Evening star., 1925-07-14
TRADING IS LIVELY
ON LOCAL BOARD
Bonds Show More Strength
Than Stocks-0ther
Financial Notes.

Trading was active on the Washing
exchange today, with bonds showing
more strength than stocks, Capital
Traction 5s providing the feature OF
the morning. with $4,000 moving at
98%. Eighteen shares of Capital
Traction went at par.
Railway preferred sold in four lots
totaling 135 shares at "a, while Wash
ington Gas moved 100 at 62, 10 at
81 B and 10 at 61A.
National Mortgage and Investment
preferred moved at rising market,
the first 80 shares going at 91a and
the next 90 at 99s.
Insurance Company Elects.
Albert F. Fox was reelected presi-
oent of the National Union Fire In
surance Co. of Washington yesterday
Other officers also renamed were: B.
F. Saul. vice president; Wiiliam T,
Galllher, vice president; Philip F.
Larner, secretary; William H. Somer-
veil, assistant secretary.
The stockholders in their annual
meeting previously had elected the fol
lowing directors: Floyd z. Davis, Al
bert f. Fox, w. T. GaIliher, HoI-
combe G.. Johnson, ]. Leo Kolb, John
b. Larner, Philip F. Larner, Walter
5. Pratt, jr.; B. F. Saul and John C.
Weldon.
Traffic Records Smashed.
Revenue freight loading on railroads
OF the United States in the first six
months Of 1925 were greater than for
any corresponding period in the his
tory of the roads.
Total loadings from January TO
July were placed by the American
Railway Association today at 25,162,-
080 cars. This total exceeded by
3O6,496 cars, or IL per cent, the pre-
vious high mark, made in 1928, and
also exceeded by 1,219,024, or ST. per
cent, the total for the same period in
1924
Loadings for the week ended July
4 aggregated 864, ,452 cars, an increase
Of 106,548 above the same week last
year, and an increase of 1870 cars
above the same week in 1923. me
total, however, was a reduction o.
1883 cars under the preceding week
ending June 81, the decrease being
attributed TO the July holiday.
Compared with the preceding week,
this year, decreases in the total load
ings of all commodities were reported
in all districts during the holiday
week. All districts reported in
creaseS over the corresponding period
last year, while all reported increases
over the same week two years ago
except the Allegheny and North.
western.
Much Interest in Debt Plans.
Administration circles continue TO
be somewhat disturbed over persistent
reports that the United States is to
be expected to demand from all other
debtors exactly the same terms al
lowed Great Britain. The agreement
whereby Great Britain refunded her
obligations to the United States on a
62-year basis at rates of interest at
8 and 81 per cent was based upon
that empires ability to pay, 1t is re-
iterated by officials here. Negotia-
tions with other powers are preceding
along similar lines-the ability of the
debtor to pay.
The same general plan of allowing
long time amortization at a reduced
interest rate is expected to be adhered
to, but there need be no expectancy,
according to authoritative informa-
ton, that the smaller nations with
less ability will be pressed into any
agreement which could not be fulfilled
by them.
Less Money in Circulation.
The Treasury's figures for July
show the per capita amount of money
| in circulation as $41.49, as compared
| with $42.20 of the same date last
year.
Gas Light Dividend Voted.
The usual quarterly dividend OF
| 90 cents has been declared by the
| Washington Gas Light Company
| board of directors, to stockholders Of
| record July Is. 1t will be paid
| August l.
Plans Vacation in Maine.
| Francis G. Addison, jr., president
| of the District Bankers Association,
will leave Washington tomorrow by
I automobile for his vacation at York
| Harbor, Me. He expects to return
| by August 4.
! CHICAGN LIVE STOCK MARKET