The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1904-04-21
NEWS AND GOSSIP
OF STOCK MARKETS
WASHINGTON.

This was the liveliest day the local
exchange has seen for some time. Inc
volume of business was quite good, ana
the trading well distributed. Bonds were
again-5the leading feature.
Capital Traction As appeared TO be in
demand One broker made a bid of lO6H
for any part of $4,000. but none came
out at that figure. At 1O7 only 5000 were
sold.
Considerable trading was again done
in Washington Street Railway as, of
which issue $4,000 was sold at 761z.
Two thousand dollars OF Columbia
Railroad 5s sold at 1853
There were several deals in Govern
ment bonds, the most important OF
which was the sale of 8 coo registered
rs at 1855.
Ter shares of American National Bank
stock were sold at l25, the best price
yet paid for it, and a like number Of
the shares of the Union Trust and Stor-
age Company were sold at 1O5%-
Twenty shares Of Merger thaler sold
in two lots of ten each at lob and i15Ss,
respectively.
Twenty ehares of Norfolk and Wash
irgton Steamboat a stock not often Of
feTed for sale, were disposed OF at 23i
Ldnstou Monotype stock was sold in
two lots o. 80 and 100 shares at 81 and
50 respectively. and 100 shares of
Graphophone preferred at So.
The other transactions were of no SIC
cial interest The general tendency CT
all deals was toward better prices.
The stockholders Of the Lanston Nbno-
type Machine Company met in annual
session at the Hotel F'leischmann. in
Alexandria, today at noon. Inc annuai
reports Of the treasurer, secretary, pres
ident and general manager We're received
and accepted. The reports show the
company to be in a fine condition. Aft
TO-.
lation to the business of the company,
the election OF a board of directors was
proceeded with. which resulted as fol-
lows: Directors-J g Maben. w. II.
r. Snydem Grant. Adrian II. Larkin, II.
G. Hallenbeck, II. o. Seixas, of New
York; ]. Maury Dove. s. w. WOODWARD,
Gen. w. Woodruff. Of Washington, d.
The Office of the company is at 1881
Callowhill Street, Philadelphia, but be-
ing chartered under the laws of Vir-
GINA, the company has to mold its an
nual meeting in that State.
The stockholders of the Riggs Fire
Insurance Company at their annual
meeting Yesterday ratified the PROPOSE
weeks ago TO turn over the business OF
the company to the commandment
| Fire Insurance Company OF New York.
! As heretofore explained in this column
4 this proceeding means that henceforth
until the final liquidation OF the Riggs
Company the stockholders will continue
I to receive their dividends without be-
/ ing exposed TO The responsibility in
volve6 IN the carrying OF heavy insur
ance risks by a company with com
ipaiatively small capital.
/ The old board of trustees was unani-
mously reelected. as follows: Thomas
Z Hyde T. F. Schneider. W. H Saunders.
/ A X Paris J. L. Weaver, w. G. Hill.
/ Robert POrtner. j. G. Davidson. Herman
T. Gasch, Henry ". Reed. l.. Q. De
! I-ashmutt Ward ThOrOn. j. l. New
| bold, A Z. Hensey. and Harry c. BirSe.
MI Birge, the secretary of the Riggs,
VII act as the Washington agent of the
/ German American, continuing in the
Riggs insurance building.
! Robert w Shoppel. vino has been the
/ sole owner of the National Tribune
the entire outfit, including the real es-
tate and good viii to the National frIb-
IN, Company for S225. 900. Mr.. Shopper
retains a controlling interest in the
stock OF the company, and receives also
/ in Fart payment Of his $4,000 an issue
] OF S1G0. 600 of per cent first mortgage
/ twenty-year bonds Of the company. Mr..
/ ShOppel becomes the president of the
! company. The other officers are r. ;.
! Herbert. secretary: D. L. Rice. treas
.lrer and W. J. Newton. general coun
SCI The new company has a capital OF
! $4,000 The real estate Is known as
/ lots ii and u and the rear Of lot i6 in
reservation 10 on the north side OF
/ Pennsylvania Avenue. between Thin
and Four-end-a-half Street.