The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-07-19
A BULL MARKET
FOR LOCAL STOCKS.
STRONG AND ACTIVE FOR
ALL STOCKS AND BONDS.
Dealings Were on a Large Scale,
and in Many Cases Higher
Prices Were Recorded.

The best all-round market Of the week
so far was had yesterday on the local
Stock Exchange, and especially as regards
the amount of business transacted and the
prices paid. 1t was an all-round bull mar
ket, too, with plenty of orders. some Of
which appeared to be unlimited as to price,
and more disposition shown to come to-
gether on the part Of traders than has been
witnessed of late. The orders were well
distributed yesterday and included stocks
ard bonds of nearly everything that Is
traded in on the floor, there being sales OF
a total of sos shares of stock and $4,000 OF
bonds. There's was strong undertone to
the situation from the start. and pretty
near everything mentioned was Quotably
from v to q. points higher, there being
only two exceptions to this rule. The feat
ure Of the market was. as 1t has been all OF
this week. Lincoln Trust stock, which was
again in good demand. and for time at
tracted most of the attention Of brokers.
Both the new and old stock was traded
in. but in small way only, as selling
orders were not very plentiful. There were
50 shares OF the first named, on which %
per cent had been paid in. that brought
1921 go, while the S. shares of old sold for
$21 The close for the day for new was at
Pa points advance at 1888 bid. and at $231.50
sellers for the old. Commonwealth was not
traded in, but nevertheless it made fully as
good record in price as the first named,
closing bids being at $685. with $2SS asked.
was qgs but Waex up wss
point higher. Is shares selling at VIVA, with
that bid for more at close OF market. st.
Louis was practically dead one . and d., Mis-
sale of 10 shares at sos. but only SLOT. bid
at close.
In, }nk AZ OF roctfvoNacC RI hrOk
were United Railways. for which there was
a very excellent demand, a stronger mar
kst and higher prices The bonds led of
made at $3.50. which vast point up from
onS pont sstter at and
$3.50 asked; The opening sale of the pre-
ferred stock was N points up. 10 shares
shares at WHICH was was bid at the Close
when $3.50 was asked. Good orders were
had for the Transit or common stock, and
made early y point higher at 1850. which
was bid for more. but t26.75 was asked.
The talk Of consolidation Of the gas and
electric light interest of this city has at,
4 tracted attention to Missouri-Edisons, and
yesterday there was such a good demand
fer. the preferred stock that 1t advanced
1 II: pcirts UP for the day. Sales amounted
to 1S5 shares. Of which 50 brought $5s.25 and
IS sha:es sold at $50; while the close was
! easier Mt $59.25 bid. but only $5S.75 asked.
! No trading in the common. which, however.
| was IS point higher at $3.50 bid and 81. so
asked. The bonds were nominally $3.50
buyers, and none offered.
Bank stocks attracted very little atten-
ton during the entire meeting. There was
/; some inquiry for National Bank Of Com
I merce, which has been neglected this week,
| but the closest buyers and sellers could get
i was SOL and 1894 bid and asked. Third Ma
-! tional weakened off some more, and, after
shares had changed hands at $40. there
| were sellers at that, and only $21S.50 was
| bid. Jefferson was again bid $3.50, and Boat
/! mems had seller at $2D7.50
| fair demand was experienced for Brew
| cry bonds. and there were sales Of at
| 1925 and of at $685. with the latter bid
| for more and 1926 asked.
During the closing five minutes Of the
session sale was made in Kinloch bond
| at $l04.50. and shares Of Granite BIZ Metallic
| were in demand. and 100 shares sold at
4 Il OIL y,,Or hro q N