Evening star. [volume] (Washington, D.C.) 1854-1972, 1917-05-17
lANSTON SHAKES FIRM
ON hooking WAR ORDERS
By I. A. FLEMING.


The recent show of strength in Lam
to the fact that the corporation has re-
Gently received a large contract from
the government for war material.
During the earlier days OF the war
it was known that the company was
favored with numerous orders from
Great Britain for rife breech blocks.
and that the factory in England was
busy on similar work. Having tne
necessary machinery, the company was
the American government
Recent buying has been accredited TO
interests outside of Washington, VINO
have full knowledge of conditions;
A short time ago the stock was peg
ging under 20; yesterday 1t SOLO lor 3D.
Interesting Report.
In local banking circles there was a
report current today to the effect that
Frank A. Vanderbilt. president OF the
National City Bank of New 1ork, mao
summarized at some length the pusl-
ness situation, the outlook for the III.
ture. making comment on the ability OF
the nation to absorb the liberty bona
loan and subsequent issues-in word,
an analysis of the situation from the
viewpoint of an expert.
The assertion is made that TINS state
ment has been prepared for the gov
eminent and will be given out by the
government for publication IN the
morning papers tomorrow
According to report, the showing Will
be decidedly encoura ging.
The story was favorable factor on
Wall street this morning, encouraging
traders.
Bond Dealers Push Liberty Bonds.
Bond dealers all over the country are
devoting their attention very largely
alr he sal liberty
bond issue.
Many of them have practically given
up all attention to personal interests
and. following the example of Hayden,
Stone & Co. of Boston, have given or
ders to their bond statesmen to devote
their entire attention to selling 31s per
cent liberty bonds
The Pullman Company of Chicago
announces permanent investment
The Wall Street Journal this morn
ing announces that wall street has
taken its coat off and is going to make
the loan a success"
Crucible Steel Dividend.
The Crucible Steel Company has sub
scribed for 81. 600. 900 bonds.
The Crucible Steel Company has de-
clared the regular quarterly dividend
of 1aI per cent on the preferred stock
and also an additional dividend of per
cent against deferred payments and an
extra dividend of per cent on the pre-
ferred shares.
Local Securities.
Business on the Washington Stock
Exchange today was extremely restrict
ed, slight improvement being noted
in the volume of bond transactions,
without improvement in values on any
thing. other than a slight rally in Po-
tomac Consolidated 5s. which sold at
80. Capital Traction IS brought 1924,
small Graphophone 100 and $4,000
Washington Railway and Electric first
Is 1874.
Transactions in stocks were limited
to ten shares of Railway common, the
first sales in weeks, in two lots at ~
and II. the sales being too insignificant
to reflect the market.
Georgetown Gas Stock.
Checks for the minority holdings of
Georgetown Gas stock were received in
the first mail this morning. A trustee
has been appointed by court to transfer
title to the $3.50 shares of George
town Gas stock in the treasury Of the
Washington Gas Light Company to the
latter corporation, on proof that the
minority shares have been purchased,
The suit to void the Washington Gas
Light Company charter has been dis
missed.
Condition of the Treasury.
Condition of the United States
Treasury at the close yesterday showed:
Net balance in general fund, 1884,
166.615.
Total receipts. $4.573,717.
Total payments. $5,297,992.
The deficit this fiscal year is $11s.-
es0,026, against deficit of SIS. 2S3,71s
last year, exclusive of Panama canal
and public debt transactions.