The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-09-06
MISCELLANEOUS srocKs
MARKET NOTES.

IE-SlleNL n. r. L ay OF the GeulEallldl
and other copper mines has returned
from an extended trip to the Lake Su-
perior copper district.
In the outside market New England
Gas & Coke sold at 32ss G33. and the IS
at Sc; ANA lgamated 96A a97; Mayflow-
er 5Aqs; Elm River 119Ia; Bay State
Gas 1851; Fortuna 42tsc; Little Tiger
sl65; Boston Consolidated 8s4@91a.
An official statement of Car & Foun-
dry Trust gives net profits from March
to July 81, S1,23S, 5sS. On this basis
earnings for a full year will be about
s2,9l3,000, p. C. on preferred calls for
S2036,S 900, leaving surplus for possible
dividends or common stock about
$3.50. 600, or a little over per cent.
An active member of the n. Y. ex-
change says: 1T is very clear that
there is an active bull party at work
in the market, which wants prices high
er. l see evidences of it in a number
OF stocks. 1t looks at times as if Nor
gan influences We're being used to adj
vance prices. What the outcome viii
be, of course, I do not know. It hard
" looks, however, as if much follow
ing can be secured now for an early
autumn boom"
Omaha, Neb, reports the condition of
corn has decreased at least 20 o. c. in
the last five days in Nebraska by rea-
son OF the excessive heat and that the
condition Is decreasing at the rate of
"a p c. a day.
Morrison, Kekewich & Co. write
Messrs. Corey, Milliken & Co. as fol-
lows: The large deliveries of copper
curing the first half of this month have
caused considerable comment. and for
the whole month record is expected,
winch does not look as if high prices
We're interfering with consumption.
tedsral Steel sold at 81 when biIlets
sold at SIS per ton. Now it sells at 60
with billets at S36.
The advance during the first hour
was caused partly by strength In ghe
vanderbilt stocks and partly by small
oKeflngs around the room In the
srangers and Pacific stocks when brok-
ers tried to buy they found light Of
Ierings near the market Big four was
bought by what We're called inside in
terests following the lead in Northwest.
II Is asserted by authorities in the
matter that there will be no distribu-
ton Of dividends on Missouri Pacific
stock this year. The company has suf-
hcient cash for that purpose and under
ordinary circumstances might be con-
sloefed SAFE in declaring a dividend. II
Is MI Gould's policy, however. TO main
panies hereafter. The Missouri Pacific
mas today the largest amount of 9asl
on hand, after meeting Sept. 1 pay
ments, that it ever has had at tbis
time in its history.
The annual report of the Northern
Pacific, to be published shortly. vii
snow earnings on the common stock
Tor the year equal TO 81 per cent after
charging off something like 1 per cent
LOT improvements and betterments, Sc
| that the real earning capacity of fhe
property may be estimated in lht
neighborhood Of per cent.
Comptroller Dawes talks about put.
ting the currency of the country on :
| gold basis, as if it were not already or
such a basis. The present conn.
troiier does not appear to have as LUCID
a comprehension of the currency cues.
Ton as dtd his predecessor, Mr.. Eckels
we Lave noticed that his expression,
nave not been altogether orthodox. anc
mat ne mas not always been in acoort
| with the accepted principles of CURRENCY
reform. 1t is, however satisfactory IL
near from a member of the president,
oIIlclal family that any currency legis
| latlon is robable.-Hambleton x CO
Inc merchants and manufacturers O.
| the United States are making money
ana money breeds money. They hay,
suIpius FUNDS which they can play witt
OUTSIDE, and we believe that Wal
street Will become their favorite plav
| ground. Watson q Gibson.
Calumet & Hecla Mining Connnanv III
| rectoTs today declared a dividend n
$40 per share, payable Sept. 20 to stock
holders on record Sept 6. This is III,
third dividend declared this year max
ing the total since Jan. / $50 per share
/ bringing the total disbursements sine
the BEGINNING up to $63, $50. 900. TN
previous dividends this year were 81
June ~ and $40 March %. In 1898 IS
per snare was paid in FIVE $40 install
ments. l. IS quite probable that anoth
er ~ dividend will be paid this year
twelve months, or 400 per cent on til
Il par value of the stnnIr -