The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-07-03
VERY QUIET DAY
ON STOCK EXCHANGE.
A. MAJORITY OF THE DEAL.
INGS WE'RE IN RAILWAYS.
Weakness Again Feature of the
Market for Bank, Trust and
Mining Stocks.

Yesterday was IN of day on the local
Stock Exchange. and compared with previ-
GUS days a small and uninteresting market
was had. There appeared to be a scarcity Of
orders, outside OF street railways, which
were again in very good demand, and the
days trading was the lightest recorded for
over two weeks. No exciting Incidents re-
lieved tho general monotony of the proceed
ings, and throughout the day a weak under
tone existed. A number of soft spots came to
the surface and lower values went on record
In several instances. Tho best maintained
and most active stocks were syndicate rail-
ways, which sold fairly well. over $50 shares
being dealt in. and generally firm to higher
market was witnessed. closing prices being
the same as the day before. Tho transac-
tions yesterday were largely In Transit or
common stock, which sold u to Il point
higher. 5lS shares bringing $751; and q small
lot Of 20 shares $3.50. while closing at $2s
bid and s2S25 asked. Orders for the pre-
ferred were much lighter, but the market
was strong and sales were made in las
shares at $3.50 and $S2.25. which was also
from Y to "a point up compared with Mon
days transactions At close $50 was bid and
changed at $3.50 buyers and $S9.7b sellers.
with no sales.
Trust stocks the past few days appear to
have lost their attraction for the investing
public and very quiet and embarrassing
market. has been experienced. Yesterday was
exceedingly dull in this line. and through
out the entire session there was not a single
feature developed. The market was soft in
spots and lower in others. Only one stock
was traded in. and that was Lincoln. Is
shares of which brought 1854 early, while
later 100 shares sold at s2635o and that was
nj T1,Ar two 1vJo-
for Title. and Guaranty as on the day be-
fore, and that stock was quoted u point
lower at s155 bid and $l67 asked. Other
trust stocks were unchanged, but nominaIy
weaker.
Yesterday was one of the dullest days ex-
bank stocks. There were no pressing or
ders to be filed and no sellers anxious to
let go of their holdings. and. naturally
enough; weak feeling was developed, and
something was taken off prices in several
instances. Not a trade was carried through
during the session. and. as far as that was
concerned, there was no near approach to
| one either, so very Indifferent were buyers
and sellers.
| There was a light and quiet demand for
| Granite Bi-Metallic mining stock. and sales
| of 200 shares were made at 81 and loo at
$1.971k, the latter being bid for more at the
| close and - asked.
During the session a sale was made quiet
| ~ in 2 $1,000 Brewery IS. the price paid pc
! ing $9S, which was bid later, and $9S.2
| asked. The 500 bonds were offered at sos.
Both American Central Insurance and
| Westinghouse Air and Steam Coupler were
| in demand and salable at s55.2, and were
| offered at S56 and $50, respectively.
The announcement was made yesterday
| that a semiannual dividend of 81 per cent
had been declared on the preferred stock OF
the Ely-Waiker Dry Goods Company. pay
| able July Is