The Washington times., 1913-06-22
WEEK OF BUOYANCY
ON LOCAL EXCHANGE
More Business Transacted
Than for Some Time Past.
Prices Up.
By GEORGE H. GALL.

The Washington Stock Exchange ex-
perienced q buoyant week and. in point
OF sales OF stock, did more business
than for several weeks past. The trend
OF prices. that had been distinctly down.
ward recently. was reversed in no un.
certain manner. and the market closed
yesterday in better shape than 1t has
been in for weeks
washington Gas and Washington
Railway stocks featured the trading
throughout. A total Of Ss1 shares OF
Gas were sold and the price advanced
~ points during the week. Railway
common was the next active issue. 61t
shares being exchanged. with a net
price gain Of points for the week.
The preferred also gained ~. but only
Isl shares came out.
There was a total Of LIT shares
traded, as compared with 1851 shares In
the preceding week. The bond transac-
tions were lower. however. reaching a
total Of only $4,000. as compared with
$5s,00o the week before.
Bond prices were uniformly firmer,
but there was some irregularity in the
stock list. though the active issues were
stronger, with the exception Of Capital
Traction. The latter stock dropped to
the new low of 117h. Commercial Ma
tional and Federal National Bank
made q gain Of 3 points for the week.
The close of the market yesterday
was particularly hopeful, and 1t was
freely predicted that the upward move
ment would continue during the present
week. The feeling expressed last Sun
day that bottom had been reached and
that better prices were Immediately
Of the week on the local market.
A complete table comparing the prin-
cfpal items in the statements of all OF
the banks Of the District Of Columbia
In response to the call Of the Comp
those in the statements in response to
the April 4 call is given In this column
today. The table is compiled from the
records Of the comptroller.
The item Of individual deposits shows
a small decrease for the national banks
a larger one for the trust companies and
an increase for the saving banks. Gov
ernment deposits in the national banks,
however, show very large increase,
2,1n 1867. counterbalancing to a large
extent the heavy Withdrawals Of indi-
vfdual deposits for tax payments. The
trust companies did not enjoy this COM
pensation and their deposit loss amount
ed to $672.50lS3. The trust companies,
however, show a gain of 100000 in
capital stock paid In, and increases in
surplus and undivided profits.
The resources Of all of the banks show
a large increase. An increase of ST.
177.2l1.03 is shown In the value of the
banking house and fixtures OF the trust
companies
An innovation in bank methods in the
District has been Instituted by the ex-
ecuttve committee of the newly organ
ICED Security Savings and Commercial
Bank. The bank will loan money on
first trust on real estate at 8 and per
cent, but It will agree to accept cur
tailments of the amounts Of the trusts
on the monthly basis with corresponding
reductions In interest.
Work Is progressing rapidly on the
new building for the bank at the north
east corner of Ninth and G streets, and
the institution expects to move into Its
permanent quarters on or about July 1.