Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-12-04
LOCAL FINANCIAL NEWS.

The highest price that has ever been
recorded in the case of a sale of the
stock Of the Bank of Washington was
Paid today at the meeting of the stock
exchange Three shares were for sale.
and one of the brokers secured them Ola
bid OF 600. He renewed the bid on the
same level and got ten more shares.
There was no more stock t. be had
on those terms. although the buyer re-
peated the bid. and 1t remained IN
changed at the close. In answer to an
inquiry the buyer of the stock said he
would give 5s5 for fifty shares, but sccn
lot was not offered at any price. The
asking price for the stock at the close
was 625.
AS far as is known, there is no change
tntio me and to IN regapa 70 tn,s INST, re
probably accounted for by the fact that
the holders of the stock sold, wanted to
market it and buyer was found at that
figure.
The bid for MergenthaIer rose to 209,
day and a point higher than the best SELL
ing price OF yesterday. The asking price
was a point above the bid. The rise in
as an anticipation in part of the regular
dividend of . Y per cent, which is payable
next month. and also of the amount or
the extra dividend which is variously pre-
dicted will be on range of from 5 to
per cent.
There was nothing done in the stock
at that price. but for some fractional lots
209A to 210 were paid
Greene Copper sold slightly higher than
was the case yesterday. but the supply OF
the stock at 2Ih was greater than the oe-
mand.
The market for Mitchell Mining at SO was
mainly furnished by the sellers OF options
at g.
More than usual attention was given TO
gas stock. and the prices paid show an ad-
vance over recent records in that stock Inc
bid advanced from So. which was the level
of yesterday. to aS1a. and one lot of twenty
five shares was sold at that figure. Inc
balance of the trading was on a hlsner
range and reached 5S1s.
The entire amount of the stock tnat was
dealt in was something over two hundred
shares. and at the close the bid was oo7A
and the asking price 50.
No change was made in the figures TOT
the common stock of the washington
Railway and Electric Company. and what
ira ding was done was en- about the same
level as that of yesterday. namely, 43
The preferred stock of the company
brought better prices than have prevailed
recently in the case of this stock ana as
high as SIS was paid. There was not
much trading in the stock any more than
was the case with the common.
The experiment of a night bank. which
change Bank, is an interesting one not
only to the officials of the institution, but
also to those connected with other bank
ing enterprises here. Last night was the
opening of the night bank, and of course
it is impossible to form any Judgment Of
the extent to which this new departure in
this city will supply need.
The president of the bank, Mr.. E. Quincy
Smith is we'll satisfied with the undertake
ing thus far, and intends as the character
of the business develops to adapt the
hours Of the bank to meet what appears
to be the requirements. In the event the
late hours-that is. those from 10 o'clock
to midnight-are shown not to be needed
he will drop them out and only keep the
bank open to give the accommodations
which are called for.
Today's Government Receipts.
National bank notes received today for re-
Gemption were S406, T94 government re-
GENTS from internal revenue. S3G7 .O91; Gus