Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-24
LOCAL FINANCIAL NEWS.

The new handbook of local securities
which has been compiled by Thomas /.
Hume and Eugene e. Thompson was re-
ceived from the printers today and the
distribution to subscribers was made in
part.
II Is a volume of about $50 pages, has
been prepared with care, and will no doubt
prove Of much help to brokers and investors
who wish TO know about the past market
history of securities as well as the bass on
which they rest.
The new volume is the largest in the
series Of local publications that have been
issued, and in this respect 1t truthfulty
represents the growing importance of such
securities. both intrinsically and as factor
in the investment and also speculative
market.
The announcement is made that the Bell
Telephone Company of Philadelphia Is
about to issue an additional $2.OOo.0O0 OF
stock which will make the total issue $16,-
100000. In the case of this company there
is no bonded indebtedness and the annual
dividend Is 6 per cent The parent com
pany. the American Telephone and Teie-
graph Company, owns, II Is stated. 81 per
cent of the stock. AS is the case with the
Philadelphia company, control OF the
stock of the Bell Company here is owned
by the parent company. The issue of bonds
of the local company at this time amounts
to a million and half, but it is expected
that the large floating debt which has been
created recently in the form OF money
loaned by the parent company to make the
extensive improvements now in progress
will be blended in a new issue of bonds.
The stock issue is S2,G5o, 600, upon which
no dividend has been paid for year or two.
coincidence that was a feature marking
some of the trading at todayS meeting OF
the stock exchange was that the buyers
and sellers in the case of quite number of
the securities dealt in had confided their in
terests in the same security to the same
broker. This happened to be the case in
the bond list, as well as in other groups on
the list.
There was quite good deal done in the
bonds of the Washington Railway and Elec-
trio Company. and better prices were the
result. The range was from S9,4 to $685. and
at the close the bonds were still to be had
at S9ss, and SOY was bid. Yesterday S91s
was bid and S9A was asked :"
Gas certificates sold as high as 119A. and
at the close the certificates were for sale on
that level. and 1895 was bid.
The best record yet established in the
case of the per cent bonds of the Norfolk
and Washington Steamboat Company was
made today, when no was reached. The
bid at the close was -110A, and for time
there were no bonds offered but finally an
offering was made of 112lR
Twenty-Five hundred dollars of the bonds
of the Bristol Light and Railway Company
went for 93%. The bid was then 90 ",
and 93 q was asked.
Capital Traction stock to the extent of
three 20-share lots was dealt in on a scale
of 143 to 1871, and then the bid was 1875,
and 1881 was asked.
Fifty shares of the common stock of the
Washington Railway and Electric Com
pany sold for 35M. An offer was made to
buy or sell at 35A, which was not taken.
At the close the bid was 30 and 35A was
asked.
There seemed to be good supply of
Gas stock at 60, and the aggregate sales
ran up into 325 shares. Some 200 shares
brought an eighth advance over 90. A bid
of 531z was made for 100 shares. and at the
close for twenty-five shares son was bid
and 60 was asked.
Ter in Lanston. But single lot in each
case was sold.
For the ten shares of Mergenthafer 1S5
was paid. which was less than the bid price
of yesterday, namely 1858.
For 100 Lanston 163s was paid. Yester-
day the bid was 161s, and 16a4 was asked.
The clearings at the Washington clear
ing house for the week ending today We're
5I94, SOS. 40 a gain of 81 524, 517.13 over the
corresponding week last year.
Today's Government Receipts.
National bank notes received today for
redemption, 81. 425, 715. Government receipts
frem internal revenue, $S44. 993; customs,
$I21 $50; miscellaneous, $3.50. $685. miscel-
laneous, 81. $50, 600.