Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-05-10
LOCAL FINANCIAL NEWS.

1t is expected that when the connection
between the West Virginia coal fields and
tidewater at Baltimore is completed In Oc-
tober the next move Of the Wabash in this
locality will be to build a railroad to this
city. The superstition is that new road
will come to the city, leaving the main line
of the Wabash property at some point to
the north of Washington. Unless traffic ar
rangements are made with the Baltimore
and Ohio for the use of its tracks within
the District, authority will have to be Sc
cured from Congress, and when that Is done
the use Of the new union depot can be en-.
joyed under the provisions which entitle all
railroads entering the District to come into
that terminal.
The new manual of local securities which
has been prepared by Messrs. Thomas l..
Hume and Eugene E. Thompson is to be
out about the first Of the month. An edi-
ton Of 500 copies is to be printed, of which
about half have already been subscribed.
has thus far been gotten out. and It. has
been the aim OF the compilers to make 1t
the most complete.
The branch in this city of Haight & Freese
Co. has not suspended business on account
OF the litigation in New York and Boston,
which resulted in the appointment Of q re-
ceiver for those two offices. Orders were
OF accounts were made pending the expect
ed vacating order of the court which will
release the funds Of the company.
day the bonds of the Washington Railway
ana Electric Company sold on a range of
sS1s to %, but the trading was limited.
block of twenty shares of the Capital
Traction stock at 1929. and a ninetyday
option on 100 shares sold for 143. The bid
for 100 shares was 142h and for twenty
shares 142&; 142ss was asked.
The preferred stock of the Washington
Railway and Electric Company sold in a
small way, the aggregate being LOO shares.
OF the three fifty lots 93A was paid for
two and 93% for one
The bid for an option was 93A and 94h
was asked. For the stock 93A Was bid and
81 was asked. Yesterday the closing fig
ures were 93b bid and 933s asked.
An option In the common stock was Of
fered at ssh. For the stock at the close
35A was BID and 50 was asked The sales,
comprising four fifty-share lots, were on a
range Of from 81 to 36A. two OF the lots
going at the former price. Only one option
was sold and that was at 36A.
Ten shares of National Safe Deposit stock
were offered for sale with the statement
that 1t was going to be sold to the highest
bidder bid OF 1858 secured the lot. Two
more shares were offered Tor lS5, but lSO
was the best bid.
The bid for ten shares was 1856 and 100
was asked.
A similar announcement was made about
ten shares of Washington Loan and Trust
Company stock. The bidding began at 21O
and ran up to 213 when the lot was sold.
The bid for Union Trust Company stock
advanced to 12oa., but there was no stock
offered for sale for less than 121h.
Ten shares of Metropolitan Citizens
Bank stock were offered for sale at 1855.
The best bid was 33Shs. and it was sold.
The closing figures were 33S bid and $40
asked.
Forty-fve shares of Arlington Fire In
surance Company stock were offered for
sale at 81. A bid of 81 for quotation lot
of twenty-five shares secured the stock.
Then the bid was 30, and 81 was asked.
One hundred shares of Riggs Fire Insur-
ance Company stock sold at SA, then the
bid was SIS and Sss was asked.
An advance was made in the bid for tele-
phone stock from 3S, which was the bid
of yesterday, to 40. An offer was made OF
thirty shares at 40 and twenty shares at
43, but the bid for these lots as for twenty
five shares remained 40.
Sixty shares comprised the trading in Gas
stocks. A twenty-fve-share lot and fif-
teen share lot brought 81 and then CO.'S was
paid for another twenty-five share lot. The
bid was then 6Ok and 81 was asked.
The bid for Mergenthaler rose from 19713
of yesterday to 1881, but without result.
There was no stock offered at less than
1891. Only four shares were sold, and 1913
was paid for them. S11 was bid for the
rights and was asked.
block of 100 shares of Lanston was
sold for 14as The bid then was 14A. and
149s was asked.