The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1917-01-08
LIGHT DEMAND FOR EITHER
STOCKS OR BONDS.
Forty Shares of Railway Com
mon Sold at 77-Forty
Shares of Georgetown Gas
Bring 75-SaIes First in
These Stocks for Some Time.
Railway as Lead Bond List.
Banks to Elect Tomorrow.

Little of interest developed at to-
days session of the Washington
Stock Exchange. there being but light
demand for either stocks or bonds,
and but few price changes.
Forty shares OF Railway common,
the first quotation lot of the stock
traded in for some time, sold at a.
The last previous sale of the stock
was al. 10. After the forty shares
had been sold, "a was still bid for
the stock, with 70 the Offering.
Another stock which was traded in
today forthe first time in a consid-
cradle period was Georgetown Gas,
a block of forty shares selling at
as. The stock last sold at 80.
Two shares OF German American
Insurance stock sold for 2S5 and two
Washington Gas shares brought a.
Washington Gas closed with T0h bid
for quotation lots and 71h asked.
Capital Traction stock was firm, with
S3lS bid, S4Is asked. The bid FOR
Mergenthaler Linotype stock was ad-
vanced to 1861, with the offering
16S.
Railway Is led the bond list. with sales
of 5000 worth at 50, and one $500 bond
at s2lk. Traction IS also were traded
In to the extent Of 5000 worth at p7.
their normal level. A sale Of $500 Riggs
Realty long IS at 101 completed bond
sales.
H. Parker Willis, secretary OF the Fed
eral Reserve Board, is to address WASH
ington Chapter Of the American Insti-
tute of Banking tonight in the chapter
rooms. 1214 F street His theme will be
"Fereign Exchange"
All the national banks of Washington
will hold their annual stockholders
meetings for election Of directors to-
morrow.
Gross orders received by the General
Electric Company for the twelve
months ended December 81, reached
the record breaking total of $166.2oO.-
900. an increase OF S6S.Ooo.oo0 over
1915. Net profits for the year were
computed on the basis of outgoing
shipments. These, naturally, were far
less than the flood of incoming busi-
ness for the reason that plant capac-
ity Is not developed to the point
where production can sustain a gross
delivery OF over 1920, 000,0 900.
Although the Missouri Pacific rail-
road spent 35.4S per cent OF Its gross
income for maintenance of the prop
erty during the five months ended No
vember 80. the net available for fixed
charges was ss.o05. 900. or $2.2s5.ooo
in excess of all deductions, including
allowance for interest on defaulted
bonds. Westinghouse Electric Com
pany booked orders aggregating $12.-
000, 900 during December. All the
goods ordered are said to be strictly
in normal lines Of the company's
business, and include none of the or
ders flled with subsidiary companies.
like this has been approach
ed before by Westinghouse.
Shattuck Arizona Copper Company's
production for the year 1915 was 49,
600, 900 pounds. The annual report
which Is to be issued shortly will re-
view one OF the most prosperous years
in the history OF the company. After
payment of dividends aggregating
AN per cent. or S1.6s2,60o. net earn
Ings should be about 1000, 900 for the
year. or at the rate Of approximately
$3.50 q share.