Evening star. [volume] (Washington, D.C.) 1854-1972, 1904-03-02

Street Railway As brought T5i. today.
fraction of the price asked for these bonds
yesterday. There were no trades in any
of the other local street railway bonds.
Capital Traction stock advanced a frac-
ton In small lots, four shares bringing
from 120ss to q. None of the stock was
traded in In quotation lots.
There was but little trading In Mergen-
thaler and but few shares the market
at the quotation price. One or two small
lots sold around III.
The only local trust company stock trad
ed IN today was the Washington Loan and
Trust. 10 shares bringing 2i1. an advance
OF 1 over the bidding of yesterday and
points under the price asked on the same
market.
small lot of 10 shares brought Sk. One
hundred and eight and a quarter was bid
for lots of a hundred but there were no
sellers.
Three hundred Greene Copper brought
10, an advance of a fraction over the bid
price of yesterday and a fraction off the
price asked.
Washington Gas was stronger today than
Tor several days. and there was an adj
vance in the bidding and price asked.
Eleven shares brought SOS.
There was no trading in the local insur-
ance company stocks the little furry in
National Union of yesterday having en-
tirely subsidized. No Potomac offered the
best bid for this stock being 20R, which is
a fraction off the bidding of yesterday.
The Southern railway and the National
Railway of Mexico were exceptions in rail-
way earnings for January. The Southern
showed increase of S214.os5 in gross and
sS3,1S1 In net, and the Mexican National
reported an increase in gross of si63,li
and S93, COZ I'm net.
Railroad earnings for January were gem
orally unsatisfactory. Following the poor
statements of the New York Central. the
Erie the Baltimore and Ohio and the Read
ing, which showed substantial decreases
in gross as well as net, the Rock Island.
the Canadian Pacific and the Louisville
and Nashville have issued unfavorable re-
ports.
S410.2lI in gross and S646,22S in net: the
Canadian Pacific a decrease of SOL $50 in
gross and .119 in net, and the Louis
Vile and Nashville an increase of S.Si2 In
gross and decrease of s13,HiT in net.
These decreases. as well as those of the
roads that have heretofore reported. were
caused partly by high operating cost. ow-
ing to the severe weather and partly to
falling off in certain classes of traffic.
According to figures gathered by a mer-
camille agency. failures in business during
the month of February were ,Og3 in num-
Der. and SIS ST.. 513 in amount of liabilities.
compared with Io30 failures in the CORE
spending month of 1aQ3 when the amount
involved was Sl0901 "a and 1.l04 suspen-
siCns for S11 1902 29 in February. 1892.
Manufacturing defaults were 223 In num-
Der and 81. S26.a35 in amount against 30
failures for S3,S6I,951 last year. Trading
failures numbered 134. with liabilities OF
s3,2S9.S0l, compared with 13i failures and
Si,5S2,104 defaulted Indebtedness in the
same month of 1903. Although other com
mercial failures were fewer in number 46
comparing with g. practically all the in
creased liabilities We're in this division.
S6.69o.SlI. comparing with only s.. 4J6. 139
in February, 1903. and still less in the pre-
ceding years. The phenomenaly high
average of s145,561 in this class was due to
several suspensions of Baltimore fire in
surance companies and one elevator COM
pany at Chicago. Aside from these few
exceptional disasters that swelIed the
months mercantile mortality. there are
many encouraging symptoms in the record
for February. OF banking and other
fduciary institutions. there were thirteen
suspensions, involving 81 SOP 39S against
seven for S11S2. 206 in the corresponding
month last year.
HR 49,.
Today's Government Receipts
National bank notes received today for
redemption, s150,426: government receipts.
from internal revenue 1921 OIL: customs.
s1,3S5,SIS; miscellaneous s1l3,Ji9; expendi-
lures, S1,120,oo0.