The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-03-10
Trade Was Extreme
ly Light.
SUGAR DIVIDEND.
Doubtcrs Afraid it Was Not
Earned.


stock market Yesterday. Men on the
street are figuring on the possibilities
Of the money pinch between now and
April I. and. as a consequence. public
buying Of stocks is diminishing. In
Boston broke quoted gilt edged re-
ceivables at 81 TO 4 per cent and cor
poration paper as low as 3 per cent.
In New York money on call was quoted
at 21a per cent
On this end of the line yesterday
there were one or two strong special
ties. but the market. as a rule. was dull.
In Wall street it was marked by con-
tinual fluctuations Of no material CON
federation either way Brooklyn rand
transit made gain, but the general
list was neglected and sagged, partic-
ulariy the grangers. The total sales
OF shares during the day was go. 722;
bonds. 1896. 600.
Sugar opened up at 143 / point up
from Wednesday, climbed to 144f5,
cropped to 1921 and closed at 143.
point above Wednesdays close
The Steels held steady. Common be-
gan at 63iz, gained half-point for
high mark Of the day and closed at
63S4, u point above the previous day.
Preferred opened at lO4 gained a and
closed p under that point
Federal common fuctuated between
PA at the opening TO 517g at the close.
High mark was 52zs. Preferred kept
al - ana fraction all day, starting
al sS1s and closing with a gain of n
Brooklyn Rapid Transit opened
point up at 95, sold at 961a and closed
4 below, points above Wednesday.
The coalers We're not very active.
Wheat opened at 7O3s a7OA and closed
One of The features at this end Of
the line yesterday was the rise in
Utah, Ia 10 49, Miners sold as high
as b5 Utah dropped nearly four points
before the day closed. Over 1000 shares
Of the stock changd hands before noon.
centennial was up at So "a vita
recession to SO IA; Isle Royale gained
IL TO 70 IA, but fell back 81: WoIver-
inc was up l - at 40, but lost all Of
he gain; Atlantic lost 3, to "a, rally
ing TO 35; Osceola gained 1-2 to "a
easing to 90; Old Dominion was up "a,
at Al, receding to 40; Parrot rose ,, to
49, with reaction OF l; Santa Fe hard
ened "a, to i "a, settling at II 1-2 in
late dealings; Winona was 1-2 lower
AT IS; Rhode Island hardened rs, to Is,
falling back later to ia; Butte lost IL
to SO IL. recovering to 80.
The advance in Dominica Coal made
further Roadway, price rising ! Sd to
~ IL on brisk buying. Tine preferred
sold at 100. The stock rests on gen
uine merit and is amply rewerding the
confidence Of its friends. The profits
Of the business are increasing and will
earn still more, and the surplus oVg'
preferred dividend already is large.
Now that the regular quarterly Sugar
dividend has come and gone, the street
is worrying over its integrity, whether
it was earned or not. On Tuesday Mr.
Havemeyer privately declared to his
associates that whatever the directors
might decide about the dividend, he
knew for certainty that not a cent
had been earned this quarter on either
the preferred or common stock. This
may be true. But il is equally true that
there is not now nor has thsre been any
war prices in progress. Al relneries
have been selling their products at the
same figure and several times in the
past few months when the wer-of eX-
termination was supposed to be on,
that figure has been advanced. it may
be that even in the face If these fig
ures there is no profit in the business.
But nobody can take these facts into
consideration and find in them any be
lief for heavy losses.
The following quotations were given
on the Boston exchange yesterday Of
stocks held by Worcester Investors:
RAILROADS.
Atchison ACKNOWLEDGEMENTS, y
do preferred Observation-Disclosures. 81
Boston d Albany ...-........'...'..'..''..Z43
Boston e. Lowell .........................233
Boston 81 Maine ...........................lIO
Central Massachusetts ...............,. 15ia
do preferred ...-.........,. ....,.........., 6S
Chicago, Burlington &c Quincy. 1f0IG
Fitchburg preferred ........''.-....'...n4
Mexican Central ACKNOWLEDGEMENTS.
New York, New Haven 81 Hartford. 205
Old Colony ..'.....s...'....GD
nj
West End :'t.'''''''s'.' '''''''-'''. w
do preferred ............................
BONDS.
Chicago, Bur e Quin convert 5s......139
Chicago, Nil e st Paul IS Dubuque 1870
Boston United Gas % 5s....,,..,....,.. 20
MINING COMPANIES.
Adventure ....:..'.....'..'s.........' l4I2
Aetna QUICKSILVER ...................... 3I2
Allouez ,'.'..s..'....''.''.,.... il
Arcadldn % e
Arnold ....''..''s''s'.'''' '.''..'''.'..'..' va
Ash Bed .................,......,.... rs
Atlantic OBSERVATION-DISCLOSURES, 3512
Baltic ~
Bondlza ...,......,...'s.s ......,..,,'.,,,. Us
Boston a. Montana ,,,,....,.,.........,36S
butte d Boston ACKNOWLEDGEMENTS, -
Calumet d Hecla .........,...,,.,..u...16O
Centennial .......,.,.............,"... 53ld
FRANKLIN 2Jii
Gold Coin Mines Observation-Disclosures, ia
humboldt OBSERVATION-DISCLOSURES 2la
.aoHdWh .'.''. ''''s'''''''s z'3s
New Idria quicksilver ...,........... 10
old Colony "COPPER" .......,'..,"...,,.,..,. II
Parrot silver and copper ......,...,... 4jla
Plone"r tgoId) .,,...,,,,.,..,,,,...,...... ga
quincy u.u,,,,.".,...,.,.,..,,.,.