The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-08-24
DAY OF BIG THINGS
ON STOCK EXCHANGE.
HEAVY TRADING AT LARGE
LY HIGHER PRICES.
United Railways and Bank and
Trust Stocks the Strong Fea-
lures of the Session.

Yesterday was a day of big things on the
local Stock Exchange. and the record made
sn the way OF business and in market values
has very seldom, IL ever, been equaled.
Brokers were largely supplied with buying
and selling orders, and the prices paid for
the more active stocks would apparently in
dictate ,hat the former were without limit.
Every active stock on the list was traded in
10 a greater or less extent, and the aggre-
gate dealings footed up over 1,1o0 shares.
but only one bond. 1t was a wild and ex-
cited market. as well as an active and
strong one. prices for certain stocks under
going some quick changes, but in the main
they all closed higher for the day, the
gains ranging from &c to SO per share.
Lincoln Trust stock was the most unsettled
and underwent wide changes, selling from 3
TO ) points higher, and declining nearly that
much. but finally closing with buyers 3
Joints up for the day. Sales were not large,
being confined mostly to small lots. but they
aggregated so shares ell told. The opening
sale was In 10 shares of new at s254. 80. which
was followed by . shares at $50. then $50
was paid for 10 shares and the closing sale
was in a lot of 30 shares at $25i.50. the mar
ket closing at that bid and S55 asked. Mer-
camille old and new was in active demand
throughout the session. and higher in price.
70 shares Of the former selling at 1897. or 2
points up and 50 shares of the latter bring
ing 1896. Mississippi Valley was strong and
in demand, Il point higher, at 500. and
was held at sos. A sale of % shares of Title
and Guaranty was made at $l54, but 1t closed
at S53- so bid, while Commonwealth bulged 4
points and closed without a sale or selling
offer at S30e.5o bid. Union was not left. by any
means, the boom sending that stock up 10
points, the biggest advance of the day and %
shares sold at $3.50. Missouri was the only
trust stock quoted that did not show any
Of the booming qualities of the other stocks.
In fact, II was weaker and was offered for
sale during the session at a point decline
from the day before. at Sl02, with no bids
Next to trust stocks United Railways
claimed the attention of brokers. The mar
ket was a very lively one and trading was
heavy. In fact, the dealings were larger in
these than in all the other stocks combined.
they amounting TO l.0eo shares. Next to the
big demand the feature Of the market was
the strong undertone. the market advancing
!. TO q points, which ives held right up
10 the close. The heaviest trading was in
Transit or common stock, $50 shares OF which
sold at sZ7-z5 and closed with that Did Tor
Loo share lots and none offered. There was
a good and active demand for the preferred
stock, which sold to the extent OF 20 shares
n $50. and right at the close TO the amount
of 20 shares al Ssl-15. Previous 10 this sale
the best bid was sSl.5o. and NLi5 was asked.
There was nothing done III tne Dohus, WHich
were quiet and quotably unchanged from
the closing of the day before.
Bank stocks were not neglected yester-
day by any means, and during the session
they attracted almost as much attention as
trust and railways. while showing fully as
much strength. the advance ranging from
T. TO 2 points for the day. Third National
was traded in most and developed more
strength than has been witnessed for the
past few days, sales being made "a 70 5
noinfs higher. and the stock closed with a
E-point gain as compared with the previous
days closing. AL together 50 shares cnansea
sf the close *. 20 was the best bid. National
hank of Commerce was aSain In the lead