Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-27
LOCAL FINANCIAL NEWS

The trading in LAnstcn at today's meet
ing Of the stock exchange was rather fndif-
ferent during the call. There was no eager
ness displayed either to buy or to sell.
1t was to be had on q somewhat lower
level than was the case yesterday. but the
decline was not a marked one. There was
no stock for sale less than i5h. and the
range OF the entire trading which. counting
options and all. ran up into 1890 shares.
was between 15ss and 15h with one lot at
15A. About one-half OF the total trading
was done during the call.
After call a demand developed for options,
which were to be had at 1914 and as the
stock was for sale at 1871. the sellers Of
options became the buyers of the stock.
The trading was more active on this &C
count.
Yesterday the closing bid for the stock
was 159s and the asking price was 1874.
There was nothing done in Mergenthaler
except the sale Of ten shares at 1854. The
bid advanced to 1S5 and the stock was to
be had at 1851. which were the closing fig
ures of yesterday.
Some fractional lots OF Gas stock sold for
60. and there was more to be had at that
price, as well as quotation lots. One of the
latter was secured for 597s. and hfty-
share lot went for the same price.
= A bid Of 59h was made for one hundred
shares and 50 for two hundred shares At
the close the bid was 59A and 500 was
asked.
A willingness to pay a better price for
telephone stock was expressed. and the bid
advanced to 45h. The stock was to be had
at 46. Yesterday 44ss was bid and i6 was
asked.
There was nothing done in National Safe
Company stock, presumably as the broker
hn ha haan f1,n f.bi sf hi1I- md hn H.l
recently filled a good-siZed order. was not
present. The bid dropped from 1913. which
was the closing figure of yesterday. to 19.1z
The asking price advanced somewhat and
instead of 1875. was 19STs.
An advance was made in the bid for ne
stock Of the Metropolitan Citizens Badf
To 3a31i. The lowest asking price vas 80
For the stool, of the Second Nationit
Bank the bid for ten shares ran up from
100 10 lC3. IT was offered for 10.
The bid for Capital Bank stock advanced
from 176. which was yesterdays bid. 10
119 The latter withdrawn and us vas
put in its place. The asking price was 2to
Three fifty-share lots of the preferred
stock of the Washington Railway and Elec-
trio Company comprised all the trading In
that security. The price paid was 9)12.
Ihere was no more stock offered less than
00fs, and the bid did not rise beyond 9Wa.
An option was offered at a31s.
A sale of fifty shares of the common stock
at 3'as and one hundred shares at 3oA Were
the only transactions in that stock. The bid
was then 35A and 351a was asked.
One hundred shares of Capital Traction
were offered for 143A. and 142 was the
best bid. The bid for twenty shares was
l42es. and 1875 was asked.
Bonds of the Washington Railway and
Electric Company were offered at S91@ and
a couple of bonds were sold on a bid of
sos.
telephone bond sold for 1903 and then
101 "a was BID and los h was asked.
Steamboat bonds sold for HOY and then
the bid was 110A and 111A was asked.
AS result of visit made to the offices
of the American Bankers Association In
New York city by Mr.. Edison. the presi-
dent of the Washington Bankers Assoc
citation. it has been decided to change the
date for holding the annual convention
of the national body, which Is to meet in
this city next October.
Instead of the three thousand and more
delegates coming here on the oath of that
month, they will be expected on the 10th.
The dates Will be October 10 to ID instead
OF the oath to 9th. The reason for the
change Is that President Roosevelt win be
in the city at that time, and will probably
receive the bankers at the White House
at some evening function.