Evening star. [volume] (Washington, D.C.) 1854-1972, 1904-03-10
days. The bidding at the close was $50,
with i91 asked.

days. The bidding at the close was 1s9,
with i91 asked.
One of the new features on the market
today was the trading in the rights of
the stockholders OF the graphophone COM
pany to purchase the new bonds to be is
sued by that company The price bid for
is to sac, s. was bid for the right to pur-
chase the new bonds which had been adj
Judged by the company to the holders of
each 100 shares of stock. A number of
trades were made in these rights" The
rights viii probably be listed on the To-
eai STOCK exchange until the books of the
eraphophone company for the purchase of
these new bonds close
Thirty shares of Mergenthaler brought
Iit1s, which is strong for this stock on the
late market lot of three shares brought
lI71e. There were no trades in Lanston
Monotype, which has been active for sew
eral days
While the trading in American National
Bank stock has remained inactive on the
LEGAL stock exchange, on the curb" 1t has
been more than strong. Today a block
of the stock was bought on the Curb" at
12' and a fraction. On the exchange this
stock was not offered, but in the bidding
went off from 12l to 10
The committee. having in charge the first
annual banquet of the local bankers as
ISOLATION has found it necessary to change
the announced date of the banquet from
thursday, March "A, to Friday. March %.
at the Arlington Hotel This change was
made necessary by the fact that the bank
ers were very anxious to have Secretary of
the treasury Shaw present at the banquet,
and as he had an engagement for the oath
the committee decided to fix the date to ac-
commodate him. Mr.. Shaw will attend the
banquet and Will make an address
ba
the Arlington Insurance Company this af-
ternoon the following officers were re-eIect-
ed: 5. Thomas Brown, president: Herbert
A. Gill, vice president; E. Nee. Jones sec
rotary, and William NJ Beall, assistant sec
rotary.
The governors of The New York stock ex-
change have decided to abandon the propo-
sition to make the office of the president a
salaried one.
The Pennsylvania railroad stockholders
nomination committed appointed Tuesday
renominated A. J. Cassatt Clement A. Girls
com and Amos r. Little to serve as di-
rectors.
The new board of directors of the Ameri-
can Ice Company have organized by elect
ing Wesley NJ Oler, president Guy b. John
son of the Standard Oil Company first vice
president and treasurer and J. r. Bennett.
the old secretary of the American Ice Com
pany. secretary pro tenn. 1t was stated off,
cfally that the first business of the board
after organization would be to make a
thorough examination of all the properties
or the company and of its financial condi-
ton. the results of which would be made
public as soon the examination was COM
pleted. The executive reorganzat ton OF the
company by departments will be taken up
when the physical examination has been
concluded.
Western Unions net revenue for the quar-
far dlA ny,,1Ns. e.f
with 1904 partly estimated the figures for
nine months ending March 81 next are
placed at s6,09I ,256 Subtraction of Ss5S, 900
bond interest and s3.65l .O5l dividends for
the nine months leaves sl,5S7 .305 to be car
ried to surplus. On December 81 the total
surplus was S14 346
The annual meetings of the Consolidated
Tobacco Company and it's subsidiary CON
Germs were held in Jersey City yesterday.
Reports were made of earnings which were
certainly very satisfactory The CONSOLIDATE
ed Tobacco Company increased its profit and
loss surplus S10.0lT. 323. but against this
there was no provision made for the 20 per
cent dividend which was made in the pre-
v1ous year. which was equal to reducing this
surplus to the extent of ST. 900, 600 The net
income of the Consolidated company was
S16,35S. l24 and the balance after paying
fixed charges $1001T,324 an increase of 3d.
102 lis.
The Continental Tobacco Company. which
is controlled by the Consolidated. earned
s12,T56TS4 net, an increase of 1919. $50. but
carried forward after dividends a surplus of
only 81 J22 .2S6, decrease of S4S5, aS3.
The American Tobacco, also a controlled
corporation. earned net SS664.Is5. an in
crease of S1216,210, and carried forward a
surplus for the year of S1,o14,7s5, an in
crease of S1S4 1913.
Retiring directors were elected for the en-
suing year.
Today's Government Receipts.
National bank notes received today for
redemption, S193. 631; government receipts
from internal revenue, $500 001; customs,
$S17647; miscellaneous, $1,000; expendi-