The Washington herald., 1911-04-13
And REALTY

Having recovered on short notice from
steady downward tendency and sold up
by eighths to s1k, Washington Gas yes
terday took the bull by the horns and
jumped to q firm high water mark of 50,
with, the demand exceeding the supply
even at that high price.
Gas stock advancing steadily easily
held the center Of the stage at yester-
days session Of the Stock Exchange.
Activity in this stock and further re-
gression of Y in Consolidated IS were
the features Of an otherwise listless ses-
sion.
In the Gas advance, the contingent
blamed for the bearish tendency Of two
weeks ago were believed to have had
a hand. Lunch money" was the ex-
PLANTATION of one broker. The menu
was unannounced. Buying started with
s1h paid for fractional sales. after
which quotation lots jumped to Y. After
175 shares had sold at this price with
plentiful demand two more lots and
a fraction brought X. Then the bidding
moved up to So for fractions. and closed
with that price paid for quotation lot
and more wanted at the same price. Gas
will be quoted ex-dividend after April
Is. AS the Exchange will adjourn a1ter
to-day's session over Good Friday and
until Monday, yesterday was almost the
last chance Of a quarterly dividened.
The break in Consolidated IS from 9s7s
to 81 attracted considerable notice, al
through the transaction involved only
a 1900 bond. Although the bonds are
believed to be high-grade securities. the
first IS are ahead of them and the last
issue is believed to have been too large
for the absorptive powers of the market.
After sulking for several days, Wash
ington-Virginia returned to the lime
light. The common made another ad-
vance on the reported goal of 43. by
moving up to IS, new high mark. at
which point 13o shares changed hands.
Virginia preferred also advanced. two
transactions bringing the price up to s.
The market closed with untitled orders.
s. W. Woodward has been elected by
the directors Of the Second National
Bank as a member OF the board to fill
brose H. Stephenson.
At a meeting OF the board Of directors
of the Merchants and Mechanics Saw
ings Bank yesterday Arthur D. Marks
was elected a member of the board, TO
fill the vacancy caused by the resigna-
ton of Eldridge z. Jordan
Mr.. Jordan rendered his resignation
several months ago. and his resignation
was accepted at that time, but the va
cancy on the board was not filed until
yesterday.
The first large sales of property in
Massachusetts Avenue Heights is an
by Thomas ]. Fisher & Co, Inc,
and include two plots embracing a total
of 46,72 square feet, sold for about sS4. GEO.
John A. Carver, Of New York, has
purchased eO.7S2 square feet of ground
at SIS a square foot. fronting 80 feet
on Woodland drive, between Thirty-first
and Thirty-second streets. Mr.. Carver
is expected to erect a large residence
on the property.
Capt E. E. Hayden, L. S. N. is the
purchaser of the other piece, contain
ing 5000 square feet, for which the con-
sideration was about $50 a square foot.
This piece is bounded by Massachusetts
and Wisconsin avenues and Garfield
street.
Mrs. Evelyn Cromwell, of Norfolk. Va,
has purchased the Atherton apartment
house. at the southwest corner of F and
streets northwest, built last
fall by Harry Wardman- for 10000. The
sale was made by Charles n. Gregory, Of
the office of F. A. Blundon. in connection
with the James J. hampton Company.
The Atherton is a four-story building
forty apartments, and brings |
n an annual rental of Sll,0o0.
Oswald E. Camp will start this week |
upon the construction of six houses on
Rock Creek Church road, near Spring |
road northwest. The houses are to be |
IF early English style. with departures !
rom the ordinary arrangement and !
reatment of interiors as well.
The sixty-eighth Semi-annual meeting |
# the Western Union Fire Insurance As |
;ociation was held yesterday afternoon |
It the New Willard. There were sixty |
i've members present.
Reports of the various committees were |
cad. The association will hold a meeting |
his morning to dispose of unfinished |
business. The officers are Fred S. James, |
# Chicago. president: J. H. Stoddart, of [
Scw York, vice president; H. H. Kelsey,
ecretary.
The New York News Bureau announced
that President B. F. Bush. of
he Western Maryland Railway Com
,any, has been decided upon to succeed
ieorge J. Gould as president of the Mis-
ouri Pacific Railway.