The Washington times., 1913-03-20
WASHINGTON STOCK
MARKET IS DULL
Washington Railway Common
Advances Again, But No
Sales Are Recorded.

The last day of trading for the week
found the Washington Stock Exchange
dull. Washington Railway common
continued its advance. but there were
no sales. The quotations were marked
up TO 90a9lA. The preferred quo
tations were Ss1sas9, and % shares
sold at the bid price The 4 per cent
bonds were strong also, selling at SO IL.
Capital Traction issues eased off again.
The best bid for the stock was 10. The
5 per cent bonds sold at 100 "a for
$4,000, and an eighth less for another
thousand. Washington Gas 5's were
also weak and $500 sold at los rs.
Ten shares of National Bank of
Washington sold at PA and ten shares
of Citizens Savings Bank at 201s. There
was little other trading.
President Benjamin Woodruff. of the
local exchange, announced that Wash
ington Securities being compiled by
Eugene 4. Thompson is about ready to
60 to press and bespoke support for the
statistical publication by members Of
the Exchange. Charles j. Bell urged
members TO give the publication their
support, declaring the book to be of
much value to all interested in local
securities.
The Washington Chapter. American
Institute Of Banking, will hold its tenth
annual banquet at the Raleigh on Sat
urday night, March 29. Three hundred
are expected to attend. Prof. Charles A.
Douglas will be toastmaster. and among
the speakers will be former Senator
Joseph w. Bailey and Congressman
Henry d. Clayton. Guests are expected
from the chapters in Baltimore, Phila-
de1phia, New York. and Richmond. John
ID. Howard is chairman of the banquet
committee.
Many Washington bankers are plan
ming to attend the convention of the
American Bankers Association to be
held in Boston October $40. The at
tendance is expected to reach 5000, OF
which $500 will be delegates.
For a month the executive committee
of the Boston association has been at
work with the preliminary arrangements
and subcommittee are beginning their
activities every day now. Though the
convention is eight months away. dele
gates have already engaged 700 rooms
in the leading hotels.
Headquarters will be at the Copley
Plaza and several of the business meet
ings will be held in the ballroom there.
Meetings will be held also in Symphony
Hall.
The tentative program suggests
grand ball on the opening night: an
aquatic carnival on the Charles river
basin, with the greatest display of fire
works ever seen in the East, for the
second evening; impressive exercises
and addresses commemorative of the
early history of Boston in the ancient
church es and in Faneuil Hall for the
third evening; an informal visit to Har-
ward with sports in the stadium for the
third afternoon: an Inspection OF the
water front and harbor and one of the
largest shore dinners ever known for
the fourth afternoon, and a special per-
formance at the opera house Tor the
evening of the last day.
Supervising all the arrangements is
the following executive committees of
Bostonians: T. p. Beal, chairman, presl-
dent Second National Bank: A. l.. RIP
ley, vice president Merchants National
Bank; w A. CASTOR, president National
First National Bank; Philip stockton,
president Old Colony Trust Co: Allen
Forbes, president State Street Trust
Company. w. r. Evans, president Bos-
ton Five Cents Savings Bank. and II. L.
Ayes, secretary, with offices in the First
National Bank Building.
The Baltimore and Ohio Railroad
Companys statement of earnings ana
expenses exclusive of outside opera
tionsJ for the month of February. 1918,
and for the eight months of the fiscal
year follows:
FOR FEBRUARY.
Operating revenue .............. S',352,SIo
snce NJ wav and structure. 81, $40
Maintenance of equipment &C.. 1.433.1 .164
Traffic expenses .............. l64,S4s
TRANSFORMATION expenses. ........ 3.l69,5JS
General expenses ............ 1886
Total operatinp expenses ..... 3, 40. 46S
Net operating reVenue-..-....... l,bV-'i4
mod EIGHT MONTHS