Evening star. [volume] (Washington, D.C.) 1854-1972, 1917-12-26
HI4IaOCKsDULL;;
One DIVIDEND INCREASE
BIZ I. A. FLEM1Na.


Business on the Washington Stock
Excaaaxe was again extremely limited
todgy. the attendance of brokers being
uAall. with, no especial interest in any
thing.
9Ales Included . few shares Of Capital
Tnetton at 7s11 and small bond OF
the Warrington Railway, and Electric Is
at72x.,
The making Of quotations indicated
thslack Of buyers on many stocks and
bouds. with selling prices practically
urch2nged.
Dividend announcements were made
The Federal National, regular semi
annual distribution Of per cent pay
Aebie January !: to shareholders OF REQ
Tho Merchants' Transfer and Storage
Company. a ssmi-annual payment OF
nsf cent. this being an increase OF l per
cant from previous distribution. and. II
continued. will put the stock of the
Company on an per cent basis.
Baltimore and Ohio Earnings.
Operating revenue of the Baltimore
and Ohio system for the month of No
vsrnber Increased $1.01S,054. while net
operating revenue showed decre Ms
OF I'll ,Oz9,137. as compared Win NO
MEMBER, 1915. For eleven months OPP
Grating revenue increased S11 ,462.13o.
while the net operating revenue Tor
the same period. eleven months to No
vember so. showed loss OF s2,2o9,sol,
as, compared with the net for the same
period Of the: previous fiscal year.
-. At the Banks.
It was a case of lull after the
storm at the various banks this morn
ing. None of the pre-CAristmas rush
~as evident. thus giving the exhausted
In anticipation of the big activities OF
tho first of the year and in closing the
business of the year 1917.
During. the next few days coupons
by the thousands will be payable. and
ths-cutting Of coupons. signing of no
axemption claimed slips and an oc-
casional -claim exemption" will begin
and Continue until well into the new
Eyens the Federal Reserve Bank at
Richmond made a holiday of yester-
day and failed to send single instruc-
ton to its member banks.
Personal Mention.
.1u9ens E. Allies and family spent
Christmas with the Governor Of West
Virginia at charlestown. W. Va, yes
IF w. Stone of the National Savings
maa- holidays with F. W. Stone, jr., and
D. r. Schneider. assistant cashier
81 the District National. is back from a
trip to New York, where he called upon
q number Of correspondents of the Dis
trict National. and was duly impressed
with the magnitude Of the business of
New York city banks and the manner
IN sWhtchstt was transacted.
4 Special Privilege.
ne. courts of New York state hold
thEt trust company privileges, acting as
trneeoe, guardian. registrar, etc. cannot
bowixAp by: the. federal reserve board
Is ANY national bank, but Is the exclu-
sfNtffkht and privileges OF the trust
obDpanbascof the state.
- Qsy Low for Ny. Central
gSSIss cemmon came back point in
tts secoHd hour of the afternoon. Mer-
cantile preferred gained 4 from the
L1qR .poipt, and Bethlehem B shares
ware alS0 g better. The equipments
yoa6e little or no recovery, and the
on we're ut the low. about Y Of point
uie1er the low of the earlier hours.
N theSratlB Reading recovered &,
UAfoA Pacific . small fraction. while
NEW York Central made a new low at
DelaSEuwand Hudson declared az
quarterly instead Of the regular an
unef per cent dividend.
re