The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-12-28
Stocks.
Market Notes

Paul Morton Atchison of the Santa
Fe R. r., may be asked to accept the
position Of president of the reorgan-
lied K. c., P. & G. The plan is to have
Hill come into Omaha with the Great
Northern and make connections with
the Omaha and st. Louis, which in turn
connects with the Gulf road at Kan
sas City, thus giving a complete line
from the Gulf to the Pacific coast Com
ing east the combination would have
the Omaha and st. Louis road and at
the latter point the Hill system would
again come in. By means of the B, &,
0. S. W., they would get from st. Louis
to Cincinnati, and there connect with
the B. g. o., which would take them
east to the Atlantic coast.
This investigation into the B. R. T.
fake stories in New York is developing
into quite matinee. Forty members of
the exchange have been subpoenaed to
come in and tell what they know.
Gossip reports the coming declaration
of 1-2 p. c. dividends of Fed Steel
common, or ga in all. The most cheer
full situation is the undoubted demand
for odd lots and stock for investment
purposes for which cash is paid. In one
house the past two days extra clerks
have been set doing transfer work,
while IN another the addition of two
long tables in space ordinarily devo-
ted to clerical operations of that sort
indicate the demand.
The break in Nov. 1879, was insig-
nificant compared with this last one.
Metropolitan has fallen 1872 points, B.
r. t. Z IL, Sugar and Tenn. Coal 81
each, COnsol. Gas. So, Paper Trust 81
and many others from 20 points each.
Broker Jim Keene is still bearing the
market, He predicts the excitements of
1899 viii be succeeded by down markets,
anguish in business and generally de-
pressed conditions. I'VE have money
enough in the country when business
and enterprises are strong, when bust
ness springs into activity, as it has
done the last two years, due to our
very valuable International trade, and
money becomes active and is found in
volumes absolutely insufficient to meet
the requirements of the people who en-
courage in trade and speculate. We
must get much further back in prices
but on basis where the public which
specuiates and the investor who in
vests will feel confidence in again en-
tering The market"
There are 1902 banks in the country
that have deposits of S5,000,000 and
over The National City bank Of New
DIX lSduS- VII LII SlUSS uepOSll5 Oh 9llo,
$4,000; the National Park, New York
second with deposits of $52, 273, TOO The
First National of Chicago comes next
with $43 630,10O
Other banks with deposits of $4,000,
900 and over follow in this order: Han
over New York, $43, AIS, 500; Chase, New
York. Sal, 434 100; Western, New York
$34 449, 500; First, New York. 1872, 1892, 700;
Fourth New York s27, SOC, 800; Chemi-
cal, New York, 1927, 463, 300; American
Exchange, New York, SIG. S2O, 400; I'M
porters and Traders, New York, s24,-
626 900; Bank Of Commerce, New York
$24 410, 100; Bank of Commerce, St.
Louis, S24. 346 900; Fourth ST., Philadel-
phia s23,550, 800; Shawmut, Boston. $685.
422 300; Continental, Chicago, s22, 027, 200;
Bank of the Republic, New York city
S21, 677, 700; Bank Of Commerce, Kansas
City, $40, 53S, ZOO
There are 80 banks in New York that
have a capital Of 81, 900 900 or over; Il
in Chicago, in Philadelphia, II in Bos-
ton, III st. Louis, in Kansas City, 4
in Pittsburg, in Denver. in Milwau-
kee, 8 in San Francisco, 2 in Baltimore
2 in Cincinnati, in Indianapolis, in
Omaha in st. Paul and l each in
Scranton. Jersey City, Cleveland, De-
troit, Albany, Portland, Washington
Pueblo and Minneapolis.
A loan amounting to s4.7S7.50 at Gard
ner. Mass, was awarded to the Gard