| Show ellk OUTLOOK GENERAL 1 indications all to a in and general trade and as far as speculation Is concerned awill be even duller unless the unforeseen should occur something like a great european upheaval which is altogether amr probable i in wall street there Is nota trace tit optimism to be seen the protas element Is in tho jumps nothing hopeful is in sight and aa prices for all classes ot seem to be as near bottom as possible a change tor the worse Is next to impossible on the other hand as outside buying Is not in evidence there Is not much chance for a rally in prices naturally athla combination tends to masterly inactivity both in stocks and bonds some havo been established la iron and steel products a in pig iron no further tife clino Is possible unless the mabers are willing to stand a loss they prefer to curtail production and this Is being done with decision 41 many rocalus roca lUi es the troth la the coat of production has not fallen with the decline in the prices and until the matter Is will not bo any activity in the markets k crop are somewhat better the been favorable as a rule but there have been no changes to justify any great increase in estimates which have been made heretofore the crops may ba fair probably will as a matter of fact but they will be far from record breakers all this lencs strength to the speculative market as far as cereals are concerned while at the same time they only add to the dullness prevailing in railroad shares As a whole may was disappointing to business interests both to wholesalers and retailers the month was cold and wet which had due effect and there was in addition an uncertainty in banking circles which had a tendency to check anything in the way of free buying there were decreases in bank clearings and railway earnings and failures were moro numerous though not much greater in amount than a year ago generally speaking trade conditions are not satisfactory nor Is the outlook at all promising |
