The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-07-02
-b exc letE1iT Z Y ~ -CTF
LIVELY TWO HOURS.
Average Net Advance
of 2 SIS in Lead s 8.
ing Stocks. 4. y
BOSTON MARKET ACTIVE.
G.. B. & Q. and Union Pa
cific Earnings-News
and Notes. ,5.,, 4.
BOSTON MARKET ACTIVE.

Holiday influences had no weight in
the stock market trading yesterday,
activity and strength ruling through
out the two hours.
At the opening the market showed
continued demand for the trunk lines
and the Changers, several of which
gained from y to point at the start
The specialties also tended upward, dis
regarding the weakness of Federal
Steel, which dropped over a point on
the new injunction against the payment
of its dividends. The first prices were
shaded somewhat after the opening.
Prices of the grangers and trunk lines
eased off fractionally for few minutes,
but the lower rate appeared to invite
heavy buying, which lifted many of the
high-class railroad stocks a point and
over. Pennsylvania advanced two
points and Union Pacific and Northern
Pacific were taken freely, while there
was rise of 21a in st. Paul & Duluth
preferred. Marked gains also occurred
IN, many specialties by the end of the
first hour, with Anaconda Mining and
BrqRklyn Transit the features. Again,
just after IL a. M prices yielded tenn
porari1y, but only to the extent of small
fractions, on profit taking, but the firm
ness of Pennsylvania brought the mar
ket back to the top before the appear
ance of the bank statement. Delaware
& Hudson rose point, Omaha IL, Met
ropelitan Street Railway 13s and st.
Paul & Duluth an extreme Z, with re-
action of 3. The market failed to weak
en- With the publication of the unfavor-
able bank return, and the bears covered
short contracts, pushing prices above
the previous high level. The whole mar
ket shared in the rise, but the standard
railroad stocks continued most con-
splcuous. Pennsylvania rose to 1875, an
extreme rise of az Profit taking sales
were absorbed With a rush except in a
few of thesindustrials, and the close
was active and buoyant at top figures
Trading broadened substantially in
Boston, and one hardly would realize
that, 1T was a Saturday half holiday
with no more business until next Wed
nesday. The usual lassitude prior to a
holidayqor series of holidays utterly was
lacking, and a good deal of business was
TRANSACTED lin the two hours Buying of
c. B. & O. was steady and good, and
Atcbison. Union Pacific and the ever
attractive Sugar were prominent by
reason of large dealings In home spe.
cialties there was more interest in the
mining stocks, with some good gains
Chasing at Sc yesterday, Osceola rose
today to 8S%, while Baltic was up to 2
at 80, and Arnold rs, to 149s, Arcadiar
gained 81, to 59%; Isle Royale 1, to As;
and Old Dominion 1, to 3S11. Zinc irard-
ened IN, to 45% Centennial "a to 1914,
United States ", to 211a; Old Colony IS
to 1h, and Utah l, to 4315 Dominion
Coal was UP 1A, at 55A, closing at 55
against 53h last Saturday; United
States Oil gained q. to 46%, and Bel
Telephone 6. to 1856, closing at 955. Fitch
burg was up LIZ, at 116; New Haven &
Hartford X, at 21S%. Albany was no
sold, 1850 Ibid, go asked, being the quota,
ton. ~#
The general feeling on the street a,
to the lease to the New York Central 4.
one~of disappointment; better term.
than an eight per cent guarantee were
expected, but there seem to have beer
circumstances making the arrange
meut the best which the Albany coulC
do. Gossip Is busy now with the Fitch
burg. although nothing definite /,
heard. Almost amy one possessed of toll
cradle familiarity with the railroad mai
can start lease or consolidation rumor,
these days and they find eager listen
ers, ready to take up and to spread any
kind Of talk.
These were the.closing quotations on ths
Boston exchange yesterdayson stocks held
in Worcester and vicinity: 81 N&fW
Courtesy Kinnicutt & Dewitt, Bankers
n ma