The Washington times., 1915-06-25
TRADING IS EVEN
ON MARKET HERE

Trading on the washington STOCK
Exchange today continued on an even
tenor. with no material Cuctuations
In prices as established through
sales or quotation figures. The only
unusual activity was the sale OF 100
shares of Firemen's Insurance Com
pany stock, an issue infreQuently
dealt in, at Is, the bid price; eu..
reached on the regular call appeared
to be stronger than for several days.
but the offering Of stock developed
the fact that the market for the
was advanced one quarter Of point,
| to 90h, there was a wide di inerence
in tn. prices recorded on odd lot
sales. On the call & shares brought
s1E but the best Price that sf,sr r0n,a tba
The other Sales Of the day were con.
fined to the bond list and included
$500 worth Of Washington Gas ua,,ar Ss a.
SIS at lO5A, and a Metropolitan Railway
For several days the demand for
Washington Gas stock. recently quite
inactive, has been increasing and today
the bid price was advanced full point
from u to 70 for quotation lots, while
73l. was bid for odd lots. but none OF
the stock was offered under a.
| Mergenthaler Linotype stock appeareaa
from $50 to 179. The bid on washington
| Railway and Electric common was also
lowered, being dropped from soA to
soy; , , ,, A.
| clared its regular quarterly dividend OF
| 2 per cent payable July l. The transfer
books will be closed from tomorrow un-
| til June &c.
cent has been declared by the National
| Capital Bank. payable July i. the
books will be closed from June rs to
| June 30.
Although the earnings Of the Washing
ten, Baltimore and Annapolis Electric
Railroad Company for the month OF
| May showed a decrease as compared
year. the company reported a substan-
| tial gain in revenues for the five months
of the present fiscal year. ended May 81
as contrasted with the previous year: s.
earnings were 1888. Al. as against s7s.-
1923 for the same month Of last year
or a reduction of $.l15.S2 for 1slb Oper..
ating expenses were xSs'Sm:m., , or sSo|,Z' 800
which, when deducted from the gross In
come, leaves net revenue Tor the
month Of SO. 1854. a loss of "a. 1885, when
compared with the same month OF lslt;
Quoted the company shows net income
of s11. PSI 20, as against sl6.472.os for May
1 1914, making the net income loss ior
T For the ave months ended with Nav
tho gross earnings were $3NV'6.2o. g
gain Of $11.7s3F over the same per1oo
| OF the previous fiscal year. Operating
expenses amounted to S1e4. .S41; "a. an IN
operating account Of 1914. Net revenues
were $132, 234. 80. as against Sis. l7O6s foI
| 1914, or an increase of IS .O6S 63. The ne'
of the psopsFy pr Is pSer the
responding period last year.
Loans and discounts OF the 1904 ma
tionai banks reporting to the Conptrol,
business on May amounted to $6.SaS:
ss7, ,s51, an increase over March :; lslS
Of s14S s23, ,34s. and over June 80. 1914. OF
Total resources of the reporting banks
amounted to 81 ,S!2. sS4. 1885, an increase cd eaa
over June, 1914, of more than 100000
coo. Total deposits on May l were $S.'
Ss2,o47,7ss Time deposits showed an an IN N,
while demand deposits showed de-
crease of s432 900 below the June
total, but an increase over March =
1915, of about SITS. 10000.
| Total cash (specie and legals) on May
/ was $733, ,34S, 1854. a gain over March
1915 of SIC. 500. .452. but an apparent de.
crease since a year ago OF $Z33 3,S2o. .SsS
Allowing for the transfer nanS OF funds rum .he &c
capital stock there would be an actua
| increase Of S96,25b,002.
over drafts reported on May !, 1915
at $500, 374 show a reduction since last
call of H,142, ,159, and since a year age
of 9,5S1 .266.
Excess reserve Is reported on May
Ii, at $727, ,342,2 ,2S5 against an excess re-
ported March 4. at S734. liz. .66, and or
June 30. 1914, at $241. .5S2.S20. The apparent
Increase In the excess reserve May !
1916, as compared with June 80. 1914. Il
S4S5. 759, ,465.