The Washington herald., 1912-10-09
FlIlNcE IND REALTY B

RonQD Wok0 ,sxno IA AnelSs
fradsd IN q ~ med1ang sf The Wesh-
ington stoek Exchanse yeetsrday, but
the. tsanaceioos wsrs h ansis csstin-
oates Tor the Dos part With p.ices
witch sca a nsSsw - Seock SLiss
were snlhn and price changes wers not
stg1iAcant Tbs Aroost oa3o was ~
shares Of CitiDsns 0avings Bank. at y.
Railway common Was neglected but the
prafesred was nzm ~ . IL
unaerwEatsssp nenAs.
Anomcsnsht wss mads by the Com
tinsntal Trust Company yesterday that
It had practically, disposed oe . block
ed by the property ef Tie Wheeling
Traction Company. The Continental
Trust Company underworld the bonds
End sold the whole issue realixing k13
per cent on the tranAction. This deal
- illustrative Of the widening influence
Of Washington financial institutions. and
b probably the' forefunner Of many
more similar tranactions. Il II custom
ary for enterprises Mke the Wheeling
Traction Coopany and other corp6fa-
tons In the eouth 70 seek financial aid
in Baltimore. Philadelphia and New
York. but there u no reason In the m.
ture Of things why they should not be
supplied in Washington. The timex u
ripe for Washington lnanciers to become
interested In Southern enterprises par
ticuiariy. which they must do II the Cap
should be from its geographical position
and the Opportunities which are sure to
come to II. While the transaction II
unique in being the ilrst Of 20 large
volume to be carried through. 1t should
by no means be the last.
Southern Railway ReyoFt.
According to the eighteenth annual re-
port Of the Southern Railway. made
public to-day. the system which oper-
afes 7.oeS miles Of track had gross rev.
enues OF $6s.5s0.S8 In dduciary year
1872. being an increase over the previous
year Of s.25. .366. The operating expenses
were $as6. .236. leaving net revenues for
the year Of $ls.ssA0sz, which after paying
fixed charges and other expenses leave
q balance income Of S6,76zll7, an In
crease over the previous year Of So, ,1l3.
A dividend Of per cent was paid on
the preferred stock Of the company on
April "a. 1872. and provision was made
for the payment on October u, 1872 Of .
dividend Of ~ per cent, declared out Of
the income earned during the year ended
June %. 1917
Speaking Of the relations Of the COM
pany to the general progress of the
South. the report says:
Southeastern farmers are appreciatins
more fully their manifold opportunities,
and progressive men in all parts of the
section are demonstrating the practica-
bility Of greatly Increasing the average
yields per acre Of all the staple farm
crops. Notable work In this direction
has been done by the company's cotton
culture department. mentioned in last
years report
The cotton culture department. having
demonstrated its efficiency not only
against the boil weevil. but also in Sc
curing increased yields per acre, has been
merged into a larger department OF farm
Improvement work. created for the pur-
pose Of extending the same system Of CO.
operative farm demonstration work over
al Of the territory traversed by the lines
of the Southern Railway Company. and
the railway companies associated with II.
Its object is to demonstrate to farmers
methods by which the average yields Of
tie staple crops Of each locality may
be Increased. not on experimental or dem
oDstration farms under special conditions
and with exceptional resources. but on
their own farms and with their own
resources. The department will work
In harmony and cooperation with
the State Commissions of Agricul-
ture, State Agricultural Colleges
and Experiment Stations, and the
United States Department Of Agriculture.
During the year special attention has
been given to the upbuilding Of the dairy
industry along the companys lines. In
January, 1872. . dairy instruction car, es-
pecially arranged and fully equipped for
lecture and demonstration work, was
p.aced in operation under the direction
OF the company's dairy agent Ninety
nine points were visited and 1855 people
attended the lectures and demonstrations.
The operation Of this car has resulted
in increasing dairy farm herds, and in
the general Improvement of conditions
surrounding the dairy industry. AZ q
means Of encouraging all branches of the
live stock industry. . live stock agent
is employed to give Information and ad-
vice as to the raising. feeding and mar.