The Washington times., 1914-03-31
treasury LOAN OF
100000 IS REPAID
unsey Trust Company, With
out Call, Arranges to Make
LAST of Three Payments.

b.. final payment of the 81 900. .OyO Ioar
~ the United States Treasury mao,
the Munscy Trust Company TO tide
or the financial furry which sub
ic" after the Munsey Trust Company
& over the United States Trust Com
ia. and saved the financial situation
L! be made tomorrow. Like the twl
F?nents already made, it anticipates
{ all from the treasury, which is
u;i in such cases. The loan was
aL' subject to call, but - never has
eeu necessary for the Treasury to is
call in this instance, as each pay
e. has been made in time to pre-
rur such action.
= Engagements for the final payment
4 be completed this afternoon. The
yrnent neceSsitatcS i transfer of Sc
rites through the national banks
me city, as, technically the loan was
a"" to the national banks. securities
nule to cover the $l.Goo.0o0 in cash
e' turned into the Treasury. These.
course, are returned when repay
eut of the cash is made. the actuai
Erntng over Of the caSn and securities
in be made tomorrow.
Al the Treasury Department it was
~ I'd today that no call ever has been
a. on this loan, because none was
s6 ssary The only stipulation was
pr payment on call within reasonable
n. and the Munsey Company had an
klpated such actlOn.
N changes we're made in the per-
bruCl of the officers or board of di
ecinrs OF the Washington, Baltimore
no Annapolis Electric Railway Com
~. at the annual meeting held in
n spol's Junction yesterday The re-
eried officers are George T. Bishop,
resident: Frank II. CHM. vice presi-
prt: George Weems Williams, secre-
krv. George A. Craig. treasurer. and
aJnes ]. Doyle. general manager. The
F. Iected directors are George T.
|ishop. George a. Craig. J. J. Doyle.
jnG George Weems Williams. all of
! aItimore: c. s. Eaton, and +. III. CHM.
Cleveland, and George R. Sheldon, OF
fc- York
| Tho annual reports of the officers
he we'd that the road had an excellent
|ear Net earnings for the year ended
|ercrnber 81. last, showed an increase
sS.oS7.4 over the preceding year.
Es cause Of absence from the cf:ysof
eyeral of the stockholders. the election
tbeduled yesterday by the Franklin
fs s'ional Bank was postponed for to-
ay 1t will be held after 4 O'Clock this
fternoon.
G. pital Traction took another tumble
h the Washington Stock Exchange to-
~. and a new low level for several
lonths was reached. Despite the low
cures prevailing, buyers appeared 10 be
ut little interested. Consequently the
ok. while the subject of much discus
or came in for but little attention when
rtual trading is considered Yesterdays
osing figures of 104k bid and IV4I
sked were supplanted by a bid price
1ooL, while the asking price dropped
lJ2.
In all there were but thirty-three
lares Of Capital Traction sold During
e egular call, three odd shares brought
l: on the after call. the stock re-
aimed in the lirlelight for \ time.
v, uty-five shares changed hands at
~ and five at 102.
= .. per cent bonds of the Capital
. 0tfon Company brought h1&s.
e long-term per cent bonds OF
b, Riggs Realty Company sold for
u There we're So shares of Gas
t"' K that changed hands at S2lz. ou:'
+ -es of Mergenthaler brought 2l5.
spite of the fact tnat the annual
nI- ri of the w. B. & A, made public
e, erday showed that railroad to have
? ed through most prosperous year.
= ing a good net increase in profits,
stock, but recently listed on the
- 4 lEXchange. attracted but little at
ION. No efforts to either buy or
sI uere made