The Washington times., 1915-01-13
TROLLEY AND GAS
SHARES FAVOR|TES

Trading on the Washington Stock
exchange today was very evenly di-
vided between the stock and bond lists,
with prices firm in both classes Of Sc
curities. particularly the former. WASH
ington Railway and Electric preferred
md Washington Gas appeared tn be in
most general demand. While the Did
for quotation lots of the Railway and
Electric stock was only advanced u
OF a point to S2%, a block of 10 shares
brought 50, and even higher prices were
was offered at Sc.
Odd lots OF Gas commanded fun
point more than the most recent sales
were made at. .5 shares in broken lots
heins disposed OF at 76'4. The bid
price was raised from 74b to 75,s. and
the asked price from 7,ia to ~. After
Washington had been sold at the
minimum price, tho stock was nd up
to 3SS. and the offering figure was es-
tablished at go.
ct Washington Gas IS at 1oSh: 5000
worth Of Washington Railway and Elec-
trio As at S1N. and 3 800 worth OF Capl-
tai Traction SIS at 107.
Stockholders of the Capital Traction
Company. n their annual meeting to-
day. elected as directors for the ensuing
Edward J. stellUagcn. John s. Lar
Guy. % and % John H. II fsrrS. Perry The directors
later met and reelected as officers
Hurt, first vice president: David CARL,
second vice president and general man.
aEer: TT. d. Champion. secretary, and
Il, D. Simms. treasurer.
The financial statement showed the
fr,to nY In
pany for the year to have been 500,
aya5o: the operating expenses. M,15o,-
192. leaving q net operating income
of N,1O6. .SO0.12. Tho gross operating in
come. less operating expenses; was
Come We're. for s, taxes. SID, Isl .o5: I Special
police. s2l.527.l:. and interest. s-S3.'l1.1..
Or N25Sl9.9 leaving a net income of
s6s7.126ss. From this dividend dis
hurssnents of S660OO0 were made. The
hslancc, together with the surplus Of
S., 0..sS 81 brought over from last year,
and profit and loss adjustments. gives
the company today a surplus OF sl'l'-
A dividend Of ~ per cent has been
declared by the District Of Columbia
Paper Manufacturing Company. payable
January 20 to stockholders OF record
January Is.
In response to queries from the Fed
eal Reserve Bank of Richmond. Wash
ington bankers are sending replies IN
dicatinS their preference OF methods for
the handling of funds in transit. the
collection Of checks for member banks
and other details relating 20 the busi-
ness of tho member banks with the re-
Sional institution. Officials OF the MEM
ber banks Of Washington have con.
fcrred OH the questions, but have failed
to agree on all of the replies. The sew
eral institutions appeared to be very
evenly divided on the subjects upon
which the regional bank has asked
opinions.
Officers OF the Park Savings Bank
hayc been reelected for tho ensuing
year. They are Thomas SomcrNille.
president: Lewis f.. BrcuninSer. Wal
tor n. Elopfer. and George f.. Walker.
vice presidents william E. Todd. secre-
tary: Robert .. Stunz. acting cashier
Joseph W. Cox. counsel.
These officials were chosen BY the
board OF directors selected by the
stockholders at the annual meeting
Yesterday afternoon. The board con.
sists of George c. Altmus, Wade II
atkinson, Frank W; Bolsiano. Lewis
u; Brcuningcr. Charles $. Bundy. Jo-
seph w. Cox. Henry 7. Dismcr. l.. "
Ghecn. G. Francis jenkins. A. =. Jorss
Walter r. Elopfer. Bernard Leonard
G. G. Murray. p. J. Nee. George II
Peters, Samuel j. Prescott. Arthur I
Ramsay. William RI. Saunders, Thomas
Somerville, i. Robert Sommeryille. VIII
liam r. Todd, George f. Walker. anC
William d. West