The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-04-04
LOCAL SECURITIES
STRONG AND MUCH HIGHER.
EVERYTHING ON THE LIST
WAS VERY BULLISH.
Large and Several Rec
ord Breaking Prices Were
Made During Session.

The rest taken last Tuesday, owing to the
election. by the Stock Exchange people. ap-
pears to q " been Of the greatest benefit to
the security. market. which opened up in
the strongest way and increased steadily in
strength, advances being made all along the
line. some Of them being OF phenomenal
record-breaking character. and nearly all
the active stocks and bonds closing with
good gains and right at or near the top
prices Of the day. There was an all-round
good demand and the dealings were large,
especially in local railways. which sold at
q good. strong advance. az compared with
last Mondays closing quotations, the pre-
ferred selling ~ points higher and Transit
or common stocks Nc better, most Of which
improvement was maintained to the close.
when the first-named was bid S7S.75 and
held at SO. and the latter salable at $24.O.
with $24.75 asked. Sales during the day In
preferred were 40 shares. all at $78.75 and
q small lot Of s shares at 50. which at one
time was bid for large lots. Sales Of Tran
sit or common were $50 shares at $3.50. and
$50, at &24.75. The market for the bonds
was quiet without much Of q demand. but
steady. and 1900 readily brought 1901
which was bid at close. and ~ asked.
There were two record-breaking stocks
Wednesday n they came under the head
OF banks and trust companies. One Of the
greatest bulEes was in that phenomenal
record-breaker, Mercantile Trust. which for
ruptedly, and Wednesday advanced ~
points from 106. at which 1t closed Monday,
to $3l4.50 bid. without q share of stock COM
ing on the market, and $3l8 being the low
est selling price. All other trust stocks
w RC2fce. there being no nmef tn 1ell anY.
where near the bid limit. Missouri was l
point higher bid. at SILL, with none offered.
but Union was offered at s:0e: with no bids;
wanted and wa bid $l66.5 and held at $16s
At the Close.
National Bank Of Commerce led all bank
stocks in point Of strength Wednesday, as
II has done for some time past, but sur
81 g shares being made early in the SEES
where + closed bid last Monday. but later
f sessss,sa, 4 sel pG sss a.. %0e 81 y %. points, an a I'D I'D
Of ss31 being registered. though the actual
close Of the market was &2ss bid and $2sA5O
asked. Third National sold to the amount
in demand at $3.50 bid and 800 asked, the
rights having Slo6 bid. Fourth National
was salable at &24z with none offered. and
and State National were offered for sale. at
$l9s.so and slss.50 respectively.
There was.a fairly strong demand 70.
Brewery bonds. n Si01 was freely bid. but
only one changed hands, and hi was at
500. g: At which there were sellers late and
$11 bid.
A roficeably strong market wal had for
1aclede Gas common on the strength Of a
sharp advance at New York. There was
sion 80 shares sold at IS. which was bid for
more, and $3.50 asked.
Mining stocks Of all kinds were entirely
neglected. not q single selling offer or bid
being made during the days meeting.
Missouri-Edison common wa In demand
at $1S and 319.z5. but held for 80. The pre-
ferred was offered at 81, and the bonds at
&c, with $95 bid.