Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-02-10
LOCAL FINANCIAL NEWS.

AT least two individuals are willing to
pay $1,000 apiece for seats on the stock ex-
change. Offers to this effect have been
made publicly on the floor of the exchange.
but thus far no sales have been made
these terms Up to this time the price
above mentioned is about 81 900 more than
has been paid fo- membership In the
ganization.
Washington Railway and Electric Conn
panys per cent bonds were In moderlts
demand at today's meeting of the ex-
change. but with the exception of one $1,000
bond, which brought Sta the prices obtain
ed were ON the level of those of yesterday.
At the close the. bid was stronger than That
of yesterdays record, as 1t was S1l6 There
was no stock for sale under 81.
One hundred and seven was bid for the ,
per cent bonds of the telephone company.
There was no offering less than iU12s. and
there was no trading.
What are technically known scraps
that is. parts of a quotation lot of any Sc
curity, comprised the only dealings In Cap
1tal Traction stock. There were four lots
sold and the aggregate of the sale was
only nine shares. However, these few
shares have the distinction of selling al the
best prices thus far reached. namely. liJ14
and 14515 One hundred shares We're Of
fered at la, and 144ia was bid for that lot.
The bid for twenty shares was 1i4iz and
LAG was asked
The trading in both the preferred and the
common stock of the Washington RaiiwRy
and Electric Company was light The only
sale of the preferred was fifty shares at
S6ls. which is quite advance over the
asking price of yesterday. \ couple of
options were sold at 50, and they were
then to be had at STla After call an e y
ton was secured at s6%. At the close the
bid was S6ss and the asking price S67s.
options on the common stock were sold
for 29sa. 29ss and 2oA. The stock was bought
at 2sps and 29as- The bid for fifty shares
was 29S and the asking price 29A
few changes were made In the figures
in the bank stock list, The bid for Metro
poHtan Citizens stock advanced from 33S
to $40 and the asking price from $40 to $40.
as compared with yesterdays figures.
Ten shares Of Commercial Bank brought
16th. and after call les secured ten more.
For five shares 16S was paid. At the close
or the call 18TH was bid and les was asked.
For American Bank the bid advanced
from 165 to 1866.
There was no tradingcin the stocks in he
list of fire insurance companies. In several
instances an advance was made in the ask
ing price,. The Improvement which has
been noted in the market for these seeuri-
ties is believed to be due to the confidence
that the situation in regard to rates Is we'll
in hand.
The asking price for Columbia Fire adj
vanced from 11h to liz; for Peoples from
61s to Ga
Five shares of Real Estate Title Co.'S
stock We're offered at so and 30 was bid.
The bid for ten shares was 50 and the ask
ing price 30. Columbia Title was offered
at 37s. but the best bid was "a. The for
mer was withdrawn and substituted.
A couple of twenty five-share lots of Gas
were secured at 641s. There was still a
market for the stock at that figure but
the asking price was 65. A bid of Gas was
made for 100 shares.
Mergenthaler sold at 1851 and l95M-two
ten-share lots. There was further trad
ing. The bid at the close was 1854 and
the asking price 1865.
Lanston sold at IL y and 1875. At the
close there was stock for sale at 1875, but
the bid had not advanced beyond 13A