Evening star. [volume] (Washington, D.C.) 1854-1972, 1903-08-17
LOCAL FINANCIAL NEWS.


this city to Baltimore and Annapolis that
those interested in this important enterprise
are hopeful that it will be possible to re-
sumo building operations by the 1st Of Oc-
tober. AS will De recalled. when the work
was stopped last spring a large section OF
the proposed line between this city and
Baltimore had been graded. The power
house that was being erected at Hyatts-
vile was nearing completion and all the
details of the undertaking were well under
way. When it was found that there was a
hitch in the arrangement made for securing
the necessary funds all further expendi-
lures were stopped. The enterprise is
awaiting the termination of the negOtia-
lions for procuring the necessary funds. and
when they are concluded active operations
will be resumed
In the event 1t will be possible to go on
by the LIST Of October 1t is expected the
line between here and Baltimore will be
completed and in readiness for use by the
LIST of next June. In that event the delay
will be only about sixty or perhaps ninety
days AS to the line to Annapolis that Is
now being operated by steam and passen-
gers can be brought to the junction of the
new road and the present steam line by the
electric cars from Baltimore and Washing
ton just as is now done by the steam cars.
1t is not at all unlikely that interest will
be revived in the project for increasing the
facilities of communication between this
city and the eastern shore Of Maryland A
part of the plans of those interested In
Chesapeake Beach, which has not as yet
been carried out, was to make shore
landing at the Beach for the bay steamers.
beginning in such a scheme was started
and some progress was made in digging
canal that would have sufficient depth to
float steamers and allow such vessels to
iy,tN bo CHI nd nq "a
and freight.
While the idea Of making Chesapeake
Beach a port and a center especially of
passenger traffic was intended to aid in the
development Of that place as a pleasure re-
sort yet it is believed the influence would
have been mora extended. During the pres
ent season several excursion parties have
come over from the eastern shore to Ches-
apeake Beach. and while in some cases the
destination was this city. yet in others 1t
was the intention to spend the day at the
Beach. When. however. the excursionists
found that only short railroad ride sep
arated them from the nations capital they
changed their plans and large numbers
came to this city.
Although within a comparatively short
distance of Washington in q direct line. yet
it Is said that a good proportion OF the
people have never visited this city. Natur-
ally they are anxious to come, and 1t Is be-
lieved that If the facilities of communica-
ton were increased this city would be
benefited in a business way as we'll as hav
ing another connection with an important
source of supply of vegetables and fruits.
When the electric line to Baltimore is fin
ished 1t Is thought that the tide of travel
between the two cities will be materially
increased. Baltimore people. it Is likely.
Will avail themselves of the added means of
communication and make use of the oppor-
tunity of extending the sphere of their
shopping so as to include the stores Of this
city. 1t is the belief Of some that there is
no reason why this city should not become
a shopping center of much larger terri
tory than is now the case.
When brokers haven't notes is when In
other words business Is dull Then the daily
call of the list of stocks in the local ex-
change is apt to be varied by the introduce
ton of subjects which have no relation to
the matter in hand. Repartee Is INDUCED
in, and this rather perilous pastime verges
occasionally on the border of the serious
However, no duels have as yet been pulled
off, and the exchange is some twenty years
old, and so the prospect of row is not as
encouraging as the occasional visitor might
suppose.
Today the progress of the call was inter-
rupted for several moments while the Gu
riosity OF one of the members was satisfied
as to the recent defeat of a favorfte golf
player. AS Mr.. Edward J. Stellwagen had
just returned from his vacation he was
supposed to have recent information.
Some one wanted to buy Capital Traction
stock today. and in consequence of the ap-
pearance of genuine customer the stock
advanced even under a selling of some 12O
shares. Starting at 100. the last lot broueht
LIB.