Evening star., 1916-01-21
INVESTORS INTERESTED
in LOCAL SECURITIES
Buying for Their Account Inereas-
ing-Some Influences That Have
Inspired Confidence.
Values strong-Arthur Bradley
Campbell to Be First Vice Presi-
dent of Dupont National.
BY I. A. FLEMING.

Investment buying OF stocks and
bonds has become daily feature of
the local security market. 1t may be
that the report of the various corpo-
rations so far made and the announce
ment of the earnings of the Washing
ton Gas COMPANY, indicating that divi-
dends have been abundantly provided
for by the earning power of the various
companies, has brought new confidence
to investors.
Possibly the fact that the edge is off
Wall street speculation has turned the
attention of some traders to the local
market as an excellent place to obtain
good returns on investments.
Whatever the reason the buying
movement is increasing and with it
comes additional strength. Four issues
of bonds and six of stocks were rep
resented on the sales sheet of the ex-
change this afternoon.
American Graphophone 6s. which are
being marketed for the issuing cor
-PoEatieH by a local brokerage house,
featured in volume of trades. at one
price, 90. Capital Traction 5s were
firm at 1914. Washington Railway
and Electric As We're a little firmer at
81. Potomac Consolidated 5s steady and
Without Material change. at 99A.
;:In the stock list Railway and Electric
common was the active leader. The bid
price was IS. and after offerings were
absorbed it was still offered. The pre-
ferred xhares of the same corporation
brought S3A.
q. Washington Gas sold at 737s.
z The typesetters were more active.
.:Nergenthaler at 1702. to III and Lam
s1on at az. 1t is expected that
declaration of dividend may be ex-
y,r ylI txa-ir he at
thg in April.
4 sale of Washington Loan and Trust
stock was reported ac 230.
= Dupont National Bank.
1T is announced that Arthur Bradley
Campbell will be one of the director,
Of the Dupont National Bank and first
%ice president of the institution. Mr..
Campbell is the son of Mrs. Charlotte
Isabel Mcdonald, widow of James Nc
Donald former European representa-
tive of the Standard Oil Company.
~; Washington Southern Bank.
annual meeting of the share
holders;of the Washington and South
5ern Bank. called for today. adjourned
% later date without action.
Railroad Earnings.
I Gross earnings of the Southern Railway
Company for the second week in January
Were si.1so.714. an increase of 1922 ,040
az compared with the gross earnings for
the corresponding week last year. From
July to January IA gross earnings in
creased s1.75s.s3c.
The Baltimore and Ohio Railroad
Company reports net operating revenue
for December. 1915, of s2,626.426, an
Increase of sse4,s55 as compared with
the net operating revenue for Decem-
her, 1874. For six months ended with
December. 1915. the net operating rev.
eJue of the company was S1S.201, ,902,
an increase of s5,174.7T5 as compared
with the same period Of 1914.
=. Condition of the Treasury.
The condition of the United States
Treasury yesterday was:
=: Net balance in general fund, s102,25o,-
so7.
4: Total receipts, s1.99o,01s.
II Total payments. s1.364,15o.
THE deficit this fiscal year is s5s,ss3,94s,
against "a deficit of s69.113.074 last year.
exclusive of Panama canal and public
, debt transactions