Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-01-06
LOCAL FINANCIAL NEWS.

Trading in Mergenthaier stock was again
active today. and a good deal of stock was
secured on fractional advances over the
closing bid of yesterday. which was i92%.
There was stock for sale as cheap az
that. but some sales were made at an eighth
of point in advance. The further advance
was by eighths. All the stock at 1925. was
taken. and then all that was for sale at
i52sa. After call a couple Of more lots were
secured on the same level
Altogether some go shares were traded
in. and the advance in the selling price from
the highest of yesterday to that of today
was three-eighths OF point
The securities of the Washington Railway
and Electric Company. especially the bonds,
came in for large share of lie trading,
and after sales of the bonds aggregating
$4,000 had been made so's was the hid.
The asking price was sc.
All that were for sale at and below s,i.
were taken. Yesterday at the close The
bonds were offered at SOS. while S5S was
bid.
The preferred stock in good dema nd
and at higher prices. At the close of The
trading there was no more stock TO be had
a. s47s.
Options were offered at s5i.. There was
no common stock sold during the cali The
best bid was then 2Sh. and the asking
price 2SL. After call the bid renew ed,
and couple of lots were sold at 2Sis and
2SA.
A large block of METROPOLITAN Railway IS
were sold at 1l9. and there was a further
offering of another bond at the same prise,
without result.
The bid for Columbia Railway IS adj
vanced from lO51a to log. but there was no
offering under 1861.
The certificates OF the United States Elec-
trio Light Company were wanted and a
half point advance was made in the bid
without result. The bid was lo4ls and the
asking price JOG.
One hundred shares OF Capital Traction
stock or any part of that amount were Of
fered at 1925. Ten shares were offered for
AZ and that was the bid for option on
100 shares. The asking price for 100 shares
was 143 The closing bid for 20 shares was
40 and the asking price 1I2.
Some sixty shares of American Security
and Trust Company were traded in and the
prices were on about the same level as
those of yesterday. The range was from
23612 to 236S. At the close the bid was
236s4 and the asking price 237.
After the sale OF two lots OF ten shares
each of Union Trust and Storage Company
stock at lie the bid continued on that level.
The asking price was lis.
The securities in the bank stock list were
not in evidence to any extent, the offerings
being mainly In fractional lots of two or
live shares and in only one or two cases.
Ten shares of Riggs Bank stock were sold
for 596
The fire insurance company stocks were
also practically inactive. Two lots OF
twenty-five shares each of Metropolitan
Fire Insurance Company stock brought "a.
and then the bid was Is with no offerings.
The bid for National Union was and ~
was asked.
Gas stock sold at 64k, and after call two
lots of twenty-five shares each went for the
same. The stock was offered at 64ls.
Today's Government Receipts.
National bank notes received today for
redemption. 81. 1876. 632: government re-
ceipts from internal revenue. 81. 023. S92;
customs, $S66.74S; miscellaneous. s66, S60;
expenditures, 81, 1000.
Available cash balance $14B, $50 274. 80.