Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-01-14

that price. The bid was renewed. but there
was no stock for sale less than "a. An
offering of twenty was made and bid of
SOFA secured the lot After call ten shares
The advance in the quotations for this
STOCK has sven rise to a good many con-
lectures In financial circles. Since the
payment of the dividend was stopped some
three years ago. there has practically been
no market for the stock. Ii was quoted at
about 80. where 1t remained until a month
or so ago, when slight upward movement
started.
The bid price for it has gradually risen.
but very little stock has come the mar
ket The suspension of the dividend pay
ments was announced to be in consequence
of the expenditures that have been and
are being made on improvements and
which at present constitute floating debt
winch 1t Is estimated will aggregate about
soOOOW0. The present bonded debt Is
HoOoOoO in per cent bonds and the capt.
tai stock Is S2650.OOO.
1t is not believed the resumption of the
payment of dividends In the stock is con-
tempiated for the present. and some are of
tne opinion not for three years at least b,it
IT is conjectured that the renewed interest
In this security is due to the belief that the
business of the company has expanded with
good prospects for the future.
1T is thought that the doing away with
the unlimited service In the business dis
trict wherever possible, and the substitu-
lon OF the limited service is resulting i'm
increased revenues to the company in addi-
tlon to the extension of the house phones
The present rates for the business phones
range from s4S for 600 messages year TO
*io- for 4OOO messages. with a charge of !
cents Tor every message in excess except
IN the case OF those making a contract for
cents. 40
A contract for the 1000 message service
Allows for thirteen messages per day for
$50 days In the year and such service
n "ea liter mere Is no excess messages is SI32
- year, whereas under the old system
sue cost OF the unlimited use of a phone
LUZ year IN business place was Sl25.
M, mere was no trading In the bonds of the
washington Railway and Electric Company
ana after call the bid rose to S57s, but with
out result " ~
as compared with yesterday and two "a
SHARE iots sold for "a and ~ 3-S The bid
i 10. nity shares rose to 81 "A and s. was
for S. 0'i' MY soid
After sales of the common stock of 271h
the bid was on that level and % was hid
lor optlons: block of 100 shares was
u 3-S and the asking price p 5-S
len shares of the stock Of the Washing
ton Loan and Trust Company was for sale
at 21S. The best bid was 217L
Fifty shares of Union Trust and Storage
Company stock were offered for 100. The
bid was no. For ten shares 11S was bid
and 120 asked.
rive shares Of American National Bank
STOCK were sold for 10 The bid for ten
shares was 165. and $50 was asked
Gas stock sold. $50 shares in all. from
oa1s TO SSS. After the sale at the last
named figure the bid was 63la. The asking
price was Ga
Nearly 100 shares of Mergenthaler were
sold at 1917 There were two lots Of ten
ana twenty shares. respectively, that went
g lower. After the latter sales the bid was
191A
Lanston brought better prices than usual,
as the lOO-share lots that comprised the
trading brought from l2h to 13 At the
close Ii was asked and 12& bid.
Greene Copper was also on higher level.
One lot of 100 shares brought 20, and then
the stock was offered at that price, with
25Hs bid.