Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-10-28
LOCAL FINANCIAL NEWS.

The governing committee of the stock ex-
change have had referred to 1t the action
taken at the meeting yesterday. q resolution
which Is intended to supplement the pres
ent rules prohibiting what are known az
self to self sales. The proposed new rule
provides that one-eighth OF one per cent
OF the usual commission shall be paid by
brokers in the case of all sales to them
selves Of securities that they offer for sale.
In such transactions the broker represents
two customers instead Of one, as in or
binary cases. and It Is argued that this
additional tax Is not an 0nerous one, as 1t
Will be paid out Of two commissions.
In the event this rule Is adopted a new
source of revenue will be secured to the
exchange.
The only brick building in Rosslyn. Va.
at the Virginia end Of the Aqueduct bridge.
Falls Church. Crandall Mackey. the COM
monwealth's attorney George H. Tucker
and Frank Lyon 1t Is proposed to estab-
lfsh In the near future In that structure
bank and trust company which Will be
known either as the Alexandria Company
or the Rossyln Banking and Trust Com
pany
Those identified with the movements for
the bank are the purchasers Of the build
ing above named and r. w. Moore Of Fair
IA x.Douglas Mackall of Fairfax, r. c. L.
Moneure, r. w. Johnston. Mr.. w. c..
Wibirt, treasurer Of the county: II. r.
Thomas. deputy clerk; J. E. Birch, j.
B. Henderson. tr-, J. A. Carpenter. A. g.
Doniphin.
There was not much done in the way of
trading at today's meeting Of the stock ex-
change. The stock of the Capital Traction
Company, as IL in sympathy with the other
railroad securities which are not forging
ahead. was for sale at a lower figure than
has appeared in connection with that Sc
cUrity for some time
Only one sale was made, and that was ten
shares at 1461s. and then any part of 100
shares was for sale at 1865. For twenty
shares the best bid was 14511. and lot Of
that size was offered for 146S.
At the outset in the trading in the pre-
ferred stock of the Washington Railway
and Electric Company options were offered
for "a and the bid for them was 931t. but
before the close an option was sold at 931A.
The stock sold from 9514 to 924s 1t was still
offered at 92A when the trading ceased. and
the bid was 921a. Yesterday at the close SO
was bid and the asking price was a quarter
of a point in advance
There was not much done in the common
stock. Only one sale was made and that
was at 42h. and then the stock was Of
fered at 42Z, and the bid was 42h
Twenty shares of Metropolitan Citizens
,Bank sold for $780, and the stock was still
to be had on the same terms. The bid was
349.
Gas stocks sold from 60 to 595s. but not
in any great quantities. The bid for one
hundred shares was 59a4. AS usual In the
case of this stock. the prospective buyers
and sellers stayed close together, as at the
end the bid was 591a. and the asking price
sax.
A good many transactions were made
after call in the bonds Of the Washington
Railway and Electric Company, and the
range of prices was from 81 to OH.
Today's Government Receipts.
National bank notes received today for
redemption. $7s4, 2s7; government receipts
from internal revenue $3.50, sS5; customs,
S7S9.o2S; miscellaneous, $102. ia; expendi-
lures, 81 100000.