Evening star., 1915-05-20
FAIRLY ACTIVE TRADING
IN LOCAL SECURITIES
CAPITAL Traction Shares Easier Under
Selling, But Closed Firm
at SO.
Railway and Electric Stock Steady
and ouiet-Bonds In Demand.
Wall Street Notes.
BY I. A. FLEMING.

While not as active as yesterday.
there was considerable business trans
acted on the local security market this
afternoon. This. too. in spite of the
absence from the exchange Of one OF
the leading brokers. always prominent
on the buying side.
Values were slightly easier as to
Capital Traction stock. although the
business was largely on the odd-lot
order. The advance in price has caused
selling by holders getting out for one
reason and another. but the stock has
been well taken. Sales today were at
81 to sSA for small lots, with quota
tion lots. after call, at ss to ssh.
Washington Railway and Electric
shares were quiet. for reason above
noted. a few shares of the preferred
selling at SAY. while the price on the
common stock was nominally un-
changed.
Bonds attracted considerable atten-
tion, with Washington Gas 5s strong
at los. Railway As higher at s2A
Chesapeake and Potomac Telephone 5s
easier at l03a.. while Riggs Realty 5s,
short term maturity. sold at lOoA.
Treasury Condition.
The condition of the United States
Treasury at the close of business We'd
nesday was: "..
Net balance in general fund. s14.0o5.-
sos
Total receipts, s1.56s,s96.
Total payments. Sl.9s3.412.
The deficit this year is s106.931, ,O0I.
against a deficit of s40,927.4sS last
year. exclusive of Panama canal ana
public debt transactions.
Financial Notes.
Boston is doing a large business in
copper stocks and securities.
Directors of the Chesapeake and Ohio
meet to consider the dividend question
today. The action of the stock. two
points off, would seem to suggest doubt
as to the declaration.
Bethlehem Steel common was up sew
eral points this morning on more war
orders.
Missouri Pacific's fate is likely to be
settled today. The Gould estate is the
holder of s6,o00.00O of the S25.000.000
notes maturing June l. and some ques-
tion is felt as TO whether or not they
can be extended.
The Wall Street Journal calls atten-
tion to the fact that calls by the
controller of the currency made for
Saturdays "belittles New York" Stock
and bond transactions of the last day
in the week are not cleared until Mon
day, and the figures at the close of
business Saturdays do not include the
usual clearance loans. Total resources.
by reason of this. are made to appear
smaller.
The Chicago Northwestern Railway
Company has ordered 1000 steel cars
Chesapeake and Ohio earnings for
March showed loss of $53.466 in OPP
Grating revenue. For nine months end
ed with March operating revenue in
creased $101.247. as compared with the
same months of the previous fiscal
year. Maintenance expenses were all
well above last years.
Pennsylvania's car order was divided
as follows: Pressed Steel Car Com
pany. $500 cars; American Car Foun-
dry, 3.343 cars; Standard Steel Car
Company. 3.a00 cars; Haskell & Par
ker. $500 cars. and Ralston Steel Com
pany. 1000 cars. In all the order
amounts 10 s1s.ooo.ooe.
Railroads in the United States in 1914
carried SOC, ,000, 900 pounds of dangerous
explosives, with no loss of life; five
persons injured and s14.106 tot1i dam
ages-all due to concealed explosives
in the baggage Of passengers.
Steel magnates express confidence as
perity must come from home orders and
not from war commissions.
Wisconsin Bankers Protest.
Representatives Of national banks in
eastern Wisconsin today urged the fed
eral reserve board to transfer them
from the Minneapolis to the Chicago
federal reserve district. The Wiscon-
sin banks contend that the customary
course of their business is toward Chi
cago and not Minneapolis.