The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-09-21
MARKET NOTES.

Coppers very quiet Centennial
Eureka SS1a@S5; Helvetia 1871 az;
Amalgamated 9OAQ91; sales at 81; Gas
%@1
Chauncey Depew is quoted as SAYING
mat the Crocker interest ins the stock
OF the Southern and Central Pacific has
not been bought for the Vanderbilts.
Leading copper producing interest
says: We can sell all the copper we
want to at 1S12c, One point that has not
been brought out is that our exports of
copper manufactures are increasing at
an enormous rate because we are able
to undersell Europe. This accounts
partly for the increased domestic con-
sumption of copper"
The head of a leading commission
house says: THE present market is one
Of the special opportunities for people
with money to get good stocks cheap.
am advising those who want to buy
to purchase only part of what they
want now, ana add to their holding as
the stocks decline further
The B. r. T. attack was credited to
Mr.. Keene. There was large trading on
decline by Wormser and Field and
others lately active in stock. Supposed
that effort was made to sell long stock,
and that the market was taken away.
bank officer, examining the New
York bank statement of last Saturday
| observed that thirty three banks each
! showed reserves under the legal mini
mum, the total of their deficit being
&, 1SS,00O Twenty-Five banks had re-
serves above the required twenty five
per cent of deposits, the aggregate of
excess being "a. 465,0O0. OF this surplus
three banks, the Chase, the Chemical
and the First National held $2,219, 00O :
I William G.. Rockefeller, treasurer, de-
MES that the Amalgamated Copper Co.
declared a dividend yesterday.
Boston curb prices: Amalgamated 81
and 911a; Bay State Gas Sol; Montana
Coal & Coke 10a4 oil; Centennial-Eu-
reka SS1s@35; Boston Consolidated TX
QS12; Fortuna S5@371ac: Little Tiger
| $1.40@$165 New England Gas & Coke
29@31
The regular quarterly dividend of g
per cent on American Bell Telephone
stock was declared yesterday, payable
/ Oct 16 to stock of record Sept. 80. The
books will be closed from Oct. 2 to Oct.
IA, both days inclusive.
The Boston news bureau understands
that some time ago the Arcadian Min
ing Company had only 100000 cash
on hand as the balance of two pay
ments to the treasury by its share
!
/ by the Arcadian would indicate an ex-
penditure at the rate of 100000 per
month with but slight returns to date
1t is probable, therefore, says the news
1 bureau, that Jan. / will see the COM
pany with a floating debt unless plans
i are made in the meantime for the rails
ing of new capital. At the present
time, however, the Arcadian has 10000
shares, a larger number outstanding
fo,
High price, except the Butte and Bos-
| ton.
The Boston news bureau understands
that it is well settled that the Boston
and Montana will pay SIS per share for
| its next quarterly dividend, making S3t
/ for the year. The output is now at the
rate Of nearly 100000 pounds of cop
! per per annum.
The annual report to the stockholders
of the Atchison, Topeka and Santa Fe
/ is in course of preparation. The annual
meeting does not occur until December
1t is understood that the earnings dur
ing August and thus far in September
have kept well up to the best previous
record. Roughly speaking, it is esti-
mated that the August gross earnings
will equal July, and barring unusual
expenditure charged, for operating, the
net income will be quite as large
The election of William Rockefeller as
director Of the New York Central is
taken as an Indication of the elimina-
ton of antagonism between the New
York Central and New Haven interests
as Messrs. Morgan, Rockefeller and
Depew are now directors of both roads
1t is minated that action on the lease
of the Boston and Albany at the special
meetings on the 9th may be deferred
for a month or So
New York curb prices. Nauy vorly
Transportation, 20 bid New England
Transportation, S1a@9; Illinois Trans
portation, 4@5; Amalgamated Copper
sold 9075; Amsterdam Gas, 325h@33, pre-
ferred 571a@5Sh; Vehicle, 9S@1O2 ex-
dividend Bay State Gas, 1902: Oil,
460G463; Rubber Goods 3O@31 preferred
SS@S4.
The Worcester clearing house state
ment yesterday, compared with the
corresponding day in 1898, was as fol-
lows:
1898 1900