Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-07
LOCAL FINANCIAL NEWS.

The principal interest In the trading at
today's meeting of the stock exchange was
again In the securities of the Washington
Railway and Electric Company. There was
but little done in the bonds. In fact. only
one was sold, and that was on a higher
level than the sales of yesterday. Eighty
nine and three-fourths was paid today.
while the bid began at SOS. which was the
selling price of yesterday and continued
throughout. There were no bonds for sale
less than S9A.
The preferred stock did not sell In as
large quantities was the case yesterday.
but marked advance was made in the
price. Yesterday the stock sold freely at
937s, while today there was none offered or
sold less than "a. The aggregate of the
sales reached only about 400 shares. The
range of prices were from "a to 945s- with
an option at 9J&.
The buying was strong, and at one time
a bid of 93h was made for 1000 shares,
and later on the bid for a similar lot rosa
to 94A. After sales at Dan and 94ts. which
formed the bulk of the trading, an offer to
sell stock in any quantity at 80 was made.
At the close the bid was 94fs and the ask
ing price 94&.
There was only one option sold during the
entire trading, and that was for one hun
dreG shares at 95Ss-
The course of the trading in the common
stock was quite the opposite, as the move
ment was downward, following the ten
dency which developed yesterday. The
range today was from 2Sh to 31h while
terday it was from 80 to 3S11.
A feature of the trading was the sale or
six months options on two lots of hye hum
dred shares each, both the period of time
as well as the amount being unusual. the
first option was sold for 39la, the seller buy
ing the stock for 3Ses.
For the second observation-disclosures option
Ss11 was paid. and 37ss was paid for the
stock.
There was no stock sold higher than 3SA.
and from the first sale to the last there was
a gradual weakening in prices The ordi-
nary sixty-day options were bought TO the
extent of two lots at 3Sls and at 3e, out
that feature did not have much influence on
the trading, which was apparently affected
by the fact that stock was to be had at
lower figures.
offers were made to buy or sell the stock
at different intervals on a range from otss
to 37k and a number of blocks of stock
were secured under these terms. Alto
gether the trading reached an aggregate OF
1850 shares.
At the close 371s was asked and 37A was
bid.
Several lots of Commercial Bank stock
were sold at 1853, and that continued the
bid and 1885 was asked.
A bid of IL was made for 300 shares OF
Columbia Fire Insurance Company stock
but block of that size was not offered for
SALE 1OA was bid for 100 shares, and ia
was asked
Nothing of consequence was done either
In the case of Mergenthaler or Lanston, and
practically no changes werte made in the
quotations in either case.
An advance was made in the bid for the
Potomac Electric Light per cent bonds to
1917. An offering of los was made and was
withdrawn.
Today's Government Receipts.
National bank notes received today for re-
demption, 1851 government receipts
from internal revenue, $685. 1854; customs.
S941 DAB; miscellaneous, $49646; expendit-