Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-07
RAILWAY ELECTION
REACHED AT
CONFERENCE TODAY.

At conference held this morning of
men who are largely interested in the
Washington Railway and Electric Com
pany the following names were agreed upon
to be voted for at the coming annual
election of directors of the company
Woodbury. Blair, George II. Harr:es, Will
liam Loeb. jr.. Allen L. McDermott. Clar-
ence F. Norment. Ward Tf1o-on and
George Truesdefl.
1t is stated that the men mentioned rep
resent not only the present management
but also considerable stockholders outside
Of the management and that all the stock
that is held by them either personally or
by proxy will be voted for this ticket.
The further comment on this ticket
made by those taking part in the con-
ference is to the effect that no one of
for the presidency, and that from
among the presidential possibilities on
the ticket any one might be the choice.
The announcement is further made that
or to Charles J. Bell or to w. 3. Hibbs
or to any of the men named on the ticket
would be voted at the coming election.
The mention of the names Of Messrs
Glover and Bell in connection with
this company is the first announce
ment in semi-ofiicial fashion that
they are taking an active interest
in this enterprise. 1t has been
known. however. for some time past IN
financial circles that the important infiu-
ing world of this city were becoming iden-
tined with the movement to place this
property on substantial footing.
1t is understood to be the opinion Of
such men that there is no reason In
the prospects of the property why it
should not be held in higher esteem in
this city than market quotations of
it's securities would indicate is the
case at present. To bring this about Is
the purpose in making UP the ticket as
given above, and which is aimed to give
to the company what is called a local
management.
The announcement made of the agree
ment reached at the conference today Is
looked upon as the final move prelimi-
nary to the election of directors to be
held on the 18th instant and that there
will be no further agitation OF the ques-
ton of the personnel of the ticket to be
voted, In other words this agreement Is
final and all questions in dispute have
been settled.
1t was thought that convincing evil
dence was afforded of this character OF
the agreement reached at the meeting to-
day of the stock exchange when repre-,
sentative of the interests above re1erred
to bought a large block of the bonds or
with other brokers identified with the
same interests bought the greater portlon
of the 100 shares of the preferred STOCK
which was traded in.
In fact. the buying of these securiues ;
both from the volume of the trading ana
the prices paid. was the best that has &C.
Cured in this or any security. on the list
for months past.
The stock went for Il, with some lots
an eighth of a point higher Some frac-
tionai lots, notably one of thirty shares
sold yesterday for II, but today quota
ton lots of fifty shares were taken freely
at that figure. which Is point above the
closing bid of yesterday. The supply on
that level was exhausted by the liberal
buying, and the asking price advanced.
Government Receipts.
National bank notes received today:
For redemption. s1.1s9,5n; government
receipts from internal revenue. O.410;
An- o.p4 Ill.,