The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-06-21
The BULL MOVEMENT
IN STOCKS CONTINUES.
STRONG AND HIGHER MAR
KET IN LOCAL STOCKS.
Bank and Trust Stocks Again Led
IN Price and Activity, Making
New Price Records.

Inc bull movement IN local SHOCKS inausu-
rated early tho present week was continued
during yesterdays session Of the Stock Ex-
change. and again there is to be recorded
the existence OF one of tho most encourage
ing conditions OF affairs ever experienced In
this city during the hot weather period,
when general dullness is looked for. The
past two or three days strength and activi-
ty characterized the market. and the move
ment of prices OF certain stocks has been
almost uninterruptedly toward a higher
level. The record made yesterday. while not
so high as that of tho day before. covered
more stocks. and the strength shown had
an influence upon all others. First and
foremost In interest were bank and trust
stocks. which have been holding the boards
all Of the week SO far. and have cast pretty
near everything else In the shade. Tho or
ders to buy and sell were chiefly IN tnese'
and SO strong was the former that the mar
ket was improved from 4 to "a points. and
sales OF nearly 20 shares were made. Mer-
camille trust was the principal feature yes
terday, a good. strong demand being de-
veloped right at the outset. which resulted
in sales of GO shares at 1855. or l point high
er than the market closed ue Jay before
After buying orders were satisfied the mar
Ike, eased off a little. and closed out y
point better for the day at $S34-0 buyers. ana
g 3 sellers. Mississippi Valley. whicn
has made the best record Of any trust stock
30 far, was not in 1t yesterday. oe'nS .
points of from the previous Gays Oio' at
xas4 bid. and a point lower sellers al $SyS
f,or, ,ha ton price of the BOOM Lincoln was
"a strong as ever. being bid z points up at
500. and offered at $Ss with no safes.
commonwealth was asain among the lead
ers. Is shares selling 2 points hisner' ah
ga. and closing / point better for inc oay
at s272 bid and &13 asked Missouri anu
Union were both Improved IN price, ou' 9"
Io,,iS was about unchanged
right active and consequently strong
market was had in bank stocks. anu
WIN brokers with orders was the Nae.onaA
bank of and the nrst zen HILL
utes OF the session there were sae sS1 Nth
that lid at close and SIS asked. Inc mex
most active stock was Continental Nat.o.n,,
twenty-five shares OF when SEQ n,v.
as Al mai and SIS asked. Boatmen,s Was
up 2 points to <s,l bid and $40 asked. aieI.
ei.anis,Lsciede National was Was h sti0 nss ss az
ASKED. Third National and state National
were in demand. but unchanged In price.
very ou,et condition of affairs prevailed
in the market for United Railways. and
outside OF a sale late In the DAY. IN ena.y
shares of Transit STOCK. AT s<s..S.
no business done. The market. however.
was practically unchanged. and closed at
=. bid and $3.50 asked for the Is ana a.
as bid for the preferred. which was not OIL
fered for sale.
There are four dividends In sight. which
will be distributed the first week IN July,
Thess dividends will lie declared between
now and the LIST OF next month. and incIude
the Mississippi Valley Trust Company.
which has declared its regular quarterly
DIVIDEND OF 2ls per cent: the Bell Teiepnone
Company of Missouri. which usually pays :
ner cent quarterly; American Central In
surance, which pays Z per cent semiannuai-
", and the Third National Bank. wnlch
paws IL per cent quarterly, put which,
Juror SAYS. may be increased this time
Outside of the stocks mentioned above
and which were traded In the only other
stock to attract any particular attention
was Westinghouse Automatic Air and steam
Counter stock. which was in demand and
strong at Appoint advance for the day at
$40, and held at ~.