The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-11-28
OPENS BUOYANTLY.
But the Stock Market
Soon Becomes
Quiet.
GENERAL LIST is FIRM.
Fair Volume of Boston
Trading With Little
Feature.
GENERAL LIST is FIRM.

American shares were strong in Lon
don yesterday and the influence of Sat
urday's bank exhibit gave a strong buy
ing impetus at the Wall street opening.
The early buoyancy did not continue
long. however, the market having a
number of weak spots, while American
stocks closed lower in London Leath-
er had another drop, from 20A to 141s
this time, which contrasts with 40B 20
days ago. There was partial rally
Sugar fell ~ with rally of the fraction.
Meanwhile New York Central was a
conspicuously strong feature, with a
gain of two points. while c., B. & O. al
80 was in good buying demand and all
of the standard stocks held firm. Penn
sylvania rose 4, and the losses in spe-
cialties We're counterbaIanced well by
the gains. The general list became quiz
ct after the early luoyancy, leading to
the inference that there was brisk pro-
fit taking on purchases made last week
in anticipation of a favorable bank
statement. This is a holiday week and
much in the way of buoyaney hardly
tains a stubborn strength which is
most encouraging to believers in an
other period of bullish activity before
this remarkable year ends.
Atchison earnings for the month of
October give renewed evidence were
such needed, of the great upbuilding of
business on that property. The gross
gross revenue increased by SASS, 217 oy-
er the same month last year and of this
largo oil oil
as increase in net income, applicable to
interest and dividends. Sterling ex-
change rates are higher by u cent Mo-
ney rules at SOC per cent in New York
and the local premium of New York
exchange is higher, ruling up to 20 cents
this morning in the clearing house set
Elements. The Boston bank statement
shows further losses in deposit items,
with considerable reduction in loans
and increased reserve surplus, both at
home and in New York There was lit
tie feature in the Boston stock market.
Prices generally were steady to firm,
with few notable changes. Dominion
Coal rose ~, to SO; United States Oil
was off V, at 4412 Tamarack gained
AZ, to 224h land Montana l, to 326,
While Arcadian was up 11a, at 30, with
II recession. Parrot was q better, at
44B, and Mergenthaler gained u more,
to 212, later selling at I'll.
THE NEW YORK MARKET.
The New York stock market opened
strong: American Steel G. Wire 49K
Atchison preferred 66A, c., B. & @. 1891
Continental Tobacco 43R, Federal Steel
60, Leather 201a, Louisville & Nashville
S6as, Manhattan 1O4as, Missouri Pacific
491s, New York Central 1884,, Brooklyn
Transit SO, Northern Pacific 557s Peo-
pies Gas 1149s, Rock Island ia, Sugar
1881, st. Paul 1865, Southern preferred
5S1z, Tennessee Coal & Iron 115%, To-
bacco 119&, Union Pacific 50%, Union
Pacific preferred IS. Saturdays New
York bank statement, which showed a
large increase in the surplus reserve
coupled with reports of British military
successes, caused a heavy trading in
American stocks in the London mark
ct today Leading international stocks
were advanced moderately, with Penn
sylvania exceptionally prominent, ris-
ing AZ. The New York market opened
with great show Of animation and bet
ter prices all around. Simultaneous
sales of 1900 shares occurred in Penn
sylvania at from 1857 to 1877, compared
with 1924, Fridays close. Six thousand
shares of Baltimore & Ohio preferred
sold at from IS to S3%, and 5000 Union
Pacific brought from 50% to 51h
Changes in some of the specialties were
point or better in the way of i'm
provements, but. the grangers and