Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-12-05
LOCAL FINANCIAL NEWS.

Blythe action yesterday Of the two boards
Of directors OF the District Title Company
and the Washington Title Company. the
business OF the two companies viii after
the first OF the year be conducted as II they
were one concern.
There was no organic union effected. The
same set Of officers for the two companies
was elected. The abstracts OF titles issued
will bear the names of both companies. For
the present at least the two offices will be
maintained. that of the District Company
at 6lO 18th street and that of he Wash
ington Company at 507 e street.
Mr.. Watson J. Newton, the president OF
the district Company, Is now the head OF
both concerns
president OF the Washington company, Is
one OF the vice presidents and Mr.. Charles
T. Alien the other vice president. George
Il OConnor Is the secretary, and George
X. Linkins cashier.
E. Southland Parker is the treasurer of
the District and w. ". Cox the treasurer
of the Washington
Other than the changes above noted, the
officers and directors of each company re-
main the same. and the business will be
managed by joint executive committee, or
which w. j. Newton Is the chairman. ana
consisting of Thomas p. Woodward. Charles
G. Allen, Theodore w. Noyes, George II.
Harres. s. w. Woodward. E. Southland
Parker Brice ]. Moses and ". Y. Cox.
The demand for securities on the bond
list noticeable feature OF the trad
ing at today's meeting of the stock ex-
change. The volume was not large, put
better prices than have been quoted re-
Gently were given and the bids on the
higher level were continued, showing that
more were wanted.
The bonds of the washington Railway
and Electric Company sold on the same
level as has prevailed for several days past
and one block went for an eighth less. The
bonds were to be had at 50.
In the case of the preferred stock 1t was
remarked there was little for sale and
there was better demand for 1t than mas
been observed for several days past.
The bidding began on the level of the
past day or so, namely, at S7h, but 1t
soon ran up to SSb, and then, continuing
IS was bid, and fifty shares were Cd,
on the same basis, but there was no stock
offered for sale until after some time, when
an offering was made at 3D.
An inquiry was made as to what would
be the price for block of 500. and after
some hesitation an offering was made al
90. The bid for it did not go beyond %.
Some fractional lots were sold. and tnen
one hundred shares at $50. The DID TOT
the stock was then $685., and the asking
price quarter of a point higher
There was not much change mace IN INC
common stock although there was no
trading. The bid remained at al. and that
was named for block of one thousand
shares, At the close bid of an eighth IN
advance of that was made for one nun ,sl
dred shares The lowest offering was Aba.
A bid Of 41A was made for an option on
one thousand shares.
The hid for the stock of the telephone
company advanced somewhat as 5lh was
bid The asking price was 81.
Sales of Lanston were made at IAN, ana
there was stock for sale at 10, with the DID
at 14S
Today's Government Receipts.
National bank notes received today for
redemption, s572,775: government receipts
from internal revenue. $534.30o: customs.
s942. 200; miscellaneous. $40. $685. expendi-