Evening star., 1939-12-11
Bond Sales Exceed
Last Years S Mark
On D. {. Exchange
Demand for Stocks
Slightly Under 1888
In Post II Months
By EDWARD c. STONE.

Bond sales on the Washington
Stock Exchange in the first II
months of this year totaled 1854 900
In all issues, in comparison with a
total of s255,000 in the like period
In 1888, survey of the years busl-
ness to that date reveals.
Interest in Capital Traction first
Is, 1947, led the bond list, with a
turnover up to December 2 of $l77,-
00O Trading in those bonds has
been active since that date and the
total 1889 volume is now consld-
erably larger than at the beginning
of the month.
The bonds opened 1899 at 84
dropped to 83, and then turned up
ward, now selling at 81, the high
for the year and yielding 5.45 at
that price. The next most popular
bond on the list has been Washing
ton Gas Light first SIS, 1860, which
registered a turnover of S85,500 in
the II months. The last sale was
made at 1925, to yield $50 per cent.
During the year there has been
$50,0O0 turnover in Anacostia &
Potomac River r. R. first IS, l949.
Following a years low of 81 the
bonds last sold at 973s, yielding SGT
per cent. Washington Railway &
Electric Consolidated As have also
been popular. Now selling at 1O712,
few holders are willing to part
with them.
Stocks Turn More Active.
While total share sales of stocks
on the exchange were behind the
same period last year at the end
of November, 13,44l shares, COM
pairing with l5,9O7 business has been
Increasing rapidly. December may
see last years record exceeded.
Capital Transit has led the mar
ket in per share turnover. In the
IL months 5.236 shares changed
ownership, the last sale being re-
corded at Is. Among the high
priced issues Washington Gas pre-
ferred registered total sales OF 1.522
shares. ending the period at 104&4.
The survey shows that Riggs Ma
tional Bank common was the most
popular bank stock on the board,
the turnover totaling 2l6 shares,
ranging between $50 and 274, Next
in activity were Liberty National
and National Savings & Trust Co.
shares. Liberty last sold at 165
and National Savings & Trust at
ITS.
In the miscellaneous list, Mer-
eenthaler Linotype had the largest
turnover, 1925 shares. last sale at
is. Next in per share volume came
Real Estate Mortgage g. Guaranty
preferred, followed by Lanston
Monotype. The highest priced stock
In the list is Woodward e. Lothrop
preferred, last sale at l2O, the re-
view discloses.
Store Sales Up IL Per Cent.
Department store sales in the
Richmond Federal Reserve District,
which includes the Washington area,
jumped II per cent in November
over November, 1898. the governors
of the Federal Reserve system an
nounced today. The fifth district
gain for II months was per cent,
according to reports from 43 stores
in q cities, exactly the same as
the national average upturn.
The Reserve Boards index ad-
venced to "a, about the same as at
the peak in 1887 when prices of
commodities sold at department
stores were generally somewhat
higher than at present. 1t compares
with SO in November last year,
Comparisons in all u districts for
November and the II months, with
last year, follow:
Nov. Mos. Stores Cities.
United States
total -6 s 524 239