The Washington herald., 1912-04-05
FINANCE AND REALTY

of Lanston, which showed q slight gain,
no changes OF consequence were made in
quotations.
| Traction securities remained practically
unchanged. Railway common sold at 81
and the preferred at 81 Capital Traction
brought 1915 Several Railway Is Of the
1900 denomination brought ssA.
There was fair demand for the type
setting stocks. Mergenthaler brought 20
and Lanston 80 for odd lots. with clos
ing of Sis for quotation lot. The clos
ing bid was s71z and the asking price ,loGss.
New Member Attends.
The new member of the exchange. John
L. Edwards, was present at the session.
Closed Until Monday.
Following the example Of the exchanges
elsewhere. the Washington Stock Ex-
change will be closed until Monday.
Dividend Is Announced.
Announcement has been made OF the
usual quarterly dividend OF Ia per cent
by the Washington Loan and Trust Com
pany.
Report Two Sales.
The sale OF the two stores and dwell |
ings at 411-4l3 Eleventh street northwest
by A. Blumenthal to Harry NJ. Clancy |
has been announced by the s. Goldenberg
Realty Company. The price is said TO |
have been $4,000. The property has a |
frontage of 271s feet and a depth of 100
feet.
New Realty once.
R. NJ. Conway. Inc. has opened real
faf oN q NJ
To Build Apartment.
A four-story apartment to cost about |
$4,000 is TO be built on a lot 50 by $50
feet on the south side Of Biltmore street, |
west OF Columbia road, which has been |
purchased by Berkeley L. Simmons from
Howard NJ. Etchison. The sale was i
made through the Office OF William II. /
Walker. the price being Sl5.OoO.
Lectures on Partnerships.
Partnerships and corporations" was
the subject OF a lecture delivered last
night before the Washington Capter of
the American Institute of Banking by
Corcoran Thoms vice president and trust
officer of the American Security and
Trust Company.
The lecture was the fourth OF a series
on law topics which are being delivered
under the auspices of the Washington
Chapter. MIR. Tnoms talk was listened
10 with great interest as II dealt with
subject which plays an important part
in modern business.
Maryland Postal Banks.
On January 81, 1912, there were forty
two postal savings repositories in opera
tion in Maryland. with deposits amount
l
was deposited by about 700 depositors, or
an average Of nearly so per depositor.
Since the opening of postal savings de-
positories in Maryland there have been
approximately SO accounts opened and
more than 200 deposits made, or an /.
average of almost three deposits to each
depositor and about 900 Withdrawals, or
an average Of less than one to each de-
positor.
Compared with number OF depositors
and amount on deposit with other States,
Maryland ranks thlrty-seventh in num-
ber Of accounts remaining open January
81. and forty-third in total amount re-
on deposit, showing that. as
compared with other States, the average
is much lower in Maryland than is the
average amount for the United States.
Chamber to Hear Wiley.
Dr. Harvey Wiley is scheduled to ad-
dress the members of the Chamber OF
Commerce next Tuesday night. when the
regular monthly meeting is held. His
subject will be "CivIc pride" DR..
wiley's address will be the first he has
delivered to a trade organization since
his recent retirement from the Bureau of
Chemistry, Department OF Agriculture.
and for that reason It is expected It
will be of great interest
FeIs Addresses Chamber.
Before a gathering of members Of the I
Chamber Of Commerce yesterday after 7
noon, Joseph Fels. the Philadelphia mil !
ionaire soap manufacturer, delivered a q
short talk on taxation. with special ref 1
srence to the single tax question. Mr..
Fels has signifed his willingness to come
10 this city some time during the next \
few weeks to address the law and legis-
alton committee OF the Chamber on the
sdvisability OF the so-called true con- {
;iderstion'' bill now before Congress.
Statistics Issued.
Wholesale prices during 1911 showed
slight decline from those Of 1910. accord
ng to the annual report on wholesale
,rices just sent to the printing Office by L
he Bureau of Labor, Department of
Commerce and Labor, TO appear as bull 3
etin No. 60 The huctuation from month
o month was small, with a slight up
ward tendency during the latter half of
he year.
The most important features in the
movement Of prices during the year A.
we're the advance In the prices of food N
PRODUCTS and the noticeable decline in D
hose Of metals and implements Meas =
;red by the 81 commodities included in =,
he Bureau of Labor's recent investiga- =
ion, wholesale prices in 1911 declined II
YER cent from prices in 1910. and with this St
lecline were only 0-2 per cent below the 5.
Ugh average Of 1907. the year Of highest st
'rices within the period 1890 to 1911. =.
Wholesale prices in 1911 were II per
ent higher than in 1900. q