The Washington times., 1913-07-16
BETTER DEMAND FOR
BONDS ON EXCHANGE
Today's Session Results in Buy
ing to Extent of s17,500.
Washington Gas Higher.

There was a much better demand for
bonds on the local stock exchange to-
day, resulting in the sale Of a total Of
| $17. 800 of various issues. Nearly half of
| this was in Capital Traction SIS, which
! We're strong at los. Two lots amount
ing TO S3v00 of City and SUBURBAN
Railroad SIS sold at 10lk; a $l.0O0 Metro
politan Railroad per cent bond sold
| at los; $500 OF Potomac Consolidated
5's al par, and $2,oU OF washington
Railway As at S2b.
A smaller volume of Washington Gas
stock came out today, but the price ad-
vanced again, sale being made at V1s,
ex dividend. A total OF 276 shares were
traded. The last sale was at W, for
| fifty shares.
Washington Railway preferred was in
demand at IS and the stock was sup
/, piled at that figure to the extent Of
w shares.
Capital Traction was firm with none
offered until after call. 1t could be had
then at 1871. A single share sold at l2O.
A dispatch from Baltimore today
states that 500 men employed In the
Baltimore and Ohio railroad machine
of indefinitely. An official Of the COM
pany says that 1t is probable that fur
ther reductions in the force will be
made in the next few days: ABOUT
$500 men had been employed IN the
shops.
ing incomes OF the railroads Of the Unit.
ed States had changed their downward
course to one Of an ascending scate,
from the figures contained IN the sum
mary Of the reports OF the large roadH
prepared by the Division Of STATISTICS
of the Interstate Commerce Conmis-
sion and out today.
The summary is for the month Of
April and for the period from July.
1912. to April. 1913. and shows ,compari-
July, 1910. to April. 1911. The net cper-
atins income OF the roads operating
mileage Of about 222,000 miles, increased
$l.s2 mile in April, as compared With
crease Of 1866 a mile in April. 1912.
from April, 1911.
For the nine-month period the In
crease over the corresponding period q
year before was $3o0.4S a mile. This
compares with decrease Of slo2.F
1910 to 1911.
The first 20 per cent repayment OF
Government deposits on account of Dis
trict tax payments. amounting to $500. 600.
was made by the local national banks
yesterday. Another 20 per cent payment
Is due next month. after which 10 per
cent monthly payments will be made
until the entire Government deposit OF
S1,VpUIV VI blStElCl lax IuOuSy udS Dccu
returned to the Treasury.
Twelve members Of the clerical force
Of : the District National Bank today
contributed 50 to The Times fund for q
loving cup for Walter johnson.
Washington bankers who had hoped
that Senatar Brandegee would urge the
passage of his measure extending the
operation of the Aldrich-vreeland emer-
gency currency act. were disappointed
to find that the bill will not be pressed
except in case no currency bill Is en-
acted at this session. 1t had been
hoped that the bill extending the opera
tton Of the emergency law would be en-
acted for the purpose of giving oppor-
tunity for longer and more careful con-
sideration Of new currency legislation
than many feel can be given 1t. II bill
is to be enacted at this session. On
the other hand. the Senator distinctly
informed the Senate that the introduc-
ton of the bill was for the sole pur-
pose Of making it available quickly in
case ii were found later that a new
currency measure could not be enacted
this year.