafllr, and aia natural result these uuccrtaliillc Ju-tlfy hesitation In speculatlvu trausacll'ins. An Improved feeling prevails In London owing to an assurance that the llrltlsh hsrvest Is not so bad as was anticipated. This means loss gold for th United Htste. It teems lo be due to this favorable ospeot that the Hank of Knglsud continue Its rate of ills-count ills-count at 3 per cent , contrary to tlio general expectation that It would l-e advanced. Th exports of gold from England have not been as largo during the past wtek as wss cxpecied. |
