The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-10-04

vile, O., 4 per cent Swear average paw
ing bonds were awarded to Briggs, Todd
& Co., at los. The $1,000 Monterey
county, California, 6 per cent 3-year
average bonds were awarded to the
Oakland Bank of Savings, at iO5.O27.
September coal shipments of the Do
minion Coal Co. amounted to 10000
tons, an increase of 32,745 tons over the
same month last. year. From March to
Sept. 80, seven months, 1901, 500 tons,
against $685. S5 tons in the same period
of the last year, increase 1925 tons.
New York gossip says: In broad
sense it looks as If Europe will have to
| fight hard to keep its gold. A continu-
ance OF high money rates at this centre
Gan hardly fail to be reflected immedi-
ately In foreign money market where
there Is already considerable strain
With the open market rate of discount
at w per cent it is sure that gold pur-
ehases in London will become a matter
of some difficulty and certainly of con-
siderable expense.
A Denver special dispatch to the
Transcript says: September dividends
from Cripple Creek mines reached a
total Of $685., 500. This amount is only in
incorporated companies, stock in which
Is sold on exchanges, and does not in
Guide mines In private ownership or in
close corporations which refuse to give
out such data. Estimated output of the
district this year is placed at $1S,O0O,0 600,
or about S2,000,000 less than predicted
before the smeltermens strike.
The Concord & Montreal railroad,
leased TO the Boston & Maine, issues a
brief report for the year ending June
30, 1899 No statement Of earnings is
given. The report states that there has
been appropriated from the proceeds of
the sale of 13,047 shares of stock $27,06S,
leaving an unexpended balance June 80,
1899, $249,10S. The unexpended balance
June 80, 1898, was s276,1 76. The balance
sheet of June 80 shows a profit and
loss surplus $S6S77.
OF the issue of 10000 shares of new
stock of the American Waltham Watch
Company, but six shares were sub
scribed for by present stockholders or
persons holding rights. OF the 10000
rights about 1000 changed hands, and
$4,000 We're exercised by the original
holders.
The imports of copper during August,
1899, were S 1,206,S76 pounds, valued at
$l69,0S2, as against 1878, $40 pounds, val
ued at S264,244 during August, 1898 For
the eight months ended with August,
1899, the imports were 1852, POI pounds,
valued at S5,115,155, as compared with
S5,399,0S1 pounds valued at $2,529,2l2,
during the same period of 1888. The ex-
ports Of copper during August, 1899,
We're 2S59S,6 06 pounds, valued at 81, 0s4,
O6O as compared with rs, 0S7, 066 pounds,
valued at $2,871,J01 in August, 1898 For
the eight months ended with August,
1899, the exports of copper were 146, 500, :
1923 pounds, valued at $24, o07, 591, as com
pared with 1875, 933, 533 pounds, valued at
22220,413 for the same period of 1898
This shows that there has been a de-
crease in the quantity of copper export
ed during thetirst eight months of this
year, as compared with last year, of
40, 433, 404 pounds, and an increase of the
imports of copper of 2,1S312 pounds
making the stock here larger than last
year by 51,616,530 pounds, or 23O43 tons
The following-nam new securities
have been listed upon the stock ex-
change: Southern Pacific per cent gold
collateral bonds of 1S49, secured by
pledge of Central Pacific railroad stock
$2s,S1Si500 and additional issue of com
mon stock $67, ga, 200. All Of these securi-
ties are issued for the purchase of con-
troll Of the Central Pacific Railroad Co.
Central Pacific Railroad Co.'s first re-
funding mortgage 4 per cent gold bonds
$51,4s2, 500 and 315 per cent mortgage
guaranteed by Southern Pacific Co. $24,-
4UsUUu.
Liquidation of weak accounts has al
ready been very thorough. With the I'M
certainty as to the Transvaal situation
removed the leading interests will see
their way clearer
Bank Of England has raised its rate of
discount from 91s p. c. to Az p. c.
ngton-Treasury gold increased
$1S65S4 yesterday
Watson & Gibson--EXeellent railway
returns are coming in all the time, but
they are like water on a ducks back.
The street only acts on something new,
something out of the ordinary, and it's
eyes are turned to the money market
at home and abroad
Market conditions for copper reflect
dullness in trade, although there is
little change to report in prices Lake
is quoted at sss@1S12c and electrolytic
17hQ17%c The market is decidedly a
waiting one, and the Transvaai crisis
encourages the policy of hesitation