The age-herald., 1899-08-04
Talbott & PaImer's Stock Letter

By Private Wire from the New York Sun
 New York, August 3.--Today's stock market was of the kind ordinarily asso- ciated with this season of year. The trading was light in volume and professional in character Active interest was wholly taken up with the movements in few of the Industrials, which advanced smartly The railway district was lethargic, rather unfavorable weather weather reports from the spring wheat offsetting the magnificent statement of earnings submitted by the St. Paul company for last week of July The money market, while active, was well bal anced In respect of demand and supply at the average level of the week. Contrary to expectations Bank of England's discount rate was unchanged at Sa, but beyond furnishing a somewhat higher rate for American stock, London was not factor in local dealings. Yellow fever in Virginia at no time having been considerable in- Huence, it was only reasonable that the bettering conditions in that respect should also have been ignored. The aggressive selling that appeared from time to time seemed to be based wholly upon an ex- pected and vociferously predicted strin- gency in the money market rather than upon any particular considerations. As Is usually the case toward the close of the week, conjecture was active regarding the probable showing to make by the banks on Saturday. Declines were common in the
 
 close was dull and fairly steady.
 Taibott & Paimer's Grain Letter
 (By Private Wire from Ware & Leland)
 Chicago, August 3.-Wheat at Liverpool was unchaneed Paris wheat was 15 high CT and flour 90 higher; Antwerp wheat was k higher: Berlin was F higher; Budapest was 17s higher. Stocks at Antwerp de- creased 100000 bushels last month. The weather conditions in India are against seeding opef ations.
 The Corn Trade News says: "Europe will require 2OS.O00, 900 bushels from us and Can ada. Seasonable weather has prevailed in the northwest Indications for fair wealth CT tonight and Friday. except in a few por- tions. From the damage that has besn done in the Red River valley an estimate of 25 per cent. decrease for the spring wheat crop would appear 10 be conserva- tive. Primary receipts. 653000 bushels. shipments 353 600 bushels. Minneapolis flour sales yesterday, 32 900 barrels. Clearances were heavy again today. being SS5 .O0o and will make q large total for the week. Cash sales for export have been light, but D leading seabeard exporter was a large buy CT of futures, presumably against accept ances. There was some fair-sized commits sion house buying, but business generally has been light. which worked against val ues. The close easy. The sentiment amongst floor traders is inclined to be bear ish again, which may force values some lower. We.thlnlsit Is well though. however, to take advantage of the dips and make purchases Corn seaboard clearances are very heavy being 900 bushels; charters. 450OeO bushels. Hot weather prevails throughout the west but there was some very Influential selling. which weakened values.
 Oats-Tradng has been light, and there was very little feature to the market.
 Provisions-Hegs were in active demand about all sold. Shipments of lard. 3.i90.0e0 pounds: meat. 3eOOO00 pounds. Liverpool came lower on lard and bacon. The yellow fever scare was not in evidence today. and the market showed stronger front on some very good buying by commission houses ard the English crowd.