The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-12-30
MARKET RECEDES
Dealing in Stocks Was Compare.
lively Light-More Gold Co.
ing Abroad Today
BOOM IN STREET RAIL
ROAD BUILDING
Boston Market Dull and Inclined
to Heaviness-Copper Share
Prices-NeWs and Notes

The stock market trading was COM,
parativeiy dull and prices were heavy
in tendency pretty much all day
Another engagements of gold for ex-
port today was announced, 81, 800 900 by
HeidelbSch, Ickeiheimer & Co, making
$2S5O,0o0 in all today, as the other for
eign bankers will not ship The Bank
of Montreal shipped $500, 900 gold to
Canada Thursday. The November earn
ings statement of the Chicago, Burling-
ton & Quincy railroad was a factor
used against prices, the net earnings
decreasing from last year as the resui:
OF material increase in operating cost.
Some of the specialties recorded good
gains in the early Wall street dealings,
but these were lost to good extent later
IN the day, Sugar receding "a, Tobacco
2H. st. Paul l and Chicago, Burlington
q quincy rs. Sugar rallied and Chi
cago, Burlington & Quincy H. A 21b
gain in Baltimore and Ohio was noted
and pennsylvania ran up 2, losing 1
later. Pacific Mail hardened Ia and
Louisville and Nashville Ia The mar
ket, averaging it up, held quite well
Boston had narrow and dull mar
ket. Perhaps the strongest feature was
Central Oil, which advanced ia to 215h.
The company is doing so well; attend
lngt business and making highly salts
FACTORY profits, meanwhile paying per
cent dividends, that it certainly was en-
Titled to appreciation. Considering the
thorough decline of the last month in
Bos n specialties generally, Central
Oil has neld up remarkably well. Apart
from the stock market side of the case,
the company is more than realizing the
warmest expectations of it's projectors
and stockholders. United States Oil
held at %, Par. OF Mining rose u. to
S8h; otherwise there were no changes
or importance in the mining stocks,
which were dull indeed. American Zinc
was ND l, at 16. Rutland common APP
peared, at y Kansas City, Memphis and
birmingham As were up IL, at SO, and
Chicago and West Michigan 5s gained
l. to SO. North Michigan SIS leading, at
TIE NEW YORK MARKET.
The New York stock market opened
irregular. American Steel and Wire as;
Atchison preferred, 597s; Burlington.
121as; Federal Steel, sos Leather 1879:
Louisville and Nashville, rs; Manhat-
tan, 9S%; Missouri Pacific, 39% New
York Central. 1904 ex-dividend; Brok-
Ign Transit, TN Northern Pacific, sly;
COPlS > NTdo, 4VA7S, ROCK lSlanQ, JU034
ex-dividend; Sugar, 12Ssz; st. Paul,
ll17%; Tennessee Coal & Iron, S3A; To-
bacco, J9a4; Union Pacific, Az; Union
Pacific preferred, 1872. The market
opened with very irregular tone All
of the leading spetTalties showed sharp
gains On the first transactions. but in
the cases of Sugar, Tobacco and Brook
.yn Transit they were extinguished al
most Immediately, Sugar falling IL be-
low last nights level. In the railroad
list Baltimore and Ohio preferred
showed gain of III; otherwise changes
were fractional and mixed.
Considerable activity developed in the
market and prices improved substan-
italy in many cases. Sugar came back
to the opening figures and Brooklyn
Transit hardened a point above the
best. Other local issues were up from
TO 8, with Metropolitan Street Railway
leading. In the railway division Balti-
more and Ohio led in point of anirna-
ton with a two-point rise, and Bur
lington. louisville and Nashville, Penn
sylvania, Big Four, Delaware and
Hudson Reading first preferred, and
the Wheeling and Lake Erie SYM
pathize6 to the extent of 1Q21s. The
market was broad and stocks were
taken with confidence. Realizations in
the hign-priced industrials caused a
setback, but some stocks resisted the