Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-02-04
LOCAL FINANCIAL NEWS.

ness of the city may be found in the in
crease in the amount of money that Is
used in these chsnneIs. The reports made
py the national banks as to the character
OF the loans shows that nearly one-half is
secured on what Is known as commercial
paper, notes of one or more names.
Inc hsures from the report of the con-
tfoiier OF the currency relate. of course.
only TO the loans made by the national
banks of the District. and do no, incluae
.ne amount of the loans of the trust COM
pahies. Arranged under the heading of col
, ,.t.' ana commercial loans the figures
given are as follows:
one or more name notes. SO. 4Ts 100 1851 ioI
~ '''.'.-.-....-... 9,059.757 s.65s 43l
Total ACKNOWLEDGEMENT aa59s7 sl6.11s. ss2
ing OF the stock exchange i'm the bonds of
n nae WASHINGTON Railway and Electric Com
and S79s; There were bonds for sale at at s7L..
put put The hid did not go beyond sra In fact.
the bidding for this security, as well as
most OF the others the board was
rather ltstless, and 1t was evident most of
the me brokers had come to the exchange
A couple of lots of fifty shares each OF
the railway preferred stock constituted the
entlre dealings in that security, with the
exception of a fractional lot The price
obtained was sc. which was an eighth less
than the closing bid of yesterday Large
blocks of the stock were offered at sc. and
IL seemed likely that the offerings could
nave been much less without exciting any
interest.
The common stock was passed along
with merely perfunctory bid of % and
20 asked and no attempt was made to
trade.
The first real activity of the day was in
National Safe Deposit Companv stock
when bid of 1877 brought out three ten
snare lots One lot also went for 1861
after that an offer was made to buy or
sen the stock at 1856. without result One
hundred shares were offered at 1S6 The
D pig was then allowed to slump down to
Ioo. and the asking price to 1851
When Gas stock was called business liv-
ened up considerably and offerings at 64h
were taken quickly to the extent of 125
SHARES. Inc bid then receded to 64h while
the STOCK continued to be offered at 64L
641s the bid was GA. There was no change
In the Offering. Yesterday the closing bid
Tor this stock was 64h. while the asking
price was 64K
One lot of the certificates sold for 1901.
ana then the bid was 122 and the asking
price 122A, but there was no more trading
Inc trading in Lanston was confined to
.nree lois comprising $50 shares. The uni
form price paid was 13A and then the bid
was I3Es and the asking price 132.
"A change was made in the bid in the case
9i some or the bank stocks. The bid for
Lincoln advanced from 1901. to 131: Trad
eis; !oi TO l69 Second National. 147 to 149
ana observation-disclosures 3S7 to 1898.
rem shares of Commercial Bank stool, sold
TOT 100 which was the only transaction in
the bank list, The bid was renewed on
that level, and 1854 was asked
;. After call ten shares of American secur-
lty and Trust Company stock sold for 90
Which marks high point in the upward
course OF this stock. During the call the
pa had risen to 239a., but then there was
no stock offered for sale under 242
An option on 100 shares of Capital Trac-
tion stock was offered at 1451b. Twenty
SHARES We're offered al 144I, while the best
bid was Has.
Today's Government Receipts.
National bank notes received today for re-
demption. s9s6.521: government receipts
from internal revenue. s77S.969: customs.
s911 730: miscellaneous. $50 393; expendi-
ST 120 ono