The Worcester spy., 1899-02-22
COPPER
Gave the Markets a
Turn.
OTHERWISE STRONG
Granger Stocks Are Some
what Erratic..

While yesterdays market was what
might be termed a strong one there
we're slight reactions in some lines. as
against Mondays figures. But the gen
eral market steadad toward midday.
and improved slightly toward the close.
Tobacco opened strong at 172 TO ia
then sold up to 10, worked between
that price and 17a. back ana forth. III
near the close. dropped to los. recover
lns to i12, and closed at III. one-half
point under Mondays close.
sugar opened up point at 1888. was
run up to 1929 then g,aduauy worked
down to 1895 and closed at lloIs.
The Granger stocks were somewhat
erratic' Burlington lpenins up 2 at l47,
and then selling down to JAS. which
seems at present 20 be the low neg
point, 1t then ran up 20 1887 and clos
ed at l4T42, a net gam If one and one
fourth points for the dav
Rock Island held between 2ga and
IN, closing at 2lA, loss Of Ia points
over Mondays close
81. Paul started ut lS9, and worked
doWn to 1875, and closed at 1927 a naf
loss Tor the day of "a
american wire stocks We're strong
S,cnlhoh selling up "a points at IL, clos
ing about the top. Preferred gained
IA, closing at 9514
tederals held stead, at Ioss of
ABOUT one-fOurth point
1l3, a loss Of x 'S' &
metropolitan, after an early gain of
d12 at 24S12, sold down and closed ar
-+2, Two points under Mondays close
.+ me D9lance of The industrials were
stTohS, showing some gains.
81 The rest of the market held i+e or.,,
pending the holiday tomorrow.
mere IS pronounced activity in Cen
lfal Massachusetts, but iust wbo or
,Nhat IS behind it is not possible 70
!gaIA' Two stories We're circulated one
tilat Boston interests, presumably for
e,ie p % M We're buying, and the 9th
eI mat New York was endeayor.ina. to
OBTAIN control break the lease ana at
tach the road to another system In
pdfs amhg the heaviest buyers was
answered by the statement that tha
purchasing was for Boston account.
Inc heaviest buying was of pra-
Ieffed' which was natural inasnucb as
Ia alne coInIhon has no vote at present.
ana would be useless for control The
prediction Of par for the preferred in
the near future was made.
A Central Massachusetts official ea1,s
ne mas no knowledge Of any imDorrant
aeVelopments respecting the road and
that the advance is due solely to man
ipuIalIoh lhere are no evidences. he
s"gs' oi The b. & NJ. buying the shares
ne common stock is widely scat
Tered throughout New England, The
preferred IS more closely held. one-haIf
OF II being in the possession of original
bondholders g maj
Boston had a wild time in the CON
per stocks, or rather some of Them
iesteIuay' Prices of half a dozen lead
tAg speclalties tluctuated widely, Mon
tana fell Is, to $50, rallyina. to 40 The
supreme court Of Montana has denied
me application Of the Boston and Mon
lana, prohibiting Judge Clancy of the
ulstilcl court from appointing a receiy-
tf Tor the company on the action of
buidette . Connor, stockholder. The
decision will not become effective for
ten days, and in the meantime the
company Will endeavor to secure a
Iurther delay in the appointment of a
receiver. Mr.. Bigelow president of
me company, issues an urgent recon-
mendaton TO stockholders to deposit
STOCK Tor their protection under the
agreement
a..
TO AZ, by the new copper comblnatio1
inerests, 1t was said, or by persons
connected Herewith; rally was made
10 30; Arcadian fell 3, to 74Ib. GalIyins
TO n; Tamarack was up 20, at 265. later
selling at 262; Butte was lower, at
92; Calumet gained more to S95. but
later sold at 800 again; Osceola gained
~ 90 1O4ls, thence yielding to 1902:
Franklin lost 115, to 2S with p rally;
Mohawk rose 2, to 35; Porrot 4, to so
Winona gained 2, to 22, later selling at
2l: Isle Royale jumped 6, TO 81, fell
back to 62, and later sold at So, with
the other copper shares comparatively
steady. All showed good powers
OF resistance and strengthened
We'll in late trading. Volume of
business again was heavy, although
mot up to Mondays record, making to-
tai of sales-l90,000. Curb coppers We're
active and generally strong. with sew
eral new high prices recorded. Central
Massachusetts rose g, 70 20, receding ],
and preferred gained IA, to 1871 Bell
Telephone was lower, at $40.