Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-01-30
LOCAL FINANCIAL NEWS.

An advance of point and half was
mace from the bid price of Saturday for
the common stock of the Washington Rail-
way and Electric Company to 29,s which
was the highest selling point at today's
meeting of the stock exchange The bids
Ding began at %. the bid of Saturday. and
as there was no stock apparently for sale
at such 'fgure-in fact the lowest Offer
ing was 30-the bidding steadily went on
It's upward course, and it was not until
291s was reached that the word sold was
heard.
several lots were disposed of at this
leVei and options at 80. The bid did not
get back further than 292s until the close.
when it was 2914. Then the asking price
was 80
also made an advance and several lots
were sold at prices ranging from % TO
STA Saturday 81 was the asking price
and S6A was bid. Today, however,. there's
was no stock for sale at less than Si7s
and very little above that. An offer was
made to buy or sell fifty shares at 81 and
then the bid rose to that level and adj
vanced to SIS. where it was at the close.
The asking price was So.
There was considerable trading In the
bonds of the company. an aggregate of
$4,000 was reached at prices from SIS to
SSA. Better prices were bid for Columbia
Railway Companys per cent bonds, but
without result. The advance was from 1864
of Saturday to 1861. The asking price
10TH.
$1,000 Gas certificate. series A. was
bought for 10. The bid was not renewed
on that level. either for this series or series
b. The bid went back to 1o5. The lowest
asking price was Ia Owing to the small
issue of these securities, amounting only
to 100000 for BOTH they seldom come
on the market. The interest paid is & per
cent. but the company has the right of pay
ing them off at any time. The date of ma
turity is 1927 and 1879 respectively.
Some S11 900 of the Telephone bonds were
taken readily at 106N, and the bid was re-
newed on the same level, which is the high
est reached by this security. but there were
no more offered for sale less than 107.
Fifty shares of Capital Traction stock
were sold after call for 144k. During the
call the best bid was 144 and the asking
price AS.
Two ten-share lots of Union Tru.. and
Storage Company stock were sold for 1211s
and 1t continued to be offered on that level.
block Of fifty shares was also offered at
the same price. The best bid was 121.
An advance in. the bid for the stock of
Home Savings Bank was made to 1876. On
Saturday the bid was 175. There was no
stock offered for sale.
Two ten-share lots of the stock of Metro
politan-Citizens' Bank were sold for $40
and 3391a. After the sale the bid was $3.50
There was no stock offered for sale under
36O.
Ten shares of Commercial Bank stock
were offered for 1856. The highest bid was
1927
Five shares of Riggs Bank stock were Of
fered for $40 and were sold. Another sim
liar block was offered for 625. The bid for
ten shares was 61S and the asking price $50.
Mergenthaler stock was sold for 1913 to
1885. One hundred shares or any part were
offered for 1881. and a block of 100 shares
at 1913. The bid for ten shares was 1921
and the asking price 1873. -
A thousand shares Of Lanston represented
the. trading in that stock. After the sale
of GOO shares, in lots of 100 shares at 1875
the purchase of four 100-share lots was
made at 13A The stock continued to be
offered at the latter level, but the bid was
1871. The broker who was recently a large
purchaser of the stock today was also a
heavy buyer
Mr.. Daniel Fraser, who has been out of
the city for several months. has returned.
and was at the exchange where he received
a hearty welcome from his associates lie
has been visiting his heath place in Scot
land.