Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-05
LOCAL FINANCIAL NEWS.

For some reason-perhaps 1t was because
OF the near approach of election day and the
interest taken n that event there seemed to
be little disposition on the part of the brok-
ers at today's meeting of the stock exchange
to do any trading. The list was not neg
lected. and in some cases higher prices were
bid. but the bidding was not eager enough
to bring about many transactions.
There were some indications when gas
stock was called that there was a small
block of 1t for SALE and sales were made at
from 81 to 561k. but as the bid receded the
holder Of the stock IL he really had much
of it for sale. showed no inclination to let
any of 1t go at such figures.
The hunt for cheaper stock was a feature
of the attempts made to trade in this Sc
curity and bids were heard for So and 56as
for 500 and 1000 share lots respectively. In
fact, the bidder for the former lot remarked
casually that after he was allowed to buy
such a block then he would give - for
another 5OO-share lot just to bring the ag-
gregate up to an even 1000 shares.
No one seemed disposed to furnish any
such an amount of stock and no doubt the
bidder would have been much surprised IL
his order had been filled. The experience
with gas stock on the local exchange Is
that 1T Is not handed out In large quantities,
as rule. unless there is some scheme to
carry out In the way of bulling or bearing
the market. thing which is not unheard
Of in the case Of this security.
In the interim of calling the list and re-
cording such isolated sales as were made
there was some discussion Of various topics
which were Of interest to the brokers. One
thing was to whether q session of the
only reason assigned for not having such a
session was that the exchanges elsewhere
In the country would be closed on account
Of the elections.
with the view of getting the sense of the
members, was reminded by Mr.. Glover
that there were no elections in this District.
to which the president retorted that he
heard that such was the case. 1t was de-
cided. however. to hold a session as usual.
this action. no doubt, being Influenced by
the suggestion coming from Mr.. Williams
that as the London exchange would be
open the Washington exchange had some
responsibility in providing the only stock
quotations from this country for that day.
On the evening of election day, which is
tomorrow. the exchange proposes to cele-
brate the twenty-fifth Anniversary of hold
ing the first call, and at the same time there
will be a special wire and elections returns
will be brought to the rooms of the ex-
change. where the members are to spend
the evening sapping recollections sug-
gested by the event. listening to election re-
turns and enjoying the refreshments which
are to be provided for the occasion.
A portion of the program. as announced
by the president. is that the members were
expected to be on hand about half after Z
or o'clock, and then he added about 0
o'clock they would get the news Of the cleo
ton of Mr.. Hughes No protest was heard
at the failure to mention that there was an
other candidate In the field, which might
be taken as an indication Of the feeling of
the members of the exchange relative to the
contest in New York.
Today's Government Receipts.