Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-11-27
LOCAL FINANCIAL NEWS.

There seemed to be an abundance of both
the preferred and the common stock of the
Washington Railway and Electric Company
for sale at today's meeting of the stock ex-
change. The principal dealer in those Sc
curities offered large blocks for sale, but
In the case of the preferred he met with
practically no response as far as the Dig
blocks were concerned.
He offered any part Of one tfousano
shares at 90rs and one thousand shares Tor
9Oh, but there was no bid for any sucn
amounts. and the bid for nfty-share lot dio
. not rise above sou. and when 1t met WIFI Wiz
one response and fifty shares were SOLO
there did not appear to be further de-
mand at that price. and the bid feceded 10
30.
For fifty shares then the asking price
was only half point IN advance. ana Win
the sale of fifty shares at 9OM, ana several
ten-share lots at 90A to 9Oas. the tracing
ceased. After call block of one hundreo
: shares sold for go.
The common stock was offered freely al
~. both In large and small blocks, and then
bidders appeared for large lots. They PECAN
with 40 for 500 shares. advancing TO ~ aio
finally 411s for 800 shares, but the loves.
offering made by the principal oediei was
~ for such a block.
There was 10 trading at THIS price, anu
while it was evident there was pienty VI
stock to be had at that figure, yet an sIiah-
er offers were refused. There were puyins
orders at the lower figures. At one time
there were bids on the floor for 1000 shares
in two lots of 500 each. 80
The entire trading, however, was oniy 10y
shares at 417s and 41&.
number of trades were made In the
stock of the National Safe Company WITH
out causing much change In the ngures vi
exciting a great deal of interest. The bid
ding for the stocks in the trust company
list was something Of the same character.
Indifference was shown and tendency
= l,a,x hoC no m n
tanned for some time past.
Something was done. however, IN SeVerai
of them, but it is not likely that the tradln g
as whole will strain the borrowing credit
of any broker in order to carry the stock
that was secured.
Even in gas stock which Is such a favor
lite, it was impossible to get the bid higher
than 80, making the bid which is patiently
and persistently made of oS for one hun
bred shares look less lonesome than was
thing done in the bonds of the company
and some certificates of the classes and b
were Sold the statement being made that
the privilege Of refunding these securities
lapses on Wednesday next.
Mr. John Lynch was at the meeting of
the board today for the first time In several
weeks, as he has been undergoing an opera
ton. He is looking well. but he thinks, or
rather the doctors do who think for him
on such subjects, that the climate OF
Jamaica will be better for him this winter
than the one which Is made especially for
the people of Washington.
One OF the men who keeps his hand on
the money stua ton pretty closely said
today that he saw no prospect OF any
change in the conditions until after the
close OF the year. In the meantime locally
money, according to his view, will continue
TO be tight and per cent will also be the
prevailing rate.