Evening star. [volume] (Washington, D.C.) 1854-1972, 1903-10-08

ence. Its purpose is educational, and the
| members have opportunities for that wider
acquaintance with the business in which
they are engaged. which renders them
more serviceable to their employees and
more valuable in the world of finance.
The legal notice required by the District
code of the Intention to present to Con-
gress a bill for act of Incorporation of a
company In the District Is being given by
the Great Falls and Old Dominion railroad.
Last May the District Commissioners were
notified by the company that 1t was its pur-
pose to apply to Congress for permission to
occupy a route for double track electric
road from the Georgetown end of the Aque-
duct bridge across the city to the union de
pot and thence out to Mount Olvet ceme-
terry. on the Bladensburg road.
The route as then described is the same
that is given in the public notice. The cars
in the section from the Aqueduct bridge
through Georgetown to the east side of
Rock creek are TO run over the tracks of
the Capital Traction Company. From the
NJ street bridge the route goes easterly
along NJ street to 18th street, to l. street. to
18th street. to II street and to 18th street.
all new construction. At the latter point
| the cars will pass over the tracks of the
Washington Railway Company south on
14th street and east on G street as far as
the proposed union depot. The further
tension of the road through the eastern Sec
ton will be mainly new construction.
In the meantime the District authorities
are preparing to spend the money paid by
the company. required by law, for de
fraying the cost of making the necessary
changes in the Anueduct bridge to
permit that structure to be used for street
railroad traffic. Estimates are also being
prepared for constructing the first seven
miles Of the road that is proposed to be
built from the Virginia end of the bridge to
Great Falls. 1t is expected that some time
next summer the line in Virginia will be
ready to be operated. All the money
needed is to be raised by the issue of stock
which has been taken mainly it is under
stood. by Mr.. John r. Mclean and Senator
tilkins of West Virginia.
There were quite a few offerin - of the
oonds or the Washington Railway Company
at today's meeting of the stock exchange
Three thousand dollars, however seemed TO
supply about all the actual demand an
AFTER the sale of that amount at ~ 5000
was onered at the same price. with no
takers Five thousand dollars was offered
at 721s. and then $4,000 at ~ Finally an
oHerlng at IT'S was made. and s., 900 WAS
sold at that figure
There was but little stock offered for sale
ana but few buyers, the transactions of
the DAY being mainly in fractional lots A
number of small lots of Mergenthaler were
traded in, the price shading off from 1851.
to 1904.
Small lots of Capital Traction were sold
at 1l91a to 1855. Bids of lis were made for
i"o shares. but the stock was not forthcom-
ing, either in that quantity or at that price
ihere was no gas offered for less than Cot
While the best bid was 59l2 The only sale
was p shares at 59,s
MT John Taylor Arms. who has been
spending the greater part of the mast few
nohtns at ms summer home on Buzzards
Bay, has returned.
mr. charles c. Glover was found at his
accustomed place in Riggs Bank TODAY
pfohzed and vigorous after a two months'
vacation in Europe