Evening star. [volume] (Washington, D.C.) 1854-1972, 1904-07-18

| adequate protection as possible from tho
ravages of fire. The regulations of this
body relative to the best method OF install
ing in buildings wires for electric lighting
are 50 well regarded that they have beep
adopted by the Commissioners Of the Dis
trict and now govern all work OF that char
acter In this city. At the last session Of
Congress authority was given to prepare
set of rules OF this sort. and the Commits
sioners. acting under this permission. have
adopted the regulations prepared by the ma
tional fire underwriters.
1t Is now proposed by the fire Insurance
men TO prepare set Of building laws. and
II Congress gives the same sort OF author
ity to the Commissioners as was done In re-
gard to electric wiring. then II will be en-
tirely possible. II the District officials APP
prove. that the building regulations pre-
pared by the board of national fire under
writer's may become the regulations of the
c....
The enactment of such law here In the
District Is. however. looked upon by the
lire insurance men as only the beginning Of
a movement which will result. 1t is hoped.
In having the regulations adopted by the
various states.
While this appears to be a rather
program, still it does not seem SO difficult
to carry out when II Is considered that re-
duced ire insurance rates depend upon 1t.
and that is a consideration which appeals
to the pockets of the great majority of the
people In all parts of the country. II the
enactment of laws proposed will have
the effect of reducing the cost of fire in
surance, then ii can readily be understood
that it will have behind 1t large and tn
fluential constituency in every state of the
union.
Washington Railway bond was sold at
today's meeting Of the stock exchange for
1875. The bid then became IsIa and the
asking price 7S@. broker said he had
bonds for sale. but his price was 80. and he
proposed to wait until he could get that
figure.
During the call on Washington Railway
stock. the bid advanced an entire point.
compared with the bid price at the last
session of the exchange. Today 80 was
bid and 60 was the asking price.
The bid for City and Suburban bonds and
Anacostia bonds. both per cents which
has been for some time past merely formal.
was changed today when broker adj
vanccd the bid in both cases from NJ TO W.
No City and Suburban bonds were offered.
but Anacostia and Potomac bonds were Of
fered at 102tz There was no trading.
A higher lexel was reached in the bidding
for Capital Traction stock. an advance
was made of an eighth In the bid price over
that of Friday The bid today was ia ana
the asking price 124H.-
The bid for the stock of Union Trust and
Storage Company ran up as hieh as No.
But there was no stock for sale at less thah
10. Friday the bid was lp5.
Bank of Washington stock was offered
for sale down as low 800. but when II
reached that point the offer was withdrawn
quick" the broker expressed it, al
though there seemed to be no market even
al that figure. With this withdrawal the
only other offer made. that of .ho. was re
corded. with iIJ bid
The bidding for gas stock ran up as high
$50 but without result. The asking
price was -.
\ bid Of So. was made for Lanston. Then
1t was withdrawn and Sl1 substituted. The
asking price was 9.
After call J66 was bid for Riggs Bank
stock and the asking price was go.
Forty shares of Gas stock were offered
for sale at ~. but there were no transact
tons.
Mr.. G.. b. Chapman, the manager OF the
branch in this city of F.. r. Chapman q
Co, stock brokers. has returned from New
York. where plans for the enlargement OF
the offices at the northwest corner OF 18th
and + streets were approved. An addition
al section of the 18th street front will be
made part of the Offices.