The Washington herald., 1908-01-16
LOCAL MARKET FIRM
Active Selling at Higher
Prices OIL Exchange.
RAILWAY PREFERRED LEADER
Washington Gas Goes on Record ex-
misunderstanding House AssOcia-
ton Elects OHicers-CIearan for
Last Year show an Increase of
S1O,03O,OsI over 1905.

Transactions on the Washington Stock
Exchange yesterday amounted 10 5000
in bonds and 27S shares OF stock. Con-
sidering times and seasons. this was a
fairly active market. The practice is OF
late to sell on the exchange only a small
part Of the securities wanted on a given
day, due both 70 tie scarcity Of the stock
in the particular issues wanted and to
the desire OF holders TO command better
prices.
Yesterday the brokers turned their at
tention from local utility bonds TO the
picking up of fractional shares Of stock,
and some larger blocks TO I'LL long out
standing orders. The result was a fairly
active day In stocks and a moderate one
in bonds. Washington Railway and Elec-
trio As sold yesterday at ia, quarter Of
a point better than on Tuesday. The pre-
ferred stock of this company continued
its upward way to T. though the bulk Of
the trading was at a fraction below that
price.
Gas stock sells Lower.
Washington Gas sold ex-dyidend with
% shares on the record, at Go. other
brokers wanted the stock yesterday. and
the selling price was bid up half a point,
Yesterday developed quite call for
bank shares, some fractional sales being
recorded.
The Washington Clearing House Asso-
citation held its annual meeting yesterday
at its headquarters I'm the National Net
ropolitan Bank Building, and elected Off
GERS for the ensuing year, as follows:
Chairman. E. Southland Parker. Metro
politan; executive committee. Albert Run
and Clarence CoTson. Columbia William
J. Father Riggs and r. II. Lynn. Amer
ican; Ezra D. Parker. Metropolitan. man
ager.
The annual report showed clearances
for 1897 70 be $312,l08. 402. an increase over
the previous year Of Sl093o01.
At the meeting Of the directors Of the
Metropolitan National Bank yesterday
the old board OF officers was reelected
for the present year. IS follows, +.
Southland Parker. president. S. w Wood
ward. vice PRESIDENT. J. Gales Moore.
cashier. and ~. W. Parker. assistant
cashier
Elects Its Gid Officers.
The Washington Loan and Trust Com
pany directors yesterday reelected the
old board OF officers 70 serve one year.
as follows: John Joy Edsou. president,
Ellis Spear. vice president. John B.
Larner vice president and general coun-
sci; Andrew Parker. vice president; Harry
g. Meem, treasurer. Boyd Taylor. assist
ant treasurer; Thomas Bradley. real
estate officer. Frederick Eichelbcrger.
trust officer. and A s Worthlngton and J.
]. Darlington, advisory counsel.
The directors Of the Second National
Bank yesterday reelected the old officers
as follows: ". Y. Cox. president. ". c.
Clephane, vice president: John G. Ecklof.
cashier, and Jacob Scharf, assistant
cashier.
The Columbia Permanent Building Asso-
citation has elected the following officers
for the ensuing year Melvin G. Hazen,
president: DR.. A. H. Taylor, vice p~esi-
dent; Clarence T. Gessford, secretary;
Floyd f. Davis, treasurer, and c. c.
James. attorney. Finance committee. Mel
win c. Hazeu, Henry F. West. and 4. E.
Riddle. Valuation committee FLOYD L
Davis and Nathan Hazen.
The Home Building Association has
elected the following officers for the year.
George ". Linkins president; Richard
Z. Claughton. vice president. James Nor
ris Woodward. secretary: Edward s Yves
colt treasurer; Arson 8. Taylor, James
H. Byram, Charles y. Moore, Madison
Whipple. s. Norris Thorne, Fred L. Yogt
and William T. Galliher. directors