The Washington herald., 1911-06-24
Bond sales.

Bond Sales.
Washington Railway ana Electric Is,
selling at s4H: Potomac Consolidated IS,
during cali. at 101. and Capital Traction
As. after call. at 124si. marked the range
Of the bond list.
Bank Stocks.
United States Trust Company stock,
which has been the feature Of the bank
stock list for rather more than week.
began to fall back to normal yester-
day, by way Of indicating that the hold
ings have been adjusted to suit the new
conditions existing in that institution.
Sales were made at 13 and 122E.
Public Utilities.
Washington Gas sales were leaders in
volume yesterday. A total of III shares
was sold, at prices ranging from the
opening at sSas down to sS1s. After call
the price sank to IS, at which figure two
blocks OF twenty-five shares each were
sold. Railway preferred sold at So, and
Capital Traction at 126&.
Commercial National Dividend.
This bank announces the payment of a
per cent dividend on July to holders
Of record. Books close on June "a.
National Capital Dividend.
A dividend of per cent Is announced
by the National Capital Bank, payable
on July Books will close on June %.
Farmers and Mechanics' Bank.
A semi-annual dividend Of 4 per cent
Is declared by the directors Of the Farm
ers ana Mechanics National Bank.
Books Of registry will close on June 26
Sold In L street.
Thomas J. Owen & Son sold the prop
erty 17S9 L street northwest to DR..
Walter Wells, for H.10o.
Twenty-eighth Street Sale.
Adam A. weschler sold the frame
dwelling 1s4s Twenty-eighth street north
west to Upton B. MackalI. for $775.
Me. Mackan also bought the frame
dwelling 1912 Twenty-ninth street, sold
by Adam A. weschler, for $1,2o6.
Downtown Business Sale.
Thomas ]. Fischer & Co. report the
sale Of the two three-story and basement
office buildings 513 and 515 Twelfth street
northwest to George S. Livingston, for
Michael William, of Nice, France. The
lots front 42.34 feet on Twelfth street
and have a depth of slightly over 100
feet It is said that the price paid was
$50, ,oo0 which would make the value
about 80 a square foot It Is reported
that the Columbia Theater Company is
the real purchaser.
buyer of the Richmond Hotel.
1t developed yesterday that the pur-
chaser of the Richmond Hotel and ad-
joining property is Edward H. Everett,
president OF the American Bottle Com
pany This buyer IS building a hand
some residence in Sheridan circle. The
hotel property fronts go feet on Seven
teenth street and 12o feet on H street.
Georgetown Cos Bonds.
The 5 per cent bond issue authorized
by the directors Of the Georgetown Gas
Company will be ready for issuance to
shareholders about July Is, although the
bonds will be dated August l. Such OF
the bonds as are not taken by the share
holders when offered will be thrown upon
the open market Only one-half OF the
million-dollar issue will be uttered in
July. The subject OF supplying customers
with Scent gas is engaging the attention
Of the directors, so as to be prepared to
discuss the subject at the next meeting
Of the board.
Decfsion ON Express Rates.
The Interstate Commerce Commission,
by decision handed down yesterday,
practically decided that it is unlawful
for express companies to set arbitrary
weights to packages. It was found that
a uniform weight of eighteen pounds was
set by express companies on gallon pack
ages Of liquor whether contained in wood
or paper packing. The difference in some
cases amounts to three and four pounds
The commission says the weight must be
t.Se actual weight and not an arbitrary
standard set by the express company,