The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-10-26
MARKET NOTES.

The security market as a whole
shows that the big men are in
absolute control by ownership. Some
shrewd observers believe that barring
unfavorable news from abroad. rail-
road and industrial securities will CON
tinue to score higher prices, at least
until the elections, which are expected
to show large republican pluralities.
Good investment in rails; speculation
in industrials, and a general disposition
to purchase stocks upon declines. II
respective of current news, seem to be
the chief characteristics Of the mar
ket. The only discordant element
which seems to be cropping up is fear
regarding the election in Ohio.
Exports of copper from New York
Tuesday aggregated COL tons. There
arrived from Tilt Cove 2S01 tons ores,
and from Liverpool $50 tons ores, and 20
tons bars.
Watson & Gibson-We think there
will be a genuine improvement in con-
sequence of congress meeting The re-
publican party is committed to cdrren-
cy reform.
New York-The copper market re-
fleets the apathetic condition prevail
ing,
The past week has been the most ac-
tive in the steel rail market of the
whole year.
N. Y. Herald says:-It was ascertain
ed yesterday on trustworthy authority
that w. K. Vanderbilt practically con-
trolls the B & M. R. R., and that in flu
ture it will be operated in harmony
with the n. Y. c., although it is not
expected to become a part of the N.
Y. c. system. Mr.. Vanderbilt controls
the vote of $1,000 shares of stock held
a M \ 1 n n
shares which he recently picked up for
his own account, 5000 shares which were
transferred about the time of Pullman
Wagner deal, and about 10000 shares
which are held by his friends and
which will be voted as he recommends.
Vice-Pres Hall of the N Y, N. H.
& H, says that the long delayed
Bridgeport improvements to the road
are to be begun at once costing So,
100000 or more.
Consumers are not buying much cop
per for future delivery.
n. Y.-Pres. Galloway of N. Y. C. is
spending 100000 per month in strength
ening bridges and putting the road
otherwise in condition.
N. Y.-There have been transferred
| to J. d. Rockefeller Jr, 200, 600 shares
| common of the Leather Trust Other
4 large amounts of common stock will be
similarly transferred shortly. It car
be stated definitely that Mr.. Rockefel.
| Ter ana friends have obtained contro
of the company
Russell Sage denies a rumor that he
is disposing of his holdings of Manhat-
tan.
The defendants in the suit of the
Central Massachusetts Railroad stock
holders for the annulment of the lease
to the Boston & Maine have been
granted until Nov. IS to file their ans
Wer
Atchison maintains it's remarkable
showing over the big business of last
| year and the monthly gains show a
| healthy condition of the, roads.
| 1t is reported that the Carnegie Stee
| Co. may build a wire mill of it's owr
! unless it can sell a certain amount OF
! steel to the American Steel and Wire
| Co.
! The Boston news bureau says eve
! have the best reasons for saying thai
| the Vanderbilt interests do not desire
! the Boston & Maine railroad system al
| the relations existing are friendly anC
would so continue as long as the pres
ent manaRement is in power"
| Dispatches from Philadelphia say
! that there is little change in the an
| thracite coal situation. Owing to tn,
| shortage of cars the coal companies ar,
unable to fill orders. The demand il
| large and is not confined to any on,
| place. Prices are well maintained, anC
| it is said that no coal will be sold mex
month except at an advance. The scar
| city of bituminous coal, together witt
| the unprecedented car shortage, alsC
| tends to contribute its strength t.
| the anthracite situation