Evening star. [volume] (Washington, D.C.) 1854-1972, 1903-10-14
LOCAL FINANCIAL NEWS.

The final payment of the money for the
reconstruction of the Aqueduct bridge. so
that electric cars can be run over Ii, Is
to be made shortly by the Old Dominion
company This second installment of S25.-
600 is to be used in providing the conduits,
which will contain the wires. and these
will be beneath the roadway of the bridge.
Under the direction of the District authori-
ties. to whom the money is paid. the work
of preparing the bridge for the tracks is
now under way, and the conduit will be
built under the same auspices
1T Is expected that the bridge will be
ready for some time this coming
spring. While the law gives the Old Do
mnion company the use OF the bridge yet
it allows other companies to bring their
cars over the bridge under trackage ar
engagements with the Old Dominion COM
pany The latter propose to build an cleo
trio line to Great Falls and later intends
70 ask Congress for the right to extend
us line from the Georgetown end of the
bridge to the proposed union depot and the
eastern part of the city.
According to a special dispatch to The
Star New York capitalists are interested in
a company that has been recently incor-
porated for the purpose of building an ex-
tenslVe system of electric railroads In the
state OF Virginia This city is to become
one OF the terminals. The longest line is
to start from Point of Rocks and to go in
a southwesterly direction through the en-
tire state to the North Carolina line fol-
lowing to the east the line of the Blue
Ridge. One of the branches will touch the
coast near the mouth of the Rappa mock
ana another is to pass through Fairfax and
aieAahdfia counties to point on the Po-
tomac opposite the District
There Is practically nothing known about
| TINS proposed enterprise in this CITY but I'm
general way 1t is thought that additional
electric roads in Virginia would be of great
advantage to the state well as to this
city. which is naturally one of the centers
Oh much of the trade of the state
The formal action of the Woodmont Rod
ana Gun Club transferring to the Western
maryland railroad right of way through
It's property on the upper Potomac was
taken at meeting of the club which was
neld last evening in this city. The land
thus acquired will be used for the location
OF line connecting the Western MARYLAND
with the West Virginia road, now con-
troiied by the same interests, as is well
known, by means of the Western Mary
iand. Baltimore is to be the eastern
terminus of the Wabash system
There Is strong proba bility that this
system Will endeavor to secure an entrance
INTO the District. but exactly how that is to
be done has not yet been made public
There was but little stock for sale at To-
day. meeting of the stock exchange and
there seemed to be no pressure to buy The
consequence was that the transactions were
without special significance
An offering of 100 shares of CAPITAL Trac-
tlon at 10 was made in what was apDarent
ly the regular course, but il was taken
rather to the surprise of the broker who
offered it, Further bids of 1l9Ia were made.
but no more stock was offered outside of a
small block of five shares
There was apparently no demand for gas
put When twenty shares We're offered at 80
they We're taken. Some of the certificates
We're for sale and the asking price was l2o
The sales We're made. however, at 117A
The market for bonds was a good one and
all were taken that were offered CAPITAL
traction As. at 1885, represented the largest
seller, while Telephone IS, at 1O31a, were
quite freely taken.