The Washington herald., 1912-01-16
And REALTY

The only noticeable gain recorded on
local stock exchange yesterday was IN
the case Of Railway common, which sold
as high at so. At the meeting Saturday
this stock sold at 50. which was a point
and a half gain over the prices the day
previous Yesterday the selling started
at SO. Several quotation lots then brought
69lk. and the last sale during the regular
call was at 59A. The closing quotations
were So bid and 59LG asked
After call the selling started at 5s14
More than 500 shares then sold at so.
Railway preferred opened at ssZ and
closed at SSIk. At the close the bid was
SSA, and the asking price, SS54. These fig
ures are a fraction lower than those re-
corded Saturday.
Washington Gas stock also sold on a
lower level yesterday. The highest price
recorded was ssZ. The dealings yester-
day were ex-dividend, and this was part
ly responsible for the drop. At the close
the bid was SIS. and the asking price
S7TS. After call the stock was sold for 81.
Odd lots Of Capital Traction stock sold
at l24 to 1242s. The per cent bonds OF this
company were fairly active at l1O&.
Trust Company at Home.
The Continental Trust Company, in
process Of organization, has taken pos
session of its offices, 1906 G street.
New Bank Organized.
The new bank which is being organ
lied by residents of Southern Maryland.
and in which several local men are in
terested, is to be known as the Farm
ers and Mechanics Bank OF Seat Pleas
ant, Nd, capital $4,000.
At a recent meeting Of the subscribers
10 the stock, the United States Trust
Company was designated as the trustee
20 call for and receive payments on ac-
count OF subscriptions to stock in the
new bank, and a call has gone out for
3 payment of so per cent Of subscription.
The directors have been chosen and
will meet soon TO select officers.
Directors Are Elected.
Stockholders Of the American Security
and Trust Company held their annual
election yesterday. The report Of opera
tlons showed assets OF more than IS, ,ooo,0O0
IN excess Of all liabilities.
The directors elected were Milton z.
Allies, Charles ]. Bell. Henry F. Blount
John c. Boyd, Samuel S. Burdett, AL
bert Carry, william NJ. Goats, Murray
A. Cobb, Robert Dornan, Ralph Ellis,
James z. Fitch, William J. Flather,
Henry H. Fiather, Daniel Fraser. James
NJ. Green, Henry Hurt, John 8. Larcombe,
John R. Mclean, Edward B. Mclean,
Clarence r. Norment, Frank B. Noyes,
Myron N. Parker, Joseph Paul, Albert
M. Read, Howard S. Reside. Corcoran
Thom, Frank A. Vanderlip, John F. VIII
kins, and Joseph Wright
After the election the directors organ
lied and elected the following officers:
Charles J.. Bell, president; Howard 8.
Reside, vice president; Corcoran Thorn.
vice president and trust officer; Henry
F. Blount, vice president; James F.
Hood. secretary Charles E Howe, treas
urer: Alfred B. Leet, assistant trust Of
ficer; William W. Keck, assistant treas
urer; John @. Holden, auditor.
Annual Meeting Held.
At the annual meeting Of the share
holders OF the National Savings and
Trust Company, q report was presented
showing earnings OF more than 20 per
cent on the capital stock Of the corpora |
hon.
The stockholders appreciated the ef-
forts by re-electing the directors, who. |
IN turn, re-elected the officers.
The roster OF directors Is as follows: |
Woodbury. Blair, s. Thomas Brown, /
lanes A Buchanan, william A II