The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-08-14
IN THE STOCK MARKET.
Lawson's 100000 Offer
President Tuttle's De-
nial-Notes.

Thomas w. Lawson recalls his form
er assaults upon Henry NJ. Whitney,
and his Dominion Coal enterprises,
(when Dom. Coal was selling at about
one-third its present price, by coming
TO the front in the Commercial Bulle-
tin with another charity offer as fol-
lows:
This fact l do know, the New Eng
land Gas & Coke enterprise is a COM
plete failure and I am willing TO donate
10 any of the leading worthy charities
the sum of 100000 if ii cannot be de-
monstrated there is not an atom of
truth in the statements which have
lately appeared through the public
press. He next says: Il have no in
Lerest in Boston or Bay State or Della
ware gas companies and have not had
any for some years, and do not care
70 cents worth whether any or all Of
them including Dominion Coal and New
England Gas and Coke, go to great
success or to the teetotal demnition
bow-wows.'
President futile of the Boston and
Maine has not yet heard of any con-
solidation of the Boston and Maine
with the New York, New Haven and
Hartford, although the Commercial
Bulletin understands that they have
practically been consolidated, a block of
Boston and Maine stock having been
bought by the New Haven interests
at $2l0 per share, and Mr.. futile Of
fered salary of $4,000 year as man.
ager Of both properties.
President futile had not heard of
this consolidation or his advance in
salary until he was informed Saturday.
President Tuttle is hospitable and
generous, physically, mentally and
financially, and he promptly offered to
divide" Or do anything that was
right except to confirm the CONNER
cial Bulletins story.
James R. Keene Saturday followed up
his bearish interview of two or three
days ago with another of similar tenor.
Mr.. Keene says that he regards the
present prices of stocks as too high, and
that he is not buying stocks at the ex-
listing level. He cannot see that there
is any present likelihood of an increase
in the volume of money. Then, too
while railroad earnings are large and
trade generally is prosperous, the prices
of commodities have advanced so high
that, in Mr.. Keene's opinion, expansion
and enterprise must be checked. The
condition of the wheat crop and the
approach OF the political campaign are
also referred to by Mr.. Keene as fac
tors making for lower prices in the
stock. market.
Charles A. Buckley, a prominent mine
owner Of Helena, Mont, at present in
New York, on business connected with
his properties, in speaking Of matters
in his state, said: 1.-THE enormous ad-
vance in the price of copper in the last
u months, together with the sustaining
of that price at practically its highest
figure, has brought great and enduring
prosperity to the state, and for the
present we are again having boom
times there, with all that that means
OF easy money and with property Of all
kinds commanding a consequently
ready market. Helena does not lie in
the copper district, and therefore shares
only indirectly in this prosperity, but
Butte is in the thick and center of it all
Tor many of the great mines are in or
near the city, and it is, besides, the nat
ural center of the state. Helena was
originally a great gold camp, the valley
1t is situated in being wholly given over
to placer mining, and to this day. as
you come to the town by the Northern
Pacific railroad, on both sides of its
track you will see endless piles OF
stones of assorted sizes, the only thing
now left to call to mind what was once
the principal occupation of the inhab,
itants. Gold still lies through all
the earth thereabouts, but it is scat
tered through the soil in such minute
particles that it now only pays to mine
as by-product. BY that l mean where
the ground has to be dug out for some
other purpose, it then pays to extract
the ore from the earth. For instance
when they built the present clubhouse
OF the Montana Club they saved all tht
earth taken out of the excavation fol
the cellar, and from this something like
$500 worth of gold was extracted