The Washington times., 1914-02-02
GAS BONDS FEATURE
STOCK EXCHAONGE
Activity Noted With Interest in
Every Class of Securities.
Price Changes Frequent.

| Much activity after the one-day
holiday was noted at today's session
of the stock exchange. Interest in
nearly every class of listed securi-
ties was shown. While the actual
number of sales was not large, there
were several changes in prices.
The session led off with the sale
of a $500 5 per cent Washington Gas
bond, which brought los. The per
cent bonds of the Capital Traction
Company came in for much bidding.
Two of the $500 bonds brought 1oSlt
during the regular session, while on the
after call 5000 of the bonds of the
same company sold at the same figure.
On the after call Gas bonds again
were featured, four of the 500 kind
having sold at 10Ils.
Five shares of National eMtropolltan
bank stock sale of the day.
Business men in this section are
more cheerful, and the feeling is that
comments the Commercial National
Bank in its monthly digest of trade con-
ditions out today. The volume is not
excessive, and in some lines it is not
nearly as good as it often is at this
season of the year; but the trend is
upward and the community Is looking
forward TO better times.
Although Washington is not in the
area where the unemployed class would
become very prominent, it may be said
that there is absolutely nothing in the
situation here to suggest suffering
among wage earnerS; on the contrary,
competent workmen are finding plenty
to do, and the buying power of this
community has not been, apparently,
greatly reduced. People are living more
nearly within their means, and there
is less inclination to make heavy out
1l fr,- Inv l.
dent, also. that during the last year
or so there have been immense addi-
tions to the surplus funds that are
available for reinvestment. People
throughout the South are enjoying good
times
Ir commenting upon the improve
ment in investment inquiry the digest
says, in part, as follows:
There has been a noteworthy change
in sentiment within the last fortnight.
hopeful about the future. This improve
ment has been pronounced in Washing
ton also. where the investment inquiry
is enlarging and money is being con-
stsntly invested This willingness OF
the public to buy high-grade bonds is a
reassuring sign, and shows that in
yestors and business men are taking
fresh courage and are no longer de-
Dressed with doubt and uncertainty
about the future
The report of the New York, New
Haven and Hartford Railroad Com
pany for December and for the six
months! ended December 81, out to-
day, shows an operating revenue Of
in December, 1912. For the six months
the 1913 figures are S35,173,307, as
compared with $36,664, ,374 in 1912.
The net corporate income for De-
compared with sS7,7s5. and for the he
six months, S1,041.403, as compared
with s4,892,SS4. Operating income de-
creased both for the month and for
the six months but other income in
creased in both periods. but the other
income was not sufficient to make
the gross income for either period
equal the similar periods year
cember. 1913, was s1,543.7S5. as com
pared with $1.632,147 in the same
month a year before. The figures for
the six months were $11.692,926 in
1913, and S14,467,933 in 1912.
The separate reports of the various
corporations in which the New Haven
has an interest arc also included in the
statement issued today. These corpora
tinns and the percentage Of interest the
New Haven tJ2lds are as follows: Cen
trail New England Railway Company.
1913 per cent; New York, Ontario and
Western Railway Company. SOL per
cent; Boston and Maine railroad and
operated lines, 52.9 per cent; Maine Cen
trail Railroad and operated lines, 65.l
per cent: New England Steamship Com
pany, 100 per cent; Hartford and New
York Transportation Company. 100 per
cent; New Bedford. Martha's Vineyard,
and Nantucket Transportation Company
100 per cent; Merchants and Miners
Transportation Company, so per cent;
the Connecticut Company, 100 per cent:
the Rhode Island Company, 100 per cent;
Berkshire Street Railway Company, 100
per cent; New York and Stamford Rail
way Company, 100 per cent; Westches-
ter Street Railroad Company, 100 per
cent: New York, Westchestcr, and Bos-
ton Railway Company, 99.6 per cent;
Housatonic Power Company, 100 per
cent; Westport Water Company. 100 per
cent, and the New England Navigation
1nn rner cent