Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-10-13
LARGER BUYNGPOWER
IN THE LOCAL MARKET
Bonds and Stocks Of the Public Util-
tiles Taken by Investors
Quite Freely.
Slightly Better Prices Also Prevail.
Bankers Association to Meet.
Lanston September Earnings.
BY I. A. FLEMING.


business on the Washington Stock Ex-
change today. numerous investment or
ders being executed in the public util-
. 1ty securities and in a number of other
stocks, some of which had not showed
. on the sales list so far this year. More
over, there was an excellent demand
. for bonds and the transa ctions were
fairly numerous.
Both stocks and bonds showed de-
cidedly f1rmer tone and slight advances
were made. Indications were that
: Washington investors were overcoming
their timidity and indisposition to trade
in utility shares and were being tempt
ed by the excellent returns of them to
employ their funds in this market.
The movement may subside in a day
OF two if one may judge from the ac-
ton of the market for some weeks
past. and then again it may be the real
turning point for better times in local
securities. Capital Traction stock sold
in quotation lots at S7a4. while odd lots
brought IS. Railway common improved
to S412, while the preferred advanced
half point to 81.
Washington Gas was rather easier
, for quotation lots. 20 being the price
D and 12& for odd shares.
FIFTY shares of Washington Market
sold at 171a. the first sale of the year
in this stock. Graphophone preferred
brought par.
Capital Traction SIS sold at 1867.
Railway As at 50, and Washington Gas
IS at 106a1061s.
Dividends Are Announced.
The District of Columbia, Paper Manu-
featuring Company will pay a IL per
cent quarterly dividend October Is.
The Washington Gas Company will
pay it's regular quarterly dividend of
s1.2O per share November l to stock
holders of record October Is.
Bankers to. Meet.
The District Bankers Association
will hold it's annual meeting Monday
night at the rooms of the Washington
Chapter of the American Institute of
Banking. 1914 F street northwest.
officers will be elected for the year
and reports will be read showing the
work of the organization during the
past year According to custom VIII
liam T. Galliher, now first vice presi-
dent will become president. succeed
ing George E. Fleming. the incumbent
of the Office. John Poole. the second
vice president, will become first vice
president and Edmund S. Wolfe prob
ably will be reelected secretary.
Sales of Lanston.
II is understood that the sales of
Lanstor Monotype Company for the
month of September of this year to-
tailed about 100000. practically the
same as the sales for the same month
last year.
1t is questionable whether any of the
war orders received by the corporation
had been executed in time to show In
the September records.
To Address Bankers.
Secretary Wilson of the Department
of Labor left Washington this after
noon for Joliet. ILL.,, where. tomorrow,
he will address the Illinois Bankers
Association. which is in annual con-
yention there The Secretary is sched-
uled to return to the city Friday morn
ing.
Condition Of Treasury.
The condition of the United States Treas
ury at the close of business yesterday
was:
Net balance in general fund. $11S,73s,-
9Is
Total receipts. s2,46S,533.
Total payments. $3,136,99I.
The deficit this fiscal year is $41.265,-
90s, against a deficit of $25,6S4.913 last
year, exclusive of Panama canal and pub
lie debt transactions.