Evening star., 1925-07-23
INTEREST CENTERS
IN LINOTYPE STOCK
MergenthaIer Again Active on
Local Exchange-Other
Financial Notes.

Trading on the Washington Stock
Exchange was fair in volume today.
with interest continuing in Mergen-
thaler Linotype, which took a sudden
rise yesterday following declaration
of an extra dividend
Although there was lively bidding
in Mergenthaler and the board stood
at 183 bid and 1873 asked, no shares
changed hands until after call, when
20 went at 185 and 10 at 1861. The
| top sale yesterday was 1856
Railway Common Active.
Washington Railway common start
ing off strong with the exchange Of
10 shares at 110, weakened, with 90
going at 1092, and 20 more selling
! later at 107 Fifteen shares of pre-
| ferred sold after call at S37s Ma
uonal Mortgage and Investment pre-
ferred moved at 9h
Ihe only activity among bonds was
| transfer of Washington Gas 6s-33 in
| the sum of $1,000 at 1031s
Grain Export Values Up.
Grain and grain products to the
value of $535 900 were exported
from the United States during the
fiscal year ending with June
The figures, announced today by the
Commerce Department, registered
gain of $289, ,000,0 900 over the value of
| exports of similar products during the
fiscal year of 1924, and resulted from
higher prices which have prevailed
| during recent months for cereal
products.
Much More Wheat Shipped
Much of the increase was accounted
for by the expectation of 195, ,490 900
bushels of wheat, against 1873 900
hr1G ho1 rT,l.,
increase in values was relatively much
higher, for the department estimated
that 1925 wheat exports were worth
1906 sos 600, while those of 1924 were
worth 87,713, 900
Flour exports for the fiscal year
1925 were 13,S96,000 barrels, worth
S97,766,000. In 1924 they were 1888
900 barrels and s88,2O2, 900.
Visits Washington Office.
J. G. Russell of the New York office
of Dean, Onativia & Co. is in Wash
ington at the local branch of the com
| pany for a few days. Bernard Smyth.
the new local manager. and Mr.. Rus
| sell announce they are expecting daily
further announcement from the New
York office as TO future policies.
Meantime. awaiting action of the New
York Stock Exchange committee on
the application of the company for
reinstatement on the exchange, trading
is being done by the company through
other brokers for accommodation of
customers.
Will Offer Banking Course.
Practical Banking" will be the sub
ject of course of lectures to be given
by Frederick p. H. Siddons, assistant
secretary of the American Security
and Trust Co., during the next school
1Iao
istration of National University here.s
Mr.. Siddons plans to present to stu
dents course which will be what its
name indicates, and will be intended
| to put more emphasis on the practical
side of the profession than the theo-
retical.
The action of the university in in
stalling such a course is in line with
the trend among many educational
institutions today Of increasing that
proportion of the curriculum devoted
to giving the young American sub
stantial information on the facts of
modern business and finance.
Coal Output Heavy.
An estimate of the total output of
bituminOus coal throughout the United
States for last week, prepared by the
Bureau of Coal Economics of the
National Coal Association. shows that
| unless considerable revision of the
| preliminary data now at hand is nee
essary last week registered the
! largest tonnage of bituminous coal
| mined since the first part of the pres
ent coal year. The output was s.
| soc, 900 net tons. The United States
Geological Survey figures for the two
weeks Immediately preceding show
1851. 600 and 7,352,000 net tons, re-
/ spectively.
Personal Mention.
J. NJ. Riordan, cashier of the Bank
| of Commerce and Savings, will leave
Washington Saturday for a two-week
vacation at Duluth and Buffalo.