Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-01-27
LOCAL FINANCIAL NEWS.

Buoyancy in prices marked the trading
at today's meeting OF the stock exchange.
What Is known as bull market was in
fun swing. and was commonly attributed
to the influence of similar conditions in the
New York market
Ihe securities affected were mainly those
OF the electric railway companies although
other securities that are active also shared
In the upward tendency.
AT the opening of the call. the first security
on the list being the per cent bonds of the
capital Traction Company, a somewhat
rapid pace was set by an advance of half
point in the bid 100 was bid and 81 ,Uo
bond was sold at that figure. The bid was
renewed. but without result. as no bonds
were offered for sale at any price.
By this sale the high reerd for this Sc
curity was reached.
AT the very outset q 81 600 bond of the
Washington Railway and Electric Company
was offered at 81, an advance of three
eighths of point over the asking price of
yesterday. 1t was at once taken and the
pid was repeated for 5000. and when taken
was again renewed. Another similar block
was sold, and the bid was renewed.
1here was a good deal of buying at Sis
and S7h, but the buying at these prices
proved 10 be stronger than the selling
Elghty-seven and five-eighths was the
highest point reached in the trading At
the close sI1s was bid and Ss was asked
these figures making the highest record vet
niaue. me aggregate OF the transactions
was over $4,000
A better bid for Columbia Railway Com
pany Us was made in lis, rs compared with
III of yesterday. The lowest asking price
was IDA. The per cent bonds of the
same road the bid was 1061a and the asking
price was 1914 Yesterday the bid was
1864. was
and Suburban Railway Company per
cent bonds from 108 to 1851. and for Ana
costa and Potomac Railway Company :
per cent bonds from 105at to 1906
Gas certificates Joined the upward move
ment. which carried the prices beyond the
highest point yet reached. There was con-
siderable trading done in Them and the
range of prices from foo to 1922. Yes
terday the bid 1o1L. and the asking
price i22A. AT the close 122& was bid and
the asking price was 123. which was with
drawn and 1of substituted.
The bonds of the telepohne company were
also affected. and the bid advanced from
1otS of yesterday to 1GGl2 The asking
price was 10I.
One hundred shares of Capital Traction
STOCK were offered at 40 and twenty were
shares to be had at 144l4 The best bid
made for the stock was 1875.
An advance was made in the price of the
preferred stock of the Washington Railway
and Electric Company from a. which was
the bid of yesterday. to S51s. which was the
highest figure recorded in the transactions
made today. Some J2J shares constituted
the trading. At the close the bid was S5i4
and the asking price S5Ik A couple of lots
or the common stock was sold at 2sis. Then
the bid was PTS and the asking price 2Si.
There was none of the stock of the Home
Savings Bank offered for sale. although the
pared with that of yesterday. The bid to-
day was 1876.
There was practically no trading done
either In the trust or the bank stocks. Two
lots of 10 shares each of Washington Loan
and Trust Company stock sold for 21S and
217. Ten shares of Riggs Bank stock were
for sale and were offered at 625. The best
bid was Gil.
Gas stock sold at SO "a in four o5-share
lots and 1t was still to be had at that price
The bid was, however, 63 5-S.
After a number of 1O-share lots of Mer.
genthaler had been sold for 1872 3-4 and 193
the bid was on 1872 IS and 1913 was asked.
One hundred shares of Lanston were sold
at Ii Is and at the close the bid was IL "a
and the asking price 13.
Today's Government Receipts.
demption, $418.645; government receipts
from internal revenue, s7o7.29e; customs.
s63 .S13; miscellaneous. $4,000; -expendi-
lures, 81 10000.
Available. cash balance. S135, 166, S22.96.