Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-03-28
LOCAL FINANCIAL NEWS.

Some time was spent at the meeting To-Day
OF the stock exchange In giving one or two
brokers the chance to say what they would
take or give for fractional lots of Bank or
Washington stock. No quotation lots were
at any time for sale. The largest ofrering
was of five shares at $50. and the best bid
for such lot was 537
The bid for a quotation remained UNI
changed at $50. There was no reason evil
dent why there should have been this
jockeying in the stock at this time. as
there are no new developments in the sit
uation as to the bank. except the reports of
favorable progress made toward securing
the consent of two-thirds of the stock
holders to the proposed increase OF the
capital stock to half million of dollars.
The bidding for the Lincoln Bank stock
has been somewhat stronger of recent
days. and today when ten shares were Of
fered at 40 they were taken by the broker
who has been the buyer OF late. There
was no more offered at less than 152.
Ir consequence. it Is supposed, OF the de-
mSnd, which seems to have sprung up tor
this stock at better figures there Is some
fs.lk about a plan for Increasing the cap
ital stock. Thus far, however. there seems
to be nothing but the vaguest sort of gos-
sip-of much the same character as the
runfors that are still heard about starting
another national bank. This time the ad-
diuonal information Is given that the To-
cation FOR such an Institution is to be IN
what is known as the downtown section
which is the vicinity of Pennsylvania ave-
nue. and 1th street
One ten-share lot Of Metropolitan Bank
stock sold on the same level as was the
case yesterday, and then more was offered
at lower figure. and block of 100 shares
was to be had at 334A. There was no bid
Tor the latter lot. but for the stock the bid
was 334. The stock will sell tomorrow
"a rtx dft{d -
cent.
Gas stock was traded in at fractional
changes within a range of three-eighths of
point. There were also some options sold,
the sellers securing the stock at the pre-
vafling rate. A block of 100 shares was for
sale at 6Ola. but the best bid was CO.
A higher record OF prices was reached as
the result Of the trading.
Lanston made another move upward but
not much stock was brought out In order
to accomplish the rise. The bid seemed to
be firmly placed at 1873. as that was made
for block of 500 shares. The stock was
for sale eighth higher.
There Mas not much done IN the street
railway securities. No change of conse-
quence was made in the figures for the
common stock of the Washington Railway
and Electric Company, and the principal
broker In offering 900 shares or any part
a Al gave notice that this was the last day
for the cheap stock At the close the bid
was only separated from the asking price
by an eighth of point
Some of the buyers and sellers at today's
meeting We're as follows: Washington Rail-
way bonds-buyer, Moses; seller Hibbs
Preferred stock-buyers. Paris. Hbbs; SELL
ers. Moses, Hibbs. Common stock-buyers
Heiston, Hfbbs; seller, Hibbs
Metropolitan Bank stock-buyer Fraser
seller, Hubs. Lincoln Bank stock-buyer
Paris; seller. Hibbs. Gas stock-buyers,
Hibbs. Hetston. Hurt Hume Lynch. VIII
liams; sellers, Hume. Hurt. Moses, Hibbs.
Ianston buyers. Halstead, Woodruff
Hibbs: sellers. Whitewell, Father. Hibbs,
Paris.