Evening star., 1905-10-05
LOCAL TIHANc1AL NEWS

The securities OF the warrington Hati.
way and Electric Company occupied the
greater part Of the attention OF the brokers
at the meeting today of the stock exchanges,
although gas stock also proved OF con-
siderable consequence in the trading. The
record In these Instances was that OF high
er prices and good progress toward regain-
Ing the higher levels of few days ago.
The railway bonds were unusually active
and there seemed to be strong demand for
them; In fact, the market was so good that
better prices were paid. Instead of selling
at BIZ. as has been the case recently. the
figures today went up as high as .yl1z ana
at the close the bid was an eighth nlgheF
than it was at the close Of yesterdays 8
trading. and the asking price was 9119.
Large blocks were the feature of the trans
actions
Over 1.600 shares of the preferred stock
were dealt in. including options, and such
was the strength of the market the price
advanced a point and a half over the selling
price OF yesterday. The bidding began on
the level of yesterday, namely. 81, and the
stock that was to be had at that figure was
rapidly taken.
There was almost a general demand for
more even at higher prices. These were
paid and 93 was soon reached, and at this
point deals in options were made at half
point advance by those who bought the
stock, not considering the options, was s3ts
Al the close 90 was bid and o3A was
asked.
and there was good business done In 1t ana
at better prices the range for the day be-
ing from 43N to 44x. About 2,500 shares
constituted the trading. The advance made
was a full point over the closing bid Of
yesterday. The last bid was 441s and 449s
was asked.
1t became evident soon after gas stock
was called that there was no stock to be
had under 81. and as the result showed
the bulk of the AS odd shares that consti-
tuted the trading were secured at that
level. 1t sold quarter higher, and at the
close that was the bid. and the asking price
was 61l1 Yesterday the best price paid
for a quotation lot OF twenty-five shares
was COS, SO that the advance which has
begun in this stock was continued today.
noticeable thing about the trading wes
in. and also the frequency with which bids
for 100 shares and more were made.
There was some sales of the bonds of the
Norfolk and Washington Steamboat Com
pany on a range from 110 to 110A, and the
bid continued at HOS. with offerings an
eighth higher.
An advance was made in the bid for tele-
phone bonds from 106 to 1854, and 107 was
asked.
A limited amount of Capital Traction
stock sold for 1457s. and one lot an eighth
higher, which was an Improvement over
the figures of yesterday. The bid at the
close was 145ss, and the asking price 143
Ten shares Of National Safe Company
stock sold for 1925, and there was more
stock wanted at the same price, but the
lowest offering was 193
Union Trust stock sold up to 1+4h, and
then that was the bid for 100 shares or for
any part of 100. There was no stock Of
fered for sale at the close at less than 146.
After the purchase of three ten-share lots
of Mergenthaer at 1854 the bid was an
eighth less and the asking price 1854.
The trading in Lanston was limited to one
1O0-share lot. for which 15A was paid. The
stock was still for sale at that figure The
broker who offered it said in reference to an
offer made by one of his associates to bet
that, dividend on the stock would be de-
clared by next January that he would sell
the stock including this prospective pay
ment. The best bid, however, was then 151z
The transaction in the Greene Copper was
confined to $50 shares, and the price paid.
257s, was somewhat less than the quotations
of yesterday. Nothing was done In the
Graphophone stocks.
Today's Government Receipts.
National bank notes received today for
Sfo2 -xo.fxe,