The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-06-24
PRICES HARDEN,
Stock Market Some
what Stronger
All Round.
BIG EXPORT OF GOLD TODAY.
Very Little Interest Shown
in Boston Trading
Financial Notes.
BIG EXPORT OF GOLD TODAY.

The stock market was somewhat
stronger yesterday, and while there
was no general advance, prices hard
ened all around, with industra!s and
Vanderbilts prominent.
Gains in the granger shares were
fractional, but they were sustained
well. Sugar advanced l ga, and the
Tobacco shares, including Continental,
gained notably.
Considerable gossip attached to the
Steel & Wire dividend question, with
a good gain in price of the stock.
The total of tomorroW's gold expoIt is
reaches s4000,O0O, but while the an
nouncement of the shipments temper
arily affected prices, the losses We're
slight and the market hardened The
New York Central dividend was de-
clared and the usual statement Of
earnings appeared, stock rising l SIS.
The opening in Wall street was pre-
ceded by an active demand for Amer
lean stocks in London, and prices
moved up in sympathy. The Baltimore
& Ohio stocks led, the common rising
Is and the preferred / ga. Most of
the railroads and leading specialtieS
gained large fractions. The only eXcep-
tons were American Smelling and
Standard Distributing preferred, which
lost about a point each Manipulation
in the principal specialties advanced
them further, but the movement failed
to stimulate a demand for the general
list and prices receded towards the end
of the first hour. Sugar dropped ? II,
Standard Distributing common and
preferred 2 each, and some others
about a point. Tennessee Coal E Iron
was weak. Purchases of the Wander
bilt stocks steadied the railways, but
the specialties acted feverishly for a
time.
Steel & Wire became very active and
sold up points towards noon. Tennes-
see Coal, the Tobacco shares, Sugar
and Brooklyn Transit followed strong
~ in sympathy, but reacted no to a
point before noon. Dealings in the rail-
ways diminished, but they held their
previous advantage, outside New York
Central, which dropped a point.
Changes in prices of bonds were slight
Sugar rallied nearly two points after
the noon hour, Rubber l 5-S Metropol-
itan Street Railway IA and Air
Brake an extreme IA points, The gen
eral market was very dull and tie
movement of prices was small, but the
strength was sustained and a fair az
tI age duN dllGt W aS AtNOl NtAs
There is little to say of the Boston
market. 1t continued narrow and dull
but prices We're firm when sales Were
made Dominion Coal was almost the
only feature, rallying from 81 Is tc
SO 1-2 Not quite $3.50 shares of mining
stocks of all kinds changed hands IN
the morning; not a sale of Old Domin-
ion was recorded in that time, nor d
Butte, nor Arcadian, nor Utah, Dul
Il sold OF md l.
in the noon hour. Only two mining
stocks, Parrot and Victoria, sold a
differing prices, 81 and 30 IL in Par
rot, ga and 1-2 in Victoria. There
was talk of a consultation IN New
York to arrange the stock market enc
Of the Amalgamated Company; 1t Is
high time that something was dcn'
TO offset the very effectual "queerinE
Of Boston's copper share market BY
the first development of combine &C
tivity 1t begins to look as if the com
bine or trust business had come neal
TO killing the goose that laid the cop
per eggs, unless il is a part of the
game thoroughly to disgust holders OIL
stocks bought at high prices, inducing
a thorough liquidation preliminary Il
another advance when stocks nave
gone into strong hands" that Is, Wh-I
The little fellows have been punished
suInclenJIy IoI NeIIu Illl6 I4lO ~
ulative game in copper stocks. The
little fellows probably will fight shy
of any more subscriptions to combine
stocks at s100-the game, while allur
ing. is a little too dangerous. Wtthou
activity in its copper stocks there il
precious little left in Boston special
ties. There was not a sale Of Unite
states OIL yesterday morning AMI be
yond the good rally in Dominion Goa
there was no feature whatever. lie
spite the combination of bear atta,l
and accident at the mine Dominion
Coal holds we'll and instead Of pes
being necessary TO prevent reachlng ~
SION orders at 80. it may turn out tia
stop orders on the other side of IL
account may be reached.
The following were closing quotation
-, rn-..... n..hnrr-o r.octaraa,. ~