The Washington herald., 1921-03-11
TRADING SPURTS
ON LOCAL BOARD;
GAINS ARE MADE
Gas 7hs6 Notes Reach
1o2N-Railway
= Gems. sOA.
OTHER LOCAL NEWS
Liberty Natl One Year Old;
Drury Convalescing; Market
Opinion; Assn Dinner.
OTHER LOCAL NEWS

The zenith Of trading for the
present month was reached on the
Washington Stock Exchange yes
ierdsy morning. Prices as . rule
continued to hold firm while in
some cases advances were noted.
Owing to the high yield derived
from the securities in question, II
= generally assumed the trading
wss for purely fnvestmept pur-
oosea
washington Railway & Electric
-<encral IS proved themselves lead
.ers Of the bond trading. this se-
--cursty selling to the extent OF $ss-
COO. face value, at 90. and advane-
ing to s0k on two sales OF $1,0oo
zach. made after call.
y Washington Gas IN per cent
notes figured In three sales Of $500
cat 1904. the ruling price since
shis issue was first offered, and then
climbed to 102k on the two fol-
lowing sales of 500 denomination.
Potomac Electric consolidated 5 per
cent bonds and Potomac Electric
Power general mortgage IS both
found their way into the sales
: column to the extent Of one bond
Of 81 900 denomination each, quota
stlons being So and 80 respectively.
washington Gas stock enjoyed
-'xome of the liveliest trading of the
--vear when III shares were disposed
I of at the popular price OF ~.
Ehares Of the Security Savings &
Commercial Bank. aggregating 10.
sold at 200.
! Capital Traction stock opened at
s5. declined to s4h and then RI
J covered half the loss on the clos-
Ing sale at S4&. Fifty-ive shares
! changed hands. Railway preferred
stock sold to the extent Of six
shares at ssh.
L Liberty National One Year Old.
Today marks the first anniver-
sary Of the Liberty National Bank
as a national institution. II having
I been converted into a national bank
: from the Liberty Savings Bank, or
ganized in October, 1917.
The Liberty National Bank moved
: into its present home. Fifteenth and
q Eye streets northwest, one year
4 kgo. and boasts of a gain IN de-
posits during the year of 100000.
4 Incidentally, this locality has also
3 shown remarkable growth as a bus
q iness section since the new building
: was completed.
8 The officers of the institution are:
4 George o. Watson, president; DR.
4 William L Robins, vice president;
3 Grant w. Taylor. vice president:
Z Edward ]. McQuade. cashier; James
4 B. Skinner. assistant cashier. and
4 N. +. calnan. assistant cashier.
= Drury Canvale.cing.
: Peter A. Drury. president of the
MerchantY Bank, who has been i'll
: FOR the past several days. had recov-
= cred sufficiently to make a short
Z visit to his bank yesterday.
4 Kardox and Burke's Opinion.
Commenting on the somewhat err
ratio market of the past several
: weeks. Kardos and Burke. in their
weekly review just released. says:
y rAlthough the market failed to dis
: play enthusiasm following the in
Y auguration' last week, business.
Z banks and investors view the situa-
tion in a conservative and construc-
! tive manner. The full effect of the
: new change should become pro-
= bounced within a very short time.
1t usually takes little time for the
: skeptical to become convinced. but
we again wish to place ourselves on
= record. that the tide has. to all ap-
pearances turned. and we are now
+. On the road to the new prosperity
era"
ID. C.. Bankers Dinner.
) Announcement has been made
that the dinner committee of the
District Bankers Association will
Z meet Monday afternoon. next, at 4
I o'clock in the Offices of Col Robert
4 " Harper at the District National
Bank.