The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-01-22
LOCAL FINANCIAL GOSSIP.

News comes from Chicago that the
price Of eggs In the wholesale market
there tumbled Il cents a dozen yesterday,
due to the carloads of fresh eggs which
came into the city from all parts OF the
Northwest 1t is predicted that the whole
sale price will be down to 80 cents before
next Monday In Chicago. as In wash
ington and other cities. the egg market
has been In the control of the cold stor-
age men, who, with plenty of eggs in
their warehouses. have held them back
and forced the price beyond all reason,
considering that millions of dozens could
be had TO supply the demand. trusting 10
the late winter and spring supplies TO
provide sufficient for daily use. 1t appears
that the mid weather In the West set the
hens laying and the cold storage men
have been hard hit, or will be If the pres
ent movement Of eggs to market keeps up
a little while. Meanwhile the consumer In
Chicago is having an inning with cheaper
eggs.
Daniel Willard, the new president of the
Baltimore and Ohio Railroad Company,
has arrived In Baltimore and took pos
session Of his offices in the company
central building yesterday, assuming the
active direction of affairs. Mr. Willard
brought no secretary or other emplOye
with him, his announced intention being
to cOnfne his staff TO those already In the
Baltimore and Ohio service. He will not
to the personnel Of the service through
out the system.
The appointment of Michael Jenkins,
Henry Walters, and Norman w. James,
OF Baltimore, and a. l. Snowden. Samuel
Rea, and Henry Tatnall, of Philadelphia,
on special committee to devise plan
for a more perfect operating arrangement
between the Northern Central Railway
Company and the Pennsylvania Company
is regarded as a step toward reimbursing
the stockholders OF the Northern Central
for some Of the earnings diverted from
that line to the betterment of the Penn
sylvania system. 1t is likely that this
step will be in the form of a melon cut
ting in the way OF a new issue Of bonds
or stock. and at the same time make
more effectual the control OF the Operat-
ing company over the Northern Central
property.
Trading on the local stock exchange
yesterday was much smaller in volume
than in recent days and price changes
were insignificant
The Comptroller Of the Currency made
the following statement yesterday:
This office has been advised from vari-
Gus sources that number Of national
/ bank examiners make practice of ask
Ing the assistance of clerks employed by
I banks under examination
can order. therefore. has been issued
by the Comptroller of the Currency, anc
sent 10 each examiner, advising them that
under no circumstances should clerks en-
ployed by banks under examination be
permitted 10 assist In counting cash. list
| ing and verifying loans and discounts
verifying certificates Of deposit OF
cashiers checks, or taking trial balance:
Of the individual ledger. and that the
| listing Of Overdrafts and data OF any
/ kind furnished by officers or employees OF
banks under examination must always be
checked by the examiner or his assistant
with the original records Of the bank from
which such data is taken