Evening star., 1904-03-22

Trading in bulk on the local stock market
: was a little more alive today than has been
the case for the past several days There
were numerous transactions of minor mo-
ment.
The local street railway securities re-
NAMED strong. with some little activity in
washington Street Railway preferred and
in Capital Traction
Fifty Washington Street Railway nrafsr
RED brought 447s and fifty brough. 44x.
which is a fraction off from the bid price
Oh yesterday. Thirty-five Capital Traction
Drought 121$s. which Is a fractional advance
over the quotation of yesterday
Mergenthaler was traded In to some lit
tie extent. twenty-three shares bringing
from 1tfa to 174N, and three shares
bringing 175.
There was some little demand on account
OF brokers' order for Potomac Insurance
company stock. The price advanced and
twenty -nve shares brought 25i2. There ap-
peared little OF this stock on the market
with practically no desire to sell. Ten
shares OF Colonial Fire brought 100.
trade In this stock for several DAYS.
Drought 1l%, buyer sixty. an advance of a
iracuon over the recent quotations.
ior washington Gas stock, with a frac.
tIonai advance In the prices, but no trades
were made.
Inc annual report of the Bell compaov
Tor the year ending December 81 1SOS
wmch has just been made public. shows
that at the end of the year the number Of
instruments in service was 81. .26s. a net
gam or S,211 Receipts from all sources
aggregated $2,S57, T93. an increase of x,37-
=, ,.. Co., Inc years expenses amounted to
HI..fZ Zl.,l.l1 .f f.D
$104.04O. "A
Out of the total net earnings dividends
were declared calling for $s52367. which
was slse, sos greater than in 1907. i,be hal
ance, which was added to the surplus fund
was s'htS, while in the preceding year
ahere was deficit after dividends of $500
Inc total or the surplus is now S62S 800
A. ]. cassatt. Clement A. Griscom and
Amos t. Little will today be reelected as
directors of the Pennsylvania Railroad
company. The voting will take place in
Broad street station between q in the morn
ing and in the evening. The day follow
ipg the board Will meet to organize.
The United States Supreme Court will
hear the case of the Western Union
against the Pennsylvania in October.
The recent advance in sterling exchange
has brought the exchange market to a
point where International houses are look
ing Tor possible gold shipments. The opera
ton, If gold is sent, will be triangular and
carried out through negotiations with Lon
don, the gold going to Paris, where it Is
understood 1t would be welcome on account
OF the Russo-Japanese situation. In spite
OF the lack of definite engagements, BANK
ing houses are of the opinion that ship
ments may come very soon.
The banks expect to have in hand on Fri
day the money called up by the government
from its deposits on account of the Panama
payments. 1t is believed by well informed
bankers that the New York clearing house
statement of this week will not reflect the
increase of deposits here with the deposi-
tory banks to any great extent, because
the money has been accommodating for some
time. The depository banks have as yet
received no definite information from the
Secretary Of the Treasury as to the date
on which they will be called TO turn
over the money to the government.