The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-08-11
MARKET NOTES.

Inc Grand Trunk, in connection with
the Burlington and the Maine Steam
snip line, has made a cut rate of soc
per 100 lbs. on first-class freight from
New York to Kansas City. By this deal
the burlington would not receive on
N. Y. traffic, according to a mileage
average, more than one-fourth the
amount it receives from Chicago ship
pers.
reports from sub-treasury cities in
dictate that the call for gold certificates
IN exchange for gold coin will be con-
siderably less than the treasury Off
Gals expected.
keene is reported bullish on B. r.
l., Peoples Gas and other Flower
stocks.
Anaconda is making far more money
than ever before in its history For on
an output as low as 100,OO0,00O pounds
OF copper per annum, the company
should be earning three times the div
idends it has been paying by reason
OF the advance in copper.
j. w. Gates, president of Steel &
Wire is said to have been the large
buyer Of late of the Pittsburg & Gulf
securities. This buying is believed to
De IN the Stillwell interests on knowl-
edge OF the attitude of the Hollanders
road in connection with the Kansas
City Suburban Belt and other terminal
properties.
Standard Oil was one of the strong
features in the outside market on We'd
nesday, advancing six points bid on
buying supposed to come from insiders.
A metal broker says: "The firnness
OF the copper market is very signih-
cant The volume of business is restric-
ted. Sellers have comparatively little
copper on hand, and offerings for this
month or next are cautious"
European sugar cables weak and
lower. Domestic markets unchanged.
raws unchanged.
Flower & Co. continue to buy Rock
Island. The large increase in earnings
OF the other granger roads is stated
by officials to be no larger relatively
than those which will be shown by
Rock Island.
Chicago 10 a. m.-Curb Sept. wheat
&c. off Is.
There is no doubt as to the presence
IN the market of an investing public,
which is taking stocks slowly, but IN
sufficient volume to harden prices and
give a strong undertone to the mar
ket.
The very nature of the situation is
such as to call for more or less limited
trading for safety.
Up 10 Wednesday night the New
York banks had asked for the exchange
OF S5.5OO,O0O Philadelphia $4,000, Balti-
more 100000, Washington $500 in the
departmental series and S150000 in "to
order certificates
1t is understood that a combination
OF the flour and cement bag manufac-
turers and rope paper makers is under
way. The prime mover in the proposed
consolidation is said to be the National
Paper Sack Co.
The Arcadian mill is stamping over
800 tons daily. At six barrels per day
mineral return stamp rock would be
returning two-thirds of / D. c. refined
copper at barrels per day nine
tenths of l p. c., at 15 barrels per day
l ga p. c. ingot.
Shipments of coal by the Dominion
Coal Company for the first week of
August aggregated $500 tons, an in
crease of 14,0eo tons as compared with
corresponding period a year ago; since
Jan. !, ST., 4S3 tons, compared with
55O,077 tons for the same period in 1898,
an increase of 121, 406 tons.
At special meeting of the stock
holders Of the Cochiti Gold Mining
Company in Jersey City, N. j., yester-
day, 1t was voted to increase the capt.
tai stock $4,000 shares, making the to-
tai outstanding capital 1850 shares.
Boston curb prices: Elm River,
1894; Fortuna AZ lie; Mayfower
6@7; Amalgamated SO IL; New Eng
land Gas & Coke 80 to 81 ~; Bay Stale
Gas l 1-16@1 1-S.
New York curb prices: Air Power
1905; Amalgamated Copper 9S 1-2@99;
Amsterdam Gas go $3.50 80; New Eng
land Transportation 9 3-4@10 IA; Hi
nois Transportation 1-2; New York
Transportation % 3-4@24; Rubber
Goods 80 1901 preferred 81 1-2@8S;
Standard Oil 463@465.