Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-02-02

lodging such powers with the controller
of the currency
An official Of large building association
expressed himself as heartily In accord
with the suggestion made of public super
vision. while member of one of the firms
or private bankers was of the opinion thai
as the business of that character here was
not carried on by Incorporated companies
and as no public benefits were conferred
II was not reasonable to place them under
public inspection.
The point has been made I'm the discus
SION OF this subject as to whether the three
classes OF business mentioned are properly
sermane TO the duties of the Office OF the
controller OF the currency, and whether IL
q supervision as complete as has been sug
gested is to be provided. II would not be
necessary to create a special officer of the
bistrict. 1t Is suggested that the trust
companies come under the authority of the
treasury Department by special la9,
the same method might be followed in these
Iitsst'hces. 1t Is believed by some who have
sven the subject attention that an In
spectlon by the Treasury Department would
De or more value to the institutions than
one Oh. MADE by the District officials, even IL
Tue eificiency and thoroughuess In both in
stances were the same as the former world
eariy with II the stamp of the financial de-
paftment OF the federal government
The volume of business done at the meet
ing today at the stock exchange was dis
tributed more equally through the list than
Is some times the case The street railway
securities and Mergenthaler stock were
probably more largely dealt In than any of
the others. Some trading was done in the
pank stocks and in those on the fire insur-
anee companies list which was rather un-
usual, especially in the latter class
Mergenthaler sold on higher level than
was the case yesterday. and renewal If
an offer to sell at fa4, which was made at
the close yesterday, elected prompt re
sponses Three ten-share lots We're rap
ldiy disposed OF at that figure. The bid
advanced and at one time 1918 was bid for
loo shares. Sales were made at 1a4,s and
1915 ana at the close 1917 was bid aud 1873
was asked.
Lanston did not share in the upward
movement of Mergenthaier, and there were
no transactions In the stock except the sale
OF an option at 1884. The bid al the close
was 13ls, while 1885 was asked
More of the stock of the CAPITAL Traction
Company changed hands than has been the
case for some days Including an option on
loV shares the aggregate of sales reached
40 All the buying was done after the call
PREVIOUS to that the stock had been offered
at l44A. and 144 was bid. When the trad
ing began two twenty-share lots We're taken
at !44A and one l00-share lot. One hundred
and forty-five was paid for an option for
sixty days on 100 shares
There was not as much done IN the
securities. The bonds kept on about the
same level as that of yesterday. although
LOCO lots went for S7A. while yesterday
S7Ia was bid.
The sales of the preferred stock We're lin
tied and the prices ranged from SG9s to
SCH. The latter figure was bid for 1 zoe
shares without result.
The common stock to the extent of 2nU
shares sold from 30 to sos,
The best record yet made for telephone
bonds was attained when $4,000 in two lots
sold for 107. This was the bid for $1,000
more, but the best Offering was 10TH for
$1,000, and the bid for that amount was
1861.
There some business done i'm bank
stocks. Six shares of Metropolitan Citt-
bid for ten shares was 1886 and $50 was
asked.
Two ten-share lots Of Commercial Bank
stock were offered for 164 and los. Both
were taken. One hundred and sixty-five
was bid for five shares. and two lots of
that size were sold on that level. The bid
none offered for sale
One share Of Riggs Bank stock was Of
fered at 6l5. and sold at that price. Five
shares were offered at 825 one at go and
ten at $50. The bid for ten shares was
614a.
Twenty-Five shares of gas stock sold for
"a, and the bid was renewed, but the low
est Offering was 641s. There was no fur
Their trading except the sale of ten shares
at Ga. The stock was offered in various lots
up to 100 shares at GAS. The GA bill was
withdrawn and GS5s was substituted.