The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-05-17
COPPER UP AGAIN.
Copper Range and
Arnold Stocks Rise
in Boston.
PRICES ARE FIRM.
Home Specialties Quiet
General News and
Notes.

There was quiet but firm stock mar
ket, both in Wall and in State streets
yesterday.
There were no new developments, and
volume of business was small, by COM
parison with the average of transac-
lions of late months. But a cheerful
temper prevailed, and as the Flower
spedanties were strong, recording sub
stantial gains, the general list showed
an advancing tendency, and held I1rn
all day. Tobacco was up 6, Sugar q,
Peoples Gas "a and Brooklyn Transit
2ss. There was an entire absence of
excitement at the opening Of trading,
and changes were confined within a
point. The Flower stocks rose uni
formerly. about Y. Changes otherwise
were exceedingly irregular, a number of
the international stocks showing de-
clines In sympathy with London. Me-
tropolitan Street Railway opened down
a sharp fraction, but rallied vigorously
25a points. Tennessee Coal and Iron al
so recovered quickly the opening de-
cline. The tendency generally YVES up
ward after the opening. Decided gains
were made in the number ofstocks oman
increased volume of purchases. Metro
politan sold up to 229 and Sugar, To-
bacco and the Flower Issues also made
material progress in the second hour.
Among the railways, moderate buying
of Atkinson preferred, st. Paul, and
C. b. & Q. carried them up wen.
The bullish sentiment became more
pronounced as the day wore on, many
of the minor specialities and railroad
stocks rising materially. New Yo'K,
Air Brake was an exception, with a
drop of 10 points. Most of the more sub
stantial gains We're made by the high
priced specialities and the Flower
stocks. The Pacific group was more
prominent than for some time, Central
Pacific and Southern Pacific selling up
about three points.
Railroad bonds were in good demand,
but the gains in the active issues were
small outside of Atkinson and WiScou-
sin firsts Shares Of local corporations
were the chief bull selections In the af-
ternoon. Consolidated Gas being ad-
Vanced to 100 and Brooklyn Transit to
1121a; elsewhere in the market there
was a gradual appreciation in valales,
despite the quiet Of the dealings. Lon
don operations were rather tight
scarcely exceeding 10000 shares. with a
preponderance Of sales.
Boston had a good market in that
prices were steady, while one or two
specialities made distinct gains. Ar
mold Mining ran up frem 9 to 12 and
Copper Range from 41hf to AN, the lat
ter reeeding to 46 Mining stocks gen
orally hardened, although the market
was narrow. Areadian gained / TO SO,
and Butte 2, to 81, while Franklin, after
touching 21A rallied to 233s United
State was q lower, at 21k; Old Domin-
ion lost u, to 411a but rallied TO 42is
while Isle Royale was up ~, to 5biz.
In the general list, 1900 Chicago & West
Michigan IS sold in the morning. with
price up ! more, at 50; Flint & Pere
Marquette preferred was lower, at e.
Detroit, Grand Rapids & Western pre-
ferred held at IS: Memphis & Birnaing-
ham Is were strong at 80, Fort Scott Is
holding at SO. There was a fair amount
Of buying in c. b. & O., Federal Steel
and Atkinson preferred. Stock Yards
was up IL more, at 149; New Haven &
Hartford hardened =. to 2121s and Bos-
ton Elevated was taken quite freely at
10Sk G10S: Maine sold at 1S5 and pre-
ferred at 40. with Maine Central at 165
and one share Of Providence al 800.
Rutland SIS sold at los and Erie Tele-
phone rose 3. TO 80, receding TO 9S,
Michigan receding 3, to 50. Mergenthal-
er was Z better, at 200lz and Dominion
Coal rose 2 to 531s.
The following quotations were made
on the Boston exchange yesterday on
stocks held in Worcester and vicinity: