Evening star., 1905-11-03
LOCAL FINANCIAL NEWS

The session Of the stock exchange began
SO sharply on tho hour OF u o'clock today.
which il the oficfal time for beginning the
call, but which has not been observed for
such a length Of time. that q large number
OF the members missed the drst portion OF
the list. There seems to be a disposition to
correct the habit Of starting the business
Of the day anywhere from q quarter Of an
hour to twenty-five minutes after the time
fixed. and from the example set today 1t
seems likely the daily cali viii be begun
with more promptness than has heretofore
been the case.
Those who did not come early missed q
continuation In the lively trading in the
bonds of the Washington Railway ana
Electric Company. which aggregated ABOUT
5000. The prevailing price was v1A. ana
the supply at that figure was not exhausteo
when the buying ceased. The bid at the
close was 91h.
1t is estimated that in the past few days
the buying of these bonds on one account.
or at least through one broker, has
amounted to about 100000.
Fractional lots of Capital Traction stock
sold for 145k to 145N. The bid for twenty
shares was 145 and the asking price 146
There was only limited trading In the pre-
ferred stock of the Washington Railway
and Electric Company, and the prices paid
were 03A and 93h, and there was still stock
for sale at 93k at the close The DID was
separated from the asking price by only an
eighth of point. A bid Of 90 was made
for a block Of. 200 shares
Nothing was done in the common stock
and no change was made In the quotations
Of yesterday.
The bid for the stock of the Union Trust
Company advanced to 149. and the only
transaction was the sale Of five shares at
that price. The stock was offered at $50
Some changes we're made in the figures for
the stocks in the bank list. but the amount
of trading was small. For Metropolitan
Citizens stock the bid advanced from 349 to
349k. For Second National Bank stock the
advance was a full point. and for CONNER
cial 2x points were added to the bid OF yes
terday, bringing 1t up to 100. There was no
stock offered for sale until after call, when
two ten-share lots were sold for 1921 and
1913, a record price.
sold for 1S1 and 1S1A. and the bid was con-
tinued on that level but the lowest offering
was then 1917.
Quite q block Of the stock Of the National
Union Fire Insurance Company came on the
market and 1t was taken to the extent OF
Cos shares at ~, and that was the bid at
the close. The asking price was 17s
For Telephone stock the bid was "a points
ahead of that of yesterday. and there was
not only no sale, but there was none onered
for sale. A single share was secured at 48.
and the bid for the stock was Ala.
Gas stock took the other tura today anu
went up, and the feat was accomplished as
easily as the reverse course had been. Yes
terday 1t sold as low as 59M. Toaay 1t was
offered at the start at 591z. and It was not
long before all the stock at that price was
exhausted and the bid and the asking price
both advanced. keeping within All easy DIS
tance of an eighth of point until the close.
when the last sales were made a: COS The
bid was then GO and the asking price
quarter Of point in advance.
The 60 peg was well maintained when 1t
had been reached. and 1t required only the
buying of some 175 shares to cove- the d1s-
tance Of half a point between 593a and CO.
A further buying of one hundred and twen-
ty-five shares was sufficient to taxa all the
stock that was for sale at go and 'Ohs. A
bid of 90 was made for any part OF one
hundred shares or for any part OF five nua-
dred shares.