Evening star., 1925-10-31
C[EAR|NCS SHOW
IMPRESSIVE GAIN
0ctober's Total of S116,-
8M,670 Is Increase of
s11,o00,OOo in Month.
BY CHAS. Il. SH.iEFFER.

The purchasing power Of Washing
ton, as measured by check transac-
tons. amounted to SIG S44 $40 duriu-
the month of October ended todaE
monthly statement of Charles l.,
Bright, manager of the local aSSCcia
ton. diScloscs. This sum represent
a gain of about S11 900. 900 over las
month. and an increase Of approNi-
mately $4,000, 900 over the correspond
ing month Of last year
Total fer the month has been cN
ceeded but twice, last June when Sl@4
36t.7iS Was cleared, and in the SUE
ceedlng month. when Sl22.57J. .i6a
passed through the local association
Last years total set a new all.time
high record of 81 1,167 39S.426 but this
mark is due TO he smashed in 1872.
the first 10 months of which has al
ready accounted for total of SILL
696,OI6.
Following is the monthly record for
the year to date:
January. 100 ,562 ,G16: February, 81
OIL 80; March. 11o,92O 979: April
ll2,360,952: May, 1fJ.295 .6GJ, Iunc
124 1866 ,75S; July. 129.575,46S: Angus
lOl ,429,229: September, ID5.31e.3 300
October. 116,@4467o
Bond Offering Made To-day.
1 'pl4t piit! Ile u SN,l1u .unO Mime
polls. st. Paul and Sauit Ste. Marie
Railway Co. first consolidated ; rer
cent gold bonds, due July ]. 1928. IS
| made at 99l2 by Dillon, Read & 60
| and the National City co. Proceeds
| Will be used to retire Il like amount
! OF 500 Is due next January l. This
' accomplished, the consolidated SIS Of
| the 500 system Will become a straight
| nrst mortgage on the entire propertr
l nj
| nais. land and buildings. Bonds under
| this mortgage. which are guaranteed
as to interest by the Canadian Pacific
| Railway Co, will then he outstanding
| 70 the amount OF S71 ,147 goo. of which
So6,S 900 are IS, and $l4.2S4. 600
| including this issue, are IS.
| Business Trend Upward.
| more marked upward trend is Wis
| lbie in most lines of business, Dun
| finds Expansion since the Fall sea
son opened has been progressive
| something being added each week -
the gains previously made. and the
general outlook is decidedly promising
1t Is the common report now that
| results are better than those Of =
| year ago, adverse comparisons being
the exception, and in some instances
conditions are more favorable than
for several years. Financial state-
| ments recently issued show concI,l-
| slVely that the position of many cor.
poratlons has been matcriaII,-
| strengthened with earnings OF some
prominent companies setting nev-
nigh records, and numerous increased
or extra dividends have been declared
production and employment Of work,
erS In most Industries are rising IN.
der the impetus Of broadening dc
mandS Tor actual consumption. whiie
in certain quarters there is now more
| disposition to anticipate requirement s.
and untitled orders Of manufacturers
are larger.
Trading on Local Board.
| The trend on the Washington Stoc,z
| Exchange was fairly even this morn.
ing with a volume in excess of the
usual Saturday trade Chapin- Sacks
per cent preferred stock gained il
| full point 10 20 on transactions involy-
| ing five shares. while Metropolitaa
| club 412s sold at -. also Il point gain
| Stock Of the Continental Trust Co.
gained half d point 10 S1la. and Ian
ston was up fractionaily to ssh.
| Potomac Electric Power per cent
preferred ''w. j." stock continued in
| good demand. & hares selling al
| l03i4. Riggs + qualed its high
mark with sa' shares at Iii
| Unlisted ST. lies Prices.
| The following latest bid" and
| asked" prices for unlisted securities
are quoted for the guidance Of holder
| of these issues: