Evening star., 1906-03-01

The interest 1t ths meeting today of
the stock exchange was shifted from the
most active section Of tha List 10 ons ct
the most inactive. Instead 81 p ganerai
participation In the Kidding. for the street
railway securities. a. has bean the case
for seve raj days past there seemed 20 b
q general desire to get hold Of blocks Of
the stock OF the local nrs insurance conn
panies.
While there was nothing Of importance
happened, an the result OF this show OF IN
terest In the insurance stocks were con-
far as the sale OF the stocks were con-
main UNCHANGED from month to month In
that section Of the list. ware thoroughly re-
vised. and In some cases the advance
amounted to q good deal
The railway stocks as they appear first
on the board were called first. as fs usual.
but II was coon developed that there was
practically no market for them, except per-
haps in the case Of the common stock OF
the Washington Railway and Electric Com
pany. The broker who has been buying
30 freely Of that stock did not appear TO
show much interest In the proceedings. and
gave but little indication that he wanted
any more, although 1t was to be had at
q small fractional advance above ~
The broker who was the buyer OF yes
terday. however, appeared both as buyer or
a =
thousand shares yesterday In one block.
still today he not only had the stock for
sale in such block at an advance OF
three-eighths above AZ, but he made bid
for q thousand shares that IAN up to 42h.
There were no other such block for sale.
at any rate, at that figure, and, In fact, Inc
entire sale range. which was limited IN vol
ume, was only fractional advance over AZ.
The bid remained at AZ, and the asking
price slightly more, but there was no de-
mand, and so the stock was passed.
No effort WAS made to find out how much
stock could be had at such figures. and as
the original buyer was no longer In the
market and his successor could not get the
stock at figures within easy range OF ~ or
at AZ, there was practically nothing done.
There is nothing to indicate what the next
move will be or in what direction IL
will be.
There was really a very good market
developed for certain of the fire insurance
stock. and In fact the entire line was al
fected, the advance In the bids ranging
With the exception of the sale of sixty
five shares of the stock OF the Firemen' 8
Company there was stno trading. In many
cases the advance In the bid did not result
In bringing about an offering. This was
notably the case with the German Amerf-
can stock, In which was recorded the
largest advance in the bid Of the entire
list In spite of the fact that twenty-five
points more was bid for the stock than
was the case yesterday, there was none
offered for sale.
Specific bids were made in several cases.
A bid of 25h was made for 5O
shares of Firemen's, and inquiry was made
as to what would be the price for LOU
shares The only result of the advance OF
the bid was the offering OF 100 shares at
g. but the best bid was 261k
An advance was made in the bid Tor
Metropolitan of some 10 points and the
stock was to be had at 100, and also 90
shares Fifty shares Of Arlington was TO
be had at IS. hut the best bid was 31h.
Two hundred shares of National Union
stock were offered at 1O11, but the bid for
such a lot did not rise above SA.
One hundred shares of Columbia was 10
be had for II. but the bid was below that
a half point.
The amount of the total offerings OF
stock in this list was not large. and II the
purpose Is, as 1t seems to be the idea. that
some of the securities of this class are
TO be got together with the view. perhaps,
some time of forming some general insur-
ance company it is evident that an oppor-
tunity is to be given to those who want
to sell to do so.
A bid of 525 secured ten shares OF the
stock of the Bank of Washington, and the
bid was renewed, the bidder stating that
he would give most any price for little
more but there was no offering under $50
A sale of ten shares Of Riggs Bank stock
at $40 did not make any change m the
figures that have been recorded in the
daily quotations for this stock for some
time past.