The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1914-02-15

STOCK MARKET
HOLDING FIRM
Average Gains Recorded in
New York and Declines
Unimportant.
BOND SALES RENEWED
BOND SALES RENEWED
Transactions in Higher Grade Invest
ments Show Increase on Local
Change.
By w. STEALEY.

BY w. sTEALEY.
The New York stock market yesterday
continued firm, closing slightly above
Fridays figures.
Steel closed at e6 "a, gain of one
point American Tobacco, after ex-div.-
dend. gained four points, closing at as
Central Leather gained nearly point.
closing at sc L.. Reading and Northern
Pacific were firm at Fridays prices
Canadian Pacific closed at 2l5 1-S and
Mexican Petroleum at 60 81. both OF
from the figures of the preceding day.
The market opened dull. but prices
were generally firm and stiffened fur
Their during the first hour. Steel common
was special feature OF strength, selling
to IA of its highest of the year, while
among the specialties the pool in Central
Leather marked the price of that stock
up well above its previous high record
Canadian on the other hand was weak
from the start, were the Rock Island
issues, and in the second hour enough
stock was offered to cause q general
settling of in prices.
Declines were unimportant. and only
about sufficient to cancel the earlier ad-
vance.
The net result OF the trading left the
market as a whole about unchanged on
the day.
Local Stock Market.
There was increased activity in bonds
on the local stock exchange yesterday.
Seven thousand dollars in Railway Is
sold at s., S, 200 in Potomac Consolidated
Is at 100 l-2.
For the first time in several months
Washington Market 5s maturing in 1877,
and Washington Market Cold Storage is
formed a part of the days transactions
One thousand dollars Of each brought %.
Forty-seYen shares Of Railway preferred
sold at 81 IA. three shares at ST. Eighty
eight was bid for the common. go asked. |
There was no sales in Capital Traction. |
los L. being bid for the stock which was
held at 10.
Fifty shares OF American GRAPHIC. COM |
mon, sold at 81 Ten shares Of Mergen- |
thaler brought 216 l-2. i
Consumption of Cotton.
Cotton consumed in the United States |
during January amounted TO 540.S14 rum |
ming bales, including 1861 bales of for
eign cotton and =. 735 bales Of linters, |
compared with 553,7i3 bales in January |
last year. the census bureau announced |
yesterday.
Cotton in manufacturing establishments
January 81 was Isl, i96 bales, including |
1854 bales of foreign cotton and sos
bales of linters, compared with 1,sl2, $50
bales January 81 last year, and in indie
pendent warehouses 290.1f9 bales, in |
GLIDING 2y362 bales of foreign cotton and /
la.51s bales of linters, compared with
ee57,0fs bales last year.
Imports were 1884 equivalent 50o-pound
bales, compared with 52,0g bales in jan
uary last year.
Exports were 1.052,1eS running bales,
compared with 9oo,931 in 1918.
Cotton spindles active during January
numbered 31,112,7 compared with $685.
Sfs in January last year.
Cotton consumed in cotton-growingl
States amounted to 1854 bales, COM
pared with Zn,54 bales last year; in all
other States, e., $50 bales, compared with
262,23 bales last year.
C. & p. T. Co.'s Report.
The report of the Chesapeake and Po-
tomac Telephone Company, in detail. is
as follows:
Receipts on account Of operations in the
District Of Columbia for the calendar
year SO 7I Is
Erp.Dditr9 account Of operations in
the District Of Columbia for the oiendar
year 1913:
General administrative expenses and
taxes H8, Is 81
Operating expenses (central o1ice oper-
atinS. paystation commissions. direc-
tores, advertising, 1nvassing, and
Collecting ...............-....... lz77B
Maintenance expenses tcunent repairs.
rnevzk and replacements)........... Sol 65 OF
Rentals, pole and roof attachments,
and insursDcs.............. axs
To.L.......................... a.s.ou q
Revenue h.lsnce applicable to interest
and dirdeDds................. sss.@ s
Eeceipts on account Of cpitsI in The Dis
trict Of Columbia for the calendar year
ms ::.-....-.--.....-;.-:.-..: assesE
Erp-nditres sccouut Of CAPITAL in the
District Of Columbia for the calendar