Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-04-19
RAILWAY STOCKS SHOW
VERY STRONG UNDERT0NE
Buyers and Sellers Are Apart on
Washington Gas Shares. 81 Bid,
SO 70 Asked.
No Transactions in Bonds-Treas-
ury Excess Disbursements In
crease-Some Favorable Signs.
BY I. A. FLEMING.


Ing on the Washington Stock Exchange
today. but the undertone was gener-
ally firm, and previous prices We're well
maintained. Washington Railway com
mon sold at So and S21s. while the pre-
ferred shares were strong. selling at
s..
Capital Traction sold at 81. There
were no transactions in Washington
Gas. buyers and sellers being apart
with s. bid and 69fs asked. Lanston
brought so. A sale Of American Tele-
graph and Telephone stock was report
ed at 1o4.
Bonds were held firmly. but We're en-
tirely inactive, not q sale being record
ed. Banks continue to buy bonds rath-
err freely over the counter. ana were IN
the open market with orders. but were
slow to advance prices
Dividends Declared.
Directors of the Washington Virginia
Railway Company have declared a PIG
Der cent dividend on common stock,
and g | per cent dividend on the pre-
erred shares, both payable May l. to
shareholders of record April il.
Treasury Deficit.
For the 18th of April the disbursements
IF the Treasury Department of the
-nited States exceeded the receipts by
s661,e increasing the excess dis
,ursements for the year to that date to
eO.SOS,015, as compared with $685.
u.s. the excess disbursements to the
same date for the previous fiscal year
These figures include Panama Canal
and publ cdebt transactions.
The excess of payments over receipts
II the general fund for April 10. was
:22,315 ,3So. leaving a net balance IN the
reasury of s25.5s3,11'.
Financial Notes.
The Sloss-She field Steel Company
showed a total income of Ssi3,so5 for
1914, from which S243.4S6 was deducted
for taxes, licenses and general ex-
Penses leaving a surplus available for
7ividends of s49o.139. Preferred divi-
lends called for S469.00n. leaving a sur
oius of s21.15s for the years opera
.ions-equivalent to 81 per cent on
he $4,000. 600 of common stock.
Pennsylvania Railroad Company Will
'uild ffty-siX passenger cars and 1000
freight cars. orders for nino,y pas
senger cars and 5000 freight cars will
oe placed with equipment concerns.
The company will also build IA loco
motives at it's Altoona shops.
Samuel Untermyer is said to be the
:econd largest shareholder in Be,hle-
lem Steel Company's stock He has
10000 shares of common stock. pur-
chased years ago at IS share, and de-
.!ares that the price today is matter
II Indifference to him, as the stosk is
aid away for his children.
One billion of gallons of gasoline will
~ consumed this year, according to the
National Petroleum News
Mexican Petroleum has finally de-
'eioped some of the good points that
Is Washington friends were claiming
or it for two years. 1t was the sensa
ion of the list today, advancing from a
lose of Sc Saturday to 92A, with indi-
atoms Of going still higher.
Here are some business straws:
The South Chicago rail mill resumed
operations Friday after weeks of
closure. The Gary mill will operate
ave days week instead of four. asl
heretofore. The American Bridge Com
oanys plant at Gary resumed opera
ions today, with 600 men at work,
tfter weeks of idleneSs
New York city clearings for lest week
increased per cent; New Orleans clear
TEs increased :. per cent, while Chi
.ago's clearings decreased 81 per cent.
Twenty-seven railroads reporting for
he first week in April, 1915, show d,
let decrease of 5.3s per cent.