Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-09-08
PRICES ARE FIRM
ON EXCHANGE HERE
Dealings Fairly Broad Today.
Continental Trust Shares
Are Active.
BY EDWARD C. STONE.

Trading was firm and fairly broad
on the Washington Stock Exchange
today. Capital Traction again sold at
LOG. Sixty-five shares of Continental
Trust Co. stock again sold at 125, and
25 shares of National Savings & Trust
came out at els.
Potomnc Electric Power per cent
preferred sold at 1922 and the 51a
per cent preferred registered 1924
Washington Gas Light stock changed
hands at 76%, while Federal Ameri-
can Co. common opened at 37K and
closed with 50-share sale at SO.
Both type stocks appeared on the
board, three shares of Mergenthaler
selling at 109, while Lanston opened
at 1909, advanced to 100A. and closed
at 101.
There was but one bond transaction,
Wardman Park Hotel 51as moving at
96A.
Nickel Plate Earnings Jump.
Wall Street statistics show that the
Van Sweringen group of railroads, in
Guiding the Chesapeake & Ohio, Erie,
Pere Marquette, Nickel Plate" and
Hooking Valley had larger gross and
net earnings for the first seven months
this year than the record results for
the same period of 1926. Gross of
$217 900 was a gain Of 2.S per cent
and net operating income of about
SAL 100000 was up per cent. This
is in contrast with the showing of all
class / carriers for the first seven
months of 1927, indicating a decrease
of about 10 per cent in net operating
income. The nickel Plate" was the
only one in the Van Sweringen group
with lower gross, and all had higher
net except that road and the Pere
Marquette.
Bank Now Eleven Years Old.
The directors of the Prince Georges
Bank of Hyattsville and Mount Raj
nier have just transferred $4,000
from undivided profits to surplus.
This gives the bank, which is now II
years old, surplus fund of 100000,
or double it's capital. The Prince
Georges Bank has assets of more than
$4,000 900, according to it's last condi.
ton report. The present officials are:
J. Enos Ray, president T. Howard
Duckett, n. G. Dudrow and Perry
Boswell, vice presidents; T. M. Jones,
cashier The directors include John
II. Beall, Edgar H. Bondurant, Perry
Boswell, T. Howard Duckett, N. G.
Dudrow. Henry A. Friday. George B.
Furman, w. Allen Griffith, Summer.
field D. Hail. T. NJ. Jones, DR.. Vernon
j. Lohr, Harry w. McNamee, Oliver
Metzerott, T. B. Middleton, J. Enos
Ray, Henry S. Roome, j. Chew Sheriff,
Benjamin r. Sherwood. DR.. Thomas
B. Symons and DIR. Hillary T. Willis.
Heard i'm Financial District.
B. Gym Dent, one of the assistant
cashiers of the Riggs National Bank,
has returned from months vacation
passed in the Valley of Virginia, spend
ing much Of the time at Orkney
Springs.
Robert c. Jones, manager of the
stock department of G.. M. p. Murphy
& Co., is spending his vacation motor
ing in Canada.
B. o. Harper of Crane, Paris & Co.
has returned to his desk after his
annual vacation, which he spent in
Washington and points in nearby
Maryland.
:. Robert B. Flynn, has been admitted
as a general partner in the firm of
Fenner & Beane and will have charge
of the orders on the floor of the New
IOIh S9IOCh LACUdlI5C. 1AilS COAlO uAly
has an office in the Willard.
w. w. Keck, assistant treasurer of
the American Security & Trust Co.,
has returned to the bank from a
months vacation spent motoring in
Canada.
Frank p. Morse, manager of the
Washington office of j. & w. Seligman
& Co., is most enthusiastic over his
two-month trip to Europe. He was
back at his desk today.
President julius /. Peyser of the
Security Savings & Commercial Bank
reports a most enjoyable session of
the American Bar Association at Buff
falo. Mr.. Peyser served on the spe-
cial committee on American citizen
ship and is a member of the section
in charge of legal education and ad.
mittance to the bar.
Railroad Officials Promoted.
George l.. oliver, formerly city
passenger agent in Washington for
the Atlantic Coast Line Railway, has
been promoted from district passenger
agent of the Florida East Coast Rail-
way, at Miami, to assistant general
passenger agent at st. Augustine. He
has been succeeded at Miami by Lynn
J. Irwin, who also served as passen-
ger agent in Washington for some
time while connected with the Atlantic
Coast Line.