Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-03-31
The World of Finance and Trade.
Washington; New York; London
LOCAL FINANCIAL NEWS.

Five hundred shares Of Lanston was
sold at today's meeting OF the Stock
Exchange at ~ and 100 shares of Met
ropolitan Bank stock at $50. There
were other transa ctions recorded dur
ing the call. but trading in the volume
indicated by such figures has not oc-
Cured on the exchange for many a
day. and is naturally regarded as an
ket is not as lifeless as surface signs
at times appear to suggest.
The Lanston sale is the largest that
has been recorded in the case OF any sin
gle security on the list for a good
while. All the selling was done by one
broker. who at first supplied what
turned out to be small order from
shares. He sold the stock for -. and
then another broker began bidding.
and was promptly supplied from the
same source. until at last the stock
was taken in blocks Of 100 shares, the
entire transaction between the two
brokers reaching the total mentioned.
After the buyer had secured the 500
shares he said he had all he wanted.
but the seller continued to offer the stock
for sale at the same price. and eventually
offered it down. and at the level OF 93ss
sold twenty shares. He continued to
offer the stock at the latter figure, but
the best bid was 931s. and there was
nothing more done.
The other large transaction was in the
stock of the Metropolitan Bank. and was
also confined to two brokers. The seller
disposed of 100 shares at 49, and then
the bid was 231, with the asking price
at 30. AS the serni-annual dividend of
81 per share has just been paid, the adj
vance made represented the amount OF
the dividend added to the current bid for
the stock.
The bid for the stock of the Second Ma
tional Bank advanced to 1907, with the
asking price at 167, but there was no
trading.
Ten shares of Commercial Bank stock
sold for 1851, and at the close the bid
advanced to that level, with the asking
price at 1851.
Gas stock was somewhat stronger. as
the sales were made at 1913. an eighth OF
day At that price 100 shares were sold
in one block, which was offered during
the call at that price, but was not taken
until after the call.
A large loan was recorded today, fur
nished by the banking firm Of Munford
& Lurton, and amounting to $4,000. Sc
cured on the Bond building. New York
avenue and 14th street, for the company
owning that property
Washington Stock Exchange.
sales.-Resular call, 1e o'clock noon--washns.
ton Gas So $500 at ITO, $1,000 at 40. s., 600
at no 81 900 at 40. 81 900 at HOS.
Capital Traction is, $1,000 at liz, $1,000 at
liz. $500 at 1921.
81 900 at 100
:, Potomac "ao Electric Light IS, $1,000 at los.
WassnstSn CAS- g and g. Els s 3D. e & So
Lanston Monotype, 10 at 81. 10 at a., 10 at
20 at 81. 20 at o., 90 at "a. 20 at -, 20 at
81. 20 at o., 20 at 81, 100 at o. 100 at 81,
100 at "a. 20 at 9SM
% al 81.
Commercial National Bank. at 1855, 10 at
National Metropolitan Bank, 10 at 10. 10 at
go. 10 at 229. 10 at 22a. 10 at 2c9 10 at
100. 10 at 229 10 at 10. 10 at 22e, 10 at 20,
District National Bank. 10 at 1872
Union Trust, 10 at 142A, 10 at 1921, Is at
l42.
Merchants and Mechanics. Savings Bank, 5
at 155.
National Union insurance. $40 at s.
After call-Wash.ngton Gas Js, $ICO at 1897.
Washington Gas. 10 at 50, % at 10!s, - at
1876 fcashl. at 80. 100 at 1915.
Capital Traction. / at 1884,.