The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-09-26
MISCELLANEOUS
MARKET NOTES.

samuel Newhouse is said to have in
view one of the largest mining combi-
nations ever effected in the west. It
WIN include the amalgamation of sew
erdl sinal properties at Mercer. with
ene Goloen Gate extension, the FEDORA
ana the Freed and Griffin gro1lps &c
Wen as properties adjoining them on the
west The Mercur mines are ALREADY
under a bond of 100000.
Inc Dominion Iron and Steel Cam
pary mas purchased a large syndicate
olock OF land at Halifax, and win erect
cottases Tor employees and several SUI
perlor dwellings for residences of Off
clals' Mr.. Whitney intending to oc-
cupy one himself for a period each
year.
George Gould, who has just returned
from the continent, says he cannot see
now war between Great Britain and
the Beers should affect American seem
rites or even English securities. He
Iurtner says that American securities
are hnding ready market abroad. The
Netherlands are particularly large buy
ers Of our stocks.
o. X. l. maintains its leadership in
ac1vlty and influence upon the rest Of
the list There is q special fascination
about this stock for operators.
copper is unchanged at 1879, with
market dull, though there are rumors
that this price has been shaded "a.
General Manager Leopold of the Ar
cadian denies story that that company
IS nearly out of funds. He says no as
sessment will be called this year. and
that both finances and mining work are
IN very satisfactory shape. No. 2 shaft
Victoria is 260 feet deep, and No. shaft
is down $50 feet. Company will put in
plant to utilize 5000 horse power.
-Centennial-E Eureka 346035
sales at "a; Helvetia 1901; Gas and
Coke 29@30, 5s S1@s2; Montana Coal
and Coke 101a@11; Amalgamated 941S0
5. sales at 50.
Morrison. Kekewich & Co. write. date
of Sept. Is; ''The copper market con
tlnues steady, with strong undertone.
Consumers having got accustomed to
the present level of prices, are buying
much more freely, and for the imme-
| date future still higher prices seem
TO us probable. The inevitable end
long-talked-of Increase in production
must come sooner or later, but at pres
ent it appears no nearer than it was
six months ago"
The local market was absolutely life
less and heavy in tone, particularly for
coppers.
have declined to negotiate further for
the Boston and Albany Railroad. and
will instead take over the Fitchburs
Railroad. Robert Goldman, chairman OF
the executive committee Of the Fitch
burg, tells the Boston News Bureau:
| i have never heard Of any offer for
the Fitchburg above the per cent
guarantee offer, and am not aware OF
any negotiations now pending for con-
| troll of the Fitchburg. I don't believe
that the New York Central will lease
! either the Boston and Albany or the
Fftchburgs Cor their owners are well
satisfied with the present performance
of the roads and their ability to earn
their present rate Of dividends. ]
| should not be surprised that the Fitch
burg would lease the New York Cen
/ trial and guarantee the same dividends
New York Central stockholders have
sbeen receiving Of Iate.'
| A special dispatch to the Transcript
! from Denver, Col, says: The Rocky
Mountain Coal Company, with main Of
| fee at Waterville. Me-, has been in
corporated in Colorado with capital of
$250000. The directors are Cyrus w.
Davis. f. ]. Lawrence and F. /. Jones
James L. Wilson has been appointed
receiver for the Revenue tunnel in Min
eral county, Col, on application Of L.
M. Kimball. Boston, who says that the
property is very rich In veins of gold
ore which have been cut, and it is quite
likely that the tunnel will be bought
up by Boston people and again placed
| in operation.
The Worcester Safe Deposit and
Trust Company will pay a quarterly
| dividend Of 11e per cent on Oct. I'd, 1899
| to stockholders Of date Sept. 25th, 1899