Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-28
LOCAL FINANCIAL NEWS.

Nearly 400 shares of Capital Traction
stock were disposed OF at the meeting Of
the stock exchange today on a range OF
1881 to IA. The first six twenty-share lots
were taken at LA, and the buyer, for there
was practically but one. was the case
with the selling. then shaded on the price
for the rest. At the close 143N was bid
and 143N was asked.
The stock is selling ex dividend. and the
prices obtained were better than those OF
yesterday. when 1929 was bid and 1855
was asked.
The president of the company. Mr.. George
T. Dunlop. who has been travelling in Eu-
rope for several months past. was at the
meeting today. He Is not member OF
the board. but he sometimes drops in. and
today when he made his appearance after
a long absence he was given a hearty greet
ing.
AS a coincidence he witnessed on the first
day OF his return greater activity In the
stock in which he is most interested than
has occurred since he was away. If in
tended as a species of welcome home, II
was very well devised, and no doubt was
thoroughly appreciated by Mr.. Dunlop
who rs inclined to the opinion that there
Is not within the limits of the known world
a street railroad quite the equal OF the
Capital Traction or a stock that Is quite
as good as that of my company"
The trading in the preferred stock Of
the Washington Railway and Electric Com
pany was confined to two tifty-share lots
at 90h
The common stock sold more freely and
on higher level than has prevailed for
some days past. The range of prices to-
day $685. to &c. \ bid of 351s was made
for 5000 shares. and an offer was made
during the call to buy or sell the stock at
1915. After the call there was sale at
80, which was the highest point reached.
In spite of the fact that National Union
Fire Insurance Company stock was listed
ex dividend, the bid advanced from to I12
This was on account of the action of the di-
rectors in increasing the semi-annua1 divf-
dend from to 31s per cent. There was no
stock for sale less than s.
All the local insurance companies stocks
are favorably affected by the canged con-
ditions in regard to rates. The attempt
is stated, has failed and so the disturbance
from this source which some months ago
was greatly feared has been averted
All the Gas stock that was for sale at GO
was taken. OF the stock a this price there
were only eighty shares. There was stock
TO be had at GUS. but the best bid was 597s.
A couple of lots of Mergenthaler, twenty
five shares in all, sold for 1858 and 1853,
The stock was then for sale at 1858, out
the bid did not go beyond 1851.
Lanston sold to limited extent In a
range from 151s to 15k. Only one option
was bought and 15s was paid for it. Dur
ing the trading a bid of 15b was made for
the stock in any quantity. There was no
stock to be had at that price except one
lot. Al the close the bid was 1Jk and the
asking price was 1Jh.
The large stockholders of the Norfolk and
Washington Steamboat Company evidently
realize the value of the 5 per cent bonds
recently issued by that company. The
trading today did not attract outsiders
Sales were made at 49, and the bid was
renewed on that level The asking price
was l13
Mr.. Thomas r. Jones' the president of
the National Safe Deposit and Trust Com
pany. has gone to New Hampshire. where
he expects to remain until the first of Sep
TENDER.