The Washington times., 1914-06-30
TRADING IS ACTIVE
IN BOND LIST HERE
Stock Sales on the Washington
Exchange Also All More
Numerous Today.

While stock sales on the Washington
Stock Exchange today were more nu-
merous than at recent sessions of that
body, the bond list again furnished
the medium of the principal trading.
SG5,0O0 worth being disposed of. Cap
ital Traction 5s led this unusual deal
ing with sales that totaied SCI 600 at lOS.
The other two bond transactions re-
corded consisted of 5000 worth of Riggs
Realty dong SIS, at 10l9s, and &. 900
worth of Potomac Electric Power Con-
solidated SIS at 991s.
The feature OF the stock trading,
which was confined principally to scat
tered odd lots, was the strength de-
veloped by both Washington Railway
and Electric preferred and Washington
Gas, and the weakness OF Capital Trac-
ton.
Seven shares of the Railway preferred
sold at ssh, as against recent sales at
S2s., and the bid price was then raised
from sly to So. Washington Gas in
sales OF twenty shares advanced from
the recent price of 7e1s to 767s. and the
bid and asked figures were placed re-
spectively at 761z and 76T.
The Traction stock, on the other hand
sold down to 81, the price commanded
Tor ten shares, and the request by a
broker for a bid price on seventy-five
shares failed to draw forth any figures
for such block. The only other sale
recorded was ten shares of Mergen-
thaler Linotype at PA
The United States Express Company
VIII close It's activities as q transpo-ta-
ton company at midnight tonight after
sixty years Of successful service during
which its facilities were extended to
cover practically every section of this
country and branch offices were estab-
lished in Europe.
The comnany will retain its organiza-
ton for some time, in order that its
assets mag be ljquidated. President
Roberts has announced that of the 49,
600 employees Of the company at least
30 per cent have already secured en-
ployment with other express companies
The railroad contracts of the compa ny
have been taken over by other express
companies. principally by the Wells
Fargo Company which will carry OH
The business formerly done in this city
! by the United States Company.
The latter organization had a con-
tract with the United States Govern
ment for the transportation of funds
for The Treasury Department. At the
Treasury this morning it was said
| that the United States Company had
made arrangem ents for the temporary
performance OF this work, but that no
contract had yet been entered into by
! the Government with any company to
! handle its moneys in transit perma-
nently-.
With the conclusion tonight OF the
daily reports which Comptroller OF the
! Currency Williams asked member bank
! officers of the Federal reserve system
/ TO furnish during the month Of June
/ these individuals will set about the
compilation of several other extensive
reports which the Comptroller has ask
| Cd for incident to the regular bank
| call which is expected tomorrow.
The bank officers think that the
| Treasury Department has been unusu-
| ally e%acting in demanding the daily
| reports. These more recent forms which
! have been distributed are regarded by
| many Of tho banks as an unjust bur.
| den.
Among the reports which they will be
! called upon to submit will be a geo.
graphical classification of loans and dis
! counts; a classification of the deposits
! on the books of each institution; a de
| tailed statement of the bank earn
| inSs and dividends; a report OF the cir.
| culRtion outstanding; the detailed pub,
| lie statement as to the banks condi-
! ton. the Comptroller's office copy, con.
! tanning confidential information, and the
| Comptrollers shareholders list.
| The banks only recently furnished q
! list Of their dividend disbursements be.
| tween March and December 81. 1913. 10.
! gether with a list Of the shareholders
| Of record on the latter date. This was
! 10 enable the expeditions collection OF
| the income tax.