The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-06-01
AN All-R0UND
QUIET SECURITY MARKET.
THERE WERE FEW CHANGES
TO BE NOTED.
Trading Mostly in Railways at
Steady Rates-AfternOOn
Session Abandoned.
SESSION.


The holiday observed Thursday by the
local Stock Exchange failed to improve the
market for securities to any appreciaole
extent. as the trading was small and the
proceedings throughout the entire session
yesterday morning of a ~listless character.
There were no changes Of particular i'm
portance in values. they being about the
same as Wednesdays closing in a majority
Of cases when they were not lower. This was
true of United Railways. which met with
some demand, as was traded In to a small
extent. two bonds selling at 9.75. at which
there were sellers late and $50. 80 bid. and
300 shares preferred stock going at 81. IS.
and closing at $3.50. with SIS asked. Moth
ing was done in Transit or common stock,
which was s23-75 bid and SCI asked.
Trust stocks were again quiet. and but
one sale was made. that OF IS shares Mer-
camille at N16. ex. z per cent dividend.
Closing bids were 3l5. 50, and Sl7 asked.
Mississippi Valley was a little stronger at
$3.50 bid and 1855 asked. Lincoln unchanged
at So bid. and Title and Guaranty $50 bid
and $l5S.5o asked. which was lower than
last regular quotations.
Tfere was a fair amount of interest
taken in the market for bank stocks, but
the outcome of the bids and offers to sell
was not very encouraging. to say the least.
but one sale being made In a small lot Of
10 shares of Third National at ssl3.0 That
was bid for more. and s2li.5O asked. Con-
tinental. which was ex. dividend. was $2l7. 30
bid and $221 asked. State National had a
seller At sls9. but no bids. Franklin. a stock
Boatmen's. bid $lys. was neld at SOL, while
southern Commercial was $ll0 bid, and
Bremen's Savings was SIS bid, and $40
asked.
A demand prevailed for Brewery bonds.
and three Of them changed hands at So. -.
az which there were sellers late and $9s was
Granite Bi-Metallic was wanted in a quiet
way at Ss.o'ls. and ss.i21: was asked.
AFTERNOON SESSION
The last afternoon session of the local
Stock Exchange for the present was held
acted. it might just as well have been
passed up. There were only two trades
made and these were in United Railways
A.. $500 Of which sold at sss.75. Nothing
the session. there was no near approach to
a sale. buyers and sellers being generally
changes. the most noticeable being in Mis-
sissippi Valley trust stocks. which was bid
S3S and closed at s3e2.5S bid and no sellers.
me ias last previous s,so bid was a. the morning
asked. Title and Guaranty was lower ut
slie.50 bid and Sl+ asked. St. Louis was
DID Ssi5 anu netu AT slsV ana commonwealth
So, bid and So. asked. while Missouri was
Sis sellers.
The feature of the market for bank stocks
at the late session was the announcement
that the Continental had declared an In
creased semiannual dividend Of 81 Fer
share. payable Saturday. There was no
trading In the stock. which,. however, was
stronger ut $,lS.2S bid. ex-dividend and so
asked. There was an inquiry for Bank OF
Commerce and $S9 bid and $3.50 asked.
Third National was unchanged at $213.i0
bid. but $215 asked. Franklin was again
wanted at Sl65. South Side was offered at
$3.50 and State National at N.1l7.50 and $176
asked.
There was no trading in United Railways
stocks, but preferred WAS q shade stronger
at $7.75 bid an SIS asked. while Transit
or Common was unchanged at 81 % bid and
2f asked. The bonds closed at $3.50 bid.
and 50 asked.
There was q demand for Kinloch Tele-
phone stock and the market closed strong
at SlO2 bid. and none offered.