Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-10-26

A drop OF several points In the prevafhn8
price for the stock Of Mergenthaler was one
result today of marketing some two hum
dred and fifty shares. At the meeting OF
the stock exchange one Of the brokers, as
II turned out. had about that amount Of
stock which he had for sale. The BID at the
start was not quite up to the selling price
of yesterday. which was 100 for couple Of
lots and which was point behind the
best selling price in the recent rise, which
is 100
Today the bid at the opening was f8. and
1t constantly receded from that point. al
though 1t was well held at 196, considering
the rather heavy selling. In fact. the great
bulk OF the entire sales for the day went
at le and 1862. and at those levels both Of
the afty-share lots that were Included IN
the sales were taken.
At the close the bid for fifty shares was
1854. but the seller was unwilling to let
such block go at that price. He was Of
fering the stock at 1851, and the bid was
1851 The range of the selling was from
1877 to 1885,
There was plenty of gas stock apparently
aor sale, sale about 50 and also plenty Of buyers
at lower figures Large blocks were in de-
mand at 90 and at lower levels, but those
that have the stock for sale wanted to get
their figure, which is presumably 90.
Inc trading was OH range Of 90 to COZ
and resembled that which has been going
or for some days past namely. an effort
to market the stock at certain price and
the of good many to take Axe
contest seems to be a drawn battle.
There was plenty of the common stock
Of the Washington Railway and Electric
Company to be had at 43 and the greater
portion of the four hundred and fifty shares
which constituted the trading was bought
at that price The range was 42A to 43.
hr,,,1 raI et.1 NJ ft~A
ferred stock changed hands and the prices
paid were from 1914 to 92Ts a lower range
than prevailed yesterday. At the close the
bid was 30 and the asking price one-eighth
higher.
There was not much done in the rest Of
the list. and the changes made in the fig
ures were not of much consequence. The
amount of the trading done makes the days
business one of the best. although 1t would
not. perhaps. in that respect rank any high
er than the average.
If the trading had reached unusual pro-
portions 1t might have been attributed to
the attendance which was the largest that
has been known In the recent years: III
the forty members there were twenty-nine
present. which is at least four to six more
tRan the usual number.
Dr. Ralph Jenkins was in his seat for the
first time since the summer. He has been
out of the city, for when he is here he is
usually one Of the most faithful in his at
tendance on the daily meetings. During the
summer he had the misfortune to lose his
father, and this has brought about change
in the responsibilities thrown upon him. so
that he has decided. 1t Is understood, to re-
tire from active business
He will sever his connection with the real
estate frm of Shepard & Jenkins and 1t Is
said that he would sell his seat on the ex-
change if there is any one that wants 1t at
the figure which he thinks it is worth.
There are several other members who are
credited with having much the same attitude
toward their membership, the recent adj
vanced prices that have been paid for seats
having something to do with It.
Today's Government Receipts.
National bank notes received today for re-
demptfon 1854 COS; government receipts
from internal revenue, $50, SO; customs
81. 213,s91; miscellaneous, $59,37O: expendi-
flIr