Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-25
LOCAL F1NAHoIAL NEWS.

A
day the bid for the stock of the Union
Trust Company advanced five points as
compared with yesterdays bid. Then it
was not much wanted as the aggregate of
all the bids reached only seventeen shares.
There was no stock for sale less than 40.
A bid of 1870 was made for 100 shares.
1t Is said that the increased business of
the company and improved prospects are
the reason why the stock is looked upon as
being worth more money than the prevail
Ing prices. and that there Is thought to be
an outlook In the near future for an in
crease OF the dividend from 4 per cent,
which is the present rate.
AS soon Mergenthaler was called II
was offered at 200. Yesterday that was the
bid price. Today the bid price did not rise
higher than 1877 Why those who wanted
the stock should be willing to give 300 yes
that figure Is explained on the theory that
In respect to prices the market here is
simply following the one in Boston, where
today the stock was for sale at 200 and 197
was bid.
There was not much stock offered for sale,
as altogether about thirty shares were on
the floor. There was only one share sold.
and the price paid was 200
The bid for Lanston advanced an eighth
as compared with that Of yesterday. One
lot went for 1855, and an odd lot at 1914.
Az the close 15k was bid. and 1875 was
asked.
Better prices were BID for Green Copper
than was the case yesterday. but no sales
We're made. Today the bid rose to 23h and
"a was asked.
The 81 point reached in gas yesterday
was maintained today. and that was the
DID which was made freely, but without
res The only sale was quotation
twGntV-6vo far Hwh L.
was paid The stock was offered freely
at half point in advance. and then
ca me down to three ighths. A bid Of
sos was made for 100 shares
A bid of 81 was made for the stock of
the Metropolitan Fire Insurance Com
pany, which Is somewhat higher than
the current bid An inquiry was made
of a broker who is interested In the stock
as to what he would take/for some, and
he said ITO.
There was a good demand for the pre-
ferred stock of the Washington Railway
and Electric Company at 90 The chair
man counted up the bids that were on
the moor at one time, and he found that
there We're $50 shares wanted at that
price. The stock sold for one eighth and
less. and 1t was apparent there was con-
siderable for sale at 90A. This latter
was not tested and no disposition was
shown to advance the bid to that figure
The common stock sold to the extent
OF three fifty-share lots at 39s and
80 q. 1t was for sale at the latter figure
In large and small blocks and apparently
in unlimited quantities. At the close
30 - was bid and 39N was asked.
Two hundred shares of Capital Trac-
tfon stock were offered for lat, and the
bid for 100 shares was IA. The stock
was for sale at 146N and 146 was bid
There was no interest taken in 1t, and
there was no trading.
On July 20 the Associated Press sent out
dispatch naming George c. Warner of
New York as one of the directors of the
failed City National Bank. This statement
Is erroneous. Mr.. Warner was not at that
time and never had been director of the
bank referred to-