Based on the passage, the traits women valued in a suitor were his social position, good character, and academic achievement. (Option 2)
A suitor's socal position is important as the narrator explains that "his situation in life, family and friends" are valuable. These details refer to the man's status in society and how well-known or recognized his family and friends are.
The narrator also states that a man's "amiable mind" and "good habits" are valuable for women. These traits are related to his good character.
Lastly, the narrator refers to the suitor being a scholar and having attended University. According to the narrator, the woman will find such academic performance amusing and valuable.