The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-08-31
MARKET RECEIVERS,
No Special Feature,
But Whole List
Improves.
BELL ADVANCES AGAIN.
Heaviness in Bonanza the
Feature in
Boston.
BELL ADVANCES AGAIN.

Inc pAporteds clearing of the Trans
vaal situation and the higher prices
from London caused a scramble to
cover yesterday morning amongst yes
terday's bears in the railroad list.
The international stocks led the ad-
vance, Northern Pacific, Southern Rail-
way preferred and Louisville showing
conspicuous strength. In the specialties
Tennessee Coal and Continental Tobac-
co preferred were up 11A; and Republic
Steel, Federal Steel and Union Bag &
Paper were up nearly point. There
were small losses in a few railroads, but
the market as a whole opened strong.
The opening improvements invited
realizing by the traders and prices of
some issues yielded sharply, particular
ly Metropolitan Street Railway. Ten
nessee Coal and Chicago & Great West
ern preferred. A demand then arose
for Kansas & Texas preferred, which
rose to As, other railways hardening in
sympathy. Brooklyn Transit, Smelling
preferred and Republic Steel moved up
over a point. Dealings in Wheeling &.
Lake Erie common We're large and the
price higher, but there was little inter
est in other low priced railroad shares.
Support was Hacking in the Tobacco is
sues; Continental preferred fell 8
points and others a point. The general
market held it's own for a time, but an
attack on the New York city stocks
forced Brooklyn Transit, Consolidated
Gas and Metropolitan Street Railway
off to points. Among the railroads,
Omaha, Kansas & Texas preferred and
Union Pacific lost most notably.
In the early afternoon Metropolitan
rebounded "a and there were slight inn
provementS generally on very duh trad
ing. Colorado Fuel, Hooking Valley and
Wheeling & Lake Erie second preferred
advanced strongly, the latter three
points from the early decline, and North
American nearly point. Brooklyn
Transit and Sugar recorded sharp
gains, and the whole list was sympa-
thetically firmer.
Interest in the Boston market yester-
day morning in point of transactions
was centered in Cochiti and Bonanza.
The former sold up 21a, to 1919, and the
latter sold off IS, to IA, to 1919, and the
latter sold off Is, to IA, on talk that the
option would not be exercised. Neither
the buying NOT selling had any special
SlsnAIlcdnce. Bell telephone sold up 10
TO 1865, with points reaction, on pros
poets of an early contamination of the
long-looked-for telephone trade. An
Exchange building house had an order
Tuesday to buy 1000 shares, which il
was unable to fill. The whole matter is
awaiting the return of President Hud-
son from Europe 1t is said that a nun
Der Of different plans have been under
consideration and it is not believed that
there has been any definite decision as
to the one which will be selected. It is
good opinion, nevertheless, that the
parent company will go to New York
under the charter of the Long Distance
company. Massachusetts Electric IRE.
ferred showed activity on what is de-
clared TO be investment buying. 1t was
openly announced in the board that q
BOSTON director Of the Sugar trust pre-
diets lower prices for Sugar stock. This
statement occasioned some selling fol
New York account. Loaning rates in.
dictate a frner market this morning
Money loaned on the exchange at Al
per cent, and more was wanted at pei
cent East Boston improved 1%, to 11A
Boston 81 Albany lost 2, to 2T0, ans
UnitedsStates Mining gained "a, to 40A
The following quotations were mad
on the Boston exchange yesterday OF
stocks held in Worcester and vicinity
BOSTON STOCKS.
(Ranor4ad h1y TSiYa,,ic,,tf e. To WITT