The Washington times., 1914-01-20
BUSINESS IS BRISK
ON LOCAL EXCHANGE
BOND Trading Is FeatuTe-SeC-
retary Bryan to Address
Bankers.
By GEORGE H. GALL.

good volume OF business was trans
acted on the local stock exchange to-
day. especially in bonds. a total OF
$4,000 in bonds and 13l shares of stoSl
were exchanged. The bond trading was
chiefly in Washington Railway scCuri-
ties. $500 of the Railway As selling at
so and 5000 of Potomac consolidated SIS
at par. a Chesapeake & Potomac Tele-
phone was sold at 1882; $500 Of Wash
ington Gas IS at 1O6Fs, and $500 of Capt
tai Traction SIS at loss.
The stock trading was largely in
Washington Railway common, sixty
shares selling at So Fifteen shares or
the preferred sold at %. Washington
Gas stiffened in price. fifty shares
bringing SS1a, eXdividend. The other
trading was in one. two, and three
shane lots.
Eugene Z. Thompson. junior member
of the firm of Crane, Paris & Co,
who was elected Monday to fill the
SCAT of Augustus Crane. was on change
tsday and took a prominent part in
the trading.
Secretary of state William Jennings
Bryan will be a speaker at the ban
quet of the Bankers AssOci2tiOn of the
District Of Columbia at the New Will
ward next Saturday night. President
Wilson has been invited to attend, but
has not yet signified mis- intention of
acceptance.
The annual meeting of the Washing
ton Clearing House Association will be
held "Wednesday afternoon at o'clock,
len officers will be elected.
The annual stockholders meetings of
the American Security and Trust Com
-.
were held today. The directorates were
unchanged and the officers of both
companies were also reelected.
The annual report of the American
Security and Trust Company shows a
slight falling off in gross and net
pI offs as compared with the year 1872
Cross profits for 1913 were $5S2,2lS.46. as
compared with 1886, lO0.95 in 1872, and the
net for 1913 vas S37S.O5+f0 as against
s4Gl, 1863 in 1872 Commenting upon
the situation. President Charles j. Bell
saws in his report:
while the profits for the year were
not as large as in 1912, there has been
steady increase in the business of
the company in all it's branches.
-Four quarterly dividends of 3 per
cent each have been paid, amounting
TO S36OOBO,- and the sum OF Sl53,l3O
was paid as interest to depositors.
The assets of the company, together
with the cash and securities held by
our trust department, have been eN-
nmined during the year by an audit
ing committee appointed for that pur-
pose in addition to the examination
made by the Comptroller of the Cur
rency
Notwithstanding the low price of all
securities in 1913, ii is gratifying to
know that the aggregate market value
Of our stocks and bonds is greater than
the amount carried on our books"
The loans made on real estate in 1913
show a sharp decrease from those made
on this security I'm the previous year,
S92l.691.01, as compared with S1.3IO,--
3S5.16. The loan paid were also less
than half those paid in 1912, S249. 1883
as compared with $3.50. .S33.13. Total de-
pOsits were considerably larger, how
ever, than in the previous year.
The annual report of Albert NJ Read.
president of the Security Storage
Company, shows a good years bust
ness. with net earnings of S62, ,4SS.54
Und Kided profits in 1913 were SS5.-
-90s.sS5 as compared with S2S, ,469.S4 in