The Worcester spy., 1899-11-18
The Boston Market
Was Ruoyant
v----4
Yesterday.
MINING STOCKS WERE UP.
The Volume of Business
Large-Prices
Higher.

Boston had a good market yesterday
for the first time in three months, so
far as the mining stocks are concerned.
Trading broadered out buoyantly,
the total of transactions was large
some commission buying aided in ad-
vancing the old-time favorites and
pretty nearly all Of the copper group
participated. Probably the liquidation
has been thorough enough to satisfy
the, powers that be, and a rise is per-
mitted at last after weeks and even
months of depression.
The pressure is removed and up shoot
the mining shares-not because of any
change for the better in metal trade
conditions, the speculation in shares
having cut loose long ago from statis-
tics or from conditions of demand and
supply in the metal, but because the in
terests which have crowded out weak
holders apparently are satisfied. and
now the word is passed to get aboard
for another bulge; the mouthpieces of
the manip dlators go on record with pre-
dictioDs of high prices, recalling the old
Gays OF last spring, when the same were
advertised SO freely; Amalgamated is
put down for 125, Anaconda for 75
Butte 120, Parrot 80, Montana 500, Cen
tennial co. Arcadlan rs, before Feb. 1,
and so on ad nauseam.
sReally, the fall in copper shares from
the high prices last spring was out of
ali proportion to actual market condi-
fions and prospects. The element of
beld, manipulation, the Amalgamated
eensation and the public prediction bus
hess caused public disgust. Copper
fhares ought to be susceptible of good
measure OF Improvement under natural
financial and general market conditions
particularly now that the money mar
ket Is easier, and we look for a better
record in many of them, but this old
and discredited game of "whooping up
boom" by predicting definite figures
is too transparent to tempt the badly
bitten weak holders again, after their
recent ''shakeout." Merit is more likely
to have weight in a revived copper
share interest
The New York stock market opened
irregular, American Steel g. Wire 4834
Atchison preferred 66%, c.. B. & O.
1S3%, Continental Tobacco 43A, Federal
Steel 5s, Leather 2412, Louisville &
Nashville STA, Manhattan 1854, Mis-
souri, Pacific 49A New York Central
1s7&, Brooklyn Transit S9A, Northern
Pacific 551a Peoples Gas 1885, Rock
Island 113A, Sugar 15s1s, st. Paul 1855,
OoutuSTH preferred 0f94, TOBACCO ll912,
Union Pacific 50A, Union Pacific pre-
ferred 77%. There were mixed changes
in prices at the opening, the range be-
ing confined to small fractions. The re-
alizing was very manifest in some of
yesterdays most active stocks, South
ern Pacific and Union Pacific selling on
a scale downward at the opening Prof
it-taking sales caused a general set
back, but the losses We're not large out
side of Sugar and Tobacco Prices then
hardened gradually, conspicuous
strength being shown by Baltimore &
LOhio issues, Union Pacific, Continental
tobacco, Federal Steel, Peoples Gas,
Pacific Mail, Kansas & Texas preferred
and st. Louis, Southwestern preferred.
The following quotations were made
on the Boston exchange yesterday on
stocks held in Worcester and vicinity:
II" B sToN oCKs.
(Renorted bl- Kinniclltt e Dewitt 1