Evening star. [volume] (Washington, D.C.) 1854-1972, 1904-05-10
up by regular reports ana state

checking up BY regular reports and state
menta
The sxperience Of stocxholdsrs in baina
pools has. on the whole. been most unfor-
tunate. Directors and managers. - q
class. certainly have not earned the right
OF Unrestricted freedom from control BY
their stockholders. The battle for pub
licity Is not q new one by any means. It
was fought out twenty years ago In the
case Of the railroads.
THE better management OF the railroads
Is in the main due to the rapid spread OF
scientific methods caused by abundant pub
location and analysis OF published facts.
People who administer the pub
Hes money must make up their minds to
submit to public control II they do not
like public control they must contrive q
get along without public money. We 81
no escape from this conclusion.
A cargo of asphalt arrived in the city q
few days ago that was brought IN
schooner owned by the Brennan Construo-
ton Company of this city. The material
was taken from asphalt deposits In Cuba
that belong to this company and from
used IN all public work of the kind done In
this city.
A higher level was reached In the bidding
on securities In the bond list at todays
meeting of the stock exchange than has
prevailed for several days past A bond of
the Washington Railway Company sold
for 76ss and after call another bond found
purchaser at TeS. For $4,000 a bid of fe,l
was made. After the last sale 76z was
still bid, but there were no more at that
figure.
The bid for telephone bonds advanced
to 10oA. while yesterday 1851 vas bid.
The asking price was 104S. Gas certih-
Gates sold for 11s1A, while yesterday 1is
was the bid price.
Thirty shares of Capital Traction stock
were for sale at 12f, and they were taken
SILL had
which put an end to the trading. Then
the bid price receded to 120h. with the
asking price at 10. After call 12l was
bid. but there was no stock for sale at
that figure.
An advance was made In the bid price OF
Washington railway preferred of point as
compared with that of yesterday. but there
was no stock offered at less than 52x, 30
that 81 was bid without avail After call
the bidding advanced to spa and two lots
of fifty shares each were sold at that hg-
ure which is about the highest level
reached by the stock for some months past
There was Washington Loan and Trust
Company stock for sale and the asking
price was 2101a. A bid of 210A secured one
lot of ten shares and another similar lot
went at the same price. At the close or
the trading the bid was 210.
One lot of ten shares of Union Trust and
Storage Company stock sold for 1903. Five
shares were O1ered at the same price, out
were not taken. A bid of LOT was made for
the stock and the asking price was los.
Ten shares of American Security and
Trust Company sold for 1876. an advance
over the current bid price, which was 1872.
Fifty or one hundred shares of Riggs
Fire Insurance Company were offered at
81. The best bid was 81. An advance was
made In the bid for Potomac Fire In
surance Company stock from "a to 25, but
there was none offered for sale.
Gas was offered during the call at 5Sk,
and the best bid was 57%. After call TWEEN
ty-five shares sold for So
the bid and asking prices of Mergenthal-
er approached each other within a half a
point without result The bid was 173x
and the asking price 174k. For Lsnston
was the bid and the stock offered at
SIS. There was no trading.
Ten shares of Washington and Norfolk
Steamboat Company We're sold for 235 and
bid OF the same extent made for
another similar lot without avail.