The Washington times., 1914-02-19
CAPITAL TRACTION
CONTINUES STRONG
BY GEORGE H. GALL.

Capital Traction advanced again in to-
days trading on the local stock eH-
change. fourteen shares selling at llO.
The quotations for full lots however
we're l0Su 1854. The Washington Rail-
way stocks were more active. Two lots
of fifty shares each of the common
stock sold at IS and sixty shares OF the
preferred on a scale down from S7E to
81.
Twenty shares of WASHINGTON Gas
sold at 81 and a single share at Il more
Twenty shares of Lanston sold at S33,
Four more shares OF National Metro
politan Bank came out today at the
usual price of l90. There was also a
sale of twenty shares of East Washing
ton Savings Bank at Is.
The bond trading was light, includ-
ing $1,000 of Washington Gas SIS at l012s
and 81, 800 of Cap. tai Traction SIS at .0SA
Robert \. Harper. president of the
District National Bank, has accepted
election to the board of directors of the
First National Fire Insurance Company.
Bates Warren. vice president OF the
Continental Trust Comapny, and Will
lam Frank Thyson, have been elected
to the board of the Commercial Fire In
surance Comapny.
The last lecture on Sales and Bail
ments'' before the Washington Chap
ter, American Institute of Banking,
will be delivered at tonight meeting
at 12l4 + street northwest. The series
of lectures on banking law are under
the direction of Charles H. Doing. jr.,
chairman of the educational committee.
The annua banquet of the chapter VIII
be held Saturday night
steady advance in activity in the
steel industry is repor6sd today by the
Iron Age. whose weeyly review is in
part as follows: Rolling mill operations
are gradually increasin, and II is tne
n l.
tying on their contracts at an unusually
full rate, indicating that repienlshlient
is continuous and that some Oh IL Is
urgent New orders with some lIh-
portant companies are larger thaIi Mas
expected of February, in view OF lhe
good January bookings and the lack oi
price inducements for forward ouHlns.
Steel companies most dependent on
railroad demand naturally nnu Iess . iea-
son than others for favorable foreGdsiiSS
The Steel Corporation, with Its wloe di-
versity of products ana IT'S &c noreIgn @
trade, reports new BOOKINGS iGVn eolis
a day more in the first two weeks ol
February than in the correspondents
days of January. 1t is operating TINS
week at per cent of ingot capacity,
and after drawing on its pisiron stocks
airy /. is starting four additional blast
furnaces this week-cne each at tae
Loraia, MckeeSport, Edgar thomson
and south Chicago groups.
Several independent steel companies
are also running fuller than at the
opening of the month, due largely to
the demand for shipments in wire,
sheets. tin plates, and tubular products.
with ali their efforts to keep from
buying, the railroads are more than a
negligible factor. The Central Of Geor-
gia has bought 1900 tons of rails from
the Enslev mill. and the Illinois Cen
trail leOoO tons. At Chicago. 1900 tons
were placed, including C.36D tons for the
Omaha. The Northern Pacinc is in the
market. The Pennsylvania order, when
II comes. will probably include some
120-pound sections, and there are some
unusual requirements as to low rolling
Temperatures"