The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-11-30
HOLIDAY DULLNESS,
Leather Drops Again,
But General List
is Steady.
WAR NEWS STARTS A TUMBLE.
Light Dealings in Boston
With No Feature
Notes.
WAR NEWS STARTS A TUMBLE.

The business month ends with an in
active market, but with a strong mar
ket, nevertheless. Perhaps the holiday
influence may have aided in intensity
ing the narrowness and dullness yes
terday, but there was little sign of any
general recession, prices holding well
throughout the list.
Leather broke Az more, to 1O%. raj
lying IA, but in marked contrast was
an advance of in Northern Pacific pre-
ferred, common gaining and Atchison
preferred also hardening point The
report of a deal whereby the Pennsyl-
vania acquires the Baltimore & Ohio
and the Big Four, Chesapeake & Ohio
and other Vanderbilt lines are to com
bine under New York Central auspices.
had little effect on the market for the
shares concerned, Pennsylvania
speedily losing its gain of a point at
opening and New York Central and
Big Four easing fractionally. DR.. De-
pew says that he knows nothing about
the deal.
The apparent climax of the Philip
pine war, with British successes in
South Africa, has improved the gen.
eral sentiment, but against this is the
firmness Of the money abroad and the
idea that the Bank of England rate of
discount, may be advanced today was
factor in London yesterday. Our
own money market position is i'm
proved decidedly, compared with the
beginning of the month. The market
contemplates the assembling of con-
gress next Monday with euuanimity
and with the continuance of great vol
ume of general business At generally
advanced prices for staple commodi-
ties, well maintained, the market posi-
ton as the last month of the year be-
gins is decidedly favorable. Business
men ana the American people as a
whole have much for which to be
thankful tomorrow. as they review the
last twelve months and the great rec
ord of American expansion in the arts
OF peace, IN industry, commerce and
substantial progress as well as in ma
tional growth and prosperity
The New York market opened irreg-
ular American Steel & Wire 40. At
Gibson preferred 661s C. B. & O. 1897
Federal Street 90. Leather 1416 to 1873
Leather preferred S0A Manhattan
1O5s4, Missouri Pacific 48$t. New York
Central 1898, Northern Pacific $50
sugar 1915, st. Paul 125, Southern pre-
ferred 5S1a, Union Pacific 50sS. Union
market was decidedly feverish at the
opening under the influence of heavy
realizing, and the opening advance in
the trunk line stocks. PENNSYLVANIA
opened up point, but reacted y. and
Baltimore & Ohio preferred sold down
about as much. Elsewhere in the list
some sharp gains We're recorded. not
ably in Manhattan and Sugar which
rose point, and Laclede Gas 2. Leath-
er was forced down ~ on heavy Of
ferings.
Profit taking became quite general.
and the downward movement was ac-
CELEBRATED by a fall in Leather to II.
Trunk line stocks were the severest
sufferers otherwise, but some of the
high-priced industrials also yielded
sharply. A demand for many of the
minor railroad stocks, including Chica-
go, Indianapolis and Louisville & Nash
vile, Colorado Midland preferred, Kan
sas City. Pittsburg & Gulf and Chica-
go Great Western preferred and de-
bentures lifted from l to, pa and
checked the decline. Laclede Gas ex-
tended its rise to four points, and Pull
man improved ~. Recoveries in the