The Washington times., 1914-04-07
TRADING SLOW ON
CAPITAL. EXCHANGE
Several Rises in Price Lists
Mark Dull Day in Stock
Market.

Stocks were sluggish on the local
exchange today, and the compare
lively long list of sales is not an in
dicaticn of a large amount of in
ierest The brokers it seemed, came
TO the floor OF the exchange with a
certain number of orders to I'LL. These
executed. they refused to wax en-
IhusissIic over the listed securities.
There were several changes in the
price list, however. and in nearly
every instance these rose from y to
! point. American National Bank was
one of the exceptions. the asked price
of that stock having declined points.
Public utilities stocks constituted
Railway as. $500 worth changed
hands at 50 and So. The per cent
bonds OF Potomac Consolidated Elec-
tric. $1,000. sold at 100.
Capital Traction was firm. In all. 10
shares changed hands at 1O2. An effort
was made to obtain small blocks of this
stock at II point decrease. but without
results. Railway preferred. sold at SI4,
Two shares being transferred at that ng-
ure. Ten shares of the common stock
OF that company sold at ssh on the
after all.
Lanston was in slight demand. Thirty
shares brought S4as, and twenty addi-
tionsl sold at SAL. Mergenthaler. the
other type machine stock listed on the
local exchange, sold at s15, which was
u better than yesterdays bid price.
Three shares of American National
Bank sold at 1921.
The board of governors of the WASH
ington Stock Exchange have voted an
increase in the salaries of the two
Young men who operate the board and
the Rock list. The Increase Is IS per
month in each case.
The United Cigar Stores Company of
America has declared its regular quar-
terIy dividend of $50, payable May Is,
to stockholders of record April 30.
Justice Stafford has designated the
new Franklin National Bank, Tenth
street and Pennsylvania avenue north
west, as depository for the assets ot
sfankrupts and estates.
The last annual report Of the Wash
iagton, Baltimore & Annapolis Electric
line showed that after paying the per
cent on the preferred stock, the COM
pany had approximately la per cent Tor
the 100000 common stock. Regular
quarterly dividends are being paid on
the preferred J;tock. In 1913, the com
panv purchased the entire outstanding
capital stock of the Annapolis Public
Utilities Company, and now furnishes
gas and electric service TO large terri
tory in and near Annapolis. Much new
avenue is expected to come from me
Establishment by the Government OF a
dairy farm at Gambrilrs, Nd. to sup
ply dairy products for the United States
Naval Academy All material and dairy
supplies for the farm will be carried
by the company, which also Will take
the products Of the farm to the Naval
Academy. and supply current for light
ing and power.
ing current for power and light to the
Maryland Hospital for Colored Insane.
and as additions will be made 10 the
hospital, this contract also will be a
good revenue producer
One year old today. the Security
Savings and Commercial Bank, Nlnth
and G. streets northwest, ts Receiving
congratulations from its friends ana
customers. The officials o; the oank
declare the year lust ended one o.
phenomenal success.
The books of the bank today showed
rotaled deposits of sSl2.oAp- Whe7 the
institution opened it doors. the dePoslts
were ssO.oon Julius !. Peyser, president,
stftution will be retained and additions
made to keep pace with the growth o.
The bank. During the wear, the Sc
cvrity Savings and Commercial Bank
purchased iOiih Va ~
United States Trust Company. later the
/ roperty of the Munsey Trust Com
ram, at Seventh md G streets north
west The officers Of the Security
Savings and Commercial Bank. all of
whom were recently reelected. are:
Julius I. Peyser, president: Ci-ao:ss' X.
Linkins and Fred Mckee. vice presi-
dents: John II. Baltz. cashier. William
r. Baum, assistant cashier; Charles
". Darr. general counsel
tt became known here to-day that
EIdridge 2. Jordan has resigned as
vice president of the Mutual Alliance
Trust Company of New York.
IL Was announced today that while
the Washington Stock Exchange will
remsin closed Good Friday. it will re-
open Saturday. All the Washington
banks will remain open during Easter
week. The New York Stock Exchange
will close Friday arr. IN all proba-
biIity. on Saturday. The New York and
New Orleans Cotton Exchanges viii