Evening star. [volume] (Washington, D.C.) 1854-1972, 1917-06-26
LOCAL SECURITIES IN
i, FAIRLY GOOD DEMAND
BY I. A. FLEMING.

BY I. A. FLEMING.
In either stocks or bonds on todays
session Of the Washington Stock Ex-
change, the total transactions were
moderately large and we'll distributes
Quiry. that was persistently seeking tor
slight concessions In values.
Capital Traction was steady AT sh
Railway common remained at 20; Wash,
inRton Gas sold rather freely At dzH
with two transactions at TAN.
Railway preferred was stronger, BOIL
Ing to 1885, as compared with 7sA, the
last previous transaction.
American Graphophone IS. in $500 lots.
brought zoos, and Potomac CONSOLE
dated SIS, SSk.
Dividend Declared.
The directors Of the Bank OF Com
merce and Savings have declared divi-
dend Of per cent. the regular semi an
nualt distribution, payable July /, to
stockholders of record June Il. BOOKS
do not close.
Security Committee Busy.
The security committee of the Wash
ington Clearing House Association, APP
collateral intended as security for lib
erty loan money which the government
will permit to remain in banks until
such time as it is needed. has been
very busy long after banking hours
each day.
National banks. trust companies ana
savings banks expect to be able to
retain much of the subscriptions re-
ceived by them until needed by the
The security committee is composed
of George W. White. Harry II. Mckee
and w. T. Galliher. presidents OF three
prominent national banks.
May Declare Red Cross Dividends.
Some of the bank ohicials of Wash
declaring extra dividends at this time.
with a request to the shareholders
that the money be turned over TO the
Red Cross. as one of the distinct aids
to the war service.
No corporations in Washington have
as yet made any distribution with this
end in view. but it would not be sur
prising II a declaration by the board OF
q national bank would fnaugurate what
might be a popular movement.
Forty-three extra dividends were de-
clared by corporations last week, with
tho request to stockholders that the
money go to the Red Cross Banks and
trust companies in New York city and
elsewhere to the number of seventeen
declared Red Cross dividends. the dis
tribution ranging from SO cents to "
share. 1 to per cent being the most
general.
The largest payment was 1 per cent
by the Bethlehem Steel Company. on its
common stock.
Further Bank Comparisons.
Liberty loan subscriptions taken by
savings banks caused irregular changes
in the total deposits of the various in
situations just as it did with the ma
tional banks. although most of the
smaller banks report slight increases,
with few important gains, in the COM
parison between the deposit figures of
May / and June 20, the dates Of the two
latest calls by the controller of the cur
rency.
The Anacostia Savings reported a
gain Of 37,07s, the Security Savings and
Commercial gained $38,s34: the Union,
s13.ss0. the United States. $13.6os: the
Potomac, $6,916; the Merchants Bank
made a gain of $47.237. the largest Of
any in the group. The Northeastern
Savings shows an increase in deposits
Of $15,514. marking the progress of the
youngest savings bank in the District
The Seventh Street Savings gained
The Northwest Savings Bank lost
sass and the East Washington Saw
ings. <15.0ss.
The Washington loan and Trust Com
pany showed a smaller loss than most Of
the institutions Of its class, $23.376.
The Franklin National Bank gained
$126.757. the Lincoln $224,947. the Capital
National $77.400 and the Columbia Ma
fional $35.155.
Condition of the Treasury.
Condition of the United States Treas
ury at close yesterday showed:
Net balance in general fund. $780,
ooS.5S8.
Total receipts. s3.3ss.s24
Total payments. S7.201.571.
The surplus this fiscal year il $780,
1924. against a deficit Of $22.1ss,s3s
last year, exclusive of Panama canal