Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-08-10
LANSTON SHARES WERE
!. IN DEMAND AND firm
Sales to 701I, With rs the Asking
Price at the Close-Trac-
IL. ton IS Wanted.
Washington Gas and Railway Com
mon Show Fairly Good Strength.
! B. & o. Earnings-Notes.
BY I. A. FLEMING.

There was considerable improvement
in the amount of business transacted
today on the Washington Stock Ex-
change, for this season of the year, al
though, at that, trading was only mod
erately active.
Lanston Monotype Machine Company
shares made u new high on this move
ment at 70E, while the bid price was
raised to 20. and no stock was offered
under 15. officially, although fractional
bids above 701s might have developed
selling orders. First sales were at 10
and after call sale was made at 20
There was some trading in Washing
ton Gas and Railway and Electric pre-
ferred shares, sufficient to make an
actual quotation the former selling at
~ to 72h and the latter at IS.
Capital Traction was offered at SS5s +.
with IS bid, while Railway common
was held at S9A and SO bid, buyers and
sellers so far apart that transactions
were impossible.
The bond list attracted attention, or
rather Capital Traction 5s did, $4,000
face value selling on a rising scale
from 1861 to 1867, the first price u
decline and the last a net gain of a
point.
Condition of the Treasury.
The condition of the United States
Treasury al the close of business yes
terday was:
Net balance in general fund, $685.
7s7.S59
Total receipts. $1.21S,673
Total payments, $1.1.5,754
The deficit this fiscal year is SIS
4o9.2S2. against Il deficit of 1887 $50 last
year, exclusive of Panama canal and
public debt transactions.
B. & O.'s Fiscal Year.
Baltimore and OHIO, reporting for
June and the fiscal year, shows gross
operating revenues in June of $780,
955. an increase of $709.O62. as COM
pared with the gross of June, 1914
For the fiscal year ended June 80, the
company reports q total operating in
come of 91,S15,191, Il decrease as COM
pared with the revenues of 1914 fiscal
year, of S7,269.254, this being turned
to net revenue gain of $3,O75,327 by
a decrease of more than $40, 100000 in
maintenance and transportation ex-
penSes.
Freight receipts decreased S5,562,1
and passenger revenue, sl,s13.S7O.
Steel Common Crosses rs.
On the road up Steel common made
a new high. and passed a figure rs,
at which, Wall street experts have in
sisted of late, it would meet an ava
lanche of European selling and stop
Today's action would seem to indi-
cate that European investors are less
disposed to sell their American hold
ings in the big corporation than gem
orally supposed Also that the takings
OF foreign selling are satisfactory
The Steel Corporation will send out
a. statement of untitled tonnage this
afternoon: If. as expected. an increase
in untitled orders of nearly 100000 tons
is reported. higher prices are within
the proba bilities.
Equipment Wanted.
European inquiries for cars are said
to total 100000. and there are also
many commissions for locomotives.
Representatives of the allies are said
to be in Pittsburgh and on the eve of
placing large orders.
The Pressed Steel Car Company has
just finished 1000 cars for European
delivery. War munitions are keeping
nearly all plants busy. the only diff
Guilty in obtaining orders at this time
being the crowded, rushed condition Of
factories and some difficulties in con-
nection with payment
Both Denmark and Holland have
been in the American market as mu-
milton buyers, according to the best
information on the street, for eventu-
alfties, not for immediate use
Financial Notes.
blanket mortgage of $500 600 900 is
to be issued by the Seaboard Air Line
railway. of which s25,643, 900, series A.
will now be issued. having been taken
by large syndicate of bankers The
Carolina Atlantic and Western Rail-
road Company has been absorbed by
the Sea board
Experts believe that the Guggenheim
Exploration Company is on the eve of
making a cash distribution to it's share
holders.
The New York clearing house has put
into effect its country check collection
system.
Forty corporations hold dividend
meetings this week. No reductions or
passings are expected.
Pennsylvania earnings for the fiscal
year ended June 80 showed net about
per cent.
Directors of the Canadian Pacific yes
terday declared the regular ~ per
cent quarterly dividend. this desnite
the serious losses in earnings
Exports of the United States during
the last fiscal year were S276S 643522S
the largest record, covering the
period of the wars duration. in an