Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-10-31
LOCAL FINANCIAL NEWS.

The report of the governing committee OF
the stock exchange on the proposed change
in the rules relative to self-to-self sales
was made at meeting which was held
today after call. The committee did not
favor the proposed change, and after hear
ing the report no action was taken by the
exchange.
The bulk of the trading OF a rather slack
day was confined to the bond list. the bonds
Of the Washington Railway and Electric
Company being the leader. Several lots
aggregating 5000 were sold at ON and
then one block of 5000 at an eighth less.
The bonds were still for sale at 91h and
an offer was made to buy or sell any part
OF 10000 at that level. but II was not ac-
cepted.
At the close the bid was 91s and the ask
ing price 91S.
An unusual amount of gus certificates
were dealt in, the total sales reaching
5000. The price paid was 12OjS. and there
were more to be had at the same price, but
the bid did not rise above 120%. One thou
sand dollars Of the certificates OF the COM
pany known as class A sold for 100. ana
that was bid for more, but the asking price
was a quarter of a point In advance.
One of the bonds Of the Potomac Elec-
trio Light Company sold for lot. and then
the bid was 100. but there were no more Of
fered for sale.
The prospective buyers and sellers In the
case of the telephone bonds were within
an eighth of point OF each other. but
they did not get together until after call;
1851 was bid and 106s was asked.
There was wide separation of the asking
and the bid price in the case of Capital
NJ trading and apparently no disposition
to do So The bid today was not equal
to that of yesterday, which was 145h.
while today 1t was half point less. No
change was made In the asking price, which
was 146A
There was no trading done in the pre-
ferred stock of the Washington Railway
the sales amounted to only two lots OF
twenty-five shares In all, so that In COM
parison with what Is usually done in this
security 1t may as well be said that It was
neglected at today's meeting. The price
paid for the two fractional lots that were
sold was 49, and at that price during the
call the stock was offered. as was the case
at the close yesterday. The bid. however.
did not rise above 92h. An option was Of
fered at %.
The common stock Jared somewhat bet
ter and succeeded In having couple Of
quotation lots placed to its credit in the
sale list. The prices paid were ~ and an.
Instead of stock being offered freely for
sale. as was the case yesterday at AZ, the
bid rose to that level and higher still to
42A The latter was withdrawn and 42h
substituted A bid OF 42A was made for
1000 shares. At the close the stock was
to be had at 42S with no change in the
bid
Ten shares of the American Security and
Trust Company sold for 2SSh. instead OF
800 as was the case yesterday. After the
sale the stock was offered on that level and
the bid was 1873.
For the first time In years, exactly how
many it Is not known. there was a trans
action In the stock of the Washington Safe
Deposit Company. The bid that has re-
Gently been made of 76, which Is much
higher than has been usual with this stock
was made today, and three lots aggregat-
ing twenty-five shares, were sold. There
was still more of the stock for sale at the
same price, and finally a drop In the offer
ing was made to 75. but without result
No further bid was forthcoming until the
broker who had the stock for sale bid IS.
Three ten-shAre lots of Metropolitan Citi-
Zens Bank stock found a purchaser at 34D,
and there was more to be had at the same
price, but the bid receded and did not get
beyond 34Sh. The holder was firm at that
Offering, and there was no further trading
At the close the bid was 34S, and the ask
ing price $40.
The bid and asking price of Mergenthaler
was separated by just two points and that
of Lanston by an eighth of a point There
was practically no change made in the fig
ures as compared with those recorded yes
terday.
The sale of 100 shares of gas stock at 59h
comprised the only trading In that security
The bid and asking price remained practi-
cally unchanged.
An advance was made in the bid for
Washington Title from 3 to T. but no stock
offered for sale.