The Washington times., 1914-01-27
LOCAL SECURITIES
EXHIBIT STRENGTH
Exchange Session Is Busy and
Prices Firm-MetropoIitan
Bank Stock Active.

Activity and strength characterized
the session of the local stock exchange
today. The bond trading amounted to
$15,5OO par value and there were 2T
shares of stock of a number of issues
sold.
| Washington Railway AS held at the
recent level of 50 and 5000 OF these
bonds were traded. A block OF 5000
of Capital Traction SIS also came out at
10S& and a $500 bond sold at the same
price. Potomac consolidated 5's sold at
par for 5000 worth, and a Norfolk &
Washington 5 per cent sold at 105.
Following the sale of a quotation lot
OF National Metropolitan Bank Monday
at a firm figure, six more full and
broken lots came out today, forty-one
shares in all. The first sale of five
shares was at 1904. Twenty-Five more
shares sold at 100: one at 191, and ten
more at $50.
| Washington Railway common and
preferred held at 90, 35 shares of the
common and eight shares of the prefer
red being traded. MergenthaIer ad-
vanced half and seventeen shares sold
at 215Ih Twenty shares of Lanston
brought S3A.
A number of odd lots of Capital Trac-
ton sold at ia and a quotation lot was
sold after cali at u less. Norfolk and
Washington Steamboat stock declined
in the trading from I9O to 1S7. Twenty
one shares sold at the top price, thir
teen at 1S9 and twenty at the low.
A block of 81 shares of National Saw
ings and Trust sold at 20 and eight
shares of Union Trust at 1925.
Crane, Paris & Co., private bankers,
have issued a circular of securities list
ed on the Washington Stock Exchange
| showing the rate of investment return
as of January IS. The list also gives
the interest rate, the dates on which
and the dividend and interest periods.
| The table is a COMPLETE guide for in
vestorS in local securities and was COM
piled by Eugene z. Thompson, Junior
member of the firm
Washington investments in apple or
| chards in Virginia, West Virginia, and
| Maryland in the vicinity of this city
| have increased rapidly within the past
\ few years With few exceptions, these
| investments have been unaccompanied
| by any general stock-selling features,
| the investors preferring to develop their
| properties without the assistance OF
| The public and to retain all the prohts
| for themselves.
A series of lectures on the possibil-
| tiles in this field by George NJ. Oar
| row, of the Department of Agriculture
| will be given before the Y. NJ. c. A
Institute, commencing with free lee
ture Wednesday night at Z O'Clock in
/ the assembly hall on Orchard Invest
ment in the Vicinity of Washington"
| The other lectures In the series Will
| be given every Wednesday night from
| 7 to o'clock The subject of apple
! nl11T will sly nf the lee
lures
The Childs Company, operators of
| a string of restaurants in the large
| cities of the country, one of which re-
! Gently was established in Washington,
| earned about S17 per cent on its total
| assets of 1904, 500 in 1913, according to
its report for the year. The gross prof
| it's were 1868, COS as compared with $SA,-
/ 103 in 1872 although in 1913 the COM
pany had ten more restaurants than
| in the preceding year. 1t paid SG5I,'&
| in dividends in the past year, as com
| pared with $6O9. 425 in 1872, reducing the
surplus from SZ7l,G57 to S205,S24. OF the
| total assets, S7,657, ,40S is Invested in eS-
adjustments; S1O7.50 in real estate. and
| the balance in cash, stocks, notes, in
| ventories, and reserve fund.
American capital invested in Canada
amounts to $685., $685. ,952, according to
I
Monetary Times. This compares with
similar estate of S4l7, 1921 made at
the close of 1911 and of 1913 ,07o.000 at the
end of 1909 II represents an Increase
Of $35S, 10000, or III per cent. since 1903
Taking an opposite view from that cx-
pressed to District bankers at their an
nual banquet Saturday night by Carter
B. Keene, director of the Postal Saw
ings System, Boston savings banks and
Boston bankers are sending protests to
Washington against the Bankhead bill
removing the limit Of deposits that may
be made in the postal savings bank. 1t
is claimed that great injury would be
done TO savings institutions, and espe-
cially mutual savings banks, should the
limit be removed, even though it is
planned that after a certain amount no
interest should be paid.
The output Of the Braden Copper Com
pany in December was 1,06l tons, or
| 2I22, 900 pounds of fine copper. the larg-
| est production in the company's his
tory. The old mill treated 10, ,359 tons Of
ore, averaging 1.S9 per cent copper, and
the new mill treated 1852 tons, aver
| aging 2.I5 per cent copper. The old mill
| recovered S0SS per cent and the recovery
at the new mill was 69.7S per cent.
The German American Fire Insurance
Company, OF the District, has declared
the regular semi-annual dividend of