The Washington herald., 1907-09-11
BUSINESS is BRISK
Large Attendance Yesterday
at Local Stock Exchange.
SELLERS WARY OF PRICES
stocks Are DOIed Out Slowly 10 Bid
ders, Who VIII Not Raise Their
Offerings - Increasing Interest in
Telephone stock Fails to Secure
Big rrades-Absent Members Back.

A large number Of the members Of the
washington Stock Exchange greeted
President Hume yesterday as he called
the session to order More than twenty
sun-browned faces were before him. their
possessors showing the effect in many
ways Of the summer vacations recently
ended.
Business started in quite briskly, and
the trading Of the day was in good vol
ume, the record showing at the close asa
shares Of stock and $3.50 in bonds. Dur
ing the session the same hes!tancy TO sell
Isecurtiet at prevailing prices developed,
and the brokers with orders TO I'LL were
wary about marking up their bids, evi-
IDENTIFY hoping that the conditions prevail
ing in the speculative world viii last a
little longer and enable them 70 pick up
bargains later on. President Hume said
yesterday. soto voce. that II seemed i'm
possible to sell anything. even with prices
to suit.
Traction Bonds Lead.
Capital Traction IS took the lead in the
bond issues, the sales being at ll014. Cap
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1Sl and 123. the closing bid remaining at
i3). a little activity developed in Wash
ington Railway and Electric preferred.
the price on sales being raised TO 951k
on fifty shares.
or late there mas been q good deal OF
interest in Telephone stock, each day sew
eral brokers bidding for 1t, with the hold
ers apparently loath to sell. Yesterday a
block OF twenty-five shares were sold at
56 10. and the same broker. wanting ten
shares more, was Obliged 10 pay 81 rs for
H. After considerable more bidding and
Withdrawing. the closing bid was pegged
at 90
Mitchell Mining, after selling 100 shares
at I7s, rallied TO s. a share, al which
twenty-five shares were sold. Meanwhile
there were all sorts OF bids on the floor,
one OF 1000 shares at rs. with offerings at
g. 1t was impossible to lower the price.
and none Of the buyers would take large
lots at s. a share.
Absent Members Come Back,
Benjamin Woodruff, secretary Of the ex-
change. appeared at his desk yesterday
after two weeks spent in Canada. Perry
johnson also brought a sUn-tanned cheek
70 the exchange from looking the orb Of
day IN the face on the other side Of the
Great Lakes.
The Department Of Agriculture yester-
day issued It's report on the condition OF
the principal cereal crops on September
y, with comparative figures on the same
dates Of former years. Summarized, the
reports were as follows
The condition Of corn on September !
was 500, as compared with SIS last
month. 9e.2 on September l, 1906. $50 on
September l. 1866. and teu-year average
of $40
The average condition Of spring wheat
when harvested was III, as compared
with 79.4 on August l. 1907, S34 at time OF
harvest in 1906. S73 in 1906. and 66.2 In 1904
The average condition Of the oat crop
when harvested was $50, against $50 last
month, Sl.S reported September l, 1906.
9o.3 at the corresponding date in 1893. and
a ten-year average OF S2.6
The average condition Of barley when
harvested was 7S.5, against s45 on August
/. 1907. S9.4 reported September !. 1906. SIS
at the corresponding date in 1895, and a
ten-year average Of S43
The average condition OF buckwheat on
September l was IA against 919 one
month ago. 81 on September I, 1906. slS
on September !. 1905. and a ten-year aver
age of So
The average condition OF potatoes on
September l was 500, against SIS one
month ago. Ss.3 on September / 1906. sos
on September !. 1905. and a ten-year aver
age Of 79A
The average condition ~ tobacco on
September 1 was s2.5, against SIS one
month ago, S6.2 on September /, 1905, 81
on September !. 1895. and a Ave-year aver
age Of Sos