Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-05-24
LOCAL FINANCIAL NEWS.

1t Is the intention OF the stock exchange
to bring to a conclusion as promptly as
possible the pending question as to the
enlargement of the membership of the ex-
change. There are at present. according
to the secretary, applications from eleven
persons for seats on the exchange. Ac-
cording to resolution adopted deposit
must be made in each case by the 18th of
the coming month: otherwise the action
taken authorizing the election of ten new
members will be rescinded.
At the meeting today couple of Metro
politan railroad per cent bonds were sold
at 119h, and more were wanted at the same
price, but there were none for sale less than
100
The bid for Columbia Railway Company
6 per cent bonds advanced from III TO
117h, but without result, as the price asked
was 11S.
Three $1,000 per cent debentures of the
United States Electric Lighting Company
sold for 1887 and the bid was renewed for
any amount For $4,000 the bid was 1885.
There were no bonds offered for sale.
For $1,000 or $4,000 of the telephone
per cent bonds 1O7A was bid. lot of the
former size was offered at 1OS. but there
was no Offering made of the larger block.
There was no trading in the Washington
Railway and Electric Companys bonds.
A bid of 9oss was recorded and an Offering
of 909s.
The bid for Capital Traction stock was
on a higher level than was the case yester-
day The figures went as high as 142s ana
then to 143 The lowest asking price was
143A. The only transaction made was the
sale of three shares at 143.
For the preferred stock of the Washing
ton Railway and Electric Company u was
paid for two fifty-share lots and for TWEEN
-t,,-. rbar hn
81 to 9Ob. The stock was for sale at 9l1s.
The common stock sold for 36 and 36b
and the bid was SO, not only for quotation
lots of fifty shares, but for large blocks.
At the close the stock was to the bad at
36h and SO was bid.
Two ten-share lots of Union Trust Com
pany stock sold for I24k and 1243s, and
then the bid was 124 and 124k was asked.
Fifty shares Of American Bank stock
We're sold In ten and five share lots and
1875 was the price paid. with the exception
of five shares, and in that case 1876 was
paid. At the close 1876 was bid and 200
was asked.
Ten shares of Riggs Bank stock sold for
$50 and the bid was then 651 and 100 was
asked.
For National Union Fire Insurance Com
pany stock there some inquiry, and
broker who renewed the bid that has been
recorded for some time past of ~ said he
would give that for any part of the capital
stock of the company. He also said he
would give for a control of the stock.
which would be a little over 10000 shares.
There was nothing done except to record
a bid of ~ and an asking price OF for 100
shares.
Two twenty-fve-share lots of gas sold
for 611a, and that was the bid for quota
ton lot of twenty-five shares or for lOO
shares. or any part of 100 This bid was
withdrawn and 61S was substituted Inc
asking price was GIN.
Mergenthaler sold at 191, and then there
was no more to be had until block of ten
shares was offered at 1915. This was sold
Then the bid was 1917, and 1913 was asked.
I.anston sold at 10 and 1915, and at one
time the bid rose to 1913, but toward the
close that was withdrawn and 10 was nlo.
The asking price was 15A For an option
15A was bid, but there were no options OF
fered.