Evening star. [volume] (Washington, D.C.) 1854-1972, 1904-11-25
LOCAL FINANCIAL NEWS.

AOCAL EAMANC1AL NEWS.
Trading in bulk on the local stock ak
ange today dropped far below the stand
ard set during the three or four days pre-
ceding Thanksgiving day. and while there
was bidding in great activity on certa: n
stocks on the list. the buying and selling
were not up to the gross of the past weak
OF ten days.
AS has been the case for the past week
the stocks and bonds of the local street
railway companies have caused the most
activity.
On the exchange today Capital Traction
4 per cent bonds were normal. with no
trading. The 4 per cent bonds of The
Washington Railway and Electric Company
were in demand. and $1,000 in the bonds
were traded in from STE TO S7%.
The stock of the Capital Traction adj
vaneed a fraction in the bidding and the
preferred stock of the Washington Street
Railway and Electric Company was again
active and in demand. The market on the
latter closed on Wednesday at S3Ss bid with
"a asked and today the first bid was at S4H
five shares Of the stock were traded In up
to S7% and the stock closed on the regular
call at S64 bid, with S71s asked.
stock was selling around SO bet was re-
corded that the stock would advance in
price beyond the price of the bonds of the
company. Today saw a realization of this
bet when the market closed on the bonds
at ST.. and the stock having sold at 87A.
Fifty shares of Capital Traction stock
brought 142H today which is off the late
selling price. The stock closed with 1925
offered and 142A asked. After the regular
call trade was made in three shares or
Traction stock at 142%.
Washington Gas certificates of indebted
ness were in demand at bid prices. Four
Thousand dollars in the certificates were
traded in at 121 which 10 a fraction off Inc
bid price Of Wednesday,.
Two thousand dollars in Columbia Rail-
way per cent bonds were traded in at Ito
and 1861.
There was no trading In the Chesapeake
and Potomac Telephone IS today.
Washington Railway common stock was
dull and without demand on today'S mar
ket Only few shares were traded in.
The bank list. which has been active for
the past several days and in which a num-
Der Of trades have been made. was COM
paratively quiet today.
The stock of the Metropolitan Citizens
appeared to be in demand. and trades were
made in II shares at $50 which is an ad-
vance of 10 points over the bid price of
Wednesday.
Farmers and Mechanics stock advanced
five points in the bidding, but there was
lone OF the stock in the market at the
price. 1t closed at 315 bid. with none Of
fered.
Only ten shares of the Second National
brought an advance of 2le points over the
bid price of ednesday, which was 1611a.
One hundred and lightweight was bid for
the stock at the close of the market. with
none in tie market at less than 200.
American NatIoral remained firm, and
FIVE shares of the Traders Bank brought
200. Two hundred and twenty was asked
for the stock at the close, but the highest
bid was 200.
Eight shares of the Columbia Bank
brought 225 today. an advance over previ-
GUS quotations.
Capital Bank was quoted on the close of
the market at 1SS bid with POO asked.
very good advance over previous prices.
Lincoln National advanced four points
In the bidding on the exchange today, but
none of the stock was brought to the
front.
Riggs Bank was strong and firm at We'd
nesday's prices, 591 bid with 625 asked.
Columbia Fire Insurance stock was in
demand today and 400 shares brought up
TO 1O2s.
Ten shares of Chesapeake and Potomac
Telephone stock brought 143, which is a
point off the bidding price of Wednesday
and several points off the price asked Cor
the stock at that time.
Trading In the stock of the Washington
GasliSht Company resumed the activity of
advanced point in the quotations. Six
hundred shares of the stock We're traded in
today up to 64B.
Mergenthaler was active and in demand.
This stock closed on Wednesday at 1857
bid, with 1877 asked Today on the regular
call sixteen shares were traded in up to 1919,
and at the close of the market it was quoted
at 1871 bid, with 1919 asked
Lanston was weak and went off several
points in the trades made, which amounted
to somewhat over a hundred shares at Is.
Two hundred shares of Graphophone COM
mon brought up to 5. while Greene Copper
was strong and In demand. One hundred
shares sold on the regular call up to 291a
After the call options in 600 shares of
Greene sold at 295s
L utTc Will De d ulettiLS VI Tie duuliIilS-
trative board of the Washington Bankers
Association this afternoon at which Mr.. J.
M. Moore will tender his resignation as
president on account of the severance of
his connection with the MetropOlitan-Citi-
zens' Bank. 1t is expected that Mr.. j. K.
Paris first vice president, will be elected
to the Office of president. At the meeting
plans for the winter will be arranged and
the Commercial National Bank will be ad.
mitted to membership.