Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-15
LOCAL FINANCIAL NEWS.

Additional floor space viii be secured by
the Union Trust Company in Its building.
1414 F street by the carrying out OF plans
which have been adopted. The architects
who designed the building. Messrs. Marsh
& Peter. have arranged for putting in a
gallery. which viii extend around the four
sides OF the banking room. In this way
space will be provided for the bookkeepers
and other employees. thus relieving the main
floor. which was becoming overcrowded. As
the ceiling OF the room extends to the roof.
this change can be made without inter-
ferring with either the light or ventilation.
There was !:fe in the trading at to-
days meeting Of the stock exchange until
LanstoE was reached-in fact, there was
practically no trading at all, and what was
done in that stock saved the sheet of the
days business from having the slim ap-
pearancc which is generally the sign of
duh day
The way the brokers who had Lanston to
sell or to buy took hold of the trading
had a snap about it that suggested day
IN January rather than in June.
The very first bid made which came in as
soon as the stock was called, was 16te. ana
that was the price asked at the close OF
yesterdays trading. From that time until
the close there was no dragging in the
trading. II went with q swing that showed
there was no time wasted in making up
minds. 1t was evident all that had been
done beforehand
The aggregate of the sales made reached
200 shares, which is large for one days
business, and instead OF 1GA bid and 1874
asked, as was the when the trading
ceased yesterday, the bid today at the close
was II, and 1Ths was asked. -
In fact, the II point was reached and
held only by taking good deal of stock.
There was comparative little to be had
cheaper Then that what was offered,
whether in quotation or in fractional lots,
was promptly taken. After the II level had
been attained there was slight recession.
and one lOO-share lot was secured at 1875.
The main struggle on maintaining the
II level and that done by the purchase
of some LOO shares of the entire aggregate
of the days trading. Included was one
iive-hundredshare lot.
There was more stock to be had at
II. and that became the bid. For large
amounts running UP to one thousand shares
bid Of 1878 was made without result. A
couple of lots offered at lis were taken.
and then the only option of the day was
sold at 1734. the seller buying one hundred
shares at 17h.
17M and the offering was TIA. The bid,
however. did not advance beyond II, and
at the close these were the figures
level of little over IA. Today's record
shows advance in that line of some three
points. There is no special reason given
for this activity. but it is quite evident
that the stock is not coming on the
market in the wholesale fashion that
prevailed some time ago. In other words,
1t is more strongly held. which explains in
part the present condition of the market
A $500 bond of the Norfolk and Washing
ton Steamboat Company sold for 10S. The
offering was 1882, and 1OTA was bid.
The bid for Second National Bank stock
advanced from 158 20 100. There was no
stock offered for sale. The bid was with
drawn and 158 was substituted.
A bid of ITO was made for five shares Of
be had at 175. For ten shares 1913 was bid
and 1870 was asked.
A better price was bid for Telephone stock
than was the case yesterday. Then Al was
BID and today an advance was made to
43h. There was no stock offered for sale
except five shares at 45A. The best bid for
that lot was 43.
Three twenty-five-share lots of Gas stock
sold at 611a, and one lot for 61As. The Of
fering at 61h was renewed and then with
drawn. 61as being substituted The bid at
the close was 81 Is.
Greene Copper was offered without the
dividend at 221s. The bid was 21a4. A
couple of ffty-share lots sold for %.
Ten shares of National Safe sold for 1872.
The bid was renewed and then advanced
to 1922 There was stock offered for
less than 1875.