Evening star. [volume] (Washington, D.C.) 1854-1972, 1903-10-22

has been enough. or at least sufficient talk.
to cause an appreciate stiffness in prices
ON the part of land owners. Property
which has been offered for sale for num-
Der OF years past at a certain figure is now
held at a much higher price.
nus lar no company has been formed to
oeFeiop these oil properties. and the dis
coNery mas occasioned no particular eX-
citement. but on the contrary is received
with considerable increduiity There is
perhaps keener interest manifested jus,
now TO lind gravel banks and the country
all about the city is being pretty well in
spected- with the view of locating this ma
terial which is now so much in demand.
csL eciaily IN connection with street work.
wren information is received of the pos
slbie location of gravel. men are at once
dispatched with picks and shovels to make
| an examination. Frequently the disap-
pointing revelation is made that the neck
OF ground is too shallow to make 1t profit
abe to be worked
AT this time OF the year the daily mail of
those connected with financial institutions
| is increased in size by the applications for
subscriptions that are asked on behalf of
all sorts of objects. 1t is not claimed by
men of this class that they are singled out
IN this particular. they have heard
enough to know that the mail of the aver
| age business man in this day contains mis-
sives OF this character. Appeals for finan-
| cial assistance for charities and for other
purposes of a public and private character
| are not limited merely to those that are
local but they come from all parts of this
country, as well as from Europe This
modern method of collecting money APP
| pears to be successful. for the reason that
1t is so generally adopted.
The bidding for the bonds of the Washing
ton Street Railway Company at the meet
ing of the stock exchange today was ami
mated. and while the distance between the
buyers and sellers was long still the two
parties did not come together except for
small lots. The bidding started at 7lia for
siNo and gradually arose to 7l& while
the bonds were offered at ~. One point less
was bid for large blocks and after call the
latter was opened at 71Ts
1t was evident that the buying was not
for investment but to some extent for the
ohe-elghth profit or SO that might be in the
transaction
The bidding for National Safe Deposit
stock ran up to 1891. but none was offered.
-Four was bid for GO or 100 shares of Column
bia Title stock. and like quantity was Of
, fered at AZ, and also at AS. with no sales.
The bidding in Gas was without spirit
ana as there was apparently stock for
sale or persistent purchasers there was no
business A few shares were sold at 5S.
but the bid fo- p shares 56a4. while the
same quantity was offered at 57a. The
demand, such as it was. was for fractional
lots. An offer of 30 for 1000 shares was
made, but was not taken.
In fact the entire call developed no strong
features. When the stock of the Washing
ton and Norfolk Steamboat Company was
reached one of the brokers ran up the usual
quotation several points to DDS when It was
sold to him. He still kept on bidding, and
another share came to him at 2i3 and still
a third at 235, advance of more than
seven points from the starting price No
special significance is attached to this deal
ing in fractional lots
One hundred shares Of Graphophone pre-
ferred found a purchaser at Q, but subse-
quent offers at 9ls and 9A, which were
finally withdrawn, did not attract a seller
fifty-seven shares We're offered at with
| out takers. The stock was offered at 90
and S3s was bid.
certificate of Incorporate ton of the Har-
per's Ferry Development Company, capital
stock 100000. was placed on record here
To-Day. The incOrperatorS are VIM E. Speir
Fred A Wright and Charles Becker.
The Anderson Optical Company capital
stock. 100000. was incorporated today by
William c. Prenttss NJ A. Leese and Hor-
ace F. Clark.
Articles of Incorporation of the Southern
Industrial Development Company. capital
stock $4,000. We're filed today The in
corporators are r. c. Capel. Claude c. Ste
phenson and Hugh c. Risdon
Ihe Federal Guarantee and incorporating
company capital stock 100000, has been
Incorporated by Abraham Smith, Charles A.
Swami and Ernest ]. Batten
1ny~y~