The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-05-25
STEELS FALL DOWN.
Dullest Day In the
Market Since
January 1.
The SUGAR WAR ON AGAIN.
Boston Operations Were
Featureless-
Notes.
We're

wednesday was the QuIleSC DAY thus
far in 1899 in the stock market, both
in New York and in Boston.
Little variation was shown in fuc-
tuations and the dealings in both mar
kets were narrow The prevailing tone
was heavy, but losses were slight and
no feature developed.
The impending long holiday, from j.
m. Saturday to 10 a. m. Tuesday, IN
duces a state of quiet, as holiday con-
ditions generally do, in addition TO the
general desire for rest and recupera-
ton after the recent speculative excite
ment. Everybody talks lhearish en-
Wall street and many did so in Bos-
ton, but this was not bad condition.
Plenty of company on the short side
will bring good upward turn soon.
At the moment there is no other in
ducement to buy stocks on this slow
market, and everyone appears to be
waiting.
Trading in the specialties was fever
ish and irregular at the opening Su-
gar was pushed up nearly two points
and Brooklyn Transit advanced sharT.-
ly. Anaconda. American Tinplate Steel
and Wire preferred and International
Paper preferred showed losses of / 70
points Railroads generally showed
small gains, which extended to over
a point in Canadian Pacific. Minneap-
oils, st. Paul and Sault Ste Marie was
an exception, with loss Of 1-2 points.
The specialties f1unctuated widely, but
generally turned to higher level af-
ter the opening. Business in railway
shares was larger than of late. Tie
al hW he
favorable showing of st. Paul for The
third week of May. New York Air
Brake was offered at 1856 which is 10 1-2
points lower than yesterdays closing.
Liquidation in Wheeling and Lake
Erie, American Hoop and Tinplate,
carried these shares down materially
towards noon. Other stocks, however,
were not influenced and held at the
top. A sharp rise in wheat was with
out influence, as free offerings from
Liverpool operators served to Offset APP
prehension. The market was almost
lifeless, and while the bears were tim
orous about attacking values. the bulls
were reluctant to take on large lines.
Prices of bonds were higher, with Bal
timore & Ohio LIS and As showing
conspicuous strength. Extreme dulness
of the market after noon invited ag-
gression by the bears. Steel companies
were particularly weak, the Sleel anu
Wire stocks, Tinplate, Pressed Car,
National Steel and American Hoop
losing from 1 to over 4 points. Earlier
gains in the general list were elimira-
ted largely and Chicago Terminal pre-
ferred lost / "a, but dealings were of
smallest proportions.
In Boston there was a fair demand
for odd lots of the higher-priced home
railroad stocks Wisconsin Central IS
and incomes led in the bond depart
ment, furnishing $4,000 to the morn-
tng's total. Mining shares were neglect
ed, in fact the usually prominent stocks
were ignored, barring only the ever
conspicuous Sugar, with Atkinson pre-
ferred Only 345 shares Of c., B. & Q.
were dealt in during the first half of
the day. Franklin was the active fea-
ture among the copper stocks, and
gained 1-2 to 20 IL, while Montana
sold at 3s5@s6S and somewhat m IRE
freely than of late, which is not saying
much. however Trimountain lost l. to
II and Butte was up l, at 81. Centen-
NAL fell 2 is, to Sc ga, with rally to
~ 10: Cochiti IL, to 10 1-2; Oseco,a
to Sc IL; Parrot 1, to So IL; Arnold
i to II "a. Lamson Store Service
eased / is, to 43 7-S; Dominion Coal
III. to SIS: Bell Telephone 4, to S43
The following quotations were made
on the Boston exchange yesterday on
stocks held in Worcester and vicinity:
rT DokD COMP MES