The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-08-21
Big ADVANCE IN
LINCOLN TRUST STOCK.
THE MARKET BID UP OVER
FOUR DOLLARS A SHARE.
Trading Otherwise Quiet. but Sew
eral Features Shown and Price
Changes Quite Marked.

Business in a general way yesterday on
the Stock Exchange was again quiet. the
dealings amounting to but 80 shares of
stock. mostly bank and trust stocks
Price changes were more numerous and
marked: advances Of from 1 to "A points
and declines of u to X points took place
during the day. The situation in a great
measure was redeemed from the dullness
existing by two strong features. namely.
the big advances In the price of Lincoln
Trust and Missouri-E Edison Electric Light
stock. The record made by the first was
phenomenal. a representative Of a we'll
known house bidding the market UP y and
v point at a time from the previous
Gays close of HA to 0fs5 per share. the
highest this stock has ever been quoted at.
top. the little on sale during the day. 50
shares. being cleaned UP during the earlier
stages OF the ADVANCE. when 30 shares sold
at 046i6 and 80 shares at Sos. being "a
and = points higher for the day. respective
ly. The advance in this stock was said,
by those in position to know, to be a Iegiti-
mate one and based upon the condition of
the company and its earnings, which have
been very great ever since the company
was organized. The price bid at yester-
days close was $4S75 premium over the
: subscription price for the new stock to be
tssued. which il 500 per share. Other
trust stocks were not IN It with the above.
and with one exception showed quite WELL
defined weakness and declines. The excep-
tion referred to was Mississippi Valley.
higher at 1897. with Nao asked. Old and
new Mercantile was easier at 09-D bid for
the former and $sss asked for the latter.
and after Is shares sold y point lower az
xlS. closed ~ points on at SIS bid and
Oh. 4 point. and Closed at aas SO BID. n and
Missouri sold to the amount Of 10 shares at
500. but at the close there were sellers at
ing the session a BID 81 Ci' 81 va psS s Sh was
made for Union, which stock has been lost
sight Of lately.
Bank stocks yesterday were quiet, but at
the sane time showed strength and weak
he'a the I csas " va: rn no Yr S:sIc,, = ; Ella sses apt
during last SeeE:s boom. Another = point
closed sA at sss Ct ri ia , ses 49, 1870 s.E.a IA .i. +
no sales. National Bank q Commence was
b ! P' Gani lSwsf q ~ biz a. s'ss .;asd.
in good demand ever slnce The spisnd1d
statement made last month, vas strong and
nhshs mai 2 sn. Rim III that no;ns sDp e 3 e b On
lOT the day. a sssa.se ana "a H 81. the Ust sop
other stock to SHOW stTenstS Va NJ
S hsnie: National; which vas . point higher
VIZ ~ vi. Win 10 a1k06
DISQUALIFICATION Electric IAsht preferred
stock attracted considerable aftendon and
SHARED the honors Of the day with lincoln
IIuse. the market developing unlooked-for
strength: There was only one buyer nnr
dnis SeocEi but he ran the maEket Up WITH
share. without being able to mi hts order~
the only lot offered being held at SS-Go
There was no change in the market for
common stock. which was N7.N bid and
none onered The bonds were nomfnsuy
Cnated RAILWAYS were IN the dumpa ana
but passing artenfion nm
orokers who were evidently not well Sur-
pned with orderA There was . weak nm
csrtons to tho MARKET but no matsrial
~ IN prices. y shares Of the preferred
Lranst or common at 1s.K The cioos Vas
the same ~ the day before, The honds
were weaker At - bid and $Ss.so asked
A sale Of Westinghouse Coupler ~. m.A
dS.i cio., the n Day at ~ or higher. but
bid and $S asked Brewery bonds 49,
aull and nomdnally unchanged in price.