The Washington times., 1916-02-09
BONDS LEAD ACTIVITY
= ON LOCAL EXCHANGE

Bonds. as has been the case for sew
erai days, again led the activity that
developed on the Washington stock
Exchange today. Washington Railway
and Electric common stock, and both
the common and preferred stocks OF
the American Graphophone COMPANY,
the latter as result Of an anticipated
favorable financial statement In re"
days, made substantial advances.
A total Of SD,aO0 worth OF American
Graphophone first per cent bonds
were traded In at 30, the price that
has prevailed practically since the Issue
IS were in good demand at @A
block OF $4,000 worth bringing that
figure. The only other bond sale was
n $500 Washington Railway ana Eiec-
trio 4 at q.
Afte, Washington RAILWAY and Elec-
trlc common stock had been bid up y
OF a point to S7A. a total OF forty sharee
OF the stock sold at IS. or - point
above the previous sale price. other
and Washington Stea nboat stock at lsS
to 1856: ten shares OF Washington Gas
al 70, and twenty-five shares or wash
inCton Railway and Electric preferred
at 81.
Er"Ales have been sent to stock =
holders of the Al Iington Fire 1nsur-
ance Company with requests that the
sharehoIders at the annual meeting
On February "a vote Tor the ratitica-
tion of the sale Of the company
properly at 1915 Penns. lvaria avenue
northwest in accordance with an offer
which the directors nave received.
At the sixty first annual meeting o.
he Mutual Fire insurance Company,
held yesterday at the coinpany's OF
li"es at Thirteenth street and New
York avenue northwest. the board OF
al2
posed OF George T. bearing. William
\. n. Church, T.. Harrison Johnson,
j.. +. Saul. Frank II. Burns. James r
l'oity. and a. kattelmann.
The board organized and selected as
Ulcers George z. Dear.ne. president;
j.. Pierce bOteler. secretary; w. y. II.
Chirch. treasurer: Franklin Barrett
assessor and William Reed Macgill
and Ii 4. simpson. assistant secru-
taiies.
Luther f.. Schreiner. for more than a
year assistant manager OF the Fifteenth
and II street branch of The Tunsey
Trust Company, has been elected cash.
Ter of the Union Savings Bank.
he directors OF the Union Saving,
met yesterday afternoon and elected Mr.
Schreiner TO fll the vacancy created by
| the resignation or {. l.. Bowman sew
eral weeks ago. Mr.. schTeiner is thirty.
three years old. and during his bank
ing career has been connected with the
Nat onal Metropolitan Bank. the HON,
Savings Bank, the United states Trus
Company. and the Munsey Trust Com
pany.
DurinS the six months ended with
December the Southern Railway Com.
pany expended for improvements tc
roadway and structures $3,<31 40. 20. a,
compared with f4.43s, ,2ss17 for the sam.
per r.od in 1914. and 81 .4s2, ,6S3.23 during tn,
sa me period in 1919
For every dollar which the South pa ID
TO the Southern railway for TRANSPORTS
ton during December. the compan,
paid to individuals and industries 10.
Gated In the South for labor, material
supplies. and other purposes H17, as q
result OF the heavy expenditures made
by the company for construction pur,
poses.
According TO figures just issued by A
II. Plant, comptroller OF the compa ny
disbursements during December for Ia
nor. material. supplies. and other pur.
poses were 35.ssl.5ls. Of which s.. .os2 S.
was paid to individuals located in IN.
South. This total the comptroller saws
was 43t0s in excess Of all the money.
paid by the South to the company fol
transportation.