Evening star., 1922-11-22
RAILWAY BOARD.
WILL MEET TODAY
Dividend on Common Stock
May Be Considered-Plan
Big Dinner.
Bi !. 4. FLEMING.

v
Washington Railway and Electric
Company. will he held this afternoon
lust how important the meeting VIII
h" remains to ne seen. but there are
rum"rS on the street that the matter
cf uaIiug IL dividend on the common
stock may he brought up for COM
Sideration. with just the possibility
that ii VIII be ordered paid today.
IL is nearly three years since the
common stock has received a d!&tri-
hut ion and the more prosperous con-
dit'or of the company has LED many
(" believe that some ret"rn should De
paid on the investment at leas:
Then again there are those who con-
slider that :, group of outside invest
orS would never have part-d WITH
$1,000. 900 and over for Il large block
If common stock if there was not "A
good chance of an early resumption
of dividends. regardless of Supreme
Court. decision which may not be
handed down for months to come.
Eugene T.. Thompson. representa-
'iv" of the syndicate that recently
purchased d big block of common
stock. will probably so on the d.
rcctory of the company this after
noon
Resignation of Bates Warren. who
represented the Continental Trust
company. owners of considerable
block of utilities notes. on the di-
rcctory. will probably he accepted.
1t is understood there will be no
ether changes in the directory until
lie January meeting. and then but
few.
Gas Company Doing Well.
The Washington Gas Company is
doing :, splendid business. which is
not fully reflected in the monthly
,"portS to tn, Public Utility Commits
sion.
During the great coal strike the
Expense of Keeping the home flies
burning brightly was enormous. but
not to be considered. service alone
being given any attention. Inere
was no complaint. which shows now
VIII the work was actomnllSheC.
\ saving of nearly S2ao.oo0 has
been accomplished in various ways
curing the year that will go far to
Offset the loss in gross earnings.
while the best months of the year
are just ahead g The company mas
10000 customers.
Plan - Union Dinner.
The Washing gton Stock Exchange
and the District Bankers Association
nave under couSidera ton a dinner
to he given under the auspices OF
both organizations.
\ meeting of the committees having
the matter in charge was held last
evening and arrangements for speak
erS. etc, discussed.
The committees agreed. tentatively.
upon January 20 as the date for the
dinner.
In the Busy Days.
Tn the busy days before the war
and throughout its continuation,
Great Britain expended in the United
States S7.2a0.0 .0O0. 600. This was just
$50; 900 600 more than the United
states advanced to Great Britain as
tn ally during the war. The billions
were PAID for horses. mules, muni-
Tons. cotton. cereals. tobacco and
"th.r American prpduce.e
with tn" purchases OF other
allies. this created the wonderful
period Of initiation.
Local Securities.
This was bond day in the local
security market Not a single share
az stock changed hands. neither in
in,uStrials ar utilities. but the quo
t4tions did not tell of pressure of
stock to sale.
=, total of S26.10o. par value. of
Traction is leading in activity. $4,000
selling. opening at 81 y. they sold off
20 a-as rose to 97a.. off 20 81 /. again
and recovered to 97a. at the close.
Railway As sold freely at 1914 to 73.
Potomac Electric 6s brought 100 and
'iaS -. per cent notes 1O5.
Alfred ii. Marsh Dead.
Alfred H. Marsh. assistant manager
of the National City Company. an ex-
pert bond salesman. income tax au-
thority and good business man. died
this morning after few days illness.
Nj. Marsh was highly respected in
f,,- .ilI los