The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-09-01

Midsummer dullness ruled the last
day of the dullest month of the year in
the stock market, yesterday.
Prices generally were steady, but
there was no disposition to trade. Thel
public interest in the market, which
showed signs of reviving a week or so
ago, was absent.
The months history in the stock mar
ket has been uninteresting. Aside from
the movement in few specialties,
which have been manipulated by
cliques, the market has made little pro-
gress. Although the general trend of
values has been upwards, the average
gain for the month has been exceeding
ly small, as the bears have been more
or less aggressive, owing to the alb
sence of public buying.
Americans in London were higher,
and prices in Wall street generally
moved up at the opening. Missouri
Pacific Northern Pacific, Norfolk and
Western and Erie first preferred show
ed special strength. Federal Steel
stocks, after rising a fraction, fell off
again, the preferred to the extent of a
point. Atchison preferred and Inter
naional Paper were also lower. The
upward trend of prices was soon ar
rested by a concerted attack on the in
dustrials, some of which weakened
badly. The Tobacco stocks We're most
affected, Continental preferred losing
31a. Liquidation in International Pa
per forced it off as much, and Sugar,
Brooklyn Transit and some minor is
sues received considerable attention.
Railroad stocks, while easier in sym
pathy, yielded stubbornly, and later
cfiffprad "a RtITliT1 crtOn'E good
July statement carried it to 1877, but not
much response was made by the other
grangers, except Omaha, which adj
vanced ~. Local stocks We're bene-
flied by six-point rise in Consolidated
Gas. Republic Steel was active and
rose two points. There was covering
in the industrials, but the gains We're
unimportant, outside Of Sugar and Peo-
= pies Gas. A demand for Lackawanna
prompted some buying of the coalers,
Colorado Midland preferred led the
lowpriced stocks, gaining two points.
In the early afternoon Consolidated Gas
was feverish. mounting to 1922. Con-
tinental Tobacco preferred went off
over a point on realizing with the divi-
dend announcement The general mar
ket continued dull and rather irregular
within narrow limits.
With the exception of a few special
ties the local market was dull CO.
declined to 1874, at which point support
ing orders appeared and it rallied to
1917. There has been considerable in
quiry of late regarding the quicksilver
properties, by reason of the advance in
the metal and the prospective increase
in the dividend to be paid by the quick
silver mines this fall. Dominion Coal
advanced a point, to 541a, on the execu-
ton of five hundred share buying or
der In the outside market, New Eng
land Gas and Coke advanced points, to
S3A. on comparatively small trans
actions. This is the first activity dis
played in this stock for the past few
weeks. New England Telephone was
UP points at $50, on the buying of
less than a hundred shares. Some Bos-
ton houses were advising the sale Of
stocks this morning for a turn, in view
of a prospective bad bank statement
and possible foreign complications. b.
nanza was active around rs and q.
East Boston fell off from IL to 10, rally
ing to 10ss. Old Colony was up !, at
POS while Calumet held at $40. New
York was a buyer of c., b. e Q. on the
good showing which theeJuly statement
of the company made. Bell Telephone
lost l, to 562.
The following quotations were made on
the Boston exchange yesterday on stocks
held in Worcester and vicinity: