The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-07-19
LOCAL FINANCIAL GOSSIP.

Trading was IN small volume on the
local stock exchange yesterday. being
confined to two bonds and about eighty
shares of stock.
A broker wanted a $500 bond OF the
Capital Traction per cent series. which
was furnished at 115ss. and then Po-
toYnae Electric consolidated FIVE was
taken at 1915.
Most Of the stock sold was in fractional
lots, and in several Instances concessions
were made from the asking price TO favor
the buying brokers and enable them to
MI their orders. For Instance, In the
case of Washington Railway preferred.
the stock was held firm on call at s.,
but after call concessions were made in
the case Of two sales. and the other
brokers raised their bids to IS In order
10 get the stock. The top price OF yes
terday is really the current price. from
which there has been a slight reaction
for the past few days
Among the handy reference sheets and
booklets. Of which the name is legion.
containing tabular statistics of the prin-
cipal stocks dealt in on the New York
Stock Exchange, Is THE Index of Cor
porate Stock Values" which Is being
distributed 30 several brokers in Wash
ington. and presumably TO others In
various parts Of the country. It Is pub
lished each Friday, and contains a list
of the preferred and common stocks.
With dividend rate, amount outstanding.
ratio of earnings to dividend. and the
range Of prices dating from the panic of
1901 The sheet Is one Of the most COM
plete and useful OF its kind. and can be
had of the publisher, A. Keshishian. of
New York.
The Baltimore and Ohio Railroad Com
pany's statement Of earnings and ex-
penses for all lines Of the system, but
exclusive OF outside operations. for the
month of June. 1910, as compared with
June, 1909 shows: Gross earnings, 1910,
S. 0SS. 755; 1903, S.. s4; increase. 81 1872 49,
Expenses, 1910. S5.5ie.250: 1862 sl.552. 79e;
Increase, s9s7. 49,. Net earnings. 1910. So
1886: 1909 S2.@S.1n; increase. SS45,s24
TIE LMEANE 4ittAkiiS Ot AtiE nEIdt year.
as compared with the fiscal year 1909
the Statement shows: Gross earnings,
1910. SIS. so. 252; 1909. s76.H2S5s; increase.
So, 4SsSaS. Expenses. 1910. So. 1893. sol; 1909,
S5l. 16S.s S1, Increase. $10,1sss $50. Net earn
ings, 1910. $27.5s7, 451: 1903 .s75: in
crease. $2.sls,57s.
II Is learned that the Washington. Bal
timore and Annapolis Electric Railroad
Company will be in position to pay six
months interest on the S2145o00 issue of
3 per cent terminal bonds on September
/. amounting to something more than
81. 600 The company met the payment
Of interest for the same length Of time
on June +
The report OF earnings OF the Wash
ington. Baltimore and Annapolis for the
month of June was issued yesterday, and
shows an increase IN the income OF the
road over the corresponding month of
1909. Gross earnings were given as $751;
SlS23, as compared with sIs,oSs0S for the
same time in 1909. making the Increase
for 1910 S475514. or a percentage increase
OF $50 per cent.
operating expenses Tor the month were
S2s, Is, as compared with ss4.55s.S8. thus
showing a decrease in operating expenses
OF s551S5S. or a percentage reduction Of
$40 per cent.
The statement places net earnings at
S24.57sss as against $l450s25 for 1909. the
net gain for the month being $l0o7373, or
a percentage Increase OF 60 per cent.
Eor III. RaagT ,saau a,dnH v4gth T,,. 81
the gross earnings of the road were $685.
1142o, operating expenses 1855 90. y, and
net earnings ST.. 5l29S