Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-23
", B. A. DISCUSSES
W0RKAT TERMINAL
Financing Annapolis Short
/ Line Not Taken Up at
Meeting.

Contrary to expectations. at theil
meeting in Baltimore yesterday. the d.
rectors of the Washington. Baltimore
and Annapolis Railroad Company did no,
consider any financing to meet the con-
nection it is to make with the Annapolis
Short Line.
1t had been generally predicted that
this would be considered by the board
as its officials had admitted that money
would have to be raised to make the
physical connection joining these prop
critics so they could be operated under
the same management
$ After the meeting it was said this
matter did not come up. but that the
time was taken in discussing the char
acter of the improvements the company
will make at it's Lombard street termi-
nal in Baltimore. This was deemed OF
equal Importance and the views of the
board and the management were ex-
pressed as to the shape these improve
ments will assume and the raising of the
money to meet the expense. Nothing
was concluded at the meeting
y Division OF subscriptions.
Subscriptions amounting to s2O1. 061, =
800 have been received for the two is
sues Of Treasury certificates issued July
Is. and maturing January Is and March
Is. 1920 the first issue being s126, 7s3, 500
and the second $74.27S, 900.
The Richmond federal reserve district
IN which Washington is situated. has
been allotted 1850. 900 in certificates.
maturing in January. 1921. and 81. 49,. 900.
maturing in March, 1921 The certifi-
Gates bear interest of 51s per cent.
Treasury Buys Silver.
The Treasury Department has pur-
chased 5000 ounces of silver at 81 per
ounce, to be delivered at Philadelphia
1 Per Cent Drop in Wholesale.
A general decrease of approximate
~ j per cent in wholesale commodity
prices during the month of June was
reported yesterday by the Depart
ment of Labor. The largest decline
in prices was in food and clothing,
the report declared. Fuel and light
ing materials showed the largest in
crease in prices.
Advances to Allies.
The Treasury Department has is
sued revised statement showing the
credits which have been advanced to
the allies up to July 81 as totaling
s9.711.7Ss,634. These include: Great
Britain. s4.27T. 100000; France. ss.-
o47.s74.!7.; Italy: s1.sss,26o,17s: Bel
GUM. s350,42S.793; Russia. s1s7.72s.-
$50: CO e h O lovakia. So, 329.041:
Greece. S4S,236,629; Serbia S267S0-
465: Rumania. $25, 900 900; Cuba, So
100000; Liberia. s5,00O,000.
Mexico Lifts sugar Embargo.
Trade Commissioner c. H. Cunning
ham has cabled the Department of
Commerce from Mexico City stating
that the Mexican embargo on the ex-
portation of sugar has been removed
and the export duty has been increas-
ed, effective July 90, to 20 centavos
per kilo. or about y cents per pound
On July L, 1920. the export duty was
increased from to 10 centavos.
Dividend Declared.
bia Paper Manufacturing Company
have declared the usual quarterly div
idend of 2 per cent on the preferred
stock of the company, payable Sep
TENDER to subscribers of record Au-
gust &c.
Trading Fair.
Washington Railway and Electric
peferred stock and 4 per cent bonds
local Stock Exchange again today.
One hundred and twenty-one shares
of the company's preferred stock, in
lots of 100. 10, and 3, and shares
each were disposed of at prices rang
ing from 46A to 4S. Three of the
company's $1,000 As sold at SAY.
Ten shares of Union Savings
brought 40, and three shares of Co
lumbia Graphophone common sold at
2S1s. One $500 Capital Traction 5 per
cent bond was sold at S4A and Z
shares of the company's stock brought
S4k, while three $1,000 Potomac Elec-
trio Consolidated So changed hands
at s211s.