The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-09-08
: FINANCIAL AND COMMERCIAL.

sugar fight, and none is contemplated
in the immediate future by Mr.. Have
meyer and his friends"
j. 5. Bache & Golf money continues
| to rule firm We do not look for much
| further advance in the regular railway
| list, and think sales on bulges will be
| the safest course to pursue.
The single stamp now running at Ar
| cadian mill is treating nearly but not
quite 600 tons of rock daily, and is OBJ
| tanning therefrom 10 to u barrels of
! mineral, The mineral from stamp
rock is dressed to a much higher per-
| centage in some mills than in others,
but indications are that Arcadian min
eral will run rs p c. at least, and prob
ably about so p C. ingot.
London, 2.30.-American market and
in fact all markets are heavy, owing to
less favorable appearance of political
situation.
Exports of copper from New York
and Baltimore yesterday aggregated
34S tons.
There is no doubt that the market
has been fought by organized opposi-
ton several times in the last so days.
The impression made by it upon prices
has not been great. On the contrary the
selling of stocks on this account has
invariably resulted in some sort of dis
aster to the bear interest.
President Fay of Centennial says:
THE Osceola lode in Centennial never
looked better. The striking of rich cop
per rock in No. l shaft has added very
much to the value of that lode. The
Kearsarge lode in Centennial from foot.
to hanging wall should run p. c. min
eral. The lode is about 20 it. wide"
Copper advices from abroad show
some slight change in sentiment in
certain foreign quarters, and the feel
ing is that existing reserves are too
small.
President Robinson Of the Mexican
Central Railway Company arrived in
Boston Monday, and General Manager
Nickerson Of the same property
reached there Wednesday Assistant
General Freight Agent C. R. Hudson of
the Atchison road has just been ap-
pointed general freight and passenger
agent of the Mexican Central to sue
coed Adam Hoffman, resigned because
of poor health, and will assume his
new position on Sept. Is. The two de-
partments will continue to be managed
as in the past, and will not be separated
for the present at least.
President Fay of the Old Colony
mine states that at the moment the
most important work on the property
10 lilc ullNlllS VI lIlc lullleI, WHICH Is
prosecuting the various lodeS under
lying that property. Mr.. Fay says:
This tunnel was started at the eastern
extremity of the property, in fact, az
most on the sandstone. The rock first
passed through was very much broken
up and disordered, but since the tunnel
got into solid rock the character
changed, and last week it showed a
lode well charged with stamp rock and
small masses. As soon as the hanging
wall is found, either winze or an ex-
ploration shaft will be sunk on this
lode, and while the tunnel will be ex-
tended further west, explorations will
continue to determine the value of this
lode. A small compressor and boiler
win soon be installed there, when prog
ress will be much faster.
The Worcester clearing house state
ment yesterday, compared with the cor
responding day in 1898, is as follows:
1898 1899.
Clearings ........ S197,S59.64 S223, APO. SO
Balances ........ 74,594.S4 41009. so