The Washington herald., 1912-01-12
FINANCE AND REALTY

4
There was an unusually good demand
for the stock Of the United States Trust
Company at the meeting OF the local
stock exchange yesterday. The selling
started At iiSak and advanced to 10 The
demand still continued. but none OF the
stock was offered at price at which a
sale could be made. The bidding, which
was mostly done BY one broker, advanced
as high as II without bringing out any
Of the stock The lowest asking price
was i25.
Railway common sold from 5sk 10 5sst.
a fair amount OF business being done in
this stock both during and after call.
The closing bid was bs, and the asking
Railway preferred stock quotations re-
mained practically unchanged Twenty
five shares sold at ssh during call was
At the close the bid was sA. and the
asking price ssS-
washington Gas stock reached slk yes
terday. At the close the bid was 81. and
the asking price remained frm at slH.
washington Gas IS were active
at lloA. The remainder OF the bond list
was neglected.
Capital Traction stock sold at l24z and
l5. At the close the asking price was
12A5. and the best bid one point lower
than that figure.
Bank omcers Are Elected.
The newly elected boards Of directors of
several local banks met yesterday and
selected officers for the ensuing year. In
almost every instance the officers Of last
year were reelected. ana no changes Of
Importance were made. The results were
as follows:
Riggs National = Charles c. Glover,
president: Milton z. Allies and william
]. Flather. vice presidents; Henry II.
Fiather. cashier; Joshua Evans, assistant
cashier.
American National-w. T. GaIliher.
president; c. II. LIVINGSTON. hrst virS
president: H. r. Warield, second vice
president; William Selby. cashier: A. c.
West, ]. W. Williams. and Z. s. Wolf |
assistant cashiers.
Commercial NATURALIZATION G. Clap
ham, president; Eidridge E. Jordan. first |
vice president; n. II. Shea, second vice |
president; Tucker X. Sands. third vice |
president; John Poole, cashier; Herbert |
V. Hunt, assistant cashier.
Washington Loan and Trust Company
John Joy Edison. president: Ellis Spear /
and Andrew Parker, vice presidents; |
John b. Larned. vice president and gen.
ersl counsel: Harry G. Meem, treasurer; /
Boyd Taylor. assistant treasurer; Thomas
Bradley, real estate ofieer; Frederick
Eichelberger, trust soficer.
Lincoln National-Richard A. Walker.
president; Floyd E. Davis. first vice /
president; Robert Callahan. second vice
president; Albert +. Gately, cashier; w.
NICK. Stowell. assistant cashier: William
r. Broody. secretary board Of directors;
Lucas p. Loving. attorney; W. W. Milan.
advisory counsel
Second National-willlam V. Cox. presi-
dent; Walter c. Ciephane. vice president:
John c. Ecklon. cashier; Jacob scharf,
assistant cashier.
National Metropolitan George W.
White. president; cuno H Rudolph and |,
o. II. p. johnson, vice presidents; George
dltor.
Munsey Trust to Incorporate.
First formal steps were taken yester-
day for the opening OF the Munsey Trust
Company when notice was given by pub
ncation of the intention OF a. coterie
Of fnancIers of Washington, Baltimore,
New York. and other Eastern cities TO
apply to the Commissioners of the Dis
trict OF Columbia for a charter. The
company win be capitalized at S2,oOoOOO.
II is proposed TO make the application
for the charter February Z.
The incorporators are Frank A. Mum
sey. S. W. Woodward. James F. Oyster.
William F. GUIDE, Perry Belmont, Gist I
Blair, Senator c. W. Watson, Edward
Mclean, Wilton J. Lambert. w. 7. De-
wart, +. A. Walker, c. II. Pope, Justice
Harry NJ. Clabaugh, George r. Gather,
Stuart oliver, A. S. Worthington. WILL !
lam A Hill. c. Z. Nicol. John II. Nolan,
James Baird, Justice Ashley NJ. Gould.
William Henry White, William Wallace !
Thomas c. Bradley, Clarence
Moore, A Lisner, and Julius Garinkle.
street Property Sold.
A frame building In Seventeenth street,
between II street and Pennsylvania ave-
nue., has been purchased by Frank wal
ter from Charles c. Glover as an invest
ment. The consideration in the transac-
ton has not been announced. The lot
has a frontage of SO feet and q depth
Of 107 feet. The sale was made through
the ONCE OF Randall H. Hagner. A deed
Of trust for $3.50 was given.
Ground Bought for Inn Addition.
AIRS. Eva R. Bouic and PercivaI D.
Emmert have purchased from Robin
brothers the building at 1905 New York
avenue northwest for the purpose Of add
Ing It to the Speedway Inn they are now
erecting at 17o3 New York avenue. The
entire first floor Of the building is to be
for dining The upper
noors viii be arranged into suites OF two
md three rooms and bath. The addition
also will give more roof garden space,
II to 1000 square feet The
combined new structure Will cost about
400 The sale was made through the
,ffice Of Harry v. Bouic & Co.
aazen Ii Elected President.
Announcement was made yesterday OF
he election of NJ. c. Hazen, District
surveyor. as president OF the Columbia
Permanent Building Association. OtherI
'ficers elected at a meeting OF the assoc
,iation are: William p. Richards. vice
resident: G. I. Gessford, secretary, and
Tloyd Z Davis treasurer. @ Cliuton