Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-15
LOCAL r1xAHc1AL NEWS.

The stockholders OF the Washington Title
Company have been notified by Mr.. Jesse
L. Heiskeil, representing 7.135 shares Of the
total TO- zoo shares OF the capital stock, that.
acting under the authority vested in him
by the said stockholders, he has sold the
stock at q per share net cash. In making
this sale Mr.. Heiskell reserved to the
minority stockholders the opportunity to
sell their stock at the above named figure
by providing that the purchaser should
take all the stock offered at "a per share
net cash to any stakeholder who had not
Joined with the majority.
The minority stockholders have an oppor-
tunity of disposing of their stock under
these terms on or before April 20. AS
stated in this column, the purchasers of a
control of this stock is a syndicate COM
posed OF men who also control the District
Title Company.
The financing of the reorganized enter
prise to continue the building of an electric
railroad between this city and Baltimore
and Annapolis has made such progress tina.
call has been issued in Cleveland, Ohio
for the payment of 20 per cent of the stock
The men in control of this company is the
Sherman Bishop syndicate Of Cleveland,
Ohio, and the new stock has been mainly
placed in that city.
The committee authorized by the stock
exchange. to be appointed to consider the
advisability of increasing the membership
of the exchange, Is to report at meeting
to be held next Wednesday after the call
The clearings at the Washington clear
ing house for the week ended today were
$4.S5LT51.75, an increase of $745, 6S5 over
the corresponding week of last year.
After the remarkable trading of yester-
d<1vv u
Of anything witnessed in the history of the
organization, the proceedings today were
not marked by any great activity.
The interest was naturally conferred in
the common stock of the Washington Rail-
way and Electric Company. the sales of
which yesterday ran into S.000 shares on a
range Of 3GM to 3Gk Today the entire ag-
gregate of the sales was 1850 shares and
one point above the range on which the
bulk of yesterdays sales were made
During the trading options were offered
at BIZ and 37as was bid for them. There
were bids for large blocks, from 600 to 1000
shares. which varied from 81 to BITS. One
lot of fifty shares sold at 377s. and at the
close 371s was bid and 31as was asked. Only
one option and that at 3I7s, was sold.
The dealing in the preferred stock was
limited to the sale of two 100-share blocks
at 941a and some fractional lots at range
from 94%. to %. An option on LOCO shares
was offered at 95H, and for 1o0-share OPP
ton 80 was bid.
During the trading a broker stated that
the semi-annual dividend of 2h per cent
had been announced to be paid in June. AT
the close 94Ss was bid and 94ls was asked.
A limited amount of trading was done In
CAPITAL Traction stock, fifty shares being
the aggregate of the sales. A quotation lot
of twenty shares was the only one sold and
1437a was paid for it. For two ten-share
lots 144 was the price.
An offer was made to either buy or sell
the stock at 14324. and fifty shares were Of
fered either way, but without result. AT
the close the bid was on that level and IA
was asked.
Gas stock was traded in ex-dfvidend and
100 shares in all were bought in twenty-five
share lots. The range of prices was 66A and
66sa A bid of 661h was made for 100 shares
and fifty shares were for sale at 66k. An
option was offered for 667s. At the close
6614 was bid and 661s was asked.
Lanston sold on about the same level as
it did yesterday, the prices running from
lax to 141s A bid of 149s was made for
large blocks. Altogether seven 1O0-share
lots were sold, and at the close 149s was bid
and Ian was asked.