The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-08-25
FITTING CLOSE TO
WEEKS STOCK MARKET.
ACTIVE TRADING AND MUCH
HIGHER PRICES.
Trust, Bank Stocks and United
Railways the Chief Favor
ties and All Higher.

Yesterday was a fitting close to one Of
the most active and strongest weeks ever
experienced on the local Stock Exchange
since its organization. The dealings were
not so heavy as on the day before, but
what It lacked in this respect 1t made up
In activity and strength. further big gains
being made in the price of bank and trust
stocks and also in United Railways. though
those made by the latter were insignificant
when compared with the former, which
were up from u to 4 points in the extreme.
The total sales yesterday amounted to 80
shares, the bulk being In railways. These
were in excellent demand throughout the
entire session and sold well, though II can
be said that brokers were not breaking
their necks to fill their orders. yet were
willing to pay slightly better prices. The
demand was principally for the preferred
stock. Of which POS shares sold at Sl.75 and
ssl.0. the closing bid being y point off at
$1.I. with sellers at $3.50. Transit was
the strongest OF the two and sold to the
extent Of 1872 shares at 81. so. or 4 point
UP, and at which 1t closed buyers. with
s27.75 asked. There was nothing done in
the Is. which were practically UNCHANGED at
the quotations given below.
Trust stocks were again the chief feature
Of the session, and they made another enyi-
able record as far as price was concerned,
with one single exception The exception
referred to was Missouri. This stock the
day before was reported as selling privately
at $l0l. but yesterday there wero sales on
the open market of 40 shares at par, and
$l0l.50 was bid at close. Outside of the
above there was not a trust stock on the
market that did not show good gains for
the day and meet with some sort of a de-
mand. Old Mercantile was the most active,
50 shares being handled during the morn
ing at prices ranging from s3Ss to $s99 per
chara an advance fOr tho dny nf . - .
points. while closing "a points up at $685.. so
bid and $500 asked. There was no trading
in new Mercantile. which, however. was
higher at $685. bid and Sss.0 asked. Mis-
sissippi Valley was in strong demand and
3 points higher at $405 bid, an advance for
the week Of s. per share. New and old
Lincoln was up 2 points on sales of 80
shares. which brought $50. but weakene
and at close was y point lower at se54 bid
and $251 asked The best record for the
week made by a trust stock was In Com
monwealth. the youngster. which ad-
vanced steadily until yesterday. when
as high as sls was bid. a gain OF
half dozen sales of this stock have been
made on the advance. none being on the
market, Union. another very strong stock.
was in demand and during the day % shares
sold at an advance OF / point for the day at
$500. st. Louis was also better, showing an
Improvement of 3 points over night being
wanted at s3ls, with 1913 asked. Title and
Guaranty was quiet, but a point better.
Bank stocks were not traded in very ex-
tensively yesterday. but they We're all more
or less in demand and very strong. the
gains for the day being from IA to : points.
The latter was the record of Fourth Ma
tional. which was bid s266.J q. and none Of
fered. Trading was confined exclusively to
National Bank OF Commerce. . shares OF
which sold at SOL and 70 shares at SOl-o,
the market closing with the demand un-
satisfied. and III points higher for the day at
$30l.O bid. Continental National was I'M
changed at s234 bid, but Third National was
n point better at s234 bid and *2sS asked,
while Mechanics National showed an i'm
ers.
The only other sales made yesterday were
in Missouri Edison Electric Light pfd. and
Westinghouse Coupler stock. the former
selling to the amount of - SHARES at $6
and the latter to the amount OF % shares
at sa- All other stocks were quiet and
nominal.