Evening star. [volume] (Washington, D.C.) 1854-1972, 1904-04-20

company, roo altt street, . vote was taken
on the proposition made 70 the company
through the trustees and communicated to
ths stooiholdsrs In . circular. This propo-
sition WAS from the German American
Insurance Company Of New York city. and
was to the effect that the New York con-
Germ would rsinsurs the business OF the
Riggs for the amount Of tho accrued pre-
miums ON existing policies. which 10 ng;.
500. OF the 5000 shares Of stock 1884
don TSs isisne. Of II. v ssocfhod.rs Il IL
believed. would have voted, but owing TO
abssncs from the city they were not repre-
The present board Of trustees was re-
elected, AZ follows: Thomas Hyde, Ward
Thoron. VIM. II. Saunders. Albion X. Far
ris. T. r. Schneider. John L. Weaver. VIM.
Davidson. Herman q. Gasch. Henry W.
Reed. L. o. De Lashmutt. John L. New
bold. Alexander T. Henssy. Harry c. Birse.
At meeting Of the trustees TO be held In
the near future a date will be fixed upon
when the company will cease active busi-
ness. The existence Of the company will
be continued. and the regular dividend
will be paid from the income on the assets
until such time as the liquidation OF the
company Is effected.
The secretary of the company. Mr.. Harry
c. Birge, Will continue to occupy the ONCE
Of the company as the manager OF the
concern that has acquired its business.
The withdrawal of money from the bank.
in payment OF the annual tax on real
estatet, which IL to take place next month.
is to be balanced this year to a consider
able extent by the payments made In car
ryjng on the extensive building and other
enterprises of a public and semi-public
character. large proportion of the money
that is being spent by the steam railroads
on the new terminal In this city, II Is ssti-
mated. remains in this city. Another large
work is the filtration plant. where a small
army OF men is employed, and there are
other undertakings in progress which in
volve the paying out of great sums OF
money.
Most of the trading at the meeting of the
stock exchange today was done after call,
and that was limited in amount. 1t was
evident that orders were not numerous, and
the brokers were disposed to conversation
rather than to pay attention to the call.
when that resource failed there was the
presiding officer to jolly, but as he seems
to be able to take care OF himself in an en-
counter OF wits the honors We're easy. The
Tree lance of the exchange. the most
taikative of the members is called had
much time Tor verbal interchange as the
other members. so that the session was an
animated one. IL not full of business.
one security was washington RAILWAY
bends. The recorded sales ran up to six
lots of $1,000 each. The prices ranged
from 761a to 76X. A bid of 767s was freely
made. but there were none for sale, after
three lots had been disposed Of at less
than 76az.
The bid for the Washington Railway pre-
ferred was 40 and two lots of fifty shares
each went at that figure. The stock was
offered at 49h.
One 1000 bond of the Columbia railway
SIS sold for 1857 The bid then became
1854. and the asking price was JOG. After
call the bonds We're offered at 1851 while
the best hid was 1851.
Seven and one-quarter was bid for 100
shares of National Union Fire Insurance
Company stock, an advance over the bid of
yesterday of eighth of point; ~ was
bid for fifty shares.
Six and one-quarter was bid for fifty
shares of Peoples Fire Insurance Company
stock.
Mergenthaler was offered down to 175as
without result. the bid being I75h The
bid price for Greene Copper advanced from
14A OF yesterday to 15 and the asking price
was 151a. There was no trading.