The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-08-24
MARKET NOTES.

The story, as Wall street heard it, is
that Keene has promised to whip
around to bull side if given chance to
turn in the market and change his po-
sitlon without disastrous results such
as might have occurred had he at
tempted to cover his shorts openly and
without agreement with his opponents.
London-Leading Americans higher
or good American and local buying.
The Arcadian is getting better than /
per cent copper at present. Arnold has
begun its third shaft 800 feet south of
No. / shaft.
1t is announced on the authority of
representatives of both the Iowa Cen
tlal and thu c., B. & Q. that negotia-
tons are in progress looking to the
sale of the Central to the Milwaukee 6.
81. tEaul and Burlington systems. 1t is
staIed that the Burlington proposes to
take the main line running from Os-
kaloosa southeast to Peoria and the
Milwaukee & st. Paul to take the north
and south line from CenterVille and
Hanley and Belmond.
The corn crop is going to be so i'm
mense that the attention of spectators
turns naturally to the corn carrying
railways. Some very good judges think
GACGllSlll
speculative purchase.
The worlds wheat visible Aug. 1 per
Corn Trade News of 1874, 500, 900 compares
With 7O,OS0,000 last year, II 900, 900 two
years ago, 124,240,00 in 1896, 1853, 040 900
IN 1885. 1l4,4SO,000 in 1894 and S.24O 900
in 1893
A waxed paper combine is being
formed by Standard Oil folks it is said.
j, L. st. John, who is organizing it, has
1e
the United States.
Chicago-Dec. wheat opened 741h OIL
up rs; Sept wheat 71B, up Is.
Anal. 96Q97; B. S. G. "a.
Mr.. Cameron of Cameron 6, Moves
has returned from the Little Tiger
mines. He says there is a ledge 200 feet
wide running nearly across the proper
W, ana opened down $50 feet. It aver
ages $40 gold per ton. There are also,
ne says, three assure veins, averaging
TOUR TO five feet wide, running from $50
to $50 to the ton. A contract for 10 adj
altlonal stamps has been awarded.
"A New York rumor has it that w. A.
Clark has sold his United Verde for $780,
UOO,OOO. Name of purchaser is not Civ
en- anhough it was known that Senator
clark was negotiating with French
capitalists at the time the Amalgamat-
ed Company was f1oated.
ny NC" 1OIh evening Post, in COM
menting upon the Brooklyn Rapid
transit statement says: While the ac-
tlon OF the management in making a
report IS certainly commendable, and
the exhibit comprehensive in many re-
spects, it cannot be said that the state
ment thus far submitted is by anv
means complete, nor is the situation it
sets forth one which can bring any
present satisfaction to the security
holders. Not only are the surplus for
the nscal year and part of the accumu-
lated surplus of $215,500 absorbed to nav
oid DEBTS OF constituent company, and
TOT new equipment and construction.
out stockholders are also told that a
small floating debt, in amount not stat
cd is still outstanding on the Nassau
me: The management's statement
reads more like a prospectus than like
an annual report, for all the profits are
10 accrue IN the future. Fair criticism
OF the report, of course, must take into
consideration the extremely bad condi-
eloL IN which the lines were when taken
IN hand, and the improvements ALREADY
manifest in Brooklyn surface road trav-
Ell at the same time, in view of the les
son which every trolley road operator
Knows TO his cost, namely, the rand
ceterloratlon of rolling stock, if is an
open question whether income account
Tor long time must not be heavily
charged with the replacement of old
cars by stronger and more modern
equipment. N'ei Il