The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-09-22
MARKET NOTES.

! The shaking process has been too VIC
lent to justify an immediate change il
| the temper of the market. A period OF
rest and recuperation will be required
The immediate speculative movement
will probably be dependent on the size
of the short interest and the absence OF
bad news.
]. S. Bache & Co.-The market is sc
wild and so erratic in its character thai
it is hard to give advice.
The Arcadian people have abandoned
the project of building a second STAMP
mill Of three heads this season. Scarcity
OF steel and skilled mechanics has de-
cided the management to wait till
spring before beginning construction
| Orders for material still stand but can
not he delivered until early next year.
There are good reasons to believe that
conditions are making for another up
ward swing in prices. General business
prosperity, railroad earnings, ana in
fact every feature regarding intrinsic
value, are favorable.
The tendency of the foreign exchange
market is decidedly downward, with the
figures fast approaching a point at
which gold imports will be profitable
Imports from Paris appear to be de-
cidedly nearer than from London.
Amalgamated 93@13, 931s sales; Hell
vetia, 1904; Centennial-Eurek offered
at 81; Montana c. & c., 1904; Bay
State Gas, sol; Little Tiger, $L65@
81. STU.
Boston curb prices: Amalgamatel
90, 9342 and 921a sales; Helvetia 1905;
Centennial Eureka offered at "a: Mon
tana Coal 81 Coke 1O9h; Bay State
Gas Sol; Little Tiger $1.65Q$1. 6711a
New England Gas & Coke 2S% $50; For
tuna 3218@35c; Boston Consolidated TX
@81A.
New York curb prices: New York
Transportation 1914 @20 New England
Transportation Sq9 Illinois Transport
alton 3AQ4A; Electric Vehicle $685.
preferred ll0Q20; Havana Commercial
2SQ9, preferred 677a@S15; Rubber Goods
29$ q 30, preferred S313Q41a; SIoss Schef-
field S4G15.
IL ls'hamoredin Chicago that an extra
dividend soon will be declared on Pull
man 'stock out of the proceeds of the
sale of the company's outside proper
ties
1t is. reported in New York, but not
oInclally confirmed, that the Anaconda
Mining company has declared a divi-
oend OF IA per cent, and q per cent.
extra. The Anaconda office would give
q.
The Boston News Bureau saws that
there are in all about 5000 sharehold-
srs IN the Calumet & Hecla company,
ms year there are nineteen conner
INNING companies in the entire Lake
superior copper district reporting to
the Michigan secretary of state OF
Whlch twelve are in Houghton county
nnVe IN KeweenaT county, and two in
OnIohagon county. Last year there
We're IN all eight reporting companies
ana nine IN the previous year. There
are Il'Stz shareholders of record by
TINS years reports. compared with $500
last year, and 1920 in 1897. The present
market value of the stock of these nine
teen companies is upward of S151 600
0OO, and dividends of almost 500. 900 O0O
nave been paid to date. of which
amount over $7,00O,O0O has been maid
since Jan, l, 1899. The largest Calumet
q Hecla stockholders are Quincy A.
Shaw, $500 shares; j. ]. Higginsor
trustees, 1000 shares; R. S. Oliver, 35OC
sharesi j. M. Forbes, 1925 shares: G. P,
G SolPs 1900; Lee, Higginson &. Co,
1898, and Alexander 7Agassiz. 1854,
Pioneer mine-A letter is received
signed Attorney" as follows: "Tn vour
wednesday evenings edition YOU quote
a director of the Pioneer Gold Minnie
company as saying that proxies for
more than the majority of the capital
STOCK already are held by the present
management. That was we'll undar.
stood by the parties interested in So.
curing better management The
proxies We're secured before any public
cooperation was asked of the stock.
holders. However, it has occurred tr
the stockholders since the mentioned
advertisement that they have RICH;
10 issue proxies of later date. and a
large number already has done so. ever
II IT did not occur to the quoted di-
rector that they might do sou