The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-08-11
DOMINION THE FEATURE.

A stronger and more active stock
market made up Wall streets contribu-
ton to current speculative history yes
terday.
The Industrial shares were the most
prominent in the advance, and the
trading was on a broader scale than
for some time. Sugar, as usual, was
the favorite, but Leather common and
preferred came in for a generous share
of attention Lead stock, which sell
dom develops activity, advanced
points to 30, and was in good demand
on the better trade outlook. Leather
securities were strong and higher on
the prospects of an adjustment of the
accumulated dividends on the preferred
stock. The general market was firm,
in sympathy with the rise in the indus
trial shares.
The failure of the Bank of England
to advance the money rate, gave a good
tone to the opening market. Chicago
Great Western preferred rose rs and
Northern Pacific and Anaconda a large
fraction. The only declines were on
realizing sales in stocks which recently
have shown advances. Minneapolis
and st. Louis fell a point. The de-
mand was pretty good for the princi-
pal iron and steel stocks which gained
about a point Renewed strength was
evident in Oregon Navigation and Lin
seed Oil preferred. Kansas City, Pitts
burg and Gulf rose 2, and the bonds
31a points. Immense blocks of United
States Leather common were absorbed
on an ascending scale. Other special
ties were better, Peoples Gas improv-
ing to 122 and Detroit Gas was up from
So to 81. Strength became general in
the railroad list in the middle of The
day, the grangers being In notable de-
mand. Sugar rose to 164ss. Hooking
Valley preferred and Wheeling and
Lake Erie second preferred gained l
each. Pacific coast advanced tx and
Panhandle ~. Tennessee Coal touched
81, and Colorado Fuel ST.
Dominion Coal was the feature of the
local stock market 1t opened up u, at
551s, and added 11S more, to 56A, with
" reaction later. The buying move
ment, evidently, has become mildly
contagious, commission brokers having
numerous orders in it at the opening.
The successful experiments, which have
been made on local railroads in the use
of coke as fuel, have created a wide
market for the product Of the coke
and the gas works at Everett, which,
in turn, assures a large demand for the
Dominion Coal Company's coal. Curb
transactions In the Gas and Coke stock
also were heavy again yesterday, the
price advancing from 80 to BIZ. In
Quiries are being made by Gas and Coke
security holders as to why the company
does not have the stock and bonds reg
ularly listed on the exchange.
In the mining list there was contin-
ued liquidation, and a consequent sag
ging Of prices. Tamarack sold at
23O0236 Montana, $50, S56@S57. Unit
ed States lost 11s, to 27h, but rallied
again to 2851. Arcadian sold around
78Q785s. Butte was steady at rs
Quincy at 100, Arnold at Is, Atlantic
at 29k, Wolverine at 4S, Baltic at 20
Tri- Mountain at 10M, Utah at AN, and
Parrott at 81, was off q. Isle Royale
lost x, to 521z. while Gold Dredging
rose ", to sc. Boston and Maine sold
at 1870, Fitchburg preferred at 100, West
End at 951s, the preferred at 113, and
Elevated at 108. Erie Telephone was
strong at 9716, while Bell Telephone held
at S46 and Mexican Telephone at 4
United States Oil sold at 4814 @471s, anG
Mergenthaler at 205
The following quotations were made
on the Boston exchange yesterday or
stocks held in Worcester and vicinity:
BOSTON STOCKS.
(Reported by Kinnicutt & DeWitt.)
TELEPHONE STOCKS,