Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-08-16
LOCAL FINANCIAL NEWS.

The first to return Of the sunburnt pill
grims from the stock exchange put In an
appearance at the meeting today. and 1t II
presumed that the following days will wit
ness additions to the number as the vaca-
ton period comes to an end.
Mr.. Whitweli and Mr.. Bell were those
whose faces showed red and rudy in COM
parison with the more or less bieached COM
plexions that some OF the marks at
least Of the city dweller. The additions to
the complexion did not seem to have the
effect of obscuring their appreciation of the
values of what was offered on the board.
and they got into the familiar traces with
out apparent difficulty.
The board OF directors OF the American
Security and Trust Company at a meeting
yesterday approved OF the acceptance of the
oner OF $4,000 for the q street wing of the
Banking office from the national bank. The
new home OF the trust company will be in
readiness, 1t Is expected. by October l.
The bid for the 5 per cent bonds Of the
Potomac Electric Light Company advanced
today 10 the level of the asking price which
was reported yesterday. but there were no
bonds for sale. Previous to this one bond
had been secured at 1O4%, and the buyer
wanted more, and was willing to give 100
Before the close an Offering was made at
10S.
An advance OF an eighth was mado in
tie DOtn LOT the ueDenIureS ana ire
certificates of the United States Electric
Light Company. that 1t 1O3N and
the asking price was 1O41z.
A little better price was bid for the Capt.
tai Traction stock, as 1459s were the fig
ures The asking price 146A.
The only sales of quotation lots of the
preferred stock of the Washington Railway
and Electric Company were ON, and there
n he had q me pTfcp II
the bid did not go beyond 92h. At the
close the asking price was 49, and that
was the figure that was paid for fractional
lots that were traded in.
There was no Offering of the common
stock made at a less figure than A. but
finally the bid ran up to that level and
then there was a sale at eighth ad-
vance. The asking price was 41A, and Al
continued to be the bid. Finally the lat
ter was withdrawn and 40 was substituted
After call sales were made in a range
from Ala to -.
There We're ten shares of the stock Of
the American Security and Trust Company
for sale, and finally 1t was disposed of at
252A. a figure which Is higher than the bid
price that has been recorded recently by
three-Quarters of a point.
Some fractional lots of the Union Trust
Company stock sold for 1876 to 1861. One
ten-share lot went for 1856 and the bid was
renewed. There was such a lot for sale
at an advance OF half point, but it was
not taken. At the close the asking price
was 1871 and the bid 1876
Some changes were made in the figures
In the bank stock list, but there was no
trading except in the case of the Metro
politar Citizens Bank. when thirty shares
were taken at $50, and that continued to be
the bid; 375 was the asking price.
For Commercial Bank the bid advanced
from 10 TO 1T21a and there was no stock
offered for sale.
American Bank stock was for sale at 1888
and $50 was bid.
Quite jump was made in the bid for
Mergenthaler, as half point was gained
as compared with the figures Of yesterday.
Instead of 1882 the bid rose to 1874. Two
small lots sold for 1874.
There was no change made in the Ltnston
figures OF any consequence and the only
feature of rather listless attempt to trade
In this stock was the Offering of options at
1875.
Options in Green Copper were also to be
had at 249s.