The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1909-01-24
All Local Issues But Trac-
ton SIS Show Excellent
Strength.
STOCKS FIRM
WITHGOOD SUPPORT
Washington Railway Preferred in
Request-GaS Still
Strong.

Business on the Washington stock
Exchange las been very satisfactory. a
larger number OF issues having been
traded in, AID prices on nearly ali
stocks materially better than with the
beginning of the past week.
clearly the feature of the week has
hem the excellent demand for bonds,
and yet exception must be made with
reference to a block of Capital Traction
SIS, just as high grade bonds as any
listed on change. Liberal sales were
made at ~, and one lot at u7lz. and
then the demand to be supplied and the
prise dropped I'm the closing to 1864.
There was no good reason for the
slump. and the bonds should quickly re-
cover this setback. They are an excel
lent investment at anything under 100.
Railway as Very Strong.
On the other hand there was not the
slightest decline in the As of the Wash
ngton Railway, though with the weak
ness i'm Traction SIS, it. was impossible
IN maintain the outside prices for the
as. but they closed firm with 6l3s BID
Gas certificates found ready sale at lo',
and METROPOLITAN as at ia COLUMBIA
Railway SIS were strong at 10 Polo-
mae Electric 5's were firm at 1osnlga.a.
The bond business represented lesiu-
mate investment of local funds
Bank. Stocks Wanted,
Another feature of the week was the
demand for bank stocks. Ihls mas
characterized the local market TOT
r,o,tb o, more. 1T IS generally coil
ceded that most of the changes ll'aI
f,ava hae1 contemplated u bank officials
have been cOusummateds although s''7' 2
I ie every Drona liIity of one more change
That the stocks Of the various lnsIllu-
tfors affected have stood firm through
/ - chances i'm personnel is an evidence
/ ~ the indication OF the controlling M
| tarests TO permit OF no slump In thelr
! T-niTad States Trust shares have ad-
! ,-sT-e7 duriug the week from loo4 20
/ fWIg. the latter the new hEh RECORD Citt
3 fre stock There have been plenty "
orders from insiders for the Slgoh 4l.D
higher prices are freely predicted. me-
/ rIT,oIffau was 1871 bid and Commercial
/ about no. Other stocks in the same line
very firm.
Street Railway Stocks Firm.
/ Street railroad shares are in excellent
I vaouegt. with but moderate offerings
/ ana strong prices. Washington RAN
v-av. preferred. closed at least point
HIGHER than last week and the common
was strong at HG4lis- only few ODD
/ shares of the Capital Traction company
/ were sold. not enough 90 e7tapilsH
''- IT, tba ITisreTIaneous list NerEenthaler
and T.au=r0u were wanted ar -lits cary
10 zoo for the former and l-4 70 L-1a
/ for the latter.
Mitchell Weak.
/ Mitchell Mining shares are fast leak
! ing out-that SIS. the value seems 10 be
( uassing away. Sales were made at %.
or 1912 cents n share and at r., or 1874
cents. The toboggsu has been we'll
/ creased. but the stock is so near the
end Of the slide that 81 doesn't make
much difference whether D. holds on the
/ runway ar goes over, although IL VIII
. probably DO better before 10 does worse.
/ Washington gas has been on the rise
. and worry firm.
Outlook Promising.
/ The future Of the local market is GER
taIuIy promising. There Is plenty OF
I money seeking investment. There are
/ Investments and safety iu Washington
+ securities The market rs IN no way
/ speculative Interests here do but little
+ speculation, but investment buying is OF
J q satisfactory order. With plenty or
/ money and the right Kind OF invest
/ meuts the Inference As warranted that
/ prices will Tisc-uOL fail.
r-av.rrr