Evening star. [volume] (Washington, D.C.) 1854-1972, 1904-04-29

end of the road can be brought over the
newly-built portion.
According to the present estimates. the
entire road win he finished by the first OF
December, so that IL will be possible TO
take members Of Congress over the line
when they return to the city to attend the
next session OF Congress.
The money available for expenditure In
the District appropriation bill for the year
beginning July next represents the largest
aggregate ever before provided In a Dis
trict bill. The spending of the eleven mil
lions of dollars will begin at the opening or
the next fiscal year and continue steadily.
so that the output of money will aid to re-
store the financial equilibrium which would
otherwise be disturbed by the withdrawal
from public of the money due for
taxes on real estate.
There was a buoyancy in prices today at
the meeting of the stock exchange which
left the quotations somewhat higher than
those of yesterday. The entire list was not
affected. although even I'm the case Of the
bank stocks. which are subject to compare
lively few changes. there were slight ad-
vances In several instances.
The securities that were most affected
were the stocks of the two railroad COM
panies. gas stock and the stock OF the
Union Trust and Storage Company The
transactions did not represent as large a
total on days when the movement has
not been quite as rapid At the same time
there disposition to bid more in
certain directions than has been the case
for some weeks past. The failure OF Con-
gress to give authority to smother COM
petitor in the street railroad business Is
generally supposed to have had some In
nuence on the tendency OF prices for rail-
road securities while the report of the
Senate District committee the gas
company is looked upon as highly favor
able to the continuance of present condi-
lions.
The change in the bid for Washington
Railway bonds was only a slight one when
compared with that of yesterday. Today
36,a was bid while the bonds were offered
at 1871.
The bidding for the preferred stock OF
the company was more active and by the
time the trading was finished the bid price
had advanced from 30 of yesterday to ~
There was no stock for sale at less than
81. and 800 shares were sold at that price
The lowest asking price was 52h.
There was trading In gas certificates
and the bid price crept up only an eighth
of a point as compared with that OF yes
terday The bid was 1lsla. while the ask
Ing price was ll9.
Gas stock sold high as 59h. while yes
| terday the asking price 5Sh. Only 100
shares changed hands and that was in lots
of % shares. The lowest price obtained
was 3SA- At one time there was only an
eighth of point between the asking and
bid prices. The buying was not, however
very pressing; neither, In fact was the sell
us pot tit IdftH III uIrs HSF prices SEEM
ed to be strong. as the asking price add
vanced from 80 to Cd without a correspond
ing approach in the bidding
A number of lots of Capital Traction
stock were bought for 12l, and after these
transactions the asking price became 1oI
and the bid 12J7s.
Twenty shares of Union Trust and
Storage Company were wanted. and as
10I1e was the best price at which IL was
offered. the stock was taken at that figure.
There were no further transactions At
the close the bid was 107 and the offer los
Today's Government Receipts