Evening star. [volume] (Washington, D.C.) 1854-1972, 1904-11-18
LOCAL FINANCIAL NEWS.

Trading continued to be active on the To-
cal stock exchange again today. the bulk
OF 1t being done in the common stock of
the Washington Railway and Electric Com
pany. with the stock of the Capital Trac-
ton a close second
After some slight trading in government
bonds the per cent bonds of the Capital
Traction Railway Company opened up
strong and in active demand but resulted
in no trading.
On the regular call the per cent bonds
of the Washington Railway and Electric
Company were strong and in demand but
few were offered at the bid prices. Two
$1,000 bonds were traded in at Sis and STA
After call trades were made In these bonds
to the extent of 5000 at figures from SIS
to SS1s. but none others were in sight at bid
prices.
City and Suburban SIS and Anacostia and
Potomac IS were in demand. and each ad-
vanced fractions in the bidding with no
counteracting offerings.
5000 In the bonds of the Chesapeake and
Potomac Telephone Company were traded
ia at LOG, a fractional advance over recent
bids.
The stock of the Capital Traction Rail-
way Company took lively gait In the
bidding as soon as 1t was placed on call.
Bids were made in rapid succession, in
fact the few offerings were taken up so
quickly that 1t was at one time hard to de-
termine who were the successful buyers so
many voices were singing out, take it"
On more than one occasion it became neces-
sary to match coins to determine the buyer
of the stock. The stock closed Yesterday at
1Sl<a TnIt n IA
was l39 and this was advanced by fractions
until 141A had been reached. In the mean
time trades had been made in over hum
dred shares. The closing quotation on this
stock was 141h bid with 142 asked.
The preferred stock of the Washington
Street Railway and Electric Company was
active and in demand again today. The
books of the company close on Monday so
the quotations of today are "ex-dividend'
The closing quotations of yesterday were
i912 bid and 79A asked. This included the
dividend. Today's trades were largely made
on the ex-dividend basis, although a few
cash trades around So were made but not
withstanding this fact, at the close of the
call the quotation stood S0H bid and S21s
asked. 10 shares were traded in on the
exchange today at figures up to s01a.
When the call of the common stock of
the Washington Street Railway Company
had been conclude and the after call trans
actions were taken into consideration every
broken on the exchange knew that there
had been something doing" while the rap
id-fre trading had been going on. The
trades totaled $50 shares in lots OF fifty
up to 800 shares At the close OF the days
business the stock had made another adj
vance of more than point, closing at 29,s
bid. with so asked.
National Safe Deposit stock advanced In
the bidding to 1871 bid with 200 asked
Trades IN twenty-five shares of this stock
were made at 1913.
American Security and Trust was little
off in the asking price of the past several
days. Trades were made today in sixty
eight shares at DO.
Union Trust and Storage was strong. and
advanced in the bidding without being able
to bring any of the stock inc the market.
The activity of yesterday in Traders
Bank stock was not resumed on the ex-
change today. Two hundred was asked for
the stock, but without higher bid than
1S5. five points of the high sale of yester-
day. The exclusive information in The Star
of yesterday that the Traders will shortly
double its capital stock was discussed by
brokers on the exchange today, and made
those having the stock hold on to it little
tighter. 1t is expected that the bank off,
Gals will announce officially next week their
plans for recapltalization.
The stock Of the new Commercial Ma.
eX-
change for the first time today The first
bid for the stock was 125 The bidding in
creased rapidly to 100. 1885, 14O, 141, $50,
when a sale of ten shares was made. It re-
coded to las in the bidding and so stood at
the close. 1t was first offered at 100. 1885,
100. and stood $50 asked for the stock at
the close.
Two blocks of Columbia Insurance stock
were traded In. Riggs Fire Insurance stock
advanced a fraction.
An effort to bring out some Mergenthaler
was unsuccessful. Three blocks OF 100
Lanston were traded In at 1885 to 49,
Greene Copper was firm and went up 4
point At the close two blocks of 100
were traded in at 26ls and 26A. the closing
price.
The directors of the Farmers and Me-
chanics Bank of Georgetown at their regu-
lar meeting yesterday elected Mr.. 8. SeweI
Cissel a director. the vacancy having re-
suited through the sudden death Of his
father, the late George W. Cissef.
Today's Government Receipts.
National bank notes received today for
redemption. 81 .021. 4S6; government receipts
nom internal revenue. 81 .05s 800; customs,
s7S3. $50; miscellaneous. $35. 2o5: expendi-
lures. So 100000. Available cash balance.
$l4o III $40 10