Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-03-29
LOCAL FINANCIAL NEWS.

A majority of the stockholders of the
Washington Title Company. IT is under
stood, have signed an option to sell their
holdings at "a per share. the stock to be de-
the purpose Of those that in this way have
secured q control Of the company to TO IN
combination with the District Title In
insurance Company.
The Washington Title Company, which
has capital of 100000. has just declared
3 dividend Of per cent, payable April l.
The capital Of tire District Title Company
Is $40, 600. a majority of which Is owned by
the Realty, Appraisal and Agency Com
pany, which is managed by practically the
same interests that are dominant in the
title company.
In the event combination. either organic
or otherwise, is made between the two title
companies named, there will be, II Is be-
Heved, a harmony OF interests established
between them and the Real Estate Title
Company and the Columbia Title Company.
The two latter, while separate in organiza-
ton, are now and have been for some time
past under the same management.
The prospect is regarded as specially
favorable at this time for bringing about
what will be practically combination be-
tween four of the existing companies here
that have to do with the titles of property.
Capital Traction stock was in better de-
n;and today than has been the case for
some time past. as the aggregate or the
trading reached 345 shares. There was,
the stock sold was taken by one broker
The bidding began on the level OF the
closing bid of yesterday, namely, l43. ana
ran up until it stood at 144Ia. when four
twenty-share lots were sold, being all
that was to be had on that level
The bidding still continued to advance
and when 145 was reached eight twenty
share lots were sold at that price, which
completed the trading, with the exception
of a 10O-share lot at a quarter advance.
145 was still the bid at the close and the
asking price was lat.
revival of activity in gas stock. accom-
panied with an advance in the price, was
reached total of $50 shares and the range
of price was from 66ss to 67ls. Yesterday
the bid was 66k and the stock was to be
had at 66Z.
Only one lot of twenty-five shares went
for the lowest figure, namely. 66ts. and
then three lots were takenNat an advance of
one-eighth.
The bid was then 66M and the asking
price 81. The bid for 100 shares was 66ls.
After call the heaviest trading in this stock
took place. the bulk going for 81. while an
eighth advance was given for one lot.
the call at 15%. but there was no more to
be had at that figure, but presently
broker offered to buy or sell any part of
500 shares at 49, This was not taken. The
was asked.
After call a two-hundred-share lot went
for 16.
Not enough interest was shown during the
call in the preferred stock of the Washing
ton Railway and Electric Company to bring
about single sale The stock was to be
had at 93a. After the call, however, four
OBSERVATION-DISCLOSURES lots found purchaser
at 93h, and a OBSERVATION-DISCLOSURES lot went
an eighth higher.
The trading in the common stock of the
company was also very slight during the
call, as 1t was confined to two odd lots at
35 and 34A. The stock was offered at 34A
and BAY was bid.
After call Northumberland lot went
for 30.
Some slight trading was done in the bond
list. but at prices already established.
Today's Government Receipts.
National bank notes received today for
redemption, $649 667; government receipts
from internal revenue. $67O. 14S; customs,
$1,2IO, SOB; miscellaneous, $1s2. 425; expendi-
o.