Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-03-23
RAILWAY COMMON SALE
FEATURE ON EXCHANGE
Principal Trader Buys Six Hun
bred Shares at Own
Offering.

| After offering the stock down from s.
without bringing out anything better thar
! his own bid of SS1a. the principal trader
in Washington Railway and Electric com
mon today sold himself 600 shares at the
| meeting of the local stock exchange today
He declared he stood ready TO purchase
was the bid at the close. After call this
bid served to bring out 80 shares, which
| he promptly acquired,
| There appeared to be scarcity OF or
derS to buy the common stock on the eN-
change An effort was mad to buy sew
eral small lots.
An advance of half point was record
ed In the bid and asking prices for the
preferred stock of the company. IN winch
there was no trading.
In the bond list $500 Capital Trac-
| ton rs sold at 10Sis Columbia Railroad
! IS sold $500 at 100 and Potomac Con-
soidated rs brought lGo,4 for $1,000
In the bank list twenty shares of Ma
tional Metropolitan stock sold at 10.
which was the bid for more
President Benjamin Woodruff of the
stock exchange has returned from a
company with Il number of New York,
Philadelphia and Baltimore bankers. he
inspected the properties of the South
Carolina Light. Power and Railway Com
pany. Mr.. Woodruff reports he found
the cotton mills of Spartanburg and
other cities running at full time. Many
of the mills are disseminating the use of
individual power plants. he said, and are
operating with electricity supplied from
big central plants. Water is being utiliz-
ed to generate the current.
Stockholders of Washington. Balti-
more and Annapolis Railway Company
are being requested to authorize the
eXtention of the voting trust agree
ment which is to expire April l. The
managing committee of the voting trust.
composed of George I. Bishop George
R. Shelton and Frank II. CHM. asks that
the agreement be extended to April ].
1916. stating that such eNtention will be
for the best interests of the stockholders.
Depositors in savings banks of the Dis
trict of Columbia during 1913 averaged
$3.50 apiece. according to the annual re-
port of the controller of currency,
which gives the total number of savings
institutions in the District as seventeen,
the total number of depositors as 65.O65
and the total savings deposits as $l042:i,-
21369
Stockholders OF Washington, Balti-
more and Annapolis Railway Company
are being requested to authorize the
extension of the voting trust agree
ment which is to expire April l. The
manasins committee OF the voting
trust. composed of George T. Bishop.
George r. Shelton and Frank II. CHM.
asks that the agreement be extended to
April l. 1916 stating that such extern
sion will be Tor the best interests of
the stockholders.
The Pennsylvania railroad system has
just issued its annual record, of trans
portation lines. which shows the COM
pany has 11,729 miles of line and rs. 1873
miles of track. The system has $50
miles of four-track railroad. The Penn
syvapia now operates in thirteen states
and the District of Columbia 1t has
in addition to it's 11.729 miles of lines.
S,I1. miles of second track, 81 miles
of third track and 3,23S miles of side
tracks.
Payments through the banks. as re-
f1ected in bank clearinss at the prin-
cipal cities i'll the United States. con-
tinue in moderate volume. the total last
week amounting to $2,S33 157, 121. d de-
crease of IL per cent as compared with
the s2.ST3.302.65S of the same week last
year, according to Duns Review. Only
in a few instances were the losses at
all pronounced, that at New York be-
ing 80 per cent in comparison with
last year, while the total of the cities
outside the leading center is "a per
cent larger than last year.
Commercial failures last week in the
United States numbered 347, against
341 the week before, 334 the preceding
week and 2s4 the corresponding week
last year