The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-05-03
MARKET NOTES.

Brooklyn Rapid Transit earnings for
the month of April increased 100000
compared with the corresponding
month of 1898.
The stock of the U. S. Mining Com
pany will be listed on the Boston
Stock Exchange some time this week.
1t is believed that the full $4,000, 900
gamated copper company will be sub
scribed several times over by the Bos-
ton and New England investors.
1t is taken for granted in Chicago
that the Union Match Company, which
was incorporated in New Jersey Sat
urday is a preliminary to the consol-
idation of the match companies which
are outside the Diamond Match Com
pany.
Rumors are abroad that both Amer
lean Steel and Wire and American Tin
Plate will apply for listing in the reg
ular list of the New York exchange. If
this is done it will be a most radical
departure. Heretofore the industrials
have for the most part been content TO
figure in the unlimited list" where
they We're not obliged to furnish re-
ports of earnings. The object is prob
ably to do away with discrimination in
the matter of loans.
The catalogue of April industrial in
enormous total of s44S, 500 900. This
sum, however, represents the author
lied rather than the actual capital In
some instances, as the Amalgamated
Copper Company, the two are identical,
but in most cases the capital issued
does not exceed so per cent of that
authorized.
The $5,OOO,OOO peanut combine is well
under way. The value of the crop in
he IL 90 i
at from $4,000 600 to $4,000 900 annually.
One of the plans of the trust is to in
crease the product and export part of
it.
Frederick G. Chandler, of this city,
has just returned from a trip to Joplin,
No, where he has been looking into
the zinc properties, lately put on the
market by Colley & Co. of Boston, and
advertised in the financial columns of
The Spy. Mr. Chandler who is hand
ling the subscriptions in Worcester
and vicinity, is very enthusiastic over
the possibilities presented for invest
ment in the properties and states that
they cannot fail but to pay good re-
turns to investors.
The Boston and British Columbia
Copper Mining and Smelling Company
has opened it's stock book for subscrip-
tons in Worcester through the agency
OF John II. Maloney, IL Pearl street. The
advertisement calling attention to the
company's property is to be found in
The Spy's financial columns. Its re-
sources consist of copper and gold de-
posits, $4,000 acres of standing timber
for lumber and fuel purposes, coal and
coke.
The report is that the dividend on the
Elevated stock will be advanced to 5
per cent at the next semi-annual pc
riod; that is, 8 per cent upon the
amount paid in, which is $50 per share
There is strong rumor current in
Boston sugar circles that it is the pur-
pose of the trust to increase capital
and issue to stockholders two shares
of new common stock for each share of
stock now held.
Yesterday the Morgan syndicate be-
came the formal owner of the Brock
ton street railway. 1t is exactly a
month since the syndicate offered to
take the stock of individual holders at
the price paid the majority, S175 per
share. The smaller shareholders were
given till last Saturday noon to turn
in their stock, and every single share is
now held by the Morgan syndicate. It
is believed that a street railway syndi-
cate is looking with wistful eyes to-
ward the Worcester roads