Evening star., 1925-10-22
Trading on Local Board.

Stock of the Capital Traction GO.
again proved the feature on the
Washington Stock Exchange this
morning, q total of l6S shares selling
upward to 1O4. This peak, however.
was not maintained as the closing
transaction of the session, involving
20 shares, was made at concession
of one-eighth point. II was held at
the close at 104A
Washington Gas Light stock was
quiet at II, but light selling Of Rail
way preferred brought about a nomt
nal advance to 50. while ianstoH
Monotype receded fractionaly to the
same level Second National Bank
kept UP the good record being estah-
lished by this class of security b.
registering an advance Of 14i.
points to new all-tlme hlEh at Ia
on sales Of l. shares.
Protest Before I. {. {.
Passenger station facilities in the
west end of Cleveland are now made
auate. Peter Witt, q councilman OF
that city declared today in a com
plaint filed with the Interstate Com
merce Commission. The Union
Terminal project is now under way
in the city, but the complaint asks
the commission to require the New
York Central and the Cleveland. TIN
cinnatl. Chicago and st. Louis rail
roads to establish within six months
a temporary passenger station in the
vicinity of Madison avenue and West
111th street.
Talk of Higher Il. & o. Dividend.
Current stock market activity IL
Baltimore and Ohio has revived talk
in the local financial district of pos
sible increase in dividend rate to or
possibly per cent. It's present rate
is ) per cent.
Whether the rate is advanced with
in the near future or not. some inter
ests purchasing the issue desire to dis
count such movement we'll ahead.
Freight Cars in Good Repair.
Class one railroads on October had
1876 .009 surplus freight cars in good re
pair and Immediately available for
service, the American Railway Asso-
citation announced today. This was a
decrease of 1888 cars under the num-
Der reported on September 80.
Surplus coal cars on the same date
totaled 5S.256. decrease of 3,1l4 with
in approximately Il week. while sur
plus box cars totaled 56.961 a de
crease of .242 during the same period.
Reports also showed l2.43l surplus
stock cars. a decrease OF 64I cars un-
ieI lllt htlliDel lei'ol ltb tli ''Elpitl =,
while surplus refrigerator ears totaled
1859. a decrease of 67
Cities Service Earnings Larger.
Gross earnings Of Cities Service 60.
for the > months ending with Sep
tenlber 80 were SlS.S45.2S3, as COM
pared with S17.176.054 in the CORE
spending period of the preceding year.
In the same l. months, net EARNINGS
amounted to S1S.O77. .9O2. as compared
with SIC. .25g. Net to stock and
reserves was SIS, ,94l ,406. which is sos
times the preferred stock dividends,
as compared with Sl4 .456, $50 for the
II months ending September 80. 1924.
which was 2.S5 times the preferred
stock dividends
Net to common stock and reserves
was S10.772 ,096. equivalent to S2SS
n share on the actual amount of SO
,par value common stock now out
standing, as compared with S9.3S0.140
for the IL months ended with Sep
temher 80. 1924,
The decline in percentage earnings
on the common stock outstanding Sep
tember 80, 1925. is the result of the
fact that during February S25.341.1S2
in common stock automatically be-
came outstanding, as the scrip divi-
dends which had therefore been Is
sued in lieu of stock dividends were
redeemed. The present regular divi-
dend being paid on the $50 par value
common stock of the company is l.,
of l per cent in cash per month, or
S1.20 per year. and l. of l per cent in
stock per month, or per cent in
stock per year.