Evening star. [volume] (Washington, D.C.) 1854-1972, 1904-08-15

LOCAL FINANCIAL. NEWS

Gas stock and Mergenthaier shared with
the securities Of the Washington Railway
Company in the trading done at the meet
Ing today of the stock exchange. In both
Instances there was a falling OF IN prices
as compared with the last record made.
The demand was slight and under con-
slant offerings the tendency toward lower
levels became quite marked. both I'm the
case OF Mergenthaler and Gas. In each in
stance brokers who offered stock for sale
became the purchasers
The securities OF the Washington Railway
Company continued their onward course.
which has now gone on with no INTERRUPT
ton for some days past.
AT the opening the four per cent bonds
were offered at SO. an advance of half "A
point over the quotation at the last meet
Ing. and sale was at once made.
A bid was then made at that figure but
there were no bonds to be had at that
price. An offering OF SlUOo at S3h was
taken and a bid of Soh4 for $1,000 resulted
In sale. Sales were recorded OF bonds
ranging I'm price from SSis to S3s. which
were bought at those figures by the brokers
who offered them.
At the close the bid was ssts. but thsre
were no bonds for sale at that price anu
none was offered at less than S3%.
higher range was also reached in other
securities. 81 900 bond of Columbia Rail-
fodu O sciu AT ITO ana Oh tlMt
amount was repeated. but there were
more for sale under 11Q.
One thousand dollars In gas certificates
were sold at 12l. making the highest point
Tor these securities reached for some time
past. 1908 was then bid, but there
no further Offering.
The stock of the Capital Traction Com
pany kept up with the procession which Is
moving to higher points. and 12+h was bid.
while 12iis was asked. AT the last market
day 124 was the bid and 1854 the asking
price.
On Friday. when the exchange last met.
the bid for the preferred stock Of the
Washington Railway Company was 6h,
while today the trading closed with the bid
at 66!e. The bidding for the stock had been
in progress for some time today, and reach
ed 66as before there was any offered for
sale.
Sales were made at 66ls and 66A. and
were purchased by the brokers who Of
fered the stock for sale. At the close the
bid was 661s and the asking price 81.
A bid of 40 for Metropolitan Bank stock.
which has been the current bid. resulted
today In the sale of ten shares. 141 was
bid for ten shares of the American National
Bank. The asking price was 145.
An increase In the bid for Traders Bank
stock brought the figures up to l52.
Gas stock was sold all the way from 6S to
57M. After two lots of twenty-five shares
each had been SOLO at % ana StS the lock
was offered at 5T&, and two lots were sold.
1t was still offered at, that price, but there
was no further buying I'm that level. One
hundred shares were offered to the highest
bidder and was finally bought at 5TIa by
the broker who offered them for sale. Any
part of 100 shares were offered the
same level. without result. At the close
the bid was 571s and the asking price 51l1.
A bid OF $50 for three shares of Mergen-
thaler was al once filled, as was also one OF
l7Sh for five shares Ten shares went for
17sh. and subsequently a similar lot at
17Sh and one at 178 At the close the bid
was 177h. and the asking price 178
Nine and a quarter was bid for 100 shares
Of Lanston and a sale was made. Then the
bid was renewed, but there was no further
trading, as the best offering was 9h.
Mr.. A. X. Paris and Mr.. w. J. FIather.
who have both been absent from the city
spending their vacation In Maine, have re-
turned and were in their places at the
meeting today of the exchange. O..
Today's Government Receipts.
National bank notes received today for
redemption. $72l $50; government receipts
from internal revenue 81 1871 613. customs