Evening star., 1922-10-23
RAILWAY COMMON
. IN DEMAND At 55
Stock Exchange Plans Un-
listed List-Liberty Ma
tionaI Outing.
BY l. 4. FLEMING.

By I. 4. FLEMING.
On today's session of the local
stock exchange Railway common
eased off to So. where 200 shares were
sold nearly all in 10-share lots. The
manner in which the offerings were
absorbed indicated good buying at the
price.
Only a small lot of the preferred
changed hands and the price was II.
Capital Traction was rather slow,
80 shares selling in several lots on
declining scale from 102 to l0Oi..
1t is likely that the most recent
railways are having some effect on the
stocks. as they are not holding nearly
as we'll as they should.
Capital Traction 5s were firm at
eSA. while Potomac consolidated IS
erai 6S brought 100.
Washington Market Cold Storage IS
brought 81.
Trading in Unlisted Securities.
With November I, trading in un-
listed securities will start on the
Washington Stock Exchange. There
will be no quotation lots. each and
number of shares.
1t will mean an established market,
for all securities that any one de-
sired to trade in. in order to secure
competitive bidding and if possible
add to the volume of daily business.
making the exchange a more i'm
portant factor in the business life of
the city.
The governing committee of the eX-
change in adding unlisted securities
ho h.aS "a
examination as is given by the ex-
change to applicants for the regular
list. nor will the bid and asked prices
be made public. although any trans
actions will be recorded and made
public on the record books of the
exchange. and in the daily papers.
The following is a partial list of Sc
curities that may be traded in:
Chaplin Sacks common. Chaplin Sacks
preferred. Chaplin Sacks per cent
preferred. District Title Insurance.
Washington Title Insurance. Miller
Train Control. Munsey Trust Com
pany. Northwest Savings Bank. Ana
costa Bank. Potomac Savings Bank.
Exchange Bank. Northeast Savings
Bank. Park Savings Bank. Depart
mental Bank. Franklin National Bank.
Banking Trust and Mortgage Com
pany. Citizens Savings Bank. Mer-
chants Bank and Trust Company.
Washington Savings Bank America n
Commercial and Savings Bank. Stand
ard National Bank, Metropolitan Club
per cent bonds. Army and Navy Club
per cent bonds. Racquet Club : per
cent bonds and many others. possibly
including the Alexandria banks and
other suburban banks.
Liberty National Outing.
The Liberty National Bank gave a
most delightful days outing at Dun
bar Lodge. Nd. Saturday afternoon
and Sunday. leaving the city at
1880 pm. by automobiles and spend
ing the time between 1 pm. Satur-
eastern shore resort, which had been
reopened especially for the Liberty
party.
Each director of the bank was al
lowed TO invite one guest and the
bank itself added six mre names, so
that the party included sixteen di-
rectors of the bank and twenty-five
guests.
Col. Newmeyer. assisted the Dun
bars in looking after the comfort
of the guests and there was not a
plant from any one.
The menus for the three meals at
the resort won much satisfactory
comment.
Guests disported themselves as they
pleased during the outing. with but
one speech from start to return. that
being made by George o. Watson.
president. in suggesting that the
outing to Dunbar Lodge be made an
annual function of the Liberty Ma
tional and this was quickly adopted.
The following were the directors pres
ent: George o. Watson, E. ]. McQuade. :.
r: P. Littlepage, L. II. Neumeyer.
Thomas P Brown; G. A Camaher. S. T.
maker. Paul E. Johnson. ]. T Gull. jr:
John B. Clark, H. l.. Rust. jr:: Tracy l..
Jeffords. DR.. L. F. Davis and L. H.
Mitchell.
And these their guests: F. V. Kill
liam. w. w. Georges. Judge Van Vleet.
s. T. Taliaferro, Thomas P. Little
page, jr.: E. H. Neumeyer. jr.: Will
liam Neumeyer, DR.. c. N. Chapman.
]. A. Fleming. DR.. Charles Watson,
John F. Ligon. Col Reeder. L. H. SUIT
mum E. Hinton. A. NJ. Fisher. Harvey
Winfield. Thomas w. Brahany, Frank
p. Morse, E. c. Dutton and B. J.
Smith, jr.
Richmond Reserve Bank Directors.
Candidates for group 2, director OF
the Federal Reserve Bank of Rich
mond. are presenting their claims to
Washington voters.
Washington bankers have a vote in
this instance although they are ex-
pected to vote for candidates from
the southern section of the district.
just as they are supposed to vote for
The group B candidate from this sec
tion.
North Carolina members of the
Federal Reserve system have ad-
vShced the claims of Col John F. Bru-
ton. president of the First National
of Wilson. n. C.. to succeed himself.
The State Bankers Association is
composed almost entirely of state
bankers and. as group. they are
opposed to par collections and with
II to the Federal Reserve system.
They have nominated a banker. Mr..
Drake, but the national bankers do
not believe that an opponent of the
system should be chosen a director of
the Richmond Reserve Bank. More
over. they announced in convention
that they would not be bound by the
action taken at that time. Mr. Bruton
would not allow his name to be pre-
scented at the convention.
Ed. c. Graham Of this city is di-
rector of the Federal Reserve Bank
of Richmond. His term of Office also
expires December 81.
Victory Notes Called.
Victory notes bearing the prefix
a. to e. inclusive before the sc erial
numbers have been called for pay
ment with interest due to December
10. Interest stops on that date
Washington Stock Exchange