The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-07-20
HEAVY DEALINGS
IN TRANSIT STOCK.
TRUST STOCKS AND UNITED
RAILWAYS THE FEATURES.
Some New Prices Made Banks
Again Neglected-All Other
Stocks Were Quiet.

Compared with the day before the mar
ket for local securities was a quiet one,
Notwithstanding that in the aggregate the
sales for the day were larger, they amount
ing to over 1870 shares of stock and 5000
bonds, the bulk Of which was United IS.
One Of the best evidences of a lack Of or
ders, outside Of railways and trust stocks.
was shown in the fact that number of
dead ones" were resurrected and made to
do duty as quotation-makers, a thing that
usually happens when there is scarcity OF
orders on the market. There were several
features to the market that made it inter-
esting in way, one being the heavy trad
ing in Transit stock; another the advance In
Sub" stock and still another the sales OF
Lincoln Trust stock. the last-named CIV
ing rise to dispute that was only set
tied by scratching the trade of 100 shares
at $l36. The dispute was caused by the
seller misunderstanding the buyer, who was
careful to stipulate that he wanted new
stock, on which Is per cent Is presumed to
have been paid, but the seller sold him old
stock, the market value of which at the
time was about points lower. claiming
that he did not hear the stipulation. There
was a good demand and very strong mar
ket for new Lincoln. the same broker who
was in the market the day before bidding
freely for the stock, e5 shares of which
sold at 1925. and 20 shares at S235.75. the
later price being 81 points higher than the
day before, while the close was 81 points
! up At s2ss5o bid and 1921 asked. There was
some inquiry for the old stock but the
| only sale was in small lot of 5 shares at
Sg32. and which was bid for more at the
close with $233.5O asked. Commonwealth
was again in demand and one-half point
higher at s2se5o bid and none offered. Mere
| camille was lower at 1895 bid and SeS5O
| asked. and Mississippi Valley was 1is points
| lower at $4O2.5 buyers and $40i sellers.
1
Trading in United Railways and especial
| ly Transit or common stock, was the heavi-
est for a long time past and ATTRACTED at
nearly all by two of the leading houses
on Fourth street and the buying by. one
/, all the orders. Sales. all told, amounted to
$50 shares. and the price paid was $3.50, or
one-fourth point higher than the previous
s0s ana e sellers Late
not much doing in the preferred stock. but
the market was strong early. when lo
! s19.5 50, but the close was one-fourth point
I off at $79 bid and $7925 asked. Orders for
the - were small small but the $500 that sold
at $500. at which there were sellers late.
Brewery bonds were weaker as after
81, 600 sold at s95. there were sellers at sS5
and only $3.50 bid. A small lot of IL shares
American Central Insurance stock changed
shares Of American-Nettie mining sold at
$1.05.
Bank stock yesterday was almost en-
tirely neglected, the only ones mentioned
being. National Bank Of Commerce, which
was bid 1921. and Continental National,
which was offered at $3.50.
The market for Missouri Edisons was very
quiet and three-fourths of a point off for the
preferred stock. though unchanged for the
common and the bonds.