Evening star. [volume] (Washington, D.C.) 1854-1972, 1903-11-27

total deposits soc.sa1. 100 are United States
deposits
The largest amount Of deposit: in any one
bank Is $112.347. 600, the second largest II
$101. 1S7. 100. and IN order follow banks hav-
ing on deposit S67 .Ol3 O0O $50, 52S 900. $780,
436. 400 and 42. 40. 700. There are twenty
five banks where the deposits OF each one
amount to less than six millions of dollars.
In this city the deposits in banks range
from about six and one-half millions down.
Much interest Is manifested by investors
in the reported purpose of the Capital Trac-
ton Company % hereafter do its own fire
insurance. Instead of placing insurance
policies on the power houses car barns and
other property belonging to the company in
the various insurance companies, the plan
is for the company to assume such risks
and pay to itself the premiums which are
said to annually aggregate about $4,000.
One plan proposed is to set aside 800 600 in
the bonds OF the company as q fund TO
make good fire losses. The annual interest
charges on such an amount of bonds about
equals the annual insurance premiums AZ
far as known. there is only one other in
stance In this city of what may he term
Cd seif-insurance on q large scale, and
that is an individual who owns "a great
deal OF valuable property. He carries no
insurance and has not done for years.
In the event of loss he Is supposed to
have sufficient surplus on hand from the
payment OF premiums credited to himself
that he Is able out of such a fund to make
good the destruction made by the fire.
The buying Of bonds at the meeting Of
the stock exchange was strong and well
sustained While transactions were not
recorded in the entire list. yet in nearly
every instance prices were marked up.
All the sales that were made were on the
higher level of values The demand was
excellent and came from sources that in
dicated investment buying.
The bonds of the Washington Railway
Company were the leaders in the record
of the buying and while an effort was made
to get them at 12b, yet as it proved there
were no bonds for sale at that figure. The
offerings at I3 were taken to the extent of
six lots of a $1,000 bond each and one lot
Of 5000
The largest block of METROPOLITAN Rail-
road certificates of the series that has
changed hands for some time past was sold
today. Altogether 5000 in these bonds
were sold in lots of $1,000 at the uniform
price of 1881.
The bidding for telephone bonds showed
quite change, as 1t started at 10312 and
advanced steadily to 104. One sla,o bond
was sold at 1G4 The Offering was 1913. and
the bidding continued at 1e4, but no more
were sold.
purchaser was wanted for thirteen
shares of Capital Traction, which were Of
Tered for l221a. but the highest bid was III.
Inc stock was offered at 123h Nine
shares of Union Trust and Storage Conn
pany were offered first at 1O6 and then at
1855, but 1O5k was the highest bid made
There was apparently some demand for
the stock of the National Safe Deposit
company, and the bidding advanced from
!45 to l48. but none of the stock was Of
Tered. Then shares of American National
was liz.
Shares of the National Union Fire In
surance company were offered for sale at
~. The bid was Ga 5Sh4 was bid for Ar
teen shares of Potomac Fire Insurance hut
there was no stock for sale at that ffe,,rr
An oner was made Of sixty shares Of CO.
lumbia Title stock at AZ The highest Ria
was "a An offer was made to buy or sell
ten shares of Telephone stock at "a hrt
this offer was not accepted