Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-03-21
LOCAL FINANCIAL NEWS.

Gas stock was today the subject OF at
tention at the meeting of the stock ex-
change. but the trading was Of that c,arae-
ter that It is probable the transfer force Of
the gas company will not have much to do
as the result of 1t. No doubt that was the
comforting reflection OF Mr.. Whitweil, who
kept the record Of the TRANSACTIONS today.
while the secretary. Mt Hume took the
place of President Hibbs. who remained on
the floor
1t was what might be called room trading.
and while the volume was considerable the
actual amount of stock that changed hands
did not appear to be large. At any rate. the
prices remained at the level which was
gained yesterday. and made some advance,
as the sales were fractfonaiiy above en. At
the close the bid for quotation lot. or for
100 shares. was CO.'S. 1t was observed that
when the bid was at 60 there were symp-
toms OF general buying. SO that seems to be
the notch In this stock for the present at
least.
For the first time In several DAYS past
there was an effort TO trade both In the
preferred and In the common stocks Of the
washington Railway and Electric Com
shares of the preferred stock was made at
No. but there was no bid for a block of
that size.
Al oHer of any part of a similar block
OF the common stock was made at 42ss and
half of that amount and a quarter of ii
WAS TO be had at an eighth of point less
There was bid of 42h made for 500 shares
ana IND shares in It's entirety was offered
AT 4-a. This latter offer ELECTED no bid
Tor such an amount. The bid for the stock
was at 42h. and the asking price a quarter
In advance OF that
nf fhfx
mas Just begun running between the Aaue-
quot bridge along the Virginia side of the
river TO the vicinity of Great Falls appears
to those interested In the enternrise az
promising that 1t has been decided to pro-
entire line
II is estimated that this will cost about
Sloo,G0o and the reason that ii was not
done while the balance of the work was
going on Is said to be that both Mr. Nc
Lean and Senator Elkins. who supplied the
money that was used in the construction Of
the line. concluded that they would not
add that amount to the expenditure, which
is said to run up to the neighberhood of
three-quarters of million, until they knew
something more of the outlook for the
road.
1t is understood the travel on the road
during the ten days or so that it has been
In operation especially when the time of
the year is considered, is such as to
lead to the belief that it is going to prove
to be a popular suburban route
At a meeting held today of the directors
of the Colonial Fire Insurance Company,
II was decided to Increase the dividend from
5 to per cent, to begin April 1.
1t Is stated that if the plans now made
are carried out that the new banking house
of the Metropolitan Bank will be ready for
use by the first of next July. AS soon as
the bank vacates its present quarters in the
building adjoining on the north the new
banking house on 10th street between f
and G streets, they will be occupied by the
Baltimore and Ohio Railroad Company as
its uptown ticket office, the present ticket
Office at the corner of 18th and New York