The Washington times., 1913-10-11
RAIL WAY COMMON
MAKES RECORD
Brisk Bidding at End Of Call,
With No Shares Offered at
Less Than Par.

Following gradual rise of more than
two weeks, Washington Railway and
Electric common sold at a record high
price of 95, on the local stock exchange
this afternoon. 13S shares changing
hands at this figure. and the call ending
with more bid for at this price and
none offered under par. The preferred
stock also sold heavily at 90A to &s.
q shares changing hands at s0h and the
remainder at the higher figure.
Mergenthal Linotype also had an
active day. % shares selling at 2l6b ton.
Fifteen shares sold at the higher price,
and the remainder at the lower. Two
shares of Capital Traction sold at 115k.
after which the stock offered at one
eighth, even money being bid.
Continental Thrust broke into the
trading, and would have captured the
leading position had II not been for the
intense activity in Washington Rali-
way Fifty shares were sold at lls:
after which thirty shares were sold
at III.
One $500 bond of Capital Traction SIS
sold at 1862 and one of the same de-
nomination Norfolk ard Washington
Steamboat SIS at 10o, while S,0Oo OF
Potomac Consolidated SIS sold at par.
Strange 10 say, all of today's unusu-
ally heavy trading was done on the
sold afterward.
An unusual point was made this af-
ternoon on the floor of the Washing
ten stock exchange while the motion
to adjourn over Monday was being Ge-
bated. 1t was pointed out that although
the stock exchanges all over the
country will be closed on MondaJ,
Columbus Day. the banks in other
cities of the country will be closed
also, whereas those in the District
will remain open.
The point was made by Vice Prcsi
dent William J. Fls;her, of the Riggs
National Bank. that If the local eN-
change is closed the local brokers VINO
are also bankers, should have their
Offices open for the payment of checks,
which might he submitted to them by
othc- banks He pointed out that other
wise the banks, which are compelled
10 remain open, would lose the interest
on all money involved in stock eA-
change transactions with the brokers
whose offices might be closed.
President woodruff though acknowl-
rdGtng the poirt made by Mr.. Flather.
sand he was obliged to rule, in accord
auc" with the custom of the New York
st t1ck exchange, that the exchange,
after giving its members holiday,
cnuld not compel them to remain in
their offices.
The motion t" adjourn over Monday
then prevailed. though the vote was d.
Vided
At a meeting of the stockholders of
the Washington Utilities Company. held
at Alexandra. a dissolution of the mer-
ger by which that company absorbed
the Virginia Railway Com
pany was agreed upon. Steps will be
taken at once to organize a new Wash
ington-Virginia Railway Company. since
the stock exchanged to make the mer-
ger possible cannot be reissued. But as
the stockholders of the Washington-Nir-
ginia are in nearly all cases the owners
of the Washington Utilities stock the
difficulty presented Is slight.
A new counterfeit Of the 81 silver GER
tificate has made its appearance, though
the work is said to be not clever enough
to fool careful observers. In the first
place the whole appearance of the bill
is faded. The thirteen stars that appear
above the eagle on the face of the genu-
inc note are lacking In the imitation
The bill Is a copy OF the issue of 1899
and has no imitation Of the silk fbres
whatever. 1t is printed on onion skin
DaDer