Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-01-10
LOCAL FINANCIAL NEWS.

xOCAL E4MANC1AL NGW0.
The annual election for directors Of the
various national banks were held today
and In addition to depositing their ballots
the stockholders heard statements about
the condition of the various Institutions
which were highly gratifying. During the
year which has Just closed one new bank
has been organized and two banks have
been merged and statement OF the united
resources indicates an enlarged business.
The deposits have been increased ans al
together the situation from the standpoint;
of the national banks is n bright and prom
isng one
This evening The members of the board
Of directors of the Commercial National.
bank will be entertained at dinner at ths
Arlington Hotel by Mr.. Freder ok c. Ste
fens, the president OF the bank.
Owing to the vacancy in the ssam of the
American National Bank by the acceptanr.
| by the first ass slant cashier. Edwin Il
Oids. of the treasurership of the Union Truss
and Storage Company. the following pro
motions have been made: FIRST ass an.
cashier. A. c. West: second assistant cash
Ter. j. w. Williams; receiving teller. THONGS
Hayes
After sales at the meeting of the stock ex-
change today had been made of two lots OF
Washington Railway and Electric Railway
bonds aggregating 5000 at SIS the offer
ings were continued on that level but the
best bid was 1914.
A better bid was made for Metropolitan
Railway is. as 11SA was bid either fer
81. eco or 5000 There were no bonds for
sale under 119.
A Gas certificate for $1,000 brought l22
which is a somewhat higher price as com
pared with previous sales. The bid eontin-
ued at l21B and there were more to be had
at 122 Finally this offering was withdrawn
and 122ls substituted.
Prospective purcha sers of Capital Trat-
ton stock were willing to pay 1924, but the
Lowest Offering Of twenty shares was a.,
after call an offer was made to sell loJ
shares at IA. which was rot taken.
The bid for the preferred stock of the
Washington Railway and Electric Company
rose to S4hi. Then the asking price was
sf&. Afterward the latter was withdrawn
and S4ia was substituted. The bid WAS
then "a.
There was no change made in the bid
and asking price for the common STOCK
Is was bid and 2Sls asked
Forty shares of Washington Loan and
Trust Company stock were offered for
2161s. The best bid was PIG. The bid for
ten shares was 2l6. and the asking price
22U
Fifteen shares of American Security
and Trust Company stock were sold for
236. and the bid was continued on that
level and advanced to 236t without re-
suit; at the close 236 was bid and 30 asked
The bid for Union Trust and Storage
Company stock advanced to III. There
was no stock offered for sale
Ten shares of Second National Bank
stock were sold after call for 165. Dur
ing the call the best bid was 1927 and
the asking price 10.
Three lots of ten shares each of CONNER
cial Bank stock went for 100. and that CON
tinued to be the bid, but there was no more
stock offered for sale.
Five shaI of American Bank stock were
offered for sale at 175. The best bid was
ITO Ten shares were offered at 1S9 and 100
was bid.
The bid for Riggs Bank stock was 59G and
GOO was asked The latter was withdrawn
and 100 substituted.
For National Union Fire Insurance
stock, the bid was and the asking price
~. There was no trading.
One share of Colonial Fire Insurance
Company stock was sold to the highest
bidder for %. The bid for ten shares was
100
Eighty-two bid for ten shares of
vance over yesterdays bid. The stock was
offered at 100.
Three was informally bid for 100 shares
of Washington Title Company, but without
result.
Gas stock was offered at GALS. The best
bid was 637s. These figures were with
drawn and 637s bid and 64k was asked.
A sale of ten shares of Mergenthaler
stock was made at 192k Then the bid was
1872 and the asking price 1929. For 100
shares 191 was bid and 1924 was asked.
Ten shares were at the last offered at 1927
and the bid was then 1917