Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-01-21
ing of the bonds at s5 includes a stock

ing of the bonds at 50 includes a stock
bonus of a share of stock for every 800.
The par value of the stock and bonds is
sued by the old company was $1,000 600,
and in addition to the right of way for the
line between this city and Baltimore the
company owned the control of the Wash
ingtOn, Berwyn and Laurel Traction Com
pany and the Annapolis. Baltimore and
Washington steam railroad.
The banking house Of Lewis Johnson &
Co. will on Wednesday next take possess
sion of the new building which it has just
erected adjoining the Sun building on F
street In the latter building its offices
have been located for many years Inc
removal next door is not a change of loca-
ton, but a very marked change in sur
roundings, as the new building has not
only much architectural merit, but its ar
rangements are those of modern bank
ing Office.
The annual meeting of the washington
Clearing House Association was held yes
terday. and Mr.. A. 7. Brice, cashier OF tne
Riggs National Bank, was reelected chair
man of the association. The following
were elected the clearing house
committee for the year: Arthur L. Brlce,
Riggs National Bank; w. v. Cox. Second
National Bank; E. P. Berry, Farmers and
Mechanics National Bank; III. H: Mckee
National Capital Bank; c. E. White, Ma
tional Bank of Washington.
The manager made report of the opera
lions of the association as follows:
19O4-Clearings, S215, 879, 013.S3; balances,
$37. 729, 1882.
loO3-Clearings, s2o6, So, 2o511; balances.
$3S, 463, 56435
Gain in clearingS. s., 800, 1877. REDUCTION
in balances. $733, 1858.
This statement shows an increase in the
volume of business done by the washington
banks and trust companies and reduction
of the amount of actual money necessary
to effect the daily exchanges.
At the meeting of the stock exchange to-
day there was a good deal of trading done
in Mergenthaler on small fractional profits,
the range of prices during the call not ex-
ceeding three-eighths of point. The best
selling figure was 1921, and the lowest dur
ing the call was 1921. After call three ten
share lots sold for 1921 to 1872.
The changes in the quotations of the
bank stock were not general and
those that were made were not accom-
Bank of Washington stock was offered at
sos and 495 was bid; $50 was bid for Metro
politan Citizens stock and 1854 was asked:
the bid for Second National Bank stock
was $50 and it was offered at 15S; ten
shares Of Commercial Bank stock sold for
161. The bid was then 100 and the asking
price 1865; for American Bank stock 1853 was
bid and 10 was asked.
Sales of Union Trust and Storage Com
pany stock were made at 12012 and 120%.
The bid rose to 121 and the stock was Of
fered at 121&. but there was no further
trading.
After call the bid for the bonds of the
Washington Railway and Electric Company
advanced to SO, and $1,000 sold at that
price, During the call the bid was one
eighth less. The bonds were offered at 1914.
Several blocks of Capital Traction stock
sold after call at 143% and laSS. Inc
stock WAS then offered at IA.
The preferred stock of the Washington
Railway and Electric Company was sparfng-
~ dealt In: During the call a couple OF
lots aggregating $50 shares sold for S4s,
and after call fifty shares went for 81.
The first dividend on the stock of the
Metropolitan Citizens Bank since the
merger will be paid April /. The rate Is to
be as announced at the last meeting OF the
board of directorate per cent per year.