The Washington critic., 1890-04-30
LOCAL STOCKS.
transactions on tho Washington stock
Exchapge-Notes and Gossip.

transactions on tho Washington stock
Exchange-Notes and Gossip.
There was a good volume of business
transacted on the local Stock Exchange
yesterday, but the prices were in some
instances less than had previously been
obtained. The convertible skies
of the Washington and George
town Railroad were, however,
an exception, for $4,000,
the highest price yet reached, was paid
200 AT the close an Offering to sell
was made at 203.
For Columbia National Bank 1921
for five separate lots, aggregating As
shares was paid The closing bid was
1924, the offering to sell at 1884.
For 10 shares of lexington Railroad
S5 was paid. The closing offering was
at so, with SO bid.
There was free Offering of
Georgetown and Tennallytown Rail
road stock -Four lots, aggre-
eating so shares, brought 80 per
share, The full par value. Within
a few days fifty shares of this stock sold
privately at 51. The road is believed to
be doing a good business.
The sales of Peoples Insurance stock
aggregated 140 shares. 1t all brought
5a. The offering at the close was at 81.
There is still disposition to stand
aloof from Chesapeake and Potomac
Telephone stock. On two small offer
ings of 12 shares each the price receded
to III and 70a. AT the close there
was small Offering at II,
with 70t bid 1t is unreason.
able TO anticipate a much farther de-
cline in this stock for the reason that
the prosperity of the company is well
understood and the recent reduction of
dividend cannot continue for any great
length of time, AT II the investment
would yield about 4 ] per cent. annually
There was but one sale of GRAPHIC.
phone stock. The lot was % shares,
and il went for 1871. There are prob
ably scores of people anxiously watch
ing this stock and wanting to buy some
10 shares, others larger lots, up to 500,
all cherishing the delusion that without
any. material advance in the price
they can all be accommodated, when
the fact is, that there is no pressure to
sell, and that all the stock that has been
sacrificed in breaking the market,
about 8 points since January, has
gone into strong hands, and
that it would be difficult
to buy 500 shares without materially
advancing the quotations. At the close
the bid was 10 and the offering of so
shares at 49,.
A high official of the Graphophne Com
pany said yesterday: II have never sold
any of my stock, and do not intend to
sell, and my opinion is that it won't be
long before you will see the stock very
much higher
For several months there have been
no sales of National Safe Deposit stock.
Yesterday five shares brought $50. The
par value is 100.
Ameri can Security and Trust stock
was less firm in price, and for 90 shares
but 40 was realized. Recently sales
have been made as high as 81. This
depression will be brief. The company
is under able management, is earning
h andsomc profits, and as the last call
for an assessment was for but S. in-
stead of SO, as was customary pre-
viously, this action was interpreted to
mean that, although the nominal par Is
100, there will be no more calls made
on the stockholders. The last assess
ment brought the paid-in value up to
$50 per share, making the present cap
ital $650,00