The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-06-23
STOCKS SCORE
FURTHER ADVANCES.
MISUNDERSTANDING DAY ON
STOCK EXCHANGE.
Advances Of From One to Eight
Points Made, Chiefly in Bank
and Trust StOcks-Sales Fair.

Yesterday was another day Of big gains
in prices on the Stock Exchange. some Of
which were Of the phenomenal order. The
trading was not as lively as II was the day
before. and the market was Quieter and less
excited. but a very coed days business WAS
transacted. nevertheless. and what the sit
Lation lacked In excitement 1t made up in
strength and bullishness. As has been the
case all the past week. the favorite stocks
were bank and trust shares, which were In
active demand Throughout the session, and,
With hardly an exception. scored further ad-
vances. the gains ranging from I to S : points.
There were a number of orders for trust
stocks yesterday. but few sellers. and the
dealings were not to he compared with those
Of the day before. For instance. Mercan-
tile. which was heavily traded in that day.
only sold to the extent Of fifteen shares. but
the price paid WAS q. points higher, at S3s,
and the stock closed with a gain Of 2 points
for the day. at $S35.9 bid and $ass asked.
Mississippi Valley, which Ia still ex. divf-
cend. WAS salable at 1891. with 1886. 50 asked.
Lincoln was II point up. at $50 bid and $c52
asked. and St. Louis was ~. points higher
at $s25 bid. ex. dividend. with none for sale.
The only other sale in trust stocks was IN
nfty shares OF Commonwealth, which has
made a remarkable record during the week
In the way Of prices. and which sold yester.
day 81 points up. at sz7s.5o. and closed with
$zSc asked. Even Missouri was stronger.
aha under the stimulus Of a good demand
advanced 2 points. to sll2 bid. with no SELL
sell at SILL The biggest advance of the
Gay was made BY Union, which closed the
DAY before az $50 bid. but was saIabIe yes
held at 500. There was a demand Tor Title
asked. -"u $"s
bank stocks were strong favorites yester-
cay and every active one on the list scored
vi was ,r1 %ads to to : points; The sharpest bulge
very snappy demand was deyeloncd ana
under lively bidding by difYerent narfis,
R5's sss were run up 3 points to $751;. at which
the close. with s1s3.1 asked. The new
strongest va. Continental National. ana
e CT saar i. s pofn, Z points point, up at sass: and
800 bid and $3.50 asked. National Bank
OF showed a gain of 2 points ..
more. with 500 asked. third Nat,on o1d Tor
uinues to meet with a good demand. ana
YESTERDAY old to the extent Of 50 shares
close. and BIS asked. scieSe
8ationaI was a point better at $40 hid hns
c ios.%s fhs a was 2 points lower than It
asked. while Mechanics' National x sna 40 ~
changed at 800 bid. but was a SHADE io-, ~.
The record-breaking bulge Of the veer
was MADE yesterday in Westinghouse Auto
matte Air and Steam Coupler stock. which.
under strong and urgent Competition Adj.
xanced from ~. at which II closed. buyers
rIiday. TO -. at which loo shares sold. ,
being a full S-point rise inside Of five min. ,
otes There Were buyers at S4 at close. but !
There was a quiet demand for United |
rauwsy.s but the trading vas light and in |
GUIDED 0.00 Of the Is at $ss.zs. and IS shares
preferred stock at $3.50. At close the
nrst was - bid and sos asked. the second
sIs.Is bid and $3.50 asked and 81. Was bid |
Tor transit stock and so asked.
Missouri Edison common and nr.ssrr.o
STOCK was in demand and 100 shares Of fhe |
former sold at SIS. and az was bid ana m "a
asked. Preferred was $50 bid
Closing quotations: i