The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-09-01
MARKET NOTES.

The American Match Company has
entered the field with a capital of ST.
100000, and will endeavor to compete
with the Diamond Match Company in
the manufacture of matches.
Calumet & Hecla official says;
The story that the Standard Oil peo-
pie have secured control of Calumet is
as true as it ever was. AS a matter of
fact, we have been bid more than $1,000
per share, If the word of an interme-
diary is good, but the control cannot be
purchased. Regarding copper, L be-
heve 1917 is the maximum price. We
have 10000 tons which we can sell at
that figure for delivery between now
and Jan. ], 1900. 1 look to see copper
sell al Ice for May delivery, lac by Jan.
l, 1901 2nd possibly sc in four years.
Any man who figures above 1114c for
copper, in my judgment, makes a mis-
take. If it We're possible TO secure
satisfactory guarantee, we would glad
ly sell our production for the next five
years for lie per pound"
There appears to be no aggressive
bull leaders to make a fight against and
punish the bears.
John Stanton says: "There is nothing
in sight to indicate a price for copper
below 1S1ac. To be sure, Europe is
lighting the American market, but thus
far without avail
Il do not look for any great increase
in the production of copper the current
year, although the output for the last
six months may show q tritie increase
over that for the first six months.
The only thing that prevents copper
stocks from selling at prices far above
those now ruling is the lack of knowl-
edge as to how long present high
prices will continue"
London, 2.30-American stocks I'D 81
to Il from opening prices, on New York
buying and show firm tone, with mod
crate activity.
An operator, whose views on the
market have been very correct, says:
Il feel sure that an effort will be made
to boom industrial stocks during the
coming year on earnings and dividends
On this account strong people will be
interested in keeping money easy and
IN holding the market firm, so that the
public disposition to trade may not be
disturbed"
A. A. Housman looks for great ac-
tivity and higher prices in the me-
dunn and lower priced shares. Stocks
like st. Paul, Burlington, ETC., have
been absorbed for investment to such
an extent that the floating supply is al
should go on a D. c. dividend basis.
and should be selling on a 9% p. c. to a
.. c. interest return basis. Atchison
preferred should sell at so, and L be-
lieve it Will says he.
Southern Pacific should earn nearer
S65,000,000 than $60,00000O gross every
year. The road can be operated for 60
p. G. of gross earnings. The last pay
ment will be made to the government
in few days, and the stock should
gradually enhance in value
In short, l am bull on the entire
financial situation"
The $4,000 Houghton, Mich, Az p. c.
30-year school district bonds were
awarded E. H. Gray & Co. at 10S50 an
income basis of 4.30 p. c.
There is no mistaking the strong I'M
dertone of speculation There is a con-
fidence manifested by the public which
does not seem to be easily shaken by
the spasmodio attacks of bear forces.
The secret service has discovered a
new counterfeit 81 treasury note of the
series of 1891, check letter Cd The
seal is dark red, instead Of pink, and
the parallel ruling is poor, as is most
of the lathe work
Boston curb prices: Montana Coal &,
Coke 10% bid for 1000 and 10% bid for
ZOO Boston Consolidated 91h@1OA
Mayflower 5@6A; Elm River 1O@12;
Bay State Gas /; Amalgamated 96A a
STA New England Gas 81 Coke BOZ a
1914; Fortuna 40@45c; Little Tiger 81. So
Q$l.60.
The Worcester clearing house state
ment for today, compared with Che
corresponding date in 1898, is as fol-
lows: