The St. Louis Republic., 1901-06-22
EXCITED MARKET,
WITH BIG ADVANCES.
ALL-ROUND BULL MARKET
FOR TRUST STOCKS.
A New High Price Level Recorded
for the Most Active, and Gener-
al Situation Very Strong.

III yesterday is to be considered as a speci-
men of hot weather in local securities, then
brokers will have to give up all thoughts
of taking their usual s.a.mer outing. Ever
since the hot spell set In business on the
Stock Exchange has steadily improved. and
with each day has expanded at the same
time growing more excited and stronger
Never since just before the wild furry in
Wall street stocks has there been so much
excitement, accompanied by heavy trading
and heavy advances, as was witnessed on
the floor Of the exchange during yesterdays
session. From the time the market opened
until II closed it was a perfect bedlam of
noise. Brokers were loaded up with orders
and SO eager were they to execute them that
lots offered anywhere within limits were
tnatched, while in other cases certain
stocks that were wanted were bad up when
sellers were backward about offering ITEM
In order to draw them out. Naturally the
market was wild and excited one. and
strong and largely higher market was had
for petty neariy all on the active list. The
dealings Were heavy and amounted TO SOU
bon0s and loo shares of stock. while the
gains in price ranged from / to 5 points.
heretofore bank and trust stocks have mo-
nopoiized the attention OF brokers, but, al
though they still continued to be the chief
iaNoiAte tAefc WcAc u HutflDtE CI Otner
stocks that divided the honors Of the day
with them.
The market for trust stocks opened up in
q very livery manner ana until the demand
was parity SATISFIED they he'd the center OF
the sage, beng oeait IN heavily ana scor-
ing Iarse al, ances- The leader in point of
ACTIVITY. IL not III strength. was AIercan an,i,e
ineie Was an Unusually active uemand Tor
TINS stock, ana 81 much competition was
oispiayed that higher prices We're paid from
the slart- The initial sale was in ~ snares
AZ $sS'. or H.: po.nis up from the previous
uay cios-ns- Iias Was quickly followed ty
safe OF ~ sha.es at $sso.zo, anu tnen by
sales OF lrv snaIes at >ss., which was =,
points up, whiie the cIos.ng trade was IN
% shares at $sSo.s5. the market CLOSING =
points up for the oay at SSSo-5J bid and 1851
asked The total sales We're ly5 sEares. Tne
su ohgest stock yesterday, but wnicn was
head 50 close that only one safe was made
Was Commonwealth, - shares OF which so.d
Z points better than II closed the Jay be-
lore. at SIT. and closed at that bid and $z7I
asked. missouri. which has been the weak
ilAS among trust stocks tor some time, WAS
In excellent demand, and IL shares of the
Old sold at $il0 and that was b,d for more,
with slio.So asked. L.ncoin succeeded in
reacniny tie high point Of its career yes
terday, small lot OF shares selling at SIS.
and shortly after % shares brought $50,
or point higher than It clOsed Thursday.
There was nothing done In Mississippi VAL
ley. which was bid xSY250. ex y. per cent
quarterly DIVIDEND, but there was none Of
fered.
While not traded In az heavily as trusts,
bank stocks were in good general cemand
ana IN nearly every case made higher rec
ords. This was especially true OF Beat
men ). which, under the stimulus of q snarp
rivalry between two well-known brokers,
spurted points to S2tS bid, and was offered
at Seo'-oo. but none sold. Commerce carried
on The honors. that stock selling to the
a amount Of !i0 shares at szsa.59 and SIS. an
ADVANCE OF " TO point, while closing with
$:sI bid and x2sS asked. Next to Boatmen's.
among bank stocks. a sale of 10 shares be-
Ing made points up al s22o.5 20 and the mar
kss s e,Ssins eS a ~ psin.s higher for the day at
strong as Y has been. and a small lot sold
at So rs. $,z being asked for more. State
National was In demand at Sl78. Merchants
Laciede National at slls and Mechanics
was saiable at $50 and offered at sysi.5o.
United Railways were cast somewhat in
the shade by the excitement and heavy
trading In other securities. and the busi-
Less done was light. There was a QUIET de-
mand early for the Is. and $s92s was paid
Tor Ecu. This satisfied the demand and the
close was SO bid and ss9.a5 asked There
was nothing done in the preferred stock,
whieh WI was In request at sss2a and held at
of Transit at So 75. which was also bid az
close and S2i asked.
There was a little razzie in westinghouse
Automatic Air and Steam Coupler, and ow-
ing to the competition that sprung up there
We're sales OF - shares at SIS. which was
Followed quickly by % more at 81. an ad-
vance OF points frcm the day before. The
close g was right at the top at $f7 bid and
During the luli in the trading In hank
and trust stocks a sale of 80 shares Con-
solidated Coal was made at s21, which was
bid for more. and In 20 shares st. Louis and
stock At Sca