The Washington times., 1913-12-12
CAPITAL TRACTION
BONDS ARE FIRM
Price Rises Slightly on Change.
Numerous Dividend DecIara-
ti0ns Announced.

Capital Traction SIS hardened a little
In price in today's trading on the WASH
ington Stock Exchange. After 5000 of
the bonds had sold at 10TH. the level of
recent sales, an eighth more was paid
for another thousand. The stock did
not follow. Announcement of the decla-
ton Of the regular quarterly dividend
Of ~ per cent was made, payable to
stockholders of record December IA on
January L The chairman ruled that
the stock would sell ex-dividend today
in view Of December IA being Sunday.
The books will be closed from December
IA to January Is Only one share of
the stock was traded. at 11zs (cash).
The bid price was reduced a quarter
and the asked raised point.
Potomac Consolidated SIS sold at 9sS
for a single bond. The only other bond
transaction was the sale Of a $500 certt-
ficate of Indebtedness Of the George
town Gas Company at par.
Railway common was in demand
again. and two quotation lots were
brought out at 81, but bid OF quar-
ter more failed to dislodge any more
stock. The only other trading was in
three shares of Merganthaler at III and
ten shares at 212.
The Real Estate and Columbia Title
Insurance companies have each declar-
ed the regular semi-annual dividend of
8 per cent, payable December 81 to hold
ers Of record December q The books
will be closed December q to 81.
The Norfolk and Washington Steam
boat Company has declared the regular
quarterly dividend OF per cent, pay
able January z to ho:ders Of + record; es
December %. The books Will De closed
December q to January 1.
The regular seci-annual dividend of
5 per cent has been declared by the
Home Savings Bank, to holders Of rec
ord December %, payable January
The regular quarterly dividend OF ~
per cent will be paid by the Union Trust
Company January Is to stockholders OF
record JanuaryfL Books will be closed
January to IA
The Potomac Savings Bank has in
creased its dividend rate to a per cent
basis. The first semi-annual dividend
at the new rate will be paid January z.
The increase is from per cent All the
officers and directors have been re-
elected for the ensuing year.
Generally favorable conditions through
tho territory traversed by the Southern
railway are reported today by Faifax
ddmfltOn, PRESIDENT OF the roe1u. "uhS
the corn crop in the entire country fell
of 661, ,729, 900 bushels, according to the
Government estimate, he Gays, the crop
in the nine Southeastern States trav-
ersed by the Southern Is within z, 100000
bushels of last year. Tennessee and
kentucky were the only States in this
section showing decreases, owing to the
drought. Other crops have been good,
and commercial and Industrial condi-
tons are rejecting the prosperity OF the
farmers.
Charles r. Riddell, Of Brazil, Ind, and
Thomas Z. Fletcher, of Forsyth, have
been appointed national bank examiners
by Acting Comptroller of the Currency
Kane.
The regular annual banquet of the
Washington Chapter, American 1nsti-
tute Of Banking will be held February
q. At the first winter meeting of the
Institute he'd last night, President u.
3. Devereux appointed A. S. Carter. w.
NICK. StoweIl, and G. Elmer Elatber a
committee to arrange for the dinner.
M d. Rosenberg, president or the
Bank of Commerce and Savings, was
the speaker of the evening at the first
meeting. He spoke upon the ambigui-
ties in the income tax law and declared
that it would be months and perhaps
years before the course to be followed
in the observation of the law will be
made clear by executive and judicial
decisions.
]. A. Soper won the first prize of st5
in the adding machine contest. c. F;
Carter won the second prize of $40
and NJ. S. Yeatman and c. ID:
Boyer were tied for the third prize. of
$500. Mr.. Yeatman finally won in
contest between the two.