Evening star. [volume] (Washington, D.C.) 1854-1972, 1904-12-23
LOCAL FINANCIAL NEWS.

The interest In the trading at the meeting
OF the stock exchange today was mainly ia
the transactions I'm the securities Of the
Washington Railway and Electric Com
pany. In point of number of sales made
these were the banner securities with Gas
stock and the stock OF the Union Trust and
Storage Company coming In as good sec
onds. In fact. the balance of the list was
passed over with practically only sufficient
pause to enable the quotations to be made
The result of the dealings I'm the securi-
ties OF the Washington Railway and Elec-
trio Company was that higher level in
prices was reached than has been occupied
Tor some time past. The bonds were first
dealt in. and the bidding started in at an
eighth OF point higher than the closing
bid of yesterday.
From the opening bid of S32. the rise was
steady to 81. and at that price there was
good demand In fact better than the
supply, as 1T proved for after the deal
rigs had been concluded which aggregated
Soo,oo all the bonds that were for sale
al 81 were taken.
The bonds were taken I'm $1,000 and In
sS,ooo. 5000 and $1,000 lots. OF the lat
ter class two were sold. The price through
out was "a. as there were no offerings at a
less figure, and, as stated, more would have
been taken If they had been offered at that
price. AT the close the bid was S3k while
the asking price was s4h.
Some 200 shares of the preferred stock
OF the Washington Railway Company was
dealt in at prices ranging from Si& to
81 n. All the stock for sale at 81 and less
and an eighth higher was taken and at the
close the bid was S4h and the asking
price S4A. The advance attained in the
closing bid Of today, compared with
that of yesterday was three-eighths of a
point
The common stock also shared in the gen.
eral activity in these securities and better
prices were secured Some five hundred
shares were dealt I'm at figures varying from
2IA to %. For options in two l0,pshare lots
2SHs was given. The advance in the bfd
price as compared with yesterday was nall
point A bid of % was made for 800 or
1000 shares and also 2SI4 for 800. and 2sia
for 1000 shares, without result. The stock
In quotation lots of fifty shares was offered
at the close at rs. while the bid was
2T%.
A bid of III resulted In the sale of two
ten-share lots of Union Trust and Storage
stock. Then the bid receded to 116is and
three lots went at that price. The bid was
then lie with the asking price at ll6h. and
after a sale at 1I8 the bid was 1I5h with
the asking price 116. and the latter were
the closing prices
Ten shares of Commercial Bank stock
were offered at 1904, but the best bid was
1908. and that was withdrawn and 100 sub
stituted.
Five shares of American National Bank
stock Were sold for 10. The bid for ten
shares was 165 and the asking price $50.
sos was bid for five or ten shares of Riggs
Bank stock. The asking price for ten
shares was 625.
One hundred shares of Columbia Fire In
surance Co. stock were. offered at 1o@s The
best bid was 1oss.
Gas stock took quite an upward squirt, So
that instead of the bid of Gia,. which was
the closing figure of yesterday. 64t2 Is to-
days closing bid Some 100 shares were
dealt in before this result was attained
and the buying ran all the way from Ga
TO 641s At the close the bid was 641a and
the asking price 6iA.
One hundred share lots were dealt in as
well as the quotation lots of - shares
Lanston was also stronger. and after the
sale of 12) shares the bid was 1914 and the
asking price 1878 The sales made were at
1875