The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1899-09-17
Talbot & Paimer's Grain Letter

BY Private Wire from Ware & Leland.
Chicago. September 16-wheat: Liverpool
&c higher; London sc higher on cargo.
Worlds shipments, 6,2S0,00O. Paris reported
quite weak; Antwerp. unchanged. Heavy
rains in India will save portions of the
crop Weather conditions continue fine.
Frosts are predicted In the northwest to-
night, followed by fair weather. Total
clearance503 900. For the week up to yester
day 100000 bushels from July /, up to date
al, f,000. an Increase over last year of s.
900 900 bushels. We confirm % loads for ex-
port, but hear of no cash demand here.
The market was quite firm early on a bet
ter market in Liverpool, which Is probably
due to the advance In freights. Trade was
rather light, operations being confined
mostly to local traders. The close was
heavy. probably induced by the slump in
Wall street Local sentiment is more bear
ish than otherwise. and 1t would not be
surprising that in the evont of anything
unfavorable coming out in Wall street
circles, a vigorous effort might be made
to drive the December future under zoe.
There has been so much disappointment on
the part of bull operators that should any
thing of the kind occur, no doubt a good
deal of long wheat will be thrown over.
We are inclined to believe that 1t will be
some time before any advance can be es-
tabished Corn has shown considerable
strength, and there was good buying of
September, which advanced to 33c. highest
price for some time. 1t looks as If 1T was
going higher. Clearances for the week,
5000 900 bushels; so loads reported for ex-
port Rail freights east advanced Monday.
Oats did not maintain the full advance,
but they act very strong and look higher.
Provisions: Shipments. lard, 1.450 900;
meats, 100000. Trade has been light and
the market is very dull.
Talbot - Ps'mor'4 stool, r.nt+"-
By Private Wire from the New York Sun.
New York, September 16.-Prior to the
publishing of the bank statement today's
stock market showed in the main a some
what irregular tendency towards higher
prices but there We're a number of con-
spicuous exceptions to the general market.
Thus, with tine exception of Brooklyn
Rapid Transit, all of the local fractions
were notably weak, sharp declines taking
place in Manhattan and Metropolitan. The
weakness in these stocks was attended oy
a rather belated discussion of the workings
of the Ford franchise act. 1t was not
stated why Brooklyn Rapid Transit should
have been excluded from the baleful in
fuences of the law, so that regards its
status in today's market Other weak fea-
lures were p. o. and St, Paul, the sellislg
of the latter apparently further rejecting
the disappointment at the absence of an
extra dividend. The other grangers were
apparently steady. Rock Island was strong.
The industrial quarter moved in the main
with the railway list. the conspicuous fea-
lures being Sugar and Tobacco stocks. The
trading was in comparatively light volume
throughout the morning, activity being held
in restraint ON account of the uncertainty
attending the showing to he made in the
bank statement The London market was
rather sharply depressed on account of the
revival of acute approximations there re-
sarding the South African situation.