The Washington herald., 1911-04-08
FINANCE AND REALTY

jump of three points by Commercial
| National Bank stock and the renewed
strength of Washington Gas stock were
! the features of an interesting session
! OF the local exchange yesterday.
| Buying was largely for Investment
| and bonds were in good demand the
! preponderance of the buying being in
| that list The market was steady, taking
| 1t as Il whole, but Consolidated IS suf-
| fered slight drop, due probably to the
! recent heavy issues Of these bonds. The
! loss Of is carried them below par TO
| % IS
BuIish talk on the street and a ru-
mored prospective consolidation with the
city National Bank. Is believed to have
been responsible for the three point ad-
vance of Commercial National Ycstcr-
| day 5 developments gave rise to consid-
erahl" comment though but ten shares
changed hands on the exchange 4 num-
her OF SnaTes were sold privately, il is
understood. at the same price-2OO. Yes
terdaA ;. price represents an advance of
five points in the last week More stock
Was wanted at the 10 mark following
the sale, but holders refused 10 loosen
up from the new asked price-n5.
With d further advance TO 81 "a the
price paid for Washington Gas in the
closing transaction. that stock touched
within 1T Of the highest point on record
The demand of one broker for loo shares
"f the stock Yesterday gave impetus 10
IN" upward tendency that has marked
the career of the stock of late. The
desired block of 100 was supplied at 50 l.
Two Subsequent fractional sales brought
N"'t and "es respectively, after which
quotation lot sold for the high price.
~ 81.
There was a good demahd for the now
bonds Of the Norfolk and Washington
Steamboat Company. Most Of the sales
were at 1"27.. though closing sale of 81 OoO
was made at lT2 S-S
The following officers and directors
hay" been elected Ly tho stockholders
Of the Washington. Baltimore and Ar
nap"lis Electric Railway since the pro- !
p'rlN Vas taken from the hands OF the !
receiver. President George T Bishop, .
Cleveland. first vice PRESIDENT +. II. CHM. /
Cleveland: second vice president and gen
cral manager, J. y. Shannahan, RaIti- !
moro: secretary. George Weers Will I,
laTnS. Baltimore: treasurer. -. A Craig !
Toledo: directors. the officers except the I
treasurer. and George X Sheldon. of |
New York. and +. +. Graves. Of Chica- |
go.
Real estate brokers smiled yesterday !
especially about. = o'clock in the after
noon. when the sun broke through clouds ,
with tentative promise of fair weather
to-day.
Two new real estate firms were an
nnun"cd for the near future yesterday.
The William \. Boss Company will open
offices at 1927 F. street. Monday and the
firm of Nicholson & Mccormick has
leased the first floor of the building at
1898 II street northwest.
In the firSt-named concern. William
Boss, who for the last seven years has
been connected with the firm of Moore
Hill will be associated with Floyd p.
NaEgaman and John W Brawner Mr.
Boss will be president of the firm and his
two associates secretary and treasurer.
The firm of Nicholson &c Mccormick
will occupy its new Offices about ApriI
10. The senior member OF the firm. con
ard L. Nicholson. jr.. has been connected
with the office of William Corcoran Hin
for the past eight years. The Junior
member of the firm is a director of the
f'iremen's Insurance Company
F. NJ Thornett has sold to John @
NIerkling the two-story and attic brick
house at 400 Hobart place The house.
which Mr.. Merkling will occupy, over
oOks Reservoir Lake.
NJ p. Masee has awarded a contract
o j. T. Kenyon for the construction
" s16,500 residence. Of four stories at
eS Connecticut avenue northwest, after
'lans by Wood, Dom G Deming
Mrs Anna Jenness Miller. who recent /
y sold her apartment house, Wendell !
in Massachusetts avenue, :
ust beyond Sheridan Circle, has award Z
d a contract to Charles A. Langley for c
he construction of two three-story brick ,
at 2117 and 2119 lie Roy place !
On $50 afTes oS iaui that woman has donated | c
he Argentine coVCnInent will establish a model |
chnnl Of agriculture