The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-09-19
MISCELLANEOUs STOCKS.
MARKET NOTES.

A X. Flower says in an interview.
The fall in Rapid Transit is due to the
general depression in the market. It is
not true that Flower interests, so called
will break from B. r. T. 1t will CON
-tihue to hold and to protect it.
A private cable to-a Wall street house
from London says: War is hardly avoid
able, but we believe it win affect onlv
kaff1rs' and them only momentarilv.
4ne OF the large bull interests saws.
Ihls is only en- incident. There are
TeIalses in all bull markets. Those
VINO were great bulls are now tempo-
taly pears. They will probably be
pulls again when they see an opportu-
i Ltss 70 make money more easily on the
ket." "a Tie mar
Fhere is a strong belief that the pre-
sent week wIA be a critical one in the
STOCK market, recording lower prices
ana continued liquidation In oyerhIilIed
STOCKS. That kind of selling has been
the feature to the market for several
Gays, but 1t is felt that many thousands
OF shares OF weakly held stock will have
70 De marketed before the downward
moEenasnt eliminates. :
.o-N ~kNS' q SOs--Ane DulkS have had
aeeson g reel dSappointed-foref
GontpAcataons, no increase in the ST
Paul dividend, and tight money. In
view of these circumstances. esnecial1.1
per cent money. it might be wondered
thal 1lho panic had not been the re-
sat Certainly, New York Is shout
derlng many industrials, and the banks
would have been Justified in discrimin-
aIlng even more severely. The big
men cannot lqan money and carry large
lines of stock also.
Friends Of Q. P. Clark in New Haven
90 not feel at all sure that 7
Morgan will have an easy time in s,at
ting Mr.. Clark side-tracked SO that he
can put his own man, @. S. Mellen at
the head of the road.
Morrison, Kekewieh & Co. write from
London Sept. 8: Cooper has NEARLY
maintained last weeks advance great
steadlness being noticeable, notWith-
STANDING the unfavorable political out
look closing with spot standard e76
los, three months EFT. The American
posltlon remains strong and unaltered. p"
Gross deposits Of the New York city
600. and June 80. 1852, Ss7, 100, a. decrease
OF $lO6,lW, 100. This is the first time
In years that the banks have shown
such large shrinkage in deposits he
tween the calls of the COMPTROLLER of
the currency Some OF the banks have
lost almost so per cent in gross de-
posts. When the comptroller called
Tor the condition of the banks in SEN
.ember, 1893, their deposits were $685.
o4S, 40O, SO that the banks Sept. 7 had
lol'oSz.SOO deposits in excess of a wear
ago. The banks Sept. also SHOW a
railing off in loans as compared with
June 30. The decrease was nearly SAT
100000. This indicates that the banks
decreased their deposits by contracting
their loans. .
The matter of choosing a successor
to President Clark of the New York
New Haven and Hartford Railroad IL
now in the hands of a standing com
mittee consisting Of President Clark
wee President ]. M Hall, William
Eockefeller, J. 2. Morgan of New York,
inson of Hartford c. F. F. Choate of
Boston and w. D. Bishop Of Bridgeport.
Boston. curb prices: Amalgamated 90.
Bay State Gas N@15-16, Centennial
Eureka 3SQ35, Montana Coal and Coke
IL, New England Gas and Coke 80, For
tuna SOC, Boston Consolidated 8.
The price of envelopes and paper has
taken an advance of from ten to twelve
per cent within the past week. While
d COMMUNICATION is TO blame for the in
crease in prices of envelopes, there has
been no combine formed in the case of
manufacturers of fiat paper, but thew
ore working together to protect them
selves, Heretofore, there has been a
net profit to the manufacturers of about
per cent only and they deem it adj
visable to bring prices UP to a uniform
rate.
The Worcester clearing house state
ment yesterday, compared with the cor
responding date in 1898, was as fol-
lows:
1908 1ooo