Evening star. [volume] (Washington, D.C.) 1854-1972, 1903-10-12

bank system in this country. AZ to the
location OF branch of the International
In this city. he considers that It is a tribute
10 the financial Importance OF the city that
II has been selected for such a purpose by
corporation which has a directory OF
thirty-nine leading men and a capital and
surplus OF over seven millions of dollars.
AS the result OF a meeting held In New
York Saturday Mr.. Wier. the president OF
Adams Express Company, was added to
the directory of the Greene Copper Com
rany.
As the time for session of Congress APP
proaches various rumors started rela-
tive to proposed legislation which will have
an effect on local interests. AS no general
legislation is expected at the extra session
the full tide of such talk has not set In, but
as the date Of the regular session draws
near there Is likely to be all kinds CT
gossip.
Even at this early day there is some in
definite talk about Congress being asked
to charter a new gas company. Like other
schemes for telephone companies and cleo
trio lighting companies and street railroad
companies. &c, which are apt to come up
at each session of Congress It IS not
thought that there is much likelihood of
Congress taking favorable action on such a
proposition.
At meeting of the directors of the CO.
lumbia Fire Insurance Company today the
reports of the president, Mr. +. Il. Mcclure
and the secretary. Mr.. Lem Towers showed
that an addition had been made to the sur
Plus during the past year. as well as paying
the usual semi annual dividend Of @ per
cent.
1t is expected that the coming conven-
ton of the National Association of Bankers
in San Francisco. Cal, will excel all prevt-
Gus events of the same character In this
country Anticipating that the attendance
VIII be unusually large, the officials of the
ASSOCIATION are making special preparations
IN the matter of railroad transportation.
The members of the association In this
city and in Baltimore. Philadelphia and
New York will travel by way of the Chesa-
peake and Ohio. the Baltimore and Ohio
and the Pennsylvania to Chicago. Ill. ar
irving there the morning of the 10th in
slant The same evening the bankers will
leave that city for San Francisco over
the Chicago and Northwestern in a special
train, especially equipped for the trip The
bankers nave arranged that the car be
modern in every particular and in order
that they may be kept fully informed as to
the events at their respective offices in varI-
Gus cities have had a telephone placed on
the train.
1t was announced at the meeting of the
stock exchange that the usual semi-annual
dividend of $40 per share had been de-
on the exchange today, while on the other
hand there was no effort to dispose of
much stock.
sixteen shares of the stock of the Wash
ington Loan and Trust Company came on
the market and 1t sold at 2o5 to POI A
hsher bid failed to bring out any more Of
the stock. so that it was evident the sup
ply was limited. At the close the stock
was offered at 215.
some gas stock was also for sale and what
was offered went in the large blocks for
Ss1a Fractional lots for IS and 80 Fur
ther Offering of the stock in large quantities
or IN blocks to suit at 50 failed to elicit
buyers. After call a block of p was OBJ
tanned for 57S.
Ten shares of American National Bank
brought 10, and ten were subsequently,
oHered at an advance of 116 without finding
purchaser. Five shares of Metropolitsn
Bank stock were offered at S51O but the
highest bid was $50 and there was no sale