The Washington herald., 1907-09-04
DULLDAYON CHANGE
Fall Season Opens with Few
Brokers Present.
LANSTON STOCK THE LEADER
Ii Sells In IOO-shaFe Lots at Frac-
tiOns Above SI2 "A Share-Ex
change POstpOnes Action on Con-
stItutiOn and By-Iaws-Trust Conn
pany Elects Board of Directors.

The fall season on the Washington
Stock Exchange opened dun yesterday,
with less than a bakers dozen of traders
to look after the days business. Trading
was about as small as the attendance.
Lsnston Monotype being about the only
stock that made a figure on the record.
Five hundred shares OF Lanston were
sold, all at fractions above SI2 a share.
The trades were in 1OO-share lots. and
much merriment was caused by one of
the older brokers breaking into the
game" while the shares were changing
hands rapidly, and buying one lot at 1254.
1t was facetiously remarked that his was
the only real purchase of the day. but
the broker called the joke by asking the
president TO enforce the rule that such
remarks were unparlismentary on the
stock exchange. The rule was enforced.
Two small lots Of Capital Traction were
sold at l32-two points better than the
last sale last week
The only new face on the Exchange
was that Of Charles J. Bell, president of
the American Security and Trust COM
pany, who has just returned from trip
10 the Canadian Northwest
Board POstpOnes Action.
By vote the Exchange decided 10 post
pone the meeting OF the members TO pass
uron several proposed amendments 70 the
constitution and bylaws, until September
!, when it is expected that the majority
Of brokers who have not yet returned
from their vacations will be present
The stockholders Of the United States
Trust Company met and elected the fol-
lowing board Of directors, 10 serve for
the ensuing year:
James II. Baker Walter A. Brown, james A
Cahi1, W. G. Garter. r. A. Chester. H Bradley
Davidson, c. H Davis. Victor B. Deyber, Charles
4 Douglas B. l. Dulaney. Thomas Il Elliott
Georse ". Faris Greed II. Fulton. A. l. HaKes.
Oliver II. p JohnsoD James L. Ksuiek o. 7. Mar
Norton. William J. Oliver. J. sprigg Poole, A. H.
Plant. Oliver J. sands. Ernest l. Schmidt Charles
w. Semmcs. Frederick c. Stevens. South TriInbe
NJ. A. Winter, and C. T. Wood
The directors VIII meet next Wednes-
Gay, September Il, for the election Of Of
ficers.
The total circulation Of national bank
notes outstanding on August 81 was S5o4.-
056.S21. which is an Increase since that
date last year Of S34.2040l8 and an IN
crease since July 81 Of this year Of s66o. 435.
The total amount Of government bonds
on deposit with the Treasurer Of the
United States on August 81 to secure cir
eulating notes and public deposits aggre-
gated S729, .76l. OF this the largest item
was S5s4, ~, SEQ. which was IN 2 per cent
consols Of 1890; the State. city. and rail-
road bonds on deposit amounted to s64,-
329951, the Panama Canal bonds 70 500
63S.1SO and the Philippine loan to So
64.0oo
Coinage at the Mints.
The coinage at the United States mints
during the month of August consisted.
according to a statement given out by
the director OF the mint bureau yester-
dey. Of gold coins valued at S24 394, so.
The silver coinage was valued at S6ss, 900,
and consisted Of I25.009 quarter dollars
and 55S,0o0 dimes. The minor coinage
comprised 16.50Oe0o pennies. For the
Philippine government $4,000 peso pieces
were also minted
During August the customs receipts in
creased over those Of the same month
last year by S704.55i, and for the two
months Of the fiscal year the increase
over the comparative period last year
was SS.564.055. In August. 1907. the IN
ternal revenue receipts increase over
those Of the same month last year SS1S
266 while for the two months of the cur
rent fiscal year the Increase was 81, ,116. .532.
The total receipts Of the government for
the first two months Of the new fiscal
year exceeded those Of the same period
last year by $5.S25.29S
The expenditures of the. government for
the first two months Of the fiscal year in
creased S7.7SS,9 go over those of the same
period last year, and there was an ex-
cess OF expenditures over the receipts for
the first two months Of the new fiscal
year of $7,3lS3S9.