Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-07-26
INTEREST IS DIVIDED
ON LOCAL EXCHANGE
Stocks and Bonds Share About
Evenly in Trading at Ses-
sion Today.
Quotations Remain Unchanged FOL
the Most Part-Financlal
Notes of Interest.

Interest was about evenly diVlded De
tween the bond and stock lists on the
local exchange today. The volume OF
trading was light. With but a re"
exceptions quotations remained un-
changed.
Capital Traction IS sold $1,000 at
"o5s. and there were further offerings
at this figure. The bid for more was
1885,, and there were further offerings
than those recorded at the close FIJI
day, when lo5 was the bid.
CITY and Suburban IS sold $1,000 at
1921. and Washington Market 5s sold
5000 at 100.
Improvement was recorded in the
figures for Washington Gas bonds
Friday the closing bid for this security
Was lO4la and the asking price was
1885,. Today both advanced half a
point without resulting in any sales.
The bid for G. and T. Telephone IS ad-
vanced from lO312 to 104 Is. without re-
sultins in any sales.
In the stock list fifty shares of Rail-
way and Electric common sold at ~
which VS. the closing bid. The asking
price was 81 The preferred sold SIX
shares at So.
Mergenthaler sold a single share at
$50 and four shares of Lanston
brought 50.
Few Permanent Investments.
Under the heading Savings Banks"
the Wall Street journal prints the fol-
lowing:
1.-The general attitude of saving lnstl-
tutions toward the investing situation is
probably we'll expressed by an official of
one of the leading savings banks of this
city, who says For the better part of a
wear the savings banks. judging from our
own experience. have been putting little
into permanent investment forms of secur-
tiles or real estate Savings banks Sc
curities may he said on the average to
have declined at least 10 per cent in the
mast five years in their quoted prices
Real estate has likewise gone through
liuudating process in which the shrink
age of values has been marked. The
banks have not been. SO far as / am
aware, participating in any purchases OF
supposed liqudatons coming from Euro
pean sources on account of the war. Our
purchases of bonds give no indication OF
having come from Europe. There
probably has not been so much selling
of good, sound investment securities on
the part of Europeans as many people
suppose.
Country's Bank Clearings.
Total clearings of the United States,
Tor the week ended July "a, 1919 zone
day estimatedD. according to the Finan-
cial Chronicle, were S3.13S, 121,551
against $3,37o642.979 reported for the
previous week. They compare with
s2,910.573.724 for the corresponding
week year ago, a gain of 1876.
B. & o. Earnings Given.
The Baltimore and Ohio Railroad
Company's statement of earnings and
expenses for the month of June shows
net operating revenue of s3,c02,5s2,
compared with s1,4S3.60S the same
month the year previous. Net oper-
ating revenue for the twelve months of
the fiscal year was s97.S05,797. a de-
crease of s7,34S,213 from that of the
same period the year previous
The figures for June and the year
confirm the estimated figures of in
come made public at the time of the
declaration of the semiannual divi-
dends July last, and the fact that
after the payment of per cent on
the common stock there would remain
more than s65O,o0O to be carried to
surplus account