The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-07-20
Boston Market Was Al
most Stagnant-
Notes.

Yesterday came near being record
day for dulness, at least this year.
Business was even lighter in volume
than heretofore this week and the one
redeeming feature was the generally
firm undertone. When transactions
were recorded prices were steady, and
in several cases, mainly among the in
dustrial stocks, Wall street showed
positive strength A rumor was around
that the American Sugar Refining
Company contemplates a $20,000,000 in
crease in capital, and as this is sup
posed TO indicate the absorption of
competitors as well as subscription
privileges to stockholders, a rise of IL
took place in Sugar shares after an ear
lysIoss of " Leather preferred rose a
point on talk of large earnings and
presumable reduction of dividends ac-
cumulated; Tobacco was up 1S4, and a
loss of u in Manhattan was more than
recovered. Rock Island was about the
only railroad stock to show animation,
gaining a point from the opening, but
the others easily rallied from a slight
fractional recession at the opening and
held firm, though inactive, all day. The
down on the report of strike on one.
of the Metropolitan lines. The latter
stock dropped l12 and Brooklyn Tran
sit l. but all rallied quickly. Railroads
We're rather irregular in sympathy
with quotations from London. Air
Brake jumped II points on the favor
able judicial decision, but quickly re-
acted five points without any special
effect on the general list A number of
ind 1i<zlS che f~n 0tf oil
gains, including the Tobacco stocks,
Hooking Coal and Anaconda.
Metropolitan fell an extreme three
points, but the support evident in the
local traction stocks and the strength
of other industrials caused a rally in
the whole list after the first half hour.
Continental Tobacco gained a point
and Steel and Wire 1ss from the lowest.
New York Air Brake was active and
feverish over a range of 10 points below
the opening. Minneapolis, st. Paul &
Saut Ste Marie fell 2 points and the
preferred 6ss. American Spirits lost q.
The market was duh but firm, at
level above Tuesdays closing. Amer
lean Tobacco and Leather preferred
rose a point each towards noon on ac-
tive demand, and Chicago, Indianapo-
lis & louisville preferred gained q
Minneapolis, St. Paul & Sault Ste Ma
RE rallied point and the preferred
2. New York Air Brake extended the
range of its fluctuations TO Is points
and continued highly irregular. The
market generally rose to the best, and
then fell back slightly. Bonds were
duh and price changes were irregular
The afternoon volume of business was
very small and movements of prices in
the main were confined to few spe-
cialties, the STANDARD stocks" suffer-
ing from genuine midsummer dulness
of the good, old fashioned variety.
In Boston not over 10000 shares of
listed stocks changed hands In the first
half Of the day, and one-half of this
total was In one of the lowest-priced
stocks, namely Bonanza, which was
pushed up ", but could not hold, and
receded to 2.
A strong attempt to boom" the
stock made trading in it active.
Arcadian was the only other mining
stock which was quoted more than
once up to 1890 p. m. Elm River lost
% ION the curb" to II. In the regular
list Dominion Coal held at 511k, Stock
Yards rose 1, to 146. and there was no
other change calling for mention. II
was the slowest market yet in this
quiet and disappointing month.
The following quotations were made
on the Boston exchange yesterday on
stocks held in Worcester and vicinity:
(Reported by Kinnicut & De WILL
Bankers.)
(T2anorted nv Kfnnici,tt a, naVVftt