The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-08-20
MARKET NOTES.

A Boston news agency has canvassed
the copper situation, and finds that lake
copper can be bought only of the Calu-
met & Hecla Company at 1S1so. Near
ly every other copper mining company
in the country is now sold up and out
of the market at this price.
In the local outside market, trading
was very limited Gas and Coke sold
at 29sz, and the fives at S6%; Bay State
Gas 11s, and Boston Consolidated 1O5s
Amalgamated 96%@ 971a; Fortuna 400
4219; Little Tiger 8719@971Ac.
New York curb prices: New York
Transportation 25% Amsterdam Gas
34A, preferred $1,000; Bay State Gas
~, Republic Steel 231a@24, prefeIEed
73HQT4; Amalgamated 96% @9715; New
England Transportation 9h; Illinois
Transportation ~; Oil new 10000; ole
463@65.
There is continued large buying of the
Pacific stocks in anticipation of a boom
in them when the Southern Pacific dea
is completed.
The weather in the northwest con
tinues favorable for the crops, and this
fact makes that section of the coun-
try decidedly bearish on wheat. A
member of a large Chicago grain house
claims a crop Of 600,0O0,000 bushels Of
wheat for the United States.
Now that Chesapeake and Ohio has
entered the ranks of the dividend pa
pers, its stock should seek a higher
level 1t is one of the most attractive
low-priced stocks on the list, and il
is specially favored by reason of Van
derbilt ownership of the stock Its
seaboard acknowledgement News-is
having a growth second to no other city
on the Atlantic coast, so far as export
business goes. We understand that
the road is handling Is per cent more
freight traffic than a year ago.-Corey
Milliken & Co.
Chicago-Dec. wheat opened 741k, III
e; Sept. wheat TAN, UP 1a; Sept. oats
20; May 211a, up Is.
st. Paul has been increasing its earn.
ings more than 100000 week for many
weeks. This means simply that the
money has gone into the property
through the medium of the expense ac.
count
The purchase of 100000 shares of Bal.
timore and Ohio preferred stock at Z;
is reported made for syndicate o.
prominent men identified with the man
agement.
The New York bank statement show.
reserve increase of 1886, 975.
Prime telegraphs from Chicago
neat 1IlGnSG. ILN6Ty udY goes
show that the damage to spring wheat
crop by late hail and wind storms il
the Red river valley was not exagger-
ated, but on the other hand, underes
timated. Splendid week for corn crop
which is rapidly Fastening to maturity
We have forgotten that there was sucl
a thing as frost.
London-Private advices to some OF
the foremost bankers here report thai
the Russian wheat crop will be a great
failure..,srg. 4tsN, o
The effort to increase the production
of copper by the opening of new mines
upon which British bears are relying
for a reduction in the price of the metal
is now said~to be resulting in a decrease
of the product Of the older mines. bA
reason of the loss Of experienced miners
who have been drawn away to worl
in the new mines.
Boston was seller of long Sugar t.
a large amount this morning.
Gas and Coke 29A Bay State Gas IL
and Boston Consolidated 1884, Anal
gamated 96% I971z.
Advices regarding New York stocks
at the present time are conflicting. Two
factions are at work in certain special.
ties, one endeavoring to depress prices
and the other trying to advance them
Large purchases of BROOKLYN Rapi6
Transit were made Immediately after
Mr.. Flowers death, by some of the
leading New York finaneiers who have
recently taken profits around us, anc
rumors that the stock WIN again sell
down to 100 are in circulation. How.
ever, an extensive short interest is ac.
cumulating, and the bears may be
squeezed.
The stock Of the Bay State Autono.
bile and Engine Company is being
placed on the market. This COMPANY
is controlled by the Turbine Motor anc
Carriage Company, and has exclusive
rights to manufacture and deal in tht
automobiles manufactured under Tho
inventions Of that company for the
states of Massachusetts, New Hamp.
shire, Vermont and Maine. 1t Is cant.
talized for 100000, and is organizet
under the laws Of the state Of Maine
and the par value of its shares is 81