The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-08-19
STRONG AND ACTIVE.
Trading; in the Bos-
ton Market On a
Broader Scale.
A GOOD RISE IN C. B. & Q.
Bullish Talk on Middle
Glass Stocks =
Notes.

Industrial stocks were almost wholly
obscured at the opening of the stock
market yesterday, by the active de-
mand at advancing prices for railroad
stocks.
Chicago, Burlington and Quincy,
which sold extra dividends Of 116 per
cent, almost Immediately recovered the
dividend Minneapolis and st. Louis
rose. 211s and the second preferred stock
2 points. Other railroad stock In which
gains reached a point were Louisville
Baltimore and Ohio and Erie first pre-
ferred. Sharp fractional gains were
general throughout. Detroit Gas ad-
vanced 27s and the Consolidated Gas 2
points. Some sympathetic strength was
impaired to the industrials by the buoy
ancy of the railways, and Sugar and
Brooklyn Transit rose sharply. Small
additional gains were made In the act
i've railroads, Southern Pacific touch
ing 40A and Louisville ST. Decided
strength prevailed in Iowa Central pre-
ferPed, Evansville and Terre Haute,
Baltimore and Ohio, Union Pacific and
Minneapolis and St. Louis common, the
latter making an extreme rise of 65s.
izing by the traders, and short lines
were put out in Sugar, Brooklyn Tran
sit and the Tobaeoos, which lowered
them point. Burlington lost it's mi
tial rise and sharp fractional reaction
occurred in other railroad stocks. Bust
ness was on a very large scale and
widely distributed. Prices hardened
again towards the end Of the first hour
Towards noon the market became quiet
nd 4I.Ns,-
to depress prices. Sugar, Metropoli-
tan Street Railway and Southern Rail-
way preferred yielded about point. An
active demand for Northern Pacific lift
ed it above 55. The grangers were
forced up to the best, and many of the
low-priced stocks responded Evans
vile and Terre Haute rose 31h and
American Linseed OIL preferred 2
points. Kansas and Texas preferred,
day, recovered its ground, and Sugar
rose about 100. Louisville and Nash
Vile stock advanced sharply on buying
not only by the short interest, but also
on rumors of closer alliance with
Southern Railway.
Trading in the Boston stock market
was quiet, but included a larger variety
of securities. Boston commission
houses report an increasing business.
American Zinc made new record, with
sales at 511s on what was called inside
buying. There are rumors of coming
rights to stockholders in connection
with an increase in the capital stock
of the company. 1t is understood that
new stock will be issued at 50. victo-
ria advanced Is, to SIS, on encouraging
reports from the property. A leading
State street house was a buyer of
Atchison preferred, and there was also
good commission house buying of
Atchison common, quotations being X
higher here than in New York all the
morning. Tamaraek was up 3 points,
at 228, and Calumet came out at $50.
Verona lost n, to 11N, and Wolverine
a like amount to Ash. Isle Royale
held at Sly and Utah at 441k Centen-
NAL gained /, to 3%, while Franklin
was off lis, at 1874. with u rally. Quin-
cy was steady at 1853 and Montana at
1856. Osceola lost u to SO, while Unit
ed States Mining ffuctuated between Be
and 35N. PARROT was off Is, at 52N
and Copper Range was unchanged al
A. In the railroad list Albany sold
at 254 and Old Colony at 206 Bell Tel
ephone held at IS and Mexican Tele-
phone at T. Dominion Coal was up "
at 81, but lost Il later. Mergenthaler
was off u, at 204A.
The following quotations were made
on the Boston exchange yesterday on
stocks held In Worcester and vicinity:
BOSTON STOCKS.
? (Reported by Kinnicutt & Dewitt