Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-04-21

sideration for brokerage houses in other
cities which have membership In the
New York Stock Exchange.
No broker living outside OF New YORK
can be president of the association, so
Mr.. Spaid has received the highest
honors in the gift Of the organization.
There are so many matters that have
to be taken I'D with the exchange Of
ficials that the head of the association
has to be In Wall Street constantly.
Mr.. Spaid is one of Washington's
leading brokers and Is a former presi-
dent Of the District Bankers Associa-
ton.
c. & o. Reports March Net.
Gross revenues Of the Chesapeake g.
Ohio Railway for the month were So
7l1,e79, a decrease Of $724,8l3 over
March of last year; operating expenses
were $6.505,793, a decrease Of 1887 946,
as compared with March Of last year;
=. net railway operating income was ST.
$3.50, 29l, an increase of S209, 100 over
March of last year. The net income
after all charges for the month Of
March, 1881, was $1.762.22l, an in
crease OF $150,079 over March of last
year. The operating ratio is $40 per
cent compared with 7l.8 per cent for
March of last year, or decrease OF
"a per cent.
81, 1881, the Chesapeake 81 Ohio Rail-
way Co. shows gross revenues of $28,-
AL, a decrease of $4,990,235. OPP
Grating expenses were S19,520.275, a
decrease of 1881. 1868. Net railway
operating income was S6.867 ,428, a de-
crease Of $l,781 1874. Net income after
all charges is S5,0l6,484 decrease Of
s1,954,332 compared with correspond
ing period Of 1880. The operating ratio
for the period Is 67.8 per cent, a de-
crease of a per cent as compared with
same period year ago.
Dunlop Joins GoOdbOdy Stan.
McElroy Moss, manager Of the local
ONCE of Goodbody e. Co, announced
today that A. McCook Dunlop has join
ed the Washington staff and will be as
sistant manager of the Office. Mr.. Dun
lop is the son Of @. Thomas Dunlop and
his family have been connected with
Washington activities for several gen.
erations. He is a graduate Of Prince
ton University and is active in the social
and financial life of Washington. He is
q member Of the Chevy Chase Club, the
Pine Valley Golf Club and the Prince
ton Club of New York
Mr.. Dunlop's financial experience in
cludes his connection with several well
known local brokerage firms.
TOday's Trading on Exchange.
Washington Railway & Electric pre-
q ferred and Mergenthaler Linotype were
among the leading issues on the Wash
tngton Stock Exchange today Railway
preferred opened at 984s and closed at
the same figure. Most of the trans
actions in Mergenthaler Linotype were
made at 80M.
National Savings e. Trust Co. stock
moved at $50 and 443 on a 25-share
turnover. Capital Traction SIS led bond
trading, opening at 1874 and closing at
80. Capital Traction stock figured in
I but one sale, 10 shares selling at 339s
up Is from yesterdays close.
Heard in Financial District.
G. Bowie Chapman has been reelected
a director in the Van Camp Packing
Co.. Inc.
President Rome C. Stephenson of the
American Bankers Association was in
the city a few hours Sunday
H. Kenneth Murray has assumed his
duties in the Washington Office of
Hemphill, Noyes g. Co. rnomas j.
Mangan, jr, the local manager. is spend
ing a few days at White Sulphur
Springs, w. Va.
y The Treasury Is offering a new issue
Of 100000 9l-day bills.