Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-19
LOCAL ISSUES END
WEEK NEAR PEAKS
Bank CIearings Slightly Low.
er-North American Re.
ports Higher Net.
BY EDWARD G. STONE.

AS usual. the Washington Stock Mar
ket yesterday ignored the sharp break
on the New York Exchange and prices
ended the week at the top, Trading
was about equally divided between
stocks and bonds,
Washington Railway g. Electric
General IS again sold at their high
for The year. l04i,. There were $1,000
and $4,000 transfers IN Railway d
Electric As at "a Potomac Electric
Power IS were strong at 100 and Po-
,omac Electric Consolidated SIS were
also firm at l038,.
Capital Traction opened at lie and
closed the week at ll5'a on light
sales. Potomac Power E per cent pre-
ferred sold at 10 and 81, per cent
preferred shares At lC7'4 and lo1.
Eight shares Of Union Trust came out
al 80 Barber & Ross moved a. b
and % shares Of Merchants Transfer
& Storage preferred recorded lo9':
The only ether stocks out were Mer-
gentha!er Linotype which opened at
lo7', and closed at lot. and Sanitary
Grocery preferred. which sold to the
extent Of Ii shares at LOG, In the
unlisted department. Chap!n-Sacka 8
per cent preferred came out at lo4.
Munscy Trust at 1o5 and Raleigh
/ Hotel Co. at par. 100.
When The unlisted securities were
checked up for the week. several
changes we're noted, The bid on Cos
mos Club 81, was raised from IS TO 81.
CITY Club IS lowered to so from IS, and
Metropolitan A.. raised a point to 81.
The bid on Northeast Savings Bank
t was advanced from II to 10 and on
Park Savings from 60 to 20. The bid
nrica on District Title Insurance Co. Is
TOW as.
Local Bank Cicarings Slump.
Bank clearings in the National Capt.
tai for the week ending February is.
week which vas observed extensively
in many places with a holiday. showed
a decline over the previous week. Clear
;rc, were s,4.558 600 as compared with
SIS. 167 .00n on February .. They were
also IS per cen, under the correspond
ing week in 1925.
Richmond ci,arings were $40 $4,000
for the week. over 81 600 900 above the
previous week. but slightly behind the
figures Of a YEAR ago. Baltimore did
rot 90 60 well. the total Of S95.l24o00
being 100000 lower than the week
Of February and s per cent under
last Years total. Partial holiday OBJ
servaces vas an importan. factor OBJ
tha Baltinlo~e figures
Norfolk clearings we're almost exactly
th7 same as the previous week, but
under 1926 Bradstreets reports that
the country as n whole showed de-
c'ires. but says the slump was largely
due to the holiday The country
registered q gain over year ago.
North Americans loa. Income Gains.
The preliminary report of the North
American Ccmpanv wl.icn owns so
r1uo1 suck in the Washington Railway
end Electric Co. end subsidiaries Tor
1927 shows net income Of Sl9.2)f.6i
eo,,el of+o~ ,>-~<--r~.' 6'-ir,~nS- ~ SO IS
q share on 5lis53 shares Of no par
common etocs and scrip outstanding AT
tho end Of the wear. This compares
with not irco.,1o Of sl75e3.5 07 or SO 81
? e!-arp on 4oi9322 common shares OF
$40 rar OUTSTANDING at the end OF 1875
Income account follows:
<r~-y St'~ 1gs So: Sfts $50 $50
ON a.r .-f ,ax - aHS s-1 - So SIS
>e, - ~5s."l3 S5l Az. 5>s
o.i,a- ,n,.,r,, aon".5i 3ii:iiI
~r,e1 ,r.,ara> -" eSnn~s so g.! J n'H
=, 49,. $3.50 3tn "a ss.'s'
IA t.sA s,,},s : ra;.;o Hs5 SIS
- .,-.-.st .nj "a ,:iso .tRi
A,,r-,~. ,.,,.,, f":kI nf3 / 4as n..3
&rt laca~e~ sl0's5i az So $50 sus
rrA a.Yjs~afs Is.no:. is.n,1o:
c.sl IL, idemds. '3il -: 3."2..,,''