The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-08-16
MARKET NOTES.

Dick Bros. & Co.-How long the dead
lock will last it is hard 10 say.
The market is acting at present il
full harmony with previous marke
movements after prolonged rise. Tha
is to say, stocks which have not shared
in the advance gradually come up
while those which had been leaders ar,
sold in order to take profits.
Ane conda directors will soon declare
dividend of 81 per share.
Chicago, 10 a. m.-Curb Sept. whea
! 71ss, off u.
making good progress in sinking and
surface work. Winona is having trou-
BILE in keeping full force.
j. d. Rockefeller denies that he solo
10000 shares of stock during the last
few weeks
Statistician Wroth of the Baltimore
Chamber of Commerce says: "The
PROSPECTS of the growing crop of corr
leaves scarcely anything to be desired
The acreage is nearly the largest ever
grown by this country, aggregating 81,
$4,000 acres. The largest previous area
was liz 1885, when the acreage was given
as So,000,000 acres and the production
as 2,151, 100000 bushels. The largest
crop ever grown here was in 1895, an6
was officially stated as 2,2S3, 900 00(
bushels. A crop of 1900, 900, 600 bushels
is indicated by the report of the agri-
cultural department"
Baltic sold off on the levying of the
So assessment.
Gas & Coke sold at 301s to S0A fol-
odd lets; now 29A@301a, Elm River 10
Amalgamated 97Q9S, B. S. G. 1@1A
The Wolverine Mining Company di.
rectors have declared a dividend of 5:
per share, payable Oct. 2 to stookhold-
ers on record Sept. q. This is an in
crease of Soc over the previous semi
annual disbursements. This is the com
pany's third dividend and will bring to-
tai dividend payments up to $270,000.
The Baltic Mining Company directors
have called an assessment of SO pei
share. payable Sept. 49, This calls fol
$500, 0G0.
The superintendent of the British Co.
lumbta Copper Mining Company
writes: We have just installed a new
auxiliary hoist and will sink 1870 feet
deeper to connect with the drift going
up now from the new shaft No 2. The
old workings are now 200 feet in deptt
and show 70 feet in width of fine ore.
1t is still insisted by persons claim.
ing Inside information that the first
dividend upon Amalgamated Copper al
the rate of 2 per cent quarterly will be
declared this week. The statement ap.
pears to be based upon the report thai
the directors of Amalgamated Copper
and OF Anaconda are scheduled to NEE;
in Montana on Aug. Is. 1t is said thai
In order to enable Amalgamated to pay
per cent at this time, Anaconda di.
reotors first must declare an extra divi
dend of 5 per cent, which, it is said
they have promised to do 1t is report
ed that the acquisition of new copper
properties by the Anlalgamated ha.
been delayed in some instances by liti,
cation which must be settled before tht
title can pass.
We think that we have reached thai
position in the stock market now where
it is safe to say: Buy me 1000 shares
of any stock under 20" This is an ole
remark which In time of bull market.
of the past was a profitable one t
make to your broker, and indication.
are that we are now entering that same
| stage of speculation.-Wa g. Glib.
son.
1t is understood that the New Eng.
land Gas & Coke Company has under
consideration the building of 400 add
tional ovens at its Everett works, max
ing 800 ovens in ell. This addition car
be made in a comparatively short time
and at one-fifth the cost of the presen
plant. The company will not be obliged
to call upon stockholders for additiona
| money to increase its capacity. Th,
plant was originally built with the ides
Of increasing it's capacity to 1900 ovens
The company is now turning out 4O
tons Of coke per day from 100 ovens.